TegasFX

Regulatory & Licensing Information:

Regulation and Licensing: TegasFX is a trading name of Clover Markets Limited, a company registered in Vanuatu and regulated by the Vanuatu Financial Services Commission (VFSC). Vanuatu is known as an offshore zone with less stringent regulatory requirements, which may pose risks to investors. 55 BROKERS User Reviews and Complaints: Some users have reported negative experiences with TegasFX, including issues with fund withdrawals and unresponsive customer support. These complaints are common indicators of potential fraudulent activities. 55 BROKERS Warning Signs: Offshore Regulation: Being regulated by VFSC in Vanuatu, TegasFX operates under less stringent regulatory oversight, which may compromise investor protection. Negative User Feedback: Reports of difficulties in fund withdrawals and lack of responsive customer support raise concerns about the broker's reliability. Conclusion: Based on available information, TegasFX exhibits several characteristics commonly associated with scam brokers. Potential investors are strongly advised to exercise caution and conduct thorough due diligence before engaging with this platform. It's crucial to choose brokers that are transparent, well-regulated, and have a positive track record in the industry