Trans FX (tmifx.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 15514420665
Addresses: 22 Baker Street London This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: tmifx.com.
I signed up with Trans FX (tmifx.com) when my bank disappointed me and I searched for alternatives and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Stable platform|Low minimum deposit|Great customer service|Customizable dashboard
Cons: Wish they had more educational resources
My withdrawal from Trans FX (tmifx.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since last summer of being strung along.
Pros: Fast support response|Good analytical tools
Cons: No crypto staking|Live chat only during business hours
Trans FX (tmifx.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Stable platform|Social trading features
Cons: No fractional shares
Trans FX (tmifx.com) locked my account without warning and demanded documents I had already submitted. for just over a year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: High security standards|Personal attention
Cons: Wait times can be long during peak hours|Limited demo account features
I gave Trans FX (tmifx.com) a fair chance. After for nearly two years of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Professional team|Social trading features|Risk management tools
Cons: Minor UI glitches occasionally
I lost a significant amount because Trans FX (tmifx.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Great customer service|Regular updates
Cons: No phone support on weekends|Cannot customize dashboard fully
I found Trans FX (tmifx.com) after comparing multiple platforms and the initial impression was positive. But since mid-2025 later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Responsive team|Clear documentation|Multi-currency support
Cons: Website design could be more modern|Cannot customize dashboard fully
The only good thing about Trans FX (tmifx.com) is that they remind you why regulation matters. I found them after hearing about them at a conference. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Full transparency|Quick verification
Cons: Wish they had more educational resources|Alert system is basic
Do not believe the bonus offer from Trans FX (tmifx.com). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through my accountant's suggestion and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Fast deposits|Copy trading available|Easy to use platform|Smooth onboarding
Cons: Withdrawal takes 1-2 business days
I trusted Trans FX (tmifx.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Comprehensive tools|Intuitive for beginners
Cons: None so far|Minimum deposit could be lower