Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighNo licence confirmable in force, a Saint Vincent company number presented as regulation, and a Bank of Russia warning naming both domains; a genuine 2024 MISA issuance is the only thing holding this below 10.
Identity & transparency
6/10 · HighThe legal entity is real, active and verifiable on the Saint Vincent register, but no owner, director or staff member is named, a Cyprus address sits behind no authorisation, and there is no official social presence.
Withdrawals & conduct
8/10 · CriticalAbout ten fund-integrity reports across five platforms describing one mechanism, withdrawals stalled behind document demands and accounts then blocked, with no positive payout report found and no sign the firm resolves them; held below 9 because the reports lack checkable detail.
Reputation
8/10 · CriticalUniformly negative across every platform swept, zero positive footprint, and a central bank listing; moderated slightly because much of the volume sits on complaint aggregators of uneven quality.
Website claims
8/10 · CriticalPresents a company registration as supervision by the Saint Vincent FSA and advertises a MISA licence whose recorded term ended in February 2025, while disclaiming Russian clients on a site built for them; the founding-year claim, by contrast, is accurate.
Operational history
2/10 · LowSix years verified on both legs, company incorporated 23 June 2020 and domain registered 3 July 2020, with unbroken archived history under one brand and no rebrand or recycled domain.
Who they are
A quick desk file on the company behind the brand.
- Brand: TASS, trading as TASS FX
- Legal entity: TASS LLC, a Saint Vincent and the Grenadines limited liability company, registration 445, incorporated 23 June 2020, status Active, registered agent Wilfred Services Ltd.
- Registered: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, VC0100, Saint Vincent and the Grenadines. A second address is published at 28 Georgiou Griva Digeni, 1066 Lefkosia, Cyprus, with no Cypriot authorisation behind it.
- Website: tassfx.com, with the client area at my.tassfx.com. Site languages are English, Russian and Chinese.
- Only licence claimed: Mwali International Services Authority (Comoros) number BFX2024003, described on the site as an international brokerage and clearing house authorisation. Tier 4, and the recorded term ended in February 2025.
- Offers: MetaTrader 5 trading in forex, metals, cryptocurrencies and stock index CFDs. Two live accounts, GOLD and PLATINUM, both at 1:500 leverage, with the Platinum tier from 2,000 USD.
- Not accepted: the footer excludes residents of Belgium, North Korea, France, the Russian Federation, Spain, the United Kingdom, the United States and Belarus, and states the company registers no clients from Russia.
- Age claim: since 2020, and this one is true. Company incorporation on 23 June 2020 and domain registration on 3 July 2020 both match, with unbroken archived site history under the same brand from July 2020 onward.
- Ownership: not disclosed. No directors, officers or named staff appear anywhere on the site, and the company maintains no official social media accounts.
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
Licences the broker publishes
MWALI INTERNATIONAL SERVICES AUTHORITY (MISA)
Financial Services Authority of Saint Vincent and the Grenadines
Why we reached this verdict
How the evidence adds up.
Five findings carry this verdict, and one of them comes from a central bank.
- A regulator has already named these exact websites. The Bank of Russia's list of companies with identified signs of illegal activity on the financial market carries an entry headed TASS, recording the category as indicators of an illegal professional securities market participant and listing both my.tassfx.com and tassfx.com. It was entered on 21 July 2022 and remains published. This is the strongest single item in the file because it is a primary regulatory record that identifies the operation by domain rather than by brand.
- There is no licence we could confirm is in force. The MISA registration BFX2024003 is the only financial authorisation TASS claims. The Mwali registrar does not operate a public licensee search that an ordinary visitor can use, and TASS does not link to its own entry, only to a general list page. The sole dated record of the licence that exists anywhere shows it running from 18 January 2024 to 18 February 2025. On that record it has been expired for more than nineteen months while the site continues to advertise it.
- The Saint Vincent number is a company registration being presented as regulation. The footer reads that TASS LLC is registered by the Financial Services Authority of Saint Vincent and the Grenadines, registration No. 445 LLC 2020. We found the entry on the Authority's own register: it is a Limited Liability Company registration, and nothing more. The same Authority has published an advisory stating it issues no licences for forex trading or brokerage and does not regulate, monitor, supervise or license international business companies engaged in that activity. Dressing a company number in a regulator's name is the misrepresentation, not the registration itself.
- For its first three and a half years the operation ran with no financial authorisation at all. The archived homepage from 30 June 2022 carries only the Saint Vincent company number and no licence claim of any kind. The MISA registration appears only from 2024. The Bank of Russia listing falls squarely inside that unauthorised period.
