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CHOOSE A BROKER FROM THE TOP-20

TusarFX | Real Client Reviews 2025

Oleg Tkachenko
Written by: Oleg Tkachenko Oleg T.
Contributor
Mirjan Hipolito
Fact-checked by: Mirjan Hipolito Mirjan H.
Cryptocurrency and stock expert
Updated:
Table of Contents

Brief Look at TusarFX

TusarFX is a Forex broker registered in the United Kingdom on March 26, 2021. The company is not regulated by any reputable financial authority, including the FCA (The Financial Conduct Authority, United Kingdom), CySEC (The Cyprus Securities and Exchange Commission), or ASIC (The Australian Securities and Investments Commission). This has raised serious security concerns among traders. Furthermore, the broker's website lacks SSL encryption and is accessible only via HTTP, further compromising security.
TusarFX has been known to change its website names and company names frequently, potentially to evade liability.
The broker claims on its website that services are provided by TUSARFX Ltd. under the laws of Saint Kitts and Nevis. However, there is no evidence of this company's existence, and verifying offshore entities is often impossible.
Client reviews suggest potential market quote manipulation by TusarFX on its platform, resulting in client losses and difficulties in withdrawing funds.
Former clients report that withdrawal requests often go unanswered. TusarFX directs clients to resolve disputes in Saint Kitts and Nevis courts, making problem resolution virtually impossible.

User Satisfaction i

Score:
4.3/10

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JemaEFXX
2 years ago

Fraudsters. When I started earning normally, they froze my money and blocked the withdrawal.

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pennyfr3 to JemaEFXX
2 years ago

They treat everyone like that, and they live from it. Really regret contacting this fraudulent company. I want to warn others.

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Josephsaxy
3 years ago

They lay beautifully, but only when you want to withdraw funds - they will help you quickly merge everything. Do not recommend, they are scammers!

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zelmazu60
3 years ago

I opened an account with TusarFX for the sake of sports interest and due to the lack of requirements for the size of the deposit. The Light account allows you to work with minimal lots, so there was no need for large investments. As I understand from the reviews, the company is not very popular among experienced traders. I did not understand why, especially when I saw the almost flawless operation of the terminal. I did not manage to close the first deal before the release of fundamental news and was surprised the second time: the spread increased quite a bit. But the absence of any regulators crosses out all the advantages, for me the main thing is safety guarantees. Maybe the broker is good, but, apparently, I will not go further than a cent account with him.

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leela
4 years ago

I chose a Premium account at TusarFX for trading. This type of account has a floating spread and market order execution. But it turned out to be a very large commission for the transaction. In both directions, the commission is about 5 points. In addition, there is also a swap. Disappointed with TusarFX!

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platinuminv
4 years ago

Withdrawing profits from TusarFX is very slow. First, you send an application for withdrawal, they consider it for a week. Then they send you a letter with the requirement to verify your bank card. You go to the bank and collect documents. And already when your hare is approved, you wait for the withdrawal for another two weeks.

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mii_zzu
4 years ago

I would not recommend cooperation with the broker TusarFX. The very first is a long registration. My documents were checked for almost two weeks. When you start trading at TusarFX, you can see the difference between trading on a demo account and a real one. On a demo account everything is OK. Everything works badly on a real account. I do not recommend the broker TusarFX.

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nazmul53
4 years ago

Broker TusarFX does not have a regulatory license. I have not found any information about where the company is registered. Therefore, I consider TusarFX a company that does not inspire confidence.

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Team that worked on the article

Oleg Tkachenko
Oleg Tkachenko Author and expert at Traders Union
  • Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018. His primary specialties are analysis and prediction of price tendencies in the Forex, stock, commodity, and cryptocurrency markets, as well as the development of trading strategies and individual risk management systems. He also analyzes nonstandard investing markets and studies trading psychology.

Learn about our editorial policies.

Dr. BJ Johnson
Dr. BJ Johnson Developmental English Editor
  • Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito
Mirjan Hipolito Cryptocurrency and stock expert
  • Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).