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tegasFX Forex Broker keeps up-to-date with the latest trading account information, including MT5 ECN/STP VIP, MT5 ECN/STP Pro+, MT5 Standard maximum leverage of 1:200, trading varieties, and more

Rating Index

Pros

Regulated by the Vanuatu Financial Services Commission (VFSC), providing a level of oversight.
Offers negative balance protection, ensuring clients do not lose more than their deposited funds.
Provides a variety of trading instruments, including forex, commodities, and cryptocurrencies.

Cons

High minimum deposit requirement of $200, which may be a barrier for beginner traders.
Limited customer support options, with some reports of slow response times via email.
Lacks advanced trading features such as social trading and copy trading, which may deter some users.

tegasFX broker Accounts

MT5 ECN/STP VIP

Environment
--
Currency
--
Maximum Leverage
1:200
SupportedEA
Minimum Deposit
50,000$
Minimum Spread
from 0.1
Depositing Method
(5+) Bank transfer
Withdrawal Method
(5+) Bank transfer
Minimum position
--
Commission
2.5$ per side
Products
--

MT5 ECN/STP Pro+

Environment
--
Currency
--
Maximum Leverage
1:200
SupportedEA
Minimum Deposit
2,000$
Minimum Spread
from 0.1
Depositing Method
(5+) Bank transfer
Withdrawal Method
(5+) Bank transfer
Minimum position
--
Commission
3.5$ per side
Products
--

MT5 Standard

Environment
--
Currency
--
Maximum Leverage
1:200
SupportedEA
Minimum Deposit
200$
Minimum Spread
from 0.8
Depositing Method
(5+) Bank transfer
Withdrawal Method
(5+) Bank transfer
Minimum position
--
Commission
--
Products
--

TEGASFX Account Type

TEGASFX offers various account types to cater to different trading needs and experience levels. The account types include:

  • Basic Account
    • Minimum Deposit: $250
    • Spread: From 2.5 pips on major currency pairs
    • Leverage: Up to 1:200
    • Features: Personal account representative, web trader, demo account, mobile trading, educational materials, and trading tools.
    • Progressive Account
      • Minimum Deposit: $10,000
      • Spread: From 1.8 pips on major currency pairs
      • Leverage: Up to 1:200
      • Features: 20% discount on overnight fees (swaps), personal account representative, web trader, demo account, mobile trading, educational materials, and trading tools.
      • Advanced Account
        • Minimum Deposit: $50,000
        • Spread: From 1.0 pips on major currency pairs
        • Leverage: Up to 1:400
        • Features: 40% discount on overnight fees (swaps), personal account representative, web trader, demo account, mobile trading, educational materials, and trading tools.
        • Islamic Account
          • Minimum Deposit: $100,000
          • Spread: From 2.5 pips on major currency pairs
          • Leverage: Up to 1:400
          • Features: No overnight fees (swaps), personal account representative, web trader, demo account, mobile trading, educational materials, and trading tools.

          TEGASFX Broker Account Opening Process

          Opening an account with TEGASFX is a straightforward process. Follow these steps to get started:

          • Registration: Visit the TEGASFX website and click on the "Open Account" button.
          • Fill Out the Form: Complete the online registration form with your personal details, including name, email address, and phone number.
          • KYC & Verification: Submit the necessary identification documents for verification. This typically includes a government-issued ID and proof of address.
          • Open Trading Account: Once your documents are verified, you will be prompted to select your preferred account type based on your trading needs.
          • Make Deposits: Fund your trading account by choosing from the available deposit methods. The minimum deposit varies depending on the account type selected.
          • Start Trading: After your account is funded, you can log in to the trading platform and start trading.
          • TEGASFX ensures a seamless account opening experience with dedicated customer support available to assist you throughout the process.

tegasFX accounts can be viewed for products that can be traded -- accounts with a minimum deposit of 50,000$ by (2+) (5+) Bank transfer.
tegasFX Account