TASS Broker Overview
TASS, which trades online as TASS FX, is a retail forex and CFD broker operated by TASS LLC, a limited liability company registered in Saint Vincent and the Grenadines on 23 June 2020 under registration number 445. It offers a single platform, MetaTrader 5, two live account tiers, leverage up to 1:500 and access to currencies, metals, energies, cryptocurrencies and stock indices. The company publishes an address in Kingstown and a second address in Nicosia, Cyprus, and reaches clients in English, Russian and Chinese.
TASS Regulation and License
TASS LLC states in the footer of every page of its website that it is registered by the Financial Services Authority of Saint Vincent and the Grenadines under registration No. 445 LLC 2020, and separately that it is authorised by the Mwali International Services Authority with licence number BFX2024003 as an International Brokerage and Clearing House.
These two statements are of very different kinds. The Saint Vincent entry is a company registration. It appears on the authority's entity register as a limited liability company held through a registered agent, and it establishes that the company exists. It is not a financial services licence and it confers no supervision of trading, no client money rules and no compensation scheme. The Mwali licence number is a claim: it is published by the broker and this review did not confirm it on that authority's own register. The Mwali International Services Authority is an offshore registrar based in the Comoros, and it is not a regulator whose supervision a retail client in a major market could rely on.
The marketing and the contract do not match. The binding client agreement that a client accepts at registration defines the Company as TASS LLC acting under the laws of Saint Vincent and the Grenadines and makes no mention of the Mwali authority or of licence BFX2024003 anywhere in its twenty six pages. The KYC policy does not mention them either.
Is TASS Regulated?
No confirmed financial regulation was found for TASS. The only regulatory claim the company makes that could amount to a trading licence is the Mwali number in its website footer, which remains unverified, and the Saint Vincent entry it places beside it is a corporate registration rather than supervision. A client trading with TASS is therefore dealing with a company whose existence is documented but whose conduct as a broker is not overseen by any authority this review could confirm.
Is TASS Safe?
The Bank of Russia has listed tassfx.com and my.tassfx.com since 21 July 2022 as showing signs of an illegal securities market participant. Safety cannot be established from what TASS publishes. The homepage states that the broker is regulated and that funds are segregated and insured, but the client agreement contains no segregation clause, no insurance clause and no negative balance protection clause, and the company gives no bank, custodian or insurer for either claim. The agreement's payment details route client money to a corporate bank account in Kazakhstan, and clause 6.13 applies Kazakh currency control law to every client by capping any single trading account at the equivalent of 50,000 US dollars. Redress under the agreement runs to a private dispute resolution body or to the courts, not to a financial regulator or an ombudsman.
Against that, the operating company is real, named and traceable, the platform is a genuine MetaTrader 5 installation registered to the company, and the terms are published in full rather than hidden.
TASS Account Types
TASS offers two live accounts, GOLD and PLATINUM, split purely by the size of margin collateral. GOLD covers balances up to 2,000 US dollars and PLATINUM starts from 2,000 US dollars. Everything else is identical: market execution, leverage up to 1:500, a 60% margin call level, a 50% stop out level and a minimum trade size and step of 0.01 lots. The broker publishes no minimum to open a GOLD account. There is no ECN account, no cent account, no demo tier advertised on the site and no swap free account.
TASS Spreads, Commissions and Fees
TASS charges commission as a percentage of turnover rather than per lot. On GOLD it is 0.004% on currencies and metals, 0.004% on stock indices and 0.01% on cryptocurrencies; PLATINUM halves the first two to 0.002% and leaves cryptocurrencies at 0.01%. The homepage advertises spreads from 0 pips, but neither account page nor any other published document states a spread for any instrument, so the cost of the spread itself cannot be checked before depositing. Positions carried overnight are charged swap, with the rates held on the trading server rather than published on the site. An account left unused for 90 calendar days may be charged an inactivity commission.
The funding charges are the larger cost. Card deposits carry a 6% fee and card withdrawals 4%, which is high enough to matter more than the trading commission for most retail balances.
TASS Leverage
Maximum leverage is 1:500 on both account tiers. TASS publishes no lower cap for any instrument class or any client category.
TASS Trading Platforms
MetaTrader 5 is the only platform. TASS distributes a broker branded Windows terminal from the MetaQuotes network and points clients to the standard macOS, iOS and Android builds, with a browser based web terminal for access without installation. There is no MetaTrader 4, no cTrader and no proprietary platform.
TASS Deposits and Withdrawals
Deposits are accepted by wire transfer and through Binance, both free of broker charges and quoted in US dollars, and by Visa, Mastercard and Mir at a 6% fee. Withdrawals run through three routes: USDT, for the blockchain network fee; Binance at 3%; and the same cards at 4%. Deposits are quoted at 1 to 5 business days and withdrawals at 1 to 5 days. A withdrawal can take longer until the client proves ownership of the receiving bank account, and the client agreement allows up to 10 business days to process one.
Two asymmetries matter before funding an account. Wire transfer is offered for deposits but not for withdrawals, and USDT is offered for withdrawals but not for deposits, so money does not necessarily come back the way it went in. Card funding is quoted only in AZN, KZT, UAH, RUB, UZS, MDL and TRY, with no euro, dollar or sterling card option at all.
TASS Support
Support is by email at info@tassfx.com and by WhatsApp on +357 97 593246, Monday to Friday from 9:00 to 18:00, with no time zone given. The site elsewhere advertises 24/5 support, which its own contact page does not match. There is no live chat, no telephone number published on the site and no social media presence of any kind.
TASS Pros and Cons
Strengths:
- The operating company is named, registered and confirmed active on its jurisdiction's official entity register.
- A genuine MetaTrader 5 installation registered to the company, across desktop, mobile and web.
- Trading commission is low on the PLATINUM tier, and the full account specification, including margin call and stop out levels, is published.
- Terms, KYC policy and funding tariffs are published in full rather than withheld until after registration.
Limitations:
- No confirmed financial regulation, and a company registration presented in the same breath as a licence.
- The licence number in the footer appears nowhere in the binding client agreement.
- Claims of segregated and insured funds that no published document supports.
- Card funding costs 6% in and 4% out, and no spread is published for any instrument.
- Single platform, two nearly identical accounts, no swap free option and no published minimum deposit.
TASS Review and Assessment
TASS is a small, genuinely constituted offshore broker aimed largely at the Russian speaking market, with an ordinary MetaTrader 5 offering and unusually expensive card funding. The company clearly exists. The decisive question is what happens if a withdrawal is refused. On the documents TASS itself publishes, the answer is that no financial regulator supervises the firm, no client money protection is committed to anywhere, and the money sits in a corporate account in a third country. Anyone weighing a deposit should treat the marketing language about regulation and insured funds as unsupported, and size any position against the possibility of having no regulatory recourse at all.
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