CFDUnited Arab Emirates

TEFS

Explore available platforms, evaluation programs and payout rules.

Score: 3.7/10
Safety grade: D
Direct funding: Not available

Read full company overview

TEFS (Trading Education & Funded Services) is a proprietary trading platform operated by TEFS Marketing Management L.L.C, a company registered under License number 1442391 in Dubai, UAE. What TEFS sells is an education package bundled with a simulated trading account, not a bare evaluation fee: every plan on both product lines includes a Self Study Course, a Self Study Crypto Course, Foundations, a DEMO training account and a Live Trading Room, and the Instant Access tiers add Personal Coaching, Tactical Edge and the Crypto and Forex Star Trader courses. Two product lines are sold. Challenges are one-step evaluations from $5,000 to $200,000 of buying power, priced $55 to $969, requiring a 10% simulated profit target over a minimum of 4 trading days with no deadline, inside a static 6% maximum drawdown and a 4% maximum daily loss. Instant Access skips the evaluation and grants buying power of $12,500 to $210,000 for $445 to $7,975 with a maximum drawdown only. All trading is simulated on live market data with no direct or indirect market access, and the platform itself is a white-label solution TEFS buys from a third party. Traders are compensated as independent contractors through monthly Service Payments.

Profit split80% on Challenge-derived accounts; 65% - 85% by Instant Access plan

PayoutsMonthly

Platforms

This firm has not published platform details yet.

No published platform details.

Programs & evaluation

Choose from a range of evaluation programs with flexible profit splits and trading conditions.

Profit split: 80% on Challenge-derived accounts; 65% - 85% by Instant Access plan
Programs & evaluation: Multiple programs (see official website)

10000 Challenge

Account size: $10K
Profit target: $1,000
Drawdown model: Static

5000 Challenge

Account size: $5K
Profit target: $500
Drawdown model: Static

View all 11 programs

25000 Challenge

Account size: $25K
Profit target: $2,500
Drawdown model: Static

50000 Challenge

Account size: $50K
Profit target: $5,000
Drawdown model: Static

100000 Challenge

Account size: $100K
Profit target: $10,000
Drawdown model: Static

200000 Challenge

Account size: $200K
Profit target: $20,000
Drawdown model: Static

Instant Access

Account size: $20K
Drawdown model: Static

Instant Access

Account size: $12.5K
Drawdown model: Static

Instant Access

Account size: $66K
Drawdown model: Static

Instant Access

Account size: $130K
Drawdown model: Static

Instant Access

Account size: $210K
Drawdown model: Static

Payouts & rules

Get paid monthly with a variety of methods and clear rules.

Payouts & payments: Multiple options (see official website)
Payouts: Monthly
Payout frequency note: Requests only at calendar month end, submitted by the 10th and processed by the 15th

Payout rules

Notes: Service Payments are requested in USD but may be delivered in EUR at TEFS' discretion, in which case currency conversion rates may apply. TEFS may split a payment into installments at intervals of up to two working days. Simulated Performance accrued between the 1st of the Payment Month and the payment date does not accrue to the trader, and losses in that window are deducted.
On Demand: No
Method Fees: The Service Payment will not be subject to any other additional fees
Profit split: 80% on Challenge-derived Service Accounts; 65% - 85% by Instant Access plan
Max Withdrawal: 15000
Min Withdrawal: 400
Processing Time: processed by the 15th day of the Payment Month
Payouts: Monthly
First Payout Days: 30
Payout Schedule Note: Requests may only be made on the Simulated Performance at the end of a calendar month, submitted by the 10th of the following month
Fee Refunded On First Payout: Yes

Trading rules

Notes: No third-party trading platform is named anywhere on the TEFS site (the homepage FAQ says only that 'traders can trade all instruments on the same platform'), so 'platforms' stays recorded as not published on-site. TEFS does name it off-site: in a public Trustpilot reply to a reviewer asking for MetaTrader 5, the firm states its infrastructure is 'powered by TraderEvolution, a professional multi-asset platform'. Verified live 2026-08-24 at https://www.trustpilot.com/review/tefs.com. Expert Advisors are not blanket-permitted or blanket-banned: the agreement voids accounts using prohibited methods 'including certain Expert Advisors (EAs)' without defining which, so the field is left unstated. Trading fees are $0.007 per share/CFD with a $1.50 minimum ticket on US stock CFDs, plus spreads and swaps.
Holding Note: Weekend trading is allowed but not recommended. Overnight US stock positions are capped at 20% of the sub account balance; repeated breaches can close the account
Max Leverage: Stocks 1x, Cryptocurrencies 0.5x, Forex 16x, Futures and Commodities 5x
Scalping Note: High-frequency trading and scalping are strictly prohibited without prior written consent; trades under two minutes are classified as HFT and can be cancelled with their performance fees voided
Hedging Allowed: Not allowed
Inactivity Rule: A minimum of 10 trades each month is required to stay active, and a minimum 5% simulated gain within 1 year
Daily Loss Reset: Resets every day at Midnight NY time, calculated on simulated equity including unrealized losses
Scalping Allowed: Not allowed
Max Position Size: 20% of the sub account balance for overnight US stock positions
News Trading Note: Listed as a supported condition on the homepage, but placing Buy Stop or Sell Stop orders before financial data releases is prohibited as an abusive technique
Min Trade Duration: less than two (2) minutes is classified as HFT
Allowed Instruments: 2,500+ US stocks and ETFs, forex, crypto, indices, commodities and futures, all as CFDs on simulated accounts
Challenge Time Limit: Unlimited, no deadline to reach the target
Copy trading allowed: Not allowed
Drawdown Type Funded: Static
News Trading Allowed: Allowed
Drawdown Model Funded: static
Prohibited Strategies: Lag trading, server latency exploitation, price manipulation, arbitrage, sniping, cross-account hedging, copy and mirror trading, coordinated multi-account strategies, and technology that interferes with platform networking
Drawdown Type Challenge: Static
Weekend Holding Allowed: Allowed
Drawdown Model Challenge: static
Overnight Holding Allowed: Allowed

What stands out

Published advantages and trade-offs to review before choosing a program.

Key benefits

One-step evaluation with a 10% target, 4 minimum trading days and no time limit. Static drawdown that never trails. Evaluation fee 100% refunded with the first Performance Payment. Instant Access tiers skip the evaluation entirely. 2,500+ US stocks and ETFs alongside forex, crypto, indices and commodities. Every package bundles education: self-study courses, Foundations, a live trading room and personal coaching on the higher tiers.

Things to consider

The fee buys an education bundle plus a simulated account, not a plain evaluation, and Instant Access tiers run $445 to $7,975. TrustPilot has removed the rating for a breach of its guidelines. Scalping and HFT are banned outright (any trade under two minutes counts as HFT), as are copy trading and hedging. Payouts are monthly only, capped at $15,000 a month, with no on-demand withdrawal. The trading terminal is a white-label the firm buys in and is named nowhere on the TEFS website; TEFS identifies it as TraderEvolution only in a public Trustpilot reply.

Bring the decision into focus

Know the rules. Track the result.

Use a free BitStat account to build your Automated Journal from the trades you take and review the decisions behind them.

Start free See pricing

Already have an account? Log in

Your account data stays read-only.