TegasFX Review 2023 (Expert Review)

TegasFX Review Summary

TegasFX also offers financial instruments such as stocks, bonds, and equities. It also offers social trading and CFD trading. However, before you can invest, make sure to check with your broker about the risk level before you start investing. If you are not sure, you can always start with a free demo account. As an online brokerage company, TegasFX offers a number of advantages over the competition. It offers several different trading options, including FX pairs, precious metals, commodities, and CFDs. The company also accepts deposits and withdrawals through PayPal. Withdrawals are processed through PayPal, and the website also offers a demo account that allows you to practice trading before making a live deposit.

TegasFX review
TegasFX Platform Features

TegasFX main features and highlights
๐Ÿ—บ๏ธ Country of regulation Vanuatu Financial Services Commission (VFSC)
๐Ÿ’ฐ Trading fees No
๐Ÿ’ฐ Inactivity fee No
๐Ÿ’ฐ Withdrawal fee No
๐Ÿ’ฐ Minimum deposit 200
๐Ÿ•– Time to open a TegasFX account 1-3 Days. *A TegasFX demo account can be opened in a few minutes, but live TegasFX trading account creation times will vary depending on how long it takes to process your TegasFX KYC documents.
๐Ÿ’ณ Wire Transfer No
๐Ÿ‘› Depositing with electronic wallet No
๐Ÿ’ฑ Number of base currencies supported 1
๐ŸŽฎ Demo account provided Yes
๐Ÿ›๏ธ Financial Instruments offered Forex, Commodities, Indices, Stocks, Crypto, Futures

TegasFX review
TegasFX Financial Regulation

TegasFX is regulated by Vanuatu Financial Services Commission (VFSC).

TegasFX review
TegasFX Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using TegasFX include a large choice of assets that are available to be traded 24/7; and easy-to-use website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using TegasFX can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

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TegasFX Advantages

One of the main advantages of using TegasFX is around the clock service and support as well as research offerings. Not only this, but TegasFX has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of TegasFX with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with TegasFX makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. TegasFX offers stock quotes and trade information, making it easy for users to view how their investments are doing.

  • TegasFX has been in business over 10 years.
  • TegasFX offers Neteller as a payment method
  • TegasFX offers ECN trading
  • TegasFX offers a Apple Mac desktop trading platform
  • TegasFX offers Hedging
  • TegasFX offers Scalping
  • TegasFX offers mobile trading applications

TegasFX review
TegasFX Disadvantages

Although TegasFX has a lot of good points TegasFX does not offer the below.

TegasFX Review Risk Warning: Your capital is at risk.

TegasFX Review

TegasFX review
Things to understand when trading with TegasFX

Online trading on trading platforms like TegasFX have seen huge growth in the last 3 years. Trading with TegasFX requires that you take the time to learn how financial markets work and are able to trade with TegasFX using in depth technical analysis and TegasFX risk management trading tools. Trading with TegasFX involves risk. You should only risk capital with TegasFX that you can afford to lose. Understand your risk tolerance with TegasFX, and have a trading strategy that TegasFX is able to help you execute. TegasFX is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments TegasFX give you access too.

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TegasFX Trading Fees

Trading fees on TegasFX are taken in the form of the spreads TegasFX offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on TegasFX. TegasFX fees vary depending on the financial instruments traded and can include, TegasFX overnight funding fees, spreads, margins and TegasFX inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your TegasFX account charged by your 3rd party payment provider if your TegasFX base currency is different from your TegasFX withdrawal method.

NameTegasFXIC MarketsRoboforex
Account FeesNoNo
Withdrawal FeesvariesNoYes
Deposit FeesNo
Inactivity FeeNoNo
riskwarningTry Now

Your capital is at risk
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

TegasFX review
TegasFX Financial Instrument Fees

TegasFX fees for Forex, Commodities, Indices, Stocks, Crypto, Futures are listed below.

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TegasFX Stock Trading Fees

The majority of TegasFX trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A TegasFX stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.

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TegasFX Forex Fees

Commission on TegasFX Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for TegasFX Forex fees is based on their trade size. To calculate TegasFX Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.

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TegasFX Cryptocurrency Fees

Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. TegasFX cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. TegasFX cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).

