Tixee Review – Key Findings for 2022 [Updated]

Account types and how to know which is suitable for you 

The broker is regulated and licensed 411/22 by CySEC, SDO61 by FSA, and 49648 by the FSCA.

Tixee is set on a path to empower traders with quality, simple and innovative resources as transparently as possible.

Here are a couple of things potential users should know about the types of trading accounts Tixee offers before joining the platform.

Trading accounts

Accessing the Tixee’s trading accounts is straightforward; to get started, users only need to visit the website and select the Trading Accounts (https://tixee.com/trading-accounts/)   dropdown under the heading ‘Trading’ or click any of the numerous CTA buttons on Tixee’s Landing Page.

Tixee offers four major trading accounts types:

They include from lowest to highest:

• Entry-level
• Standard
• Premium
• VIP

Tixee offers a 24/5 customer support service. That is, 24-hours a day/5 days a week.

All four accounts offer leverage, tight spreads, generous rebates, and customer-centric support with an onboarding call provision for new traders regardless of the account type to which they subscribed.

Entry-level Account

With a $250 (Or EUR/GBP) minimum deposit, Entry-level is ideal for traders with limited experience and budget. 

It prevents inexperienced traders still perfecting their strategies from blowing out a big-money account. 

Tixee’s Entry account has a maximum average rebate bonus of 30%. Which for a beginner account is quite understandable compared to other brokers.

Standard Account

Like the rest of Tixee’s Trading Accounts, traders can deposit in either USD, EUR, or GBP. 

Standard Account has a 2,500 currency units minimum deposit and a rebate bonus that could extend as high as 50%.

Standard account users will also get investment research and trading analysis support from Tixee. 

Baby traders are advised to start with an Entry account, but it’s also perfect if they have enough confidence and deep pockets to shoot straight for the Standard Account. 

Premium Account

Premium accounts are for experts who can afford a 10,000 (USD/EUR/GBP) starting deposit.

Its spread starts from 0.8pips and has a maximum leverage of 1:400.

Premium account users will also get to share their strategy and monthly trading experience with an educational specialist to fine-tune their strategy further.

VIP

It needs no explanation. Only professionals capable of shaking off the 50,000 USD/EUR/GBP minimum deposit are advised to bear the VIP burden.

The VIP account subscription is accompanied by trading strategies courses, weekly sessions with an educational specialist, and a commission of $6 per LOT.

Here’s a table depiction of Tixee’s account types

How to open a Tixee Trading Account

Traders opening a Tixee account must satisfy the platform’s Antimoney Laundering (AML) and Know-Your-Customer policy.

Every individual will need to provide:

• Legal name
• Residential address, city code, phone number
• Office address
• Date and place of birth.

After filling out this basic information, customers need to further verify their identity by providing any of the following;

• Valid Passport,
• National ID Card
• Current driving license with their passport photograph
• Recent utility bill and/or bank statement.

Tixee will process these documents to verify the user’s trading account. 

Then, after the platform approves their application, the user will have to deposit a specific fee through a payment method depending on the trading account and trading experience they want to get. 

The deposit can be anywhere from 250 EUR/USD/GBP to millions. 

Tixee charges no payment fee, but their payment partners do. 

Accounts Pros

• Account Types are created to suit unique experience levels and pocket sizes.
• The numerous payment partners shave off potential issues with deposits and creating accounts.

Accounts Cons

• The accounts types might be unwittingly profiling every small budget trader as inexperienced. 
• The $250 minimum deposit fee is high compared to other brokers.