The minimum deposit for Tier1FX is pretty high, is it safe?

The minimum deposit for Tier1FX is pretty high, is it safe?

Dear Investor, 

Tier1FX claims to be the branded offering of the online brokerage division of Hogg Capital Investments Limited, which claims to be licensed and authorised by the Malta Financial Services Authority (MFSA).

Upon investigation, we confirmed that Hogg Capital Investments Limited is indeed the MFSA licensee, and that the Tier1FX domain is listed in its details.

However, while the entity appears to be licensed, investors should remain cautious: regulatory status does not guarantee full compliance or eliminate the risk of misconduct. Forex trading itself carries high risks, and returns often depend heavily on your financial knowledge and trading experience. If you are new to trading, we strongly recommend that you start with a demo account before committing real funds. Choosing a broker that supports a low minimum deposit is also advisable.

As always, due diligence is essential. Make sure you research thoroughly before investing, and remember that there’s always more to learn in the trading world.