Your capital is at risk.
Tasman FX Review 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- ASIC (the Australian Securities and Investments Commission)
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- ASIC (the Australian Securities and Investments Commission)
Our Evaluation of Tasman FX
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Tasman FX is a high-risk broker with the TU Overall Score of 1.92 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Tasman FX clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. Tasman FX ranks 405 among 413 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
Brief Look at Tasman FX
Tasman FX offers global money transfer services in over 150 currencies and conversions at profitable prices. Also, this broker provides for trading in the Forex market, using an FX Spot transaction. This is a financial agreement where two parties execute a trade to buy/sell a certain currency at a current market price. This agreement is to be executed within two business days. Important! TU works with accounts opened only through the Traders Union website.
Tasman FX Summary
Your capital is at risk. Your capital is at risk. 79.43% of retail investor accounts lose money when trading CFDs with this provider. Tasman FX and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.
| 💻 Trading platform: | No |
|---|---|
| 📊 Accounts: | No |
| 💰 Account currency: | 150 |
| 💵 Replenishment / Withdrawal: | No |
| 🚀 Minimum deposit: | No |
| ⚖️ Leverage: | No |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | No |
| 💱 Spread: | No |
| 🔧 Instruments: | Forex |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | No |
| ➕ Affiliate program: | No |
| 📋 Orders execution: | No |
| ⭐ Trading features: | Currency spot transactions are available |
| 🎁 Contests and bonuses: | No |
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Comparison of Tasman FX with other Brokers
| Tasman FX | RoboForex | Pocket Option | Exness | XM Group | AMarkets | |
| Trading platform |
No | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Pocket Option, MT5, MT4 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MT5, MobileTrading, XM App | MT4, MT5, AMarkets App |
| Min deposit | No | $10 | $5 | $10 | $5 | $100 |
| Leverage | No |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
From 1:1 to 1:2000 |
From 1:1 to 1:30 |
From 1:1 to 1:3000 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0 points | From 0 points | From 1.2 point | From 1 point | From 0.6 points | From 0 points |
| Level of margin call / stop out |
No | 60% / 40% | 30% / 50% | No / 60% | 100% / 50% | 50% / 20% |
| Execution of orders | No | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | Yes | No | No | Yes | No |
User Satisfaction