TegasFX Review

Welcome to another professional trading broker review by DayFunded. Today, we'll be focusing on TegasFX, a relatively recent entrant in the forex trading marketplace that was established in 2016 by Clover Markets LTD. This platform has created a notable presence in the industry, and our aim is to provide an unbiased and detailed review to help you decide if this is the right trading partner for you.

Account Opening

To start off, you need to have a minimum account size of $200 to start trading with TegasFX. Although this is not the lowest entry point in the industry, it's still relatively affordable for traders looking to engage in serious forex trading.

Regulatory Aspect

TegasFX does not have any serious regulations put in place. This might be a factor to consider especially for those who value their safety when it comes to trading as the lack of regulation means there's a higher risk associated with the trading platform. Always remember that trading with non-regulated brokers might be quite risky and it's always a good idea to tread with caution.

Spreads and Leverage

What TegasFX lacks in regulation, it makes up for with its attractive trading conditions. The company proudly boasts of offering low spreads, a factor that could be highly beneficial to all types of traders, as it potentially reduces the cost of trading.

As for the leverage, currently, we do not have the exact value, we advise to contact the TegasFX support to ask for precise details.

Trader Accessibility

Unfortunately, if you're a trader based in the United States, you won't be able to access TegasFX as they currently do not allow US Traders.

Noteworthy Broker Features

TegasFX has several features that are worth pointing out. Among these include trading by phone, MAM, Managed accounts, segregated accounts, a personal manager, and PAMM.

The option of trading by phone can be a great convenience for traders who may not always have access to their trading devices. MAM, Managed accounts, and PAMM are particularly handy for beginners or busy traders who prefer to have their trading managed by professionals. Lastly, the inclusion of segregated accounts provides an important security measure that protects clients' funds from potential company issues.

Broker Average Rating

At the moment, we do not have averaged ratings for TegasFX to include in this review. As we accumulate more user feedback, we'll be sure to update accordingly.

In summary, if you're a trader looking for a broker offering low spreads and a range of trading options – and you're not overly concerned about the lack of serious regulation – TegasFX may be a good fit for you. As always, please perform your due diligence before deciding on a broker.

Stay tuned to DayFunded for more insightful broker reviews meant to help you navigate the world of forex trading.