Tifia

Tifia, legally registered as PT. Tifia Financial Futures, is a forex broker based in Jakarta, Indonesia. The company was founded on 25 May 2022 and operates under the official domain tifia.co.id.

Its registered address is at the Equity Tower, 11th Floor Suite H, SCBD Lot 9, on Jl. Gen. Sudirman Kav. 52-53, Jakarta 12190.

According to our records, Tifia holds a Forex Trading License (EP) from BAPPEBTI, the Indonesian Commodity Futures Trading Regulatory Agency. The licence number on file is 192/BAPPEBTI/SI/II/2003. However, the status of this licence is listed as not available in our records, and the company reports zero employees.

BAPPEBTI is the primary regulator for commodity futures trading in Indonesia, including retail forex brokers. A licence from BAPPEBTI is a mandatory requirement for any entity offering forex trading services to Indonesian residents. Tifia's registration with BAPPEBTI suggests it is authorised to conduct such activities.

It is important to note that the licence number on file, 192/BAPPEBTI/SI/II/2003, appears to be dated 2003, which predates the company's founding in 2022. This discrepancy raises questions about the validity or current status of the licence. Our records do not provide a clear status for this licence, and we were unable to verify it independently.

As a forex broker, Tifia is expected to offer retail clients access to leveraged trading in currency pairs, and possibly other instruments such as commodities, indices, and CFDs. However, our records do not contain specific details about the trading platforms, account types, or instruments offered by the broker.

Given the lack of publicly available information, we cannot confirm the range of products or the quality of trading conditions. Prospective traders should seek clarity from the broker directly, but the absence of verifiable details is a concern.

PT. Tifia Financial Futures was established in 2022, making it a relatively new entrant in the Indonesian forex market. The company is headquartered in Jakarta, a major financial hub in Southeast Asia. The registered address in the SCBD area suggests a professional office environment.

Despite its recent founding, the broker has no verifiable website or social-media presence according to our records. This is unusual for a licensed broker and may indicate operational challenges or a lack of active engagement with clients.

Our records flag Tifia with a high FXCanary Scam Risk Score of 85 out of 100, categorised as 'Severe'. The risk flags include being listed as a 'Fake Broker' in industry watchdog records, being identified as a clone or impersonator firm, and having no verifiable website or social-media presence.

These flags are serious and suggest that traders should exercise extreme caution. The combination of a potentially questionable licence, zero employees, and a lack of online presence raises significant red flags. We strongly advise traders to conduct thorough due diligence before engaging with this broker.

In summary, Tifia is a forex broker registered in Indonesia with a BAPPEBTI licence on file, but the validity and status of that licence are uncertain. The broker has a very limited public footprint, and our records indicate several risk flags that warrant caution.

For traders considering Tifia, we recommend verifying the licence directly with BAPPEBTI and seeking independent reviews. Given the severe risk score, it may be prudent to explore alternative, well-established brokers with a transparent regulatory status.