TusarFX is owned by FXCL Markets Ltd, a financial services company based in Saint Kitts & Nevis. The global broker provides access to the forex, gold, and silver markets, as well as the most popular trading platform and four distinct accounts, to traders of all levels.
The firm offers the MetaTrader 4 platform for all its users. As the most popular trading platform, MT4 offers a range of customizable features, including:
MT4 can be downloaded directly from the broker’s website. Download instructions can be found on the customer portal.
Currency and commodity trading are available through the broker. EUR/USD, EUR/GBP, and GBP/JPY are just a few of the main, minor, and exotic currency pairs available. Gold, silver, and precious metals can also be exchanged for US dollars.
In comparison to other merchants, the product selection is relatively limited. Stocks, indices, and cryptocurrencies can all be added to a broker’s inventory of traded assets to strengthen their offering.
On a Premium account, spreads on key currency pairings as EUR/USD starts at 1.1 pips. GBP/USD and EUR/GBP, for example, start at 2.2 and 3.1, respectively. Gold spreads are around 40, while silver spreads are around 3.5. The broker does not charge commission on lower account levels, thus these are not the lowest spreads. For swap accounts, the Premium account charges 0.6 pips per standard lot and 1.6 pips per standard lot for non-swap accounts.
The maximum leverage offered is 1:500. These are high rates that allow traders to open large positions with little capital. The broker offers a useful margin calculator on their website.
Mobile trading is available through the MetaTrader 4 app, which is available for iOS and Android devices. With powerful mobile features including real-time pricing, market news, and charting tools, customers may access the markets from anywhere. It’s extremely simple to use and lets you control your whole account, including deposits and withdrawals. Customer service is also accessible through the app.
The broker accepts USD bank transfers and Perfect Money payments. Perfect Money deposits can be done instantaneously in Russia and Ukraine using prepaid cards and terminals. Payments from credit cards and a variety of electronic wallets are also accepted.
There is no deposit cost, however, traders should verify their payment methods for middleman fees.
Withdrawals can also be made through US dollar bank transfers or Perfect Money, which accepts direct bank transfers and numerous exchangers.
Again, there are no withdrawal fees, however certain payment processors may levy fees.
Traders can establish a demo MT4 account by filling out the website’s online registration form. The demo account simulates market circumstances so that traders may experiment without jeopardizing their own money. A simulator account is also useful for testing the MT4 platform and other features.
Traders can get a 50% deposit bonus and 20% to increase their trading credit. In addition, the broker offers a 70% discount and a birthday surprise bonus. This is a good set of promotions that can help clients make the most of the trading platform and services available.
TusarFX provides a variety of useful trading tools, such as an economic calendar and a margin calculator. Traders may also access financial news and a beginner’s instruction center. Beginners may learn how to interpret quotations and investigate the many sorts of trends and fundamental principles in the currency market.
There are four main account types to choose from, all in USD/EUR/RUB and requiring a minimum deposit of USD 1 with a minimum position size of 0.01. Leverage up to 1:500 is available on all accounts.
The server’s trading hours are 22:00 Sunday to 21:00 Friday. Summertime is GMT +3 and wintertime is GMT +2. From 01:01 until 23:00 server time, precious metals are accessible (Monday to Friday). Exotic pairs trading is accessible Monday through Thursday from 01:00 to 23:59 server time, and Friday through Sunday from 01:00 to 23:00 server time (Fridays).
There are several ways to contact support service:
The wait times for live chat and phone assistance are not excessive, and support workers are always willing to assist. Customer feedback on the broker’s help is overwhelmingly good.
The website is available in English, Russian, Indonesian, Chinese, Malaysian, and Thai.
TusarFX protects client data on the website with 256-bit Secure Sockets Layer (SSL) encryption and True-Site authentication. MT4 also employs conventional security standards and supports two-factor authentication.