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TegasFX Non Trading Fees

TegasFX non-trading fees include a variety of TegasFX brokerage fees and charges that a trader will pay which are not related to buying and selling assets using the TegasFX trading platform. The most common non-trading fees include TegasFX withdrawal fees, TegasFX deposit fees and TegasFX inactivity fees.

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TegasFX Deposit Fees

TegasFX does charge deposit fees in some cases. When funding your TegasFX account there may be some TegasFX deposit fees which will vary depending on the payment method you use to deposit to your live TegasFX trading account.

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TegasFX Inactivity Fees

TegasFX does charge clients an inactivity fees for dormant TegasFX trading accounts. A TegasFX inactivity fee is a sum charged on TegasFX brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

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TegasFX Withdrawal Fees

TegasFX does charge TegasFX clients small withdrawal fees. Withdrawals fees vary between TegasFX and TegasFX alternatives depending on where you are located and how much money you are withdrawing.

TegasFX review
TegasFX Account Fees

TegasFX does not charge account fees. Account fees charged differ between TegasFX and other brokers. An account is a fee that TegasFX and other brokers assesses on all accounts for the ability to keep an account on their platform.

TegasFX review
TegasFX Account Opening

The TegasFX account registration process is simple, user-friendly, and quick. Within 1-3 Days most TegasFX trading accounts are ready for live trades. Our TegasFX account was validated in 1 day, but live TegasFX trading account verification times will vary depending on the time it takes to process your KYC documents and TegasFX trading account application. A TegasFX demo account can be opened in a few minutes.

TegasFX trading accounts are available in over 193 countries. TegasFX is restricted in the following countries.

Apart from the restricted countries a TegasFX trading account can be opened globally.

The TegasFX trading platform is available for residents in US. Some financial instruments TegasFX offer may be restricted in your country.

  • Fast TegasFX account opening.
  • TegasFX accounts can be opened and KYC can be verified digitally.
  • TegasFX minimum deposit is 200 USD / GBP / EURO.
  • TegasFX trading account verification may be held up for longer than a day if there is an issue with verifying your account.

TegasFX review
TegasFX Deposit And Withdrawal

TegasFX Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

GBP, USD, EURO are supported by TegasFX as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

TegasFX offers the following account GBP, USD, EURO.

When trading make sure your TegasFX trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. TegasFX has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

NameTegasFXIC MarketsRoboforex
Number Of CurrenciesYes104
Base CurrenciesUSD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZDUSD, EUR, CNY, XAU
riskwarningTry Now

Your capital is at risk
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

TegasFX review
TegasFX Deposit Fees and Deposit Methods

Investors can log in to their TegasFX trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their TegasFX trading accounts from an existing bank account or send the funds through a wire transfer or online check.

TegasFX Deposit Fees

Making a deposit on your TegasFX account is free.

TegasFX Deposit Methods

There are several methods through which you can deposit money into your TegasFX account. One can use a credit or debit card and TegasFX accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your TegasFX account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your TegasFX account.

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TegasFX Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your TegasFX brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open TegasFX positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your TegasFX account.

TegasFX Fees When Withdrawing Your Account Balance

TegasFX do not charge withdrawal fees. Some withdrawal fees are out of the control of TegasFX and may be due to 3rd party payment providers and your account base currency.

TegasFX Withdrawal Methods

Log into your TegasFX trading account, which is connected to your bank account. Go to the section that says โ€œfundsโ€ or โ€œaccountsโ€ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your TegasFX account to your bank account. To withdraw money from your TegasFX account you can use credit or debit cards. TegasFX processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as TegasFX processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

TegasFX review
TegasFX Trading Platforms

As there are a number of tradable financial instruments available on the TegasFX trading platform. Before investing in the TegasFX platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The TegasFX platform has a demo account and educational tool, but it may not be designed for new traders so focuses less on those educational features. TegasFX offer livechat, phone, and email support.

If you struggle with technology, you need to consider the level of support on TegasFX is available. Another thing to consider is your financial goals. Make sure that a TegasFX account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a TegasFX account. Ensure that TegasFX allows you to focus on the type of trading that you want to focus on.

Make sure TegasFX is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using TegasFX, think about how easy it is to use for your personal needs. Does the TegasFX platform offer real-time updates or delayed updates that are more informed? Remember to check if TegasFX is well regulated, and what tradeable financial instruments TegasFX has. Security is very important when it comes to trading with TegasFX.

