TusarFX Review: Tusarfx.com Astray Forex Scam

TusarFX (Tusarfx.com) is another Forex scam platform causing havoc in the trading world. Tusar FX is purporting to be an international Forex broker who aids in successful trading experiences. Is TusarFX telling the truth? After receiving numerous email complaints, we decided to investigate this broker. What we found out with this broker is shocking to say the least. Read this detailed and honest TUSARFX Review and find out the truth.

Why using Trading robots is the best move

There are reliable crypto robots that have been tested and seen to produce desired results. Go for these robots as they do offer much in terms of success.

• Accuracy of trades

Unlike humans who don’t always have the best accuracy, these robots try to furnish traders with the best accuracy.

High profit returns is what these robots are after and tests indicate most of these recommended forex robots hit over 80 percent successful ROI.

• Great customer support

You obviously want a platform that’s available to help you when needed. Most of our recommended trading robots offer reliable 24/7 support.

Conventional crypto methods of trading such as brokers may not be there to help you with any issues faced.

Want to dive deeper into this topic?

Connect with Val or one of his team of experts for personalized insights, one-on-one guidance, and tailored advice to help you navigate the complexities discussed in this article.

Book a Call Now

• Great for newbies

For those who want to start crypto trading, you don’t need any experience in the field. The platform is one of the best when it comes to ease of use.

These robots offer traders a memorable user-interface.

• Minimize trading costs

Bots help identify optimal market entry and exit points. It takes into consideration account liquidity levels not forgetting market volatility. These bots ensure brokerage fees are minimal and bring in maximum profitability.

• Identify trading opportunities

Conducting market analysis is time consuming for most part especially when humans take all the role in it. You need a more defined aspect of trading before you get the idea of how it works. Robots work like a well-oiled machine that helps create better opportunities.

• Copy trading

Here’s another revolutionary way to invest in the markets. You automatically copy trades made by successful traders on the platform. You don’t have to be a qualified programmer or have a strategy to come up with some of the trades. A simple click does the work for you.

Having credible and dependable Forex trading tools is key to maintaining stable profits. Go for Forex trading robots which are authentic and tested to produce desired results. Make sure to go for brokers with certain criteria such as ensuring safety of users. A real trading tool will be effective and efficient at all times. Use Forex trading robots which are geared to produce realistic profit margins. Time to become a successful trader is now with reputable Forex trading robots.

TusarFX Review

After landing on their homepage, we immediately spot some discrepancies with their website. To begin with, their website lacks proper security measures. How can a broker offering trading services fail to properly secure their website? Dealing with such brokers is uncalled for and investors should be wary. It means Tusar FX is opening up users to third party attacks, mainly from hackers. Stay away from a platform which lacks proper security features and fake details.

Another shocking detail we found with this broker is professing to be a recognized broker. After asking around, no one has ever heard of this platform. Scam artists will use empty claims and promises to try and entice users to sign up. Make sure to stay away from this broker as they are a proven scam.

About TusarFX

According to information we gathered, this platform is owned by TusarFX Ltd. TusarFX Ltd is claiming to be registered in St. Kitts and Nevis. It means we are dealing with an offshore broker which is a huge risk. Stay away from any broker with such characteristics. Offshore brokers will do or say anything to make their platforms appear legit. And this is what TusarFX is doing with their lame platform.

Who are the founding members of this platform? Why can’t we get actual names of people running this website? Who is the CEO or CFO of TusarFX Ltd? Lack of this vital information is proof we are dealing with an anonymous broker. Stay away from this broker and sign up with industry certified brokers. After checking with various company registrars, no name popped up with their credentials.

Is TusarFX Licensed or Registered?

After checking with a few regulatory bodies, we can confirm Tusar FX is not licensed or registered. Anyone who signs up is dealing with a rogue entity. Stay away from this broker as users are crying foul with this broker. Dealing with such brokers is tantamount to throwing money to the wind. Dealing with unlicensed entities will lead to more harm than good. Stay away from unlicensed brokers who have no credibility or trading license. What else is off with their licensing and registration?

Why don’t they post their copies of their licensing and registration certificates? A true broker will post copies of their licensing in order to show authenticity. After reaching out to international regulatory bodies, no results popped up. Some of the regulatory bodies we encountered include ASIC, CySEC, FCA, and NFA. All these regulatory bodies have never heard of this platform. Tusar FX is not licensed and should be avoided at all costs. Stay away!

TusarFX Disadvantages

Accounts Offered

TusarFX is furnishing users with four different account types to choose from. Account types include Premium, Standard, Light, and Advanced. What we found odd with these accounts is promotional bonuses. Users are asked to deposit more funds in order to get 50% and 20% promotional bonuses. Before withdrawing funds, users are required to pay back these bonuses. Why issue a bonus and later ask for it?

Rigged Demo Account

Another disturbing issue we found with Tusar FX is rigging their demo account. A rigged demo account will open up users to false results. Professional scam artists will rig a demo account in order to falsify trading results. If you haven’t noticed, their demo account produces over 95% successful trades. In all honesty, this is simply never going to happen in any market. Prices are always volatile which means getting these high profit margins is next to impossible. Stay away!

Remember, a demo account uses virtual money which is not real. Dealing with this broker will leave users lacking a lot more than just funds. After getting over 95% successful trades, users will want to open a real account. Stay away from these scam artists as they are simply trying to use false information. Tusar FX is using a rigged demo account to falsify trading results.

Make sure you have a safe trading experience by partnering with industry leading brokers. Make sure to stay ahead of the pack by signing up with proven and vetted brokers. Want to make quick money with Forex trading? Partner with industry recommended and expert backed Forex brokers. Time to make money is now with credible Forex brokers. What are you waiting for? Sign up today!

Unstable Trading Platform

Another perturbing issue we found with this platform is having an unstable platform. Tusar FX is claiming to have a one of a kind MT4 trading platform. After going through their trading platform using their demo account, we noticed a few errors. How can a broker fail to secure their trading platform? Downloading their platform proved futile as it stalled at around 34%. It means users are dealing with an unstable platform. Stay away from this platform at once.

An unstable platform is easy prey for hackers. Hackers will steal credit card information by attacking unstable platforms. After all, these platforms lack proper security measures making them weak. TusarFX won’t be the first platform which trades using unstable platforms. Dealing with unstable platforms leads to more misery. Why would they provide an unstable platform, unless they are in league with these hackers! Personal data is a commodity which is going for sale.

Are funds safe with TusarFX?

How can funds be safe from a broker who lacks proper licensing credentials? Where do they bank funds deposited by members? Stay away from this broker and sign up with industry accredited and backed brokers. Did you know investors are depositing funds straight to owner’s personal bank account? Yes, investors are funding an unknown third party making Tusar FX an illicit platform

Segregation of accounts is not possible with this broker. Dealing with such a broker is highly contagious and ill-conceived. Tusar FX fails to insure funds deposited by members as stipulated by law. Never expect any compensation in case insolvency occurs. After all, this broker is closing accounts without refunding members. For all we know, this could be a money laundering website. Stay away!

Is TusarFX a Scam?

Evidence clearly points out we are dealing with a certified scam group. Make sure to mark their emails as spam to avoid any harassment by their marketing team.

Verdict

Adding this broker to our scam blacklist will help protect our readers.

Why not go for a lucrative trading market? Crypto Currency trading market is another way of making realistic profit margins. Stay ahead of the pack and sign up with credible Crypto Currency trading robots. Time to make money is now with leading Crypto Currency trading tools.

Wishing all traders a successful trading experience.