Operating from Russia, TusarFX is an online trading broker that caters to the trading needs of all levels of traders. The broker provides traders with the MT4 trading platform, which is available in desktop, web, and mobile versions. They offer various trading instruments across different asset classes, including spot FX, Forex Options, and CFDs on global shares, indices, currencies, and commodities. In addition, they provide traders with educational resources, useful trading tools, and a knowledgeable client support team. The broker operates the STP execution model, which offers access to the interbank markets. The minimum deposit required to start trading is $1.
TusarFX Review Introduction
In this TusarFX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including TusarFX.
TusarFX Platforms & Tools
TusarFX’s traders are allowed to buy and sell the available financial markets using the MT4 trading platform. It is an advanced trading platform that was launched in 2005 and has since grown to become the choicest trading platform among forex and CFD traders. The MT4 trading platform is replete with various helpful trading tools and advanced trading capabilities, such as technical analysis tools, drawing tools, expert advisors, and more. The broker makes the MT4 trading platform available as a desktop application for Windows and Mac computers, WebTrader that runs directly on modern web browsers without needing to download or install any additional software, and a mobile app that is designed for smartphone devices running on Android and iOS.
To ensure traders get an enhanced trading experience, the broker makes available a good range of useful trading tools, including the Margin Calculators, Live Price Quotes, Free Forex Forecast, and the Economic Calendar.
TusarFX Research & Education
There are various learning resources — trading articles, trading guides, news, and an FAQ section — to help traders make informed trading decisions.
TusarFX Trading Accounts
TusarFX offers the following live trading account options: Premium, Standard, Light, and Advanced Accounts. All accounts require a minimum deposit of $1 and offer access to trade multiple instruments on the MT4. In addition, there is a demo account option to help traders to test out their trading strategies risk-free before implementing them on the live accounts.
TusarFX Account Funding
The broker accepts bank wire transfers and some online payment gateways, such as QIWI and PerfectMoney, for account deposit and withdrawal.
TusarFX Customer Service
All clients’ trading inquiries are sent to a knowledgeable client support team. The support team is available 24/7 and can be reached via the following contact channels: email, online form, and Skype.
There is no regulatory information on the broker’s website at the moment. The lack of regulation could discourage prospective clients from opening an account with the broker.
TusarFX Review Summary
Putting it all together, TusarFX is a multi-asset brokerage firm that offers straightforward access to the global financial markets. They provide traders with several competitive trading conditions to help them get the most out of their trades. Trades are carried out using the MT4 popular trading platform, which is available in desktop, web, and mobile versions. 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.
It is worth mentioning that some of the trading products and services in this TusarFX review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the TusarFX broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.