- Clients describe one failure, repeatedly, and nobody describes being paid. Across five platforms we counted about ten accounts of money not coming back against three service complaints, and we found no positive review anywhere. The mechanism described is consistent: deposits clear easily, a withdrawal request is then extended behind demands for payment documents and proof of bank account ownership, and the trading account is blocked once the client persists. The reports cluster heavily in July and August 2022, the same weeks as the Bank of Russia entry, with a thinner tail from December 2025 to May 2026. The site's own terms underwrite this: withdrawal of margin collateral may be extended until the client provides documents confirming possession of the receiving bank account, with no outer limit. We treat this set as strong rather than conclusive because the individual reports are thin on checkable detail, carrying only one amount of 600 USD and durations of one and two months.
- The restricted-countries statement does not match the plumbing. The footer says the company has no representative offices in the Russian Federation and registers no Russian clients. The site nonetheless ships a full Russian version, deposits and withdrawals are offered on Visa, Mastercard and MIR, Russia's domestic card scheme, with the rouble among the settlement currencies, the sign-up form asks for a patronymic, and no country is requested at registration at all. A firm that genuinely turned away a market would not build the rails for it.
Taken together: one hard item from a central bank, four strong items spanning the regulator's record, the company registry, the site's own pages and independent client reports. That meets the threshold for a likely scam, not for a confirmed one, and the published figure of 71 per cent reflects exactly that distinction.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The Bank of Russia's list of companies with identified signs of illegal activity on the financial market carries an entry headed TASS. The recorded category is indicators of an illegal professional securities market participant, and the websites field lists my.tassfx.com and tassfx.com. Entered 21 July 2022 and still published. A regulator naming the exact domains is the strongest class of evidence available.
Hard proofBank of Russia, warning listE2The Saint Vincent and the Grenadines FSA states in its own advisory that it issues no licences for forex trading or brokerage, and that it does not regulate, monitor, supervise or license international business companies engaged in that activity. The broker's footer nonetheless reads that TASS LLC is registered by the Financial Services Authority of Saint Vincent and the Grenadines, registration No. 445 LLC 2020, which presents a company number as supervision.
E3The Saint Vincent FSA entity register records TASS LLC, registration number 445, entity type LLC-Limited Liability Company, status Active, date of incorporation 23 June 2020, registered agent Wilfred Services Ltd. The contracting entity is real and current, and this is a company registration rather than any form of financial authorisation.
E4The archived TASS homepage of 30 June 2022 carries only the Saint Vincent company number and no licence claim of any kind, with no mention of Mwali or MISA. The operation therefore took deposits for leveraged trading with no financial authorisation from its launch in July 2020 until the MISA registration appeared in 2024, which is the period covering the Bank of Russia listing.
E5A third-party licence-verification record, which is not the Mwali authority's own register, shows Tass LLC against number BFX2024003 with an issue date of 18 January 2024 and an expiry date of 18 February 2025. On the only dated record available the licence has been expired for more than nineteen months, while the site advertises it as current on every page.
E6The site's restricted-countries clause states the company does not serve residents of the Russian Federation, has no representative offices there and registers no Russian clients. The same site publishes a full Russian-language version, offers deposits and withdrawals on Visa, Mastercard and MIR, Russia's domestic card scheme, with the rouble among its settlement currencies, and charges 6 per cent on card deposits and 4 per cent on card withdrawals. The two statements cannot both be operative.
E7The client registration form asks for surname, name and patronymic, a field used in Russian and CIS naming conventions, and requests no country of residence at any point. The exclusion of Russian clients is therefore not applied at the point of sign-up. The client area at my.tassfx.com is live and open to new registrations, and is one of the two domains the Bank of Russia names.
E8A third-party broker review page tied to tassfx.com records three reviews, all negative. One dated 15 May 2026 states the broker did not even refund the deposit; one dated 3 December 2025 states that after profits were made, withdrawals were delayed and support kept saying processing; one dated 17 April 2026 states support was unreachable for clients with fund or trade problems. The page lists the MISA number BFX2024003 and notes the Saint Vincent entry confers company status only.
ModerateBrokersView broker page for TASSE9A Russian-language review page for Tass FX rated 1.0 of 5 carries three dated July 2022 accounts: a deposit wiped and the trading account blocked without grounds, 20 July 2022; a client told repeatedly to supply payments and account-ownership checks and unable to withdraw after two months of trying, 10 July 2022; and a client pressed to top up again to cover losses, 18 July 2022. The cluster coincides with the Bank of Russia entry of 21 July 2022.