TegasFX Web Trading Platform

A TegasFX web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through TegasFX which acts as a financial intermediary. TegasFX is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.

Mobile Trading Platform

Both Android and iOS devices are supported by the TegasFX mobile trading platform.

TegasFX Apple IOS Trading Platform

A TegasFX iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

TegasFX Google Play Android Trading Platform

A TegasFX Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

TegasFX review
TegasFX Mobile Trading User Experience

TegasFX mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. TegasFX mobile trading refers to trading using a mobile phone.

Leading brokerages like TegasFX offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire TegasFX portfolio. All an investor needs is a Web-enabled smartphone and a trading account with TegasFX. Once you have download the TegasFX trading app, you are ready to begin.

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TegasFX Desktop Computer Trading Platform

A TegasFX computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The TegasFX desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The TegasFX desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

TegasFX PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using TegasFX. A trading computer with access to a TegasFX PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

TegasFX Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the TegasFX trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the TegasFX trading platform is very user friendly and easy to use on a Mac device.

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TegasFX Trading Look And Feel

The TegasFX user interface (UI) is what TegasFX traders will see and interact with first when trading with the TegasFX trading platform. The TegasFX is well designed. The goal of the TegasFX trading UI is to make the TegasFX user's experience easy and intuitive. The TegasFX application has good user experience and a good level of customer satisfaction.

TegasFX Security

TegasFX is a secure trading platform. TegasFX offers traders security via 2 factor authentication, SSL encription when trading with TegasFX. TegasFX trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with TegasFX. Rate limitation on TegasFX suspicious account activities is another layer of protection that is provided for TegasFX trading accounts, for example multiple failed login attempts with TegasFX. You have the option to further safeguard your account by using TegasFX Two-Factor Authentication (2FA), which provides an extra layer of security.

The TegasFX trading infrastructure is constantly watched and guarded by a trained team at TegasFX In addition, TegasFX never send sensitive information without first encrypting on the TegasFX trading platform using transport layer security (TLS) and SSL.

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Placing A Buy Or Sell Order On TegasFX

Available TegasFX order types. # market, limit, stop, stop limit, Good until end of day / canceled.

TegasFX Market Order

A TegasFX market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. TegasFX market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. TegasFX market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

TegasFX Limit Order

A TegasFX limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

TegasFX Stop Order

A TegasFX stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

TegasFX Stop Limit Order

A TegasFX stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The TegasFX stop-limit order triggers a limit order when a stock price hits the stop level. A TegasFX stop-limit order can be helpful when trading if you are unable to watch your trades all day.

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TegasFX Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.

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TegasFX Trading Platform Features

Online trading platforms like TegasFX are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with TegasFX. The TegasFX trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using TegasFX.

TegasFX Margin Trading

TegasFX margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, TegasFX margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

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TegasFX Account Types

TegasFX Demo Account

TegasFX offers demo accounts that gives traders the ability to purchase and sell TegasFX financial instruments in a practice environment, using fake TegasFX digital money and live market conditions and data. When you practise on a TegasFX demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the TegasFX platform. TegasFX demo accounts allow you to experience and practice a variety of market charts, TegasFX trading indicators, and trading strategies using TegasFX.

TegasFX Standard Account

TegasFX offers a standard trading account, allowing TegasFX traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich TegasFX trading platform.

TegasFX STP Account

TegasFX STP (Straight Through Processing) account is a TegasFX trading feature that involves sending TegasFX client orders directly to the market without passing them through a dealing desk. A TegasFX STP account is considered to be more of a hybrid of the ECN and market maker (dealing desk) models.

TegasFX ECN Account

A TegasFX ECN (Electronic Communications Network) account is a pure order-matching execution system, where TegasFX, as a provider, charges a commission per TegasFX trade instead of inflating the spread, occurring more naturally within the TegasFX order-matching process. A TegasFX ECN is a financial intermediary that uses electronic communications networks to give TegasFX clients direct access to other participants in equity and currency markets. As an ECN broker, TegasFX only matches TegasFX trades between other market participants; it cannot trade against the TegasFX client.

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TegasFX Tradable Financial Instruments

TegasFX tradable financial instruments are the financial instruments that are specifically available to trade on the TegasFX trading platform. This refers to the different types of financial markets you can trade with through TegasFX. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on TegasFX.

