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TusarFX Review and Tutorial 2021

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Facts & Figures

TusarFX is a MT4 multi-asset broker offering bonuses & high leverage rates.

Awards

N/A

Bonus 50% deposit bonus
Instruments Forex, commodities
Demo Account Yes
Min. Deposit $1
Pay Methods MoneyGram, Visa
Min. Trade 0.01 lots
Regulated By Unregulated
MetaTrader 4 Yes
MetaTrader 5 No
cTrader No
ECN Account No
DMA Account No
Mobile Apps Yes
Auto Trading Yes
Social Trading No
Copy Trading No
Trade Signals No
Islamic Account Yes
Forex

Trade on majors, minors and exotics.

GBPUSD Spread 2.2
EURUSD Spread 1.1
EURGBP Spread 3.1
Assets 30+
Risk Warning – Your capital is at risk

TusarFX offers trading in forex and valuable metals through the MT4 platform with high leverage. This audit covers the customer entryway, contact details, stores, and withdrawals. Find out in the event that you ought to log in and begin trading with TusarFX.

TusarFX Company Details

TusarFX Ltd is important for FXCL Markets Ltd, a financial services provider, enlisted in Saint Kitts and Nevis. The worldwide broker offers forex and gold and silver markets to traders of all levels, offering the most mainstream trading platform just as four distinct records.

MetaTrader 4 Trading Platform

TusarFX offers the MetaTrader 4 (MT4) platform for every one of its clients. As the most well-known trading platform, MT4 offers a scope of customizable highlights, including:

  • 50 built-in indicators for technical analysis
  • 3 chart types, 9-time frames
  • Automated trading (EAs)
  • 4 types of pending order
  • One-click trading

MT4 can be downloaded directly from the broker’s site. Download guidelines can be found at the customer entrance.

Assets

TusarFX offers to exchange forex and commodities. Access more than 30 major, minor, and exotic currency pairs, including EUR/USD, EUR/GBP, and GBP/JPY. Valuable metals, gold and silver, can likewise be exchanged against USD.

The item list is genuinely restricted, contrasted with different suppliers. The broker could work on its contribution by adding shares, indices, and cryptocurrencies to its rundown of tradable assets.

Spreads and Fees

Spreads on major currency pairs, for example, EUR/USD, start from 1.1 pips with the Premium account. Different pairs, for example, GBP/USD and EUR/GBP, start from 2.2 and 3.1 individually. Spreads on gold are around 40 and are roughly 3.5 on silver. These aren’t the least spreads, yet the broker doesn’t accuse commissions of lower account levels. On the Premium account, a commission is charged at 0.6 pips per standard part for swap accounts and 1.6 pips per standard parcel for swap-free accounts.

Leverage

The greatest leverage offered is 1:500. These are high rates and permit merchants to take enormous situations with a modest quantity of capital. The broker offers a helpful edge mini-computer on its site.

Mobile Apps

TusarFX offers mobile exchanging on the MetaTrader 4 application, viable with iOS and Android gadgets. The application permits clients to get to the business sectors anyplace with cutting-edge mobile highlights, including real-time valuing, market news, and graphing instruments. It’s additionally easy to use and takes into consideration complete account management, including putting aside installments and withdrawals. Client care is likewise accessible in the application.

Payment Methods

Deposits

TusarFX acknowledges USD wire transfers and payments through Perfect Money. Deposits through Perfect Money are instant by means of pre-loaded cards and terminals in Russia and Ukraine. Payments through trades from Mastercards and various e-wallets are additionally acknowledged.

TusarFX doesn’t charge deposit expenses, yet traders should check for any middle person expenses with their payment systems.

Withdrawals

Withdrawals can likewise be made through USD wire transfers, or Perfect Money, which acknowledges direct payments by means of bank wire and different exchangers.

Again there are no withdrawal expenses from TusarFX, yet there might be charges demanded by the picked payment systems.

Demo Account

Traders can open an MT4 demo account by filling in the online registration structure on the site. The demo account gives almost indistinguishable economic situations where traders can rehearse with no danger to reserves. The test system account is likewise a decent method to test the MT4 platform and additional features.

Deals and Bonuses

Traders can get a half and 20% deposit reward to bolster trading credit. Likewise, the intermediary offers a 70% misfortune refund and an unexpected birthday reward. This is a decent scope of advancements and can help customers benefit as much as possible from the trading platform and administration accessible.

