TUSARFX deposit amount required in order to open a broker account is $ 1 / R 16,52.TusarFX requirement of the deposit is low. It should be noted that there is a margin requirement that must be met at the start of each trade.
TusarFX at a Glance
| 🔎 Broker's Name | TUSARFX |
| 📍 Headquartered | St Vincent and the Grenadines |
| 📅 Year Founded | 2014 |
| ⚖️ Regulating Authorities | None |
| 🌐 Countries not accepted for trade | United States, Canada, and Japan |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1: 500 |
| 💰 Minimum Deposit | $ 1 / R 16,52 |
| 💳 Deposit Options | Bank Wire Transfer and Perfect Money |
| 💳 Withdrawal Options | Bank Wire Transfer and Perfect Money |
| 💻 Platform Types | MetaTrader4 |
| 📱 OS Compatibility | Windows, Android, iOS, Web browsers |
| 📈 Tradable assets offered | Forex and metals |
| 👨💼 Languages supported on Website | English, Russian, Indonesian, Chinese, Malay, and Thai |
| 👥 Customer Support Languages | English, Russian, Indonesian, Chinese, Malay, and Thai |
| 📆 Customer Service Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Overall Rating
4.5/5
Rated #599 of
Recommended FX Brokers
Minimum Deposit USD 1
Regulators Not Regulated
Meta Trader 4
Yes
📈 Total Pairs
30
Islamic Account No
Trading Fees Low
24 Hours
TusarFX Minimum deposit – 9 key points quick overview:
TusarFX at a Glance- TusarFX Minimum deposit – 9 key points quick overview:
- TusarFX Minimum Deposit
- TusarFX Deposit fees and deposit methods
- TusarFX Step-by-step guide to depositing the minimum amount
- TusarFX Customer Reviews
- TusarFX Pros and Cons
- Conclusion
- Frequently Asked Questions
TusarFX Minimum Deposit
TusarFX has a minimum deposit requirement on all accounts of only $ 1.
This minimum deposit amount is equivalent to ZAR 16,52 at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
Although the requirement is low for deposits, it should be noted that there is a margin requirement that must be met at the start of each trade, and traders should ensure that there are adequate funds in the trading accounts for the trade to be executed.
TusarFX is owned and operated by TXCL Ltd., which is a brokerage incorporated in St. Kitts and Nevis, a Caribbean offshore territory.
Being an offshore company, TusarFX has no regulatory authorities keeping a watchful eye on the broker. This could pose a problem and traders are warned to proceed with caution if intending to trade through TusarFX.
Regulated brokers are required to keep all client funds in segregated accounts with top-tier banks, separated from the broker account. It is not sure if TusarFX abides by this rule.
TusarFX Deposit fees and deposit methods
When compared with other brokers, the minimum deposit amount that TusarFX requires when registering a live account is extremely low.
TusarFX offers traders only a choice between two payment methods, namely:
Bank Wire Transfer
Perfect Money
It does not offer an option to use debit or credit cards.
The only deposit currencies accepted include USD, EUR, and RUR.
Traders should also ensure when making deposits, that the name on the account from where they are depositing is the same as the name in which their trading account was registered, as TusarFX does not accept payments from third parties.
In addition, traders must note that there may be reverse compensation charged on the promotional fee payment coverage offered by the broker.
Traders must also verify whether their financial institution waives its own fees as there may be additional fees payable. These often depend on the payment method used as well as the amount which is deposited into the trading account.
TusarFX Step-by-step guide to depositing the minimum amount
Deposits can be made with TusarFX using the following steps:
Step 1 – Log in
Traders simply log into their personal area, select the option for deposits, and follow the instructions to deposit into their trading account
As soon as a trader’s account has been approved by TusarFX, traders have access to their live trading account through the ‘Trader’s Cabinet’
Step 2 –Make the deposit
Here traders will find the various sections needed for deposits and withdrawals, method of payments, amounts, and the currency. Just follow the prompts or instructions before finalizing and confirming a deposit or withdrawal.
Funds must be transferred in the same currency as the bank account to which they are sending them. Should this not be done, traders will be subjected to currency conversion fees.
Overall Rating
4.5/5
Rated #599 of
Recommended FX Brokers
Minimum Deposit USD 1
Regulators Not Regulated
Meta Trader 4
Yes
📈 Total Pairs
30
Islamic Account No
Trading Fees Low
24 Hours
TusarFX Customer Reviews
The broker has everything! From mobile platforms to automated trading. From binary to forex trading on standard or ECN accounts. I was very impressed after receiving a 50% bonus on my deposit. I would say more, their payout on options is up to 90% which is the highest payout you can find among other brokers. It’s introducing a broker, but I think TusarFX offers innovative solutions and really responsible back office. For funny things, I got a birthday present from TusarFX, which was very nice;)
TusarFX is a very good forex broker and as a sister company then for me, there is fix rate for USD so I can trade without problem in currency floating in my country
Cool company! Easy (and quick) transfer of money to and fro, an enormous number of financial instruments: not only forex but Gold, Silver, and Binary options. And the trading platform is impressive – a lot of technical indicators, and a user-friendly interface. Haven’t seen anything better.
TusarFX Pros and Cons
| ✔️ Pros | ❌ Cons |
| Low minimum deposit requirement | Account base currencies are limited |
| No deposit fees charged | Currency conversion fees may apply |
| No withdrawal fees charged | Limited payment methods offered |
| Not regulated |
Conclusion
Overall,TUSARFX deposit amount required in order to open a broker account is $ 1 / R 16,52.TusarFX requirement of the deposit is low. It should be noted that there is a margin requirement that must be met at the start of each trade.
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Frequently Asked Questions
Are my deposits safe with TusarFX?
Yes.Despite the volatility of the market and the high financial risks of Forex trading we guarantee our clients the reliability of their deposits
How do I make a deposit and withdrawal with TusarFX?
Deposits and withdrawals can only be made through Bank Wire Transfer or Perfect Money.
Does TusarFX charge withdrawal fees?
No. TusarFX does not charge withdrawal fees.
How long does it take to make a withdrawal?
Withdrawals can either be instant or take up to several days, depending on the payment method the trader uses.
Will I receive a bonus if I refer a friend or family to TusarFX?
TusarFX does not currently offer referral bonuses to new or existing traders who make use of the products and services offered by the broker.
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