TusarFX is an online financial services provider that offers access to buy and sell various trading assets, such as forex, gold, silver, and more. They provide traders with the MT4 trading platform and some useful trading and learning tools for effective trading, while a multilingual client support team is on hand to assist at any point of need. The minimum deposit required to start trading is $1.
TusarFX Review, Pros & Cons
- MT4 trading platform
- Educational resources
- Trading tools
- Minimum $1 deposit
- Unregulated brokerage firm
- Limited trading instruments
- Lack of account funding options
- No USA traders
In this detailed TusarFX review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Launched in 2014, TusarFX is a retail broker who state that they seek to understand your desires, problems, fears, and hopes, whilst offering you access to trade the global market. The broker allows you to trade a wide range of instruments using an advanced trading platform. They offer competitive trading conditions, including multiple payment methods, tights spreads, zero commissions, leverage of up to 1:500, and various account options.
There is no regulatory information on the broker’s website at the moment. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
TusarFX does not open trading accounts for clients from UN-sanctioned countries. Also, Canadian, Japanese, and US citizens and residents of Canada and the US cannot open trading accounts with TusarFX.
Some TusarFX features and products mentioned within this TusarFX review may not be available to traders from certain countries because of legal restrictions.
The broker allows traders to trade using MT4, the popular trading platform that was launched by MetaQuotes in 2005. The platform has all that a trader needs to effectively trade the global financial markets: it is packed with analytical tools, multiple chart timeframes, trade automation using expert advisors, one-click trading functions, and more. The MT4 trading platform is available as a desktop application for Windows and Mac computers, WebTrader, and a mobile app that is designed for mobile devices running on Android and iOS.
TusarFX Trading Tools
Traders are provided with some standalone trading tools to complement those that were built into the MT4 trading platform. These tools include the Margin Calculators, Live Price Quotes, Free Forex Forecast, and the Economic Calendar.
The broker’s website contains some learning resources, such as trading articles, trading guides, news, and an FAQ section that answers some of the clients’ most common questions.
The broker offers the following trading instruments: forex, gold, silver, and more.
TusarFX Accounts & Fees
Traders are allowed to choose the account type that best meets their trading objectives from a choice of four live trading account types: Premium, Standard, Light, and Advanced Accounts. All accounts require a minimum deposit of $1 and offer access to trade multiple instruments on the MT4. A demo account is also available for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this TusarFX review. It is imperative to ensure that you check and understand all of the latest information before you open a TusarFX broker account for online trading.
TusarFX offers a professional and multilingual client support team who are available 24/7 and can be reached via the following contact channels: email, online form, and Skype.
TusarFX Deposit & Withdrawal
Traders can deposit and withdraw funds via bank wire transfers and some online payment gateways, such as QIWI and PerfectMoney.
TusarFX Account Opening
To open a trading account, you should use the “Open Live Account” option in your Trader’s Cabinet and fill in the required registration form.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.
Overall, TusarFX is a multi-asset brokerage firm that offers straightforward access to the global financial markets using the MT4 trading platform. They provide traders with some useful trading tools and educational resources, whilst a knowledgeable client support team is always available to assist. The minimum deposit required to start trading is $1, and leverage of up to 1:500 is available. However, the broker is not regulated by any known financial authority at the moment.
Trading Forex, options, etc with certain leverage carries a high level of risk because high leverage can work against you. Before entering the trade, please think twice and estimate the level of risk, your trading experience, your needs, and real potential. Please be aware that you shouldn’t invest money that you can’t afford to lose.