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What is Tfx Target? Opening a Tfx Target Account

Tfx Target is a system that allows you to conveniently buy and sell gold and foreign currency five days a week, twenty-four hours a day,

What is Tfx Target? Opening a Tfx Target Account
Yazar: Charles Porter

Yayınlanma: 24 Ağustos 2022 04:44

Güncellenme: 25 Aralık 2024 08:10

What is Tfx Target? Opening a Tfx Target Account

What is Tfx Target?

Tfx Target is a system that allows you to conveniently buy and sell gold and foreign currency five days a week, twenty-four hours a day, five days a week. The bank prepares a separate application for this and this is different from the others. This system is Java based, so it is not possible to use it for everything. The system it is used on is Windows compatible tablets and computers. The reason why it does not work on mobile is that it makes purchases twenty-four hours a day. Studies are being carried out to ensure that the application will be used on mobile phones in the future. When we want to buy foreign currency and gold, it is possible to buy within the working hours of the banks, but it is possible to buy and sell twenty-four hours a day through this system. Transactions are made on second-by-second current data. The application adds preferability because the system is very easy to use.

How to Use TFX Target?

In order to use the system, you can easily use it free of charge by opening an account by going to any participation bank branch in Turkey, and a demo is also provided free of charge to use it. There are thirty-three pairs on the system. And these pairs make it practically easy in most transactions with transaction speed. These pairs provide us with trading speed and quality, making them useful in most transactions. AS A DISADVANTAGE; The application is to set a lower limit in the purchase and sale process. For example, for example, when buying gold, 50 grams, when buying silver, 800 grams, and when buying dollars, you need to buy at least 220 dollars.

What are the Advantages of TFX?

  • We can follow the foreign exchange and precious metals market instantly whenever we want.
  • This saves us time.
  • Our foreign exchange and other transactions can be done from where we are without the need to go to the branch.
  • We can buy silver and gold from our bank account without any time discrimination.
  • Service is available 24 hours a day, 5 days a week, without the hassle of working overtime.
  • The application works in partnership with Participation Banks and the work done is instantly reflected in the account.
  • The risk is minimized thanks to the applied system.

TFX Target Currency Trading

A user-friendly interface and uninterrupted service is provided to make foreign exchange and precious metal transactions as soon as possible. Orders can be placed on the system and the user can easily continue the transaction practically. You can easily access the application from your computer, tablet and mobile phone without downloading a program. You can monitor and track the transactions made simultaneously.

Minimizing Forward Exchange Rate Risk

Tfx Target nedir? Tfx Target Hesabı Açmak Thanks to the limits provided by Türkiye Finans Katılım Bankası, Forward transactions up to 365 days maturity are made directly over the internet from the Tfx Target application without going to the branch and this reduces the risk.
  •  You can follow and analyze the exchange rates through the system and accordingly, transactions can be followed in seconds. And the transactions are simple.
  • In the forward transaction, the system warns you when the expiry date comes, checks it during the day, if there is a current transaction, it automatically makes the transaction and saves you from the transaction.
  • If the current account is not available in these transactions, the transaction is done manually during the day.
  • To perform forward transactions, you should apply to the nearest Türkiye Finans branch.

Money and Gold Markets

  • Based on current comments, the Dollar, Euro, Gold is purchased risk-free and traded in the peace of trust.
  • With this application user earns with minimal risk.
  • Comments are important in this market because comments are acted upon and good analysis is provided based on these comments.

TFXTarget Application

TFXTARGET is an android and iosa compatible mobile program. The system can be accessed from other sources and transactions can be made from mobile browsers at any time. Transactions can be made at any time with Türkiye Finans Internet branch information without the need for an extra user profile and password for the application. The application is compatible with mobile phones, tablets and computers, in short Android iOS and Windows. The program is downloaded for use from anywhere.

Models

There are three models.
  • The arbitrage model trades according to the money in the account.
  • In the margin trading model, an exchange rate reference is created by using it during the day according to the limit.
  • Forward model provides forward exchange rate linking.

Trading on public holidays

  • It is done. As long as the accounts are available, transactions are made 5/24 via Tfx Target.
  • Transactions that cannot be made for any reason are notified to users by TFX TARGET.

Futures Trading Opportunity

Forward transactions are performed. In line with the limits given by Türkiye Finans Participation Bank, Forward transactions are carried out for 365 days maturity.

TFX Target Transaction Commissions

Since everything is done instantly in this system, prices are shown as discounts. The sites that show prices in the market cannot discount prices because they cannot make calculative transactions. For these reasons, there seems to be a price difference between the sites that show prices in the market and TFXTARGET, but in actuality there is not.

TFXTarget Working Hours

  • OPENING: Monday 01.00 CLOSING: Friday 23:59 works continuously.
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