TusarFX Journal

Journal status: live
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TusarFX Profile
Year
2012
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Canada, Congo, Eritrea, Guinea-Bissau, Iran, Iraq, Ivory Coast, Japan, Japan, Japan, Lebanon, Liberia, Libya, North Korea, Russia, Somalia, Sudan, US
Broker type
MM
Dealing book
B-book
Tier
3
Execution speed
...
LPs total
0
LPs quality
none
LPs names
none

TusarFX Accounts
MM
Minimum Deposit
1 $
Leverage
500 : 1
Minimum Lot
0.01 lots
EURUSD spread
2 pips
Commission
0 $/lotRT
Volume
2 lots
Margin Call
40 %
Stop Out
20 %
Execution
Instant
Spread
fixed
Scalping
no
Deposit & Fees
Deposit methods
Bank Wire, Perfect Money, DengiOnline
Base currency
USD, EUR, RUR
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
Update broker

Is TusarFX safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: yes
  • Negative Balance Protection: no

Is TusarFX trusted?

  • Information transparency: high ★★★★★
  • Customer service: virtually non-existent
  • TusarFX website: highly detailed, updated ★★★★★
  • TusarFX popularity (by visitor count): least visited

How TusarFX works



Grid/Martingale-type EAs are not allowed, as well manual use of mentioned strategies*. Most other EA types are allowed**.
*Allowed for Premium account type.
**Expert Advisors should comply with the Account trading terms. TusarFX refers the right to disable any EAs, violating Company's risk policy, at its sole discretion, without any prior notice.


The Company acts solely in the capacity of an arm’s length contractual counterparty to the Client with respect to OTC FOREX/CFD/METALS/OIL/INDEX transactions.

The Company is entitled to hold the Client’s funds in segregated accounts denominated in a foreign currency if
1. the Client is domiciled in a foreign country; or
2. any funds are held in connection with positions quoted and settled in a foreign currency.

Scalping is allowed under one or all the following conditions:
− Higher spread may apply.
− Lower leverage may apply.
− A commission may apply.



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