Regulation

TusarFX Ltd and FXCL Markets Ltd are both seaward organizations. TusarFX is enlisted in Saint Kitts and Nevis, while FXCL is registered in St Vincent and the Grenadines. Neither gives the strictest oversight, so customers aren’t managed the cost of a similar level as security from tricks as FCA or CySEC-regulated suppliers, for instance.

Additional Features

TusarFX offers some commonsense trading instruments, including an economic calendar and a margin calculator. Traders can get to monetary news just as a training place for amateurs. Amateur traders can figure out how to understand cites, research types of patterns, and the fundamental ideas of the forex market.

Account Types

There are four primary account types to browse, all in USD/EUR/RUR and requiring a minimum deposit of $1 with a minimum position size of 0.01. Leverage up to 1:500 is accessible across all accounts.

  • Light (fixed) – no commission
  • Standard (fixed) – no commission
  • Advanced (dynamic) – no commission
  • Premium (dynamic) – 0.6 pip or 1.6 pip per standard part

Benefits

Benefits of picking this brand include:

  • Deposit bonuses and promos
  • MetaTrader 4 platform
  • Low minimum deposit
  • High leverage

Drawbacks

Drawbacks of trading with TusarFX include:

  • Unregulated
  • Only forex and metals offered

Trading Hours

Market hours on the worker-run from Sunday at 22:00 to Friday at 21:00 GMT+3 in summer and GMT+2 in winter.

Valuable metals are accessible from 01:01 to 23:00 worker time (Monday to Friday). Trading exotic pairs are accessible from 01:00 to 23:59 worker time (Monday to Thursday) and from 01:00 to 23:00 worker time (Fridays).

Customer Support

TusarFX’s customer support can be reached by means of a few strategies:

  • Email – support@tusarfx.com
  • Skype – Password.TusarFX
  • Online request form – reach us page
  • Live chat – situated in the bottom right-hand corner of the site

Hang tight occasions for live chat and phone aren’t too long, and customer administration specialists are useful. Customer surveys of the broker’s support are likewise generally sure.

The site is accessible in English, Russian, Indonesian, Chinese, Malaysian, and Thai.

Trader Security

TusarFX protects customer information utilizing 256-bit Secure Sockets Layer (SSL) encryption across the site, just as utilizing Genuine Site personality affirmation. MT4 additionally gives double factor confirmation and adheres to standard security protocols.

TusarFX Verdict

TusarFX offers forex trading on the mainstream MT4 platform with cutthroat leverage and low least stores. The capacity to get to the platform on the application is likewise a reward. The lone genuine downsides are the restricted item rundown and lack of strong regulatory oversight. Therefore, there are different providers we’d suggest first.

Accepted Countries

TusarFX acknowledges traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most different countries.

Traders cannot utilize TusarFX from the US, Canada, Japan.

Alternatives to TusarFX

In the event that you are searching for alternatives to TusarFX, we have incorporated a rundown of the top 5 brokers that are like TusarFX beneath. This rundown of brokers like TusarFX is arranged by comparability and just incorporates organizations that acknowledge traders from your area.

AGEA – AGEA is a regulated forex and CFD broker contributing multiple trading platforms and account types.

Hantec Markets – Hantec Markets is a multi-regulated online FX broker contributing MT4, and a custom-fitted help gives immense adaptability to suit any trader.

FXOpen – FXOpen is an exceptionally regulated FX and CFD broker contributing to multiple trading platforms.

HYCM – Exchange on the monetary markets with minimal expense, leveraged items at HYCM.

FXCC – FXCC is an exceptionally regulated and reliable MT4 trading broker.

FAQ

What is the most extreme leverage offered at TusarFX?

The most extreme leverage offered is 1:500. These high rates can assist with expanding returns. However, they can likewise amplify misfortunes.

How might I make a TusarFX withdrawal?

Withdrawals can be made by means of wire move and utilizing direct or trade installments through Perfect Money. Head to the customer entrance to make a withdrawal request.

Does TusarFX charge commission?

TusarFX doesn’t charge a commission for the Light, Standard, and Progressed accounts. For the Top notch account, a commission is charged at 0.6 pips per standard parcel for Swap accounts and 1.6 pips per standard part for sans swap accounts.

How would I enroll for the TusarFX customer gateway?

You can enlist and log in to the Trader’s Cabinet through the Live Account button on the site.

Is TusarFX a trick?

Traders ought to know that TusarFX is an unregulated offshore organization. There is additionally an absence of organizational information on the site to demonstrate its authenticity.

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