Is TFI Markets LTD a Scam?
TFI Markets LTD: scam or legit — our verdict
FXCanary rates TFI Markets LTD at 75/100 scam risk (Severe risk). TFI Markets LTD carries risk signals that a cautious trader should not ignore before depositing.
The overwhelming majority of user reviews are negative, with 31 withdrawal-related complaints and zero positive mentions across all topics. Reviewers consistently describe the platform as a scam and fraud, citing specific incidents of blocked withdrawals, cancelled transactions, and stolen funds, including losses of $70,750 and 7.6 million yen. Many also allege that the platform impersonates a legitimate company, using its name, logo, and contact details, and that it has been shut down by Google multiple times. This pattern strongly indicates a high risk of financial loss for any trader engaging with TFI Markets LTD.
Unlike closed "trust scores", our number is a transparent weighted formula from public data — the full breakdown is below, and FXCanary takes no payment from any broker it rates.
How FXCanary Assesses Broker Safety
If you are considering trading with TFI Markets LTD, or if you have already deposited funds, the most important step is to stop any further deposits immediately. Do not send more money in the hope of recovering what you have already lost; this is a common tactic used by fraudulent brokers to extract additional funds. Instead, document all communications, transaction records, and screenshots of the platform, as these may be useful if you decide to report the broker to authorities.
Next, report the broker to the relevant financial regulator in your jurisdiction, even if the broker is not licensed there. While they may not be able to take direct action, your report can contribute to a broader pattern of complaints that may lead to action against the broker. You can also report the broker to internet service providers or domain registrars if the website is being used for fraud.
Finally, we urge traders to always verify a broker's regulatory status before depositing funds. Check the official register of the regulator in your country, and be wary of any broker that claims to be regulated but does not provide a license number. In the case of TFI Markets LTD, the absence of any license is a clear warning sign. We also recommend reading independent reviews from multiple sources, but always cross-check the information against official records. In this case, the user reviews are consistent with our own findings, and we believe they accurately reflect the reality of trading with this platform.
How we score TFI Markets LTD's scam risk
Seven factors from public regulatory records, complaint data and real reviews — each 0–100 (higher = riskier), combined by the weights shown.
| Factor | Risk | Weight |
|---|---|---|
| Regulation & licensing | 85 | 35% |
| Company age | 45 | 15% |
| Clone / impersonation | 0 | 12% |
| Withdrawal & exposure complaints | 100 | 12% |
| Offshore registration | 45 | 8% |
| Transparency (site/info/social) | 75 | 10% |
Red flags & reassurances
- No verified regulatory license on file
- 16 user exposure/complaint reports filed
- Withdrawal complaints in ~172% of recent reviews
- No verifiable website or social-media presence
Is TFI Markets LTD regulated?
No verified regulatory licence was found for TFI Markets LTD. An unregulated broker offers no compensation scheme, no segregated-funds guarantee and no regulator to complain to — a major caution sign.
Withdrawal complaints — can you get your money out?
Withdrawal trouble is the clearest scam signal in retail forex. FXCanary counted 31 withdrawal-related complaints for TFI Markets LTD.
- "I have invested 70,750 dollars.after I asked for withdrawal, they are not responding. i request them to help in my recovery.This platform don't care.a bout investors making real mo…"
- "This platform is so deceiving, I have been deceived 7.6 million yen. They canceled my withdrawal without my consent. I hope the regulators will reach out and help me, I get frustra…"
- "The fraudulent website TFI Markets Ltd. has used the URL www.tfisplusfx.com in the past. Currently, the website is available at: www.tfisplusfx.com/en/ www.tfisplusfx.com/zh-cn/ Th…"
How to protect yourself with any broker
- Verify the regulator licence number directly on the regulator's own website — don't trust a logo on the broker's site.
- Test withdrawals early: deposit small, trade, and withdraw before committing serious capital.
- Confirm you are on the official domain; check the clone list above.
- Be wary of guaranteed profits, aggressive bonuses, or pressure from "account managers".
- Keep records (screenshots, statements) in case you need to file a complaint or chargeback.
Read the full TFI Markets LTD review → · Full profile & live data