NameTegasFXIC MarketsRoboforex
CFD TradingYesYesYes
Stock MarketsNo210053
ETFsNo
Fractional SharesNoYes
CryptocurrenciesNoYesNo
riskwarningTry Now

Your capital is at risk
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

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TegasFX Trading Stocks

Stock trading with TegasFX is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with TegasFX; if you possess the stock on TegasFX, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on TegasFX involves purchasing and selling stocks and share using TegasFX periodically in order to time trades against the stock markets, with the aim of using TegasFX to profit from your stock trading. TegasFX stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on TegasFX. Stock traders on TegasFX conduct significant study, frequently dedicating several hours every day to market monitoring using TegasFX trading tools.

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TegasFX Trading ETFs

What Are ETFs

TegasFX does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.

What Are Fractional Shares

TegasFX does not offer fractional share trading.

Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

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TegasFX Trading Cryptocurrencies

TegasFX does not offer cryptocurrency trading.

Cryptocurrency trading is not offered by TegasFX, so you will need to find a TegasFX alternative that allows you to buy and sell the underlying cryptocurrency assets. TegasFX CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a TegasFX alternative and make sure you undertand the risks fully before trading.

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TegasFX Forex Trading

Forex trading with TegasFX is a method through which to invest money which involves trading one currency for another in a Forex currency pair with TegasFX. The main aim of TegasFX Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with TegasFX. As a TegasFX Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like TegasFX. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like TegasFX. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on TegasFX.

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TegasFX Commodities Trading

Commodity trading is a type of trading available on TegasFX where individuals or businesses buy and sell financial instruments using TegasFX related to commodities, such as metals or oil.

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TegasFX Options Trading

TegasFX options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. TegasFX option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.

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TegasFX Futures Trading

Futures trading with TegasFX is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using TegasFX to facilitate the trade. A TegasFX futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on TegasFX. Typically, futures contracts are traded on an exchange such as TegasFX; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling TegasFX trader to the contract agrees to provide it.

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TegasFX Bonds Trading

Bonds trading on TegasFX is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the TegasFX trader. Bonds can be bought and sold on TegasFX after they are issued. While some bonds are traded publicly through TegasFX, most trade over-the-counter between large broker-dealers like TegasFX acting on their clients' or their own behalf. Yield is therefore based on the TegasFX purchase price of the bond as well as the coupon.

TegasFX CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

NameTegasFXIC MarketsRoboforex
Forex CFDYesYesYes
Index CFD2530
Stock CFD1108400
ETF CFD3050
Commodity CFD2020
Crypto CFDNoYesNo
riskwarningTry Now

Your capital is at risk
Try Now

Losses can exceed deposits
Try Now

Losses can exceed deposits

TegasFX review
TegasFX Trading Research Tools

Taking advantage of TegasFX trading research tools which are designed to help traders analyse potential investments using the TegasFX trading platform. Some TegasFX research tools include charts, technical analysis, and TegasFX trading indicators.

TegasFX Trading News

Traders can follow the markets and make wise investment decisions on TegasFX by using the news to help form a strategy when it comes to choosing investments. A TegasFX news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

TegasFX Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A TegasFX economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

TegasFX Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. TegasFX fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

TegasFX Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on TegasFX are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.

TegasFX portfolios

Trading portfolios are useful when trading with TegasFX.

A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

A TegasFX trading portfolio is a traders collection of investments, which may include a variety of TegasFX financial instruments.

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TegasFX Payment Methods

A TegasFX payment method is required to fund your TegasFX trading account before placing a buy or sell order on a financial instrument.

When trading with TegasFX, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that TegasFX do not have any control over.

NameTegasFXIC MarketsRoboforex
Payment MethodsBPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex MoneyADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money
riskwarningTry Now

Your capital is at risk
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Losses can exceed deposits
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Losses can exceed deposits

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TegasFX Withdrawl Methods

When trading with TegasFX at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your TegasFX account balance. TegasFX may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your TegasFX account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

TegasFX Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your TegasFX account.

Withdrawal requests can take up to three business days to be processed by TegasFX.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your TegasFX should arrive in less than 24 hours.

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TegasFX Customer Support

Customer support represents the resources within the TegasFX company that provides technical assistance to its customers after they use the TegasFX service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

TegasFX offer email, livechat, phone, customer support.

