Reply To: TusarFX – legit or scam?

James Barra
Moderator Team

    Hi Kenji,

    Thanks for your message.

    We have evaluated TusarFX and scored it just 1.5/5, largely due to its weak regulatory credentials. It’s based offshore in Saint Kitts and Nevis and is not authorized by any trusted regulators.

    I would also be wary about choosing a broker solely based on its trading promotions (which are prohibited in many tightly regulated trading jurisdictions). There are more important considerations, notably whether it’s an established and trusted brand.

    Alternatively, see our pick of trusted brokers.