TegasFX Review

TegasFX

TegasFX is a well-established broker since 2016. TegasFX has headquarters in Singapore and Vanuatu. They are generally well-suited for TegasFX to provide their Forex/CFD trading services to global clients.

This broker has also been regulated by Ministry of Finance and Economic Management (Vanuatu) 14697.


Company Information

Website
www.tegasfx.com

Established
2016

Country
Singapore and Vanuatu

Regulation
Ministry of Finance and Economic Management (Vanuatu), 14697

Features

Trading contests

Free education

Personal manager

Trading by telephone

PAMM accounts

MAM accounts

Segregated accounts

Managed accounts

Affiliate program

Account Information

Apart from the forex demo account , this broker offers FIX API 4.4 and ECN/STP. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by TegasFX is up to 1:200. Meanwhile, you can open an account with a starting capital of $200

If you want to look for a more simple explanation regarding this broker's account type(s), take a loot at the following chart:


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Minimum Deposit

$200

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Maximum Leverage

1:200

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Spread

Fixed

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Commission

$4


Minimum Deposit $5000

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Trading via API

Instruments Traded

Besides lots of currency pair, TegasFX also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD and Oil for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for FIX API 4.4 account, TegasFX specifically provides it with the following instruments and leverage:


Forex

Forex
1:100

Gold & silver

Gold & silver
1:100


Minimum Deposit $200

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Instruments Traded

Besides lots of currency pair, TegasFX also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD and Oil for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for ECN/STP account, TegasFX specifically provides it with the following instruments and leverage:


Forex

Forex
1:200

Gold & silver

Gold & silver
1:200

Payment Methods

Bitcoin : As a payment method, Bitcoin is reliable for its low cost and quick process. Brokers have been integrating Bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

TegasFX also provides payment with AdvCash, Credit/debit cards, Ethereum, Litecoin, Local bank transfer and Ripple




Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, TegasFX offers you MetaTrader 4, MetaTrader 5 and FIX API.

Customer Support

Do you have any question or find any trouble related to TegasFX? If you do, you should reach TegasFX's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

English
German

Office
Support

Email
Support

Call
Support

Chat
Support




FAQ About TegasFX


Is TegasFX a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if TegasFX is a good broker for you or not by reviewing the criteria. In general, TegasFX provides trading service in Forex , Gold & silver , CFD and Oil . As for the payment methods, you can choose between AdvCash, Bitcoin, Credit/debit cards, Ethereum, Litecoin, Local bank transfer, Neteller, Ripple and Wire transfer. The customer support is available via Callback, Email, Live chat, Phone and Web form.


What is the minimum deposit for TegasFX?

The starting capital in TegasFX is $200.


Is TegasFX regulated?

TegasFX is regulated by Ministry of Finance and Economic Management (Vanuatu) 14697. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Is TegasFX legit?

TegasFX is a brokerage company offering trading services for clients since 2016 with offices in Singapore and Vanuatu.


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