TegasFX Email Support

TegasFX offers email support.

Email support is a a convenient method of TegasFX customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from TegasFX regarding your support request.

TegasFX Livechat Support

TegasFX offers livechat support.

TegasFX live chat support is a way for customers to obtain help from TegasFX through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

TegasFX Telephone Support

TegasFX offers telephone support.

TegasFX telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the TegasFX call centre to give or take information.

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TegasFX Educational Resources

TegasFX educational resources are used throughout the TegasFX learning environment to help and assist with customer's development and learning of trading on TegasFX. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using TegasFX trading tools. Educational resources are brilliant for educators to help deliver the best quality lessons.

TegasFX Trading Platform Tutorials

TegasFX offer a range of learning resources and tutorials and guides made available to registered TegasFX users. The TegasFX guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate TegasFX users on basic trading principles.

TegasFX Trading Videos

TegasFX offer a selection of online trading videos.

Trading videos on TegasFX help new and even more experienced investors gain insights into TegasFX technical analysis tools and how the different financial markets work when trading on TegasFX.

TegasFX trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some TegasFX training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using TegasFX to trade live financial markets.

TegasFX Webinars

TegasFX offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of TegasFX clients who participate by asking questions, replying to polls, and using other interactive technologies available on the TegasFX trading platform.

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TegasFX Financial Regulation When Trading

Financial regulations on TegasFX protect consumers' investments. Regulations prevent financial fraud and limit the risks that TegasFX as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. TegasFX financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is TegasFX Regulated?

TegasFX is regulated by Vanuatu Financial Services Commission (VFSC).

TegasFX is licensed by financial regulators in certain jurisdictions. You can find out if brokers like TegasFX are licensed in your country, if they have had run-ins with regulators, or received serious complaints from TegasFX investors, directly with financial regulators in your country.

TegasFX Regulatory Protection Limits

When registering with TegasFX you must check with regulatory body your TegasFX trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your TegasFX account is over seen by. TegasFX client funds are stored in segregated 3rd party bank account in accordance with TegasFX financial regulators.

Client country Investor protection amount Regulator
United Kingdom ยฃ85,000 Financial Conduct Authority (FCA)
EU Investor Compensation Scheme max โ‚ฌ50,000 Directive of The European Parliament and European Commission
Other countries 90% of your funds, max โ‚ฌ20,000 Bulgarian Financial Supervision Commission (FSC)

TegasFX Trading Signals

TegasFX does not offer trading signals in any form.

Make sure you understand the risks of trading signals.

How does TegasFX make money?

Because TegasFX acts as an intermediary, TegasFX gets compensated on buy and sell transactions of financial instruments. As a result, TegasFX profit is determined by the volume and number of transactions. TegasFX earns revenue to fund their TegasFX platforms and wide range of trading services through market spreads.

Can you buy shares on TegasFX?

TegasFX does not provide customers with real company shares trading. TegasFX offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and TegasFX on the speculative up or down price movement on an agreed stocks price movement.

Does TegasFX offer Cryptocurrency?

TegasFX does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.

TegasFX Lower fees, lower costs?

TegasFX have reasonable trading fees and costs. TegasFX do not charge a deposit fee. TegasFX may charge a withdrawal fee. Some withdrawal fees are out of the control of TegasFX and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

TegasFX minimum deposit is 200 USD / GBP / EUR.

How to start your TegasFX account?

You can sign up for a live or demo TegasFX trading account by visiting TegasFX and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an TegasFX account here.

How's the TegasFX trading app?

TegasFX allow traders to trade financial markets on TegasFX does not currently offer trading through any mobile applications on iOS or Android. supported mobile devices.

You can tryout the TegasFX trading app here.

Is the quality of TegasFX customer service satisfactory?

TegasFX have average customer support offering support through email, livechat, phone, support options.

Is this broker good for new traders?

TegasFX is a good trading platform for new traders as TegasFX offer a good range of educational resources, good support options as well as a demo account.

How do you withdraw money from TegasFX?

TegasFX offer a good selection of withdrawal options. Once TegasFX have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

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Ashly Chole - Senior Finance & Technology Editor

TegasFX Review 2023 (Expert Review) guide updated 02/02/23