The brokerage organization Tag Fx LTD claims that it provides all the tools necessary to become a profitable trader. On the main page of the company's official web resource, which is available in English and Russian versions, the following advantages are highlighted that users receive from cooperating with the company: lightning-fast cryptocurrency withdrawals, round-the-clock support, no commissions, narrow and reliable spreads. The broker owns the following domains:
The trading intermediary “Tag Fx” reports that the legal address of the organization is Ground Floor, The Sotheby Building Rodney Village, Gros-Islet Rodney Bay, Saint Lucia LC 01401. The company's main office is located in the UK at 37th Floor, One Canada Square, London E14 5AA. However, no documentary evidence of this registration information is provided. The broker also does not report which authorities have authorized and regulate the company's activities.
At the bottom or in a special section of the official website, clients can familiarize themselves with the documents regulating the internal work of the organization at any convenient time. In the “Contacts” section, the only way to contact technical support is an email address.
To start working with the trading agent “Tag Fx LTD,” you need to register, after which you must choose one of the three provided account types and deposit the same starting capital of 150 USD for all trading accounts.
The Professional trading account is ideal for those who need the narrowest spreads and feel comfortable using a commission model, with a 5 USD commission per trade side. It allows users to trade with raw spreads, meaning no broker markup for more accurate pricing. Direct market access with no hidden fees is ideal for scalping and high-frequency trading. Leverage – 1:500.
The Zero Prime account type allows clients to trade without paying any commissions — profit is included in the spread. Perfect for traders who value a transparent and simple cost structure and full control over their profit. Financial leverage – 1:500.
The X 10 account, leverage – 1:33, 5 USD commission per trade side. Allows users to increase their deposit with leverage tenfold to enhance trading power. Clients can trade freely, without any trading restrictions or complex rules. The only rule is not to lose more than 10% of your initial balance, ensuring risk control. A great alternative to traditional prop firms, offering fewer rules and reliable payouts using real capital.
All types of trading accounts allow clients to make trading agreements on the following investment assets: currency pairs, digital currencies, stocks, indices, commodities.
For cooperation with the brokerage company “Tag Fx,” users are offered to use WebTrader, which enhances trading efficiency with a dashboard for quick access to tools, hotkeys for workflow optimization, and smart chart search for quick symbol finding. The trading platform also offers excellent charting tools and advanced technical analysis. The terminal supports operations with demo accounts, customizable chart parameters, expandable market watch window, automated trading through cBots, and offers extensive API capabilities for developers. The trading platform is available on personal computers running Windows and Mac, as well as on mobile devices running IOS and Android.
The trading intermediary “Tag Fx LTD” reports a limited amount of information regarding account replenishment and withdrawal methods, limited to logos of popular payment systems. The broker does not report on commission fees and transaction times. It might be possible to find out the details after completing the registration procedure and logging into the personal account at Tag Fx.
The brokerage organization Tag Fx LTD is unlikely to claim high places in the broker rankings due to the lack of registration documents, as well as incomplete data on deposit and withdrawal methods. Therefore, before entrusting your money to such a trading agent, you should carefully study the information on independent sources and thoroughly check real reviews about Tag Fx from clients of the trading platform.
A desk of disgraceful creatures, not a broker!! When I tried to withdraw money, the funds left the account but didn't reach the card. I contacted technical support, and they kept telling me that I entered the wrong payment details. I asked them to send me a screenshot of the transaction - no response. Two days later, I couldn't even log into my account!!
Tag Fx LTD is a typical example of scam brokers, lots of words and promises, but in reality, no documents, trading conditions are just a nice set of words, and it's not even worth talking about withdrawing funds. In general, I wouldn't take the risk and wouldn't recommend it to anyone.
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