E10Two further complaint platforms carry the same mechanism. One records a client who lost 600 USD and received no payment, and another who waited about a month for a withdrawal and had the account blocked after complaining. A second site records two accounts of money not being paid after trading. A third carries a client reporting three trades he did not open, in heavy loss. None reports a demand for an extra payment to release funds.
E11The published withdrawal terms allow the period for returning margin collateral to be extended until the client provides documents confirming possession of the receiving bank account, with no outer time limit stated. Funding is asymmetric: a wire transfer in costs nothing, but there is no wire route out at all, leaving only USDT, Binance at 3 per cent, or cards at 4 per cent. This matches what clients describe experiencing.
E12Certificate transparency records for tassfx.com show the operation runs its own MetaTrader 5 production, demo and development servers, a CRM, an affiliate platform, storage and a back office across separate staged environments, plus self-hosted engineering tooling including GitLab, Jenkins, Zabbix, Sentry, Jaeger and an internal wiki, and Kazakhstan-specific regional hosts. This is a genuine in-house engineering operation, not a rented scam template.
E13The domain tassfx.com was registered on 3 July 2020 through 1API GmbH and is still held, and the company was incorporated on 23 June 2020. The site's advertised founding year of 2020 is therefore accurate on both legs, giving a verified track record of about six years rather than an inflated claim.
E14Archived captures of tassfx.com run continuously from 26 July 2020 to August 2025 under the same TASS brand, with no multi-month gap, no parked interval and no earlier unrelated business on the domain. There is no drop-catch signature, no predecessor brand and no rebrand, and the dedicated server hosting the site carries no sibling broker domains.
E15The two live account types, GOLD up to 2,000 USD and PLATINUM from 2,000 USD, publish plain commission rates, 1:500 leverage, a 60 per cent margin call and a 50 per cent stop out. There is no deposit bonus, no withdrawal locked behind a trading volume requirement, no guaranteed-return language and no fabricated award, all of which are common in the worst cases and absent here.
ModerateTASS account types pageE16The company page names no directors, officers or staff, describing only a team of dedicated professionals, and publishes a Cyprus address at 28 Georgiou Griva Digeni, Lefkosia, alongside the Saint Vincent registered office. The firm holds no Cypriot authorisation. Contact is limited to an email address and a WhatsApp number, and the site links no official social media account.
ModerateTASS company pageE17Searches of the major warning registers beyond the Bank of Russia, covering the FCA, CySEC, ASIC, the CFTC and the wider relayed alert pool, returned no entry naming TASS, TASS LLC or tassfx.com. Absence from these lists is not clearance, since they lag new operations, but it is recorded as a fact about the sweep.
E18The broker publishes exactly one external verification link across its whole site, pointing to a general entity list rather than to its own licence record, and the Mwali authority operates no public licensee search that an ordinary visitor can use. A genuinely supervised broker links its licence number straight to its own entry on the regulator's register.
The other side
The strongest case in this broker’s favour.
The case against TASS is not airtight, and several things genuinely count in its favour.
- The company is real and current. We did not have to take this on trust. TASS LLC appears on the Saint Vincent and the Grenadines registry as an active Limited Liability Company, number 445, incorporated 23 June 2020. Plenty of suspect brokers cannot survive that check.
- The age claim is honest. The site says since 2020 and founded in 2020, and that is correct on every measure we have: incorporation on 23 June 2020, domain registration on 3 July 2020, and continuous archived site history under the TASS brand from 26 July 2020 through 2025. There is no inflated founding year here, which is one of the most common lies in this sector and is absent.
- The technology is genuinely theirs. Certificate records show the operation runs its own MetaTrader 5 production, demo and development servers, a CRM, an affiliate system and a back office across staged environments, alongside self-hosted engineering tooling including GitLab, Jenkins, Zabbix, Sentry and Jaeger. That is an engineering team and a real budget, not a rented scam template. A third-party assessment also recorded a verified MT5 server with measured execution speed.
- No clone, no rebrand, no network. The brand impersonates nobody. We found no predecessor name, no domain recycling, no gap-and-restart in the archive, and no sibling scam domains sharing its server. A rebranded operation carrying an old warning would be a far worse profile than this.
- No bonus trap and no hype. The two account types publish plain commission schedules and margin terms. There is no deposit bonus locked behind a trading volume, no guaranteed returns, no fabricated awards and no celebrity endorsement, all of which are standard in the worst cases.
- Only one regulator has acted. Beyond the Bank of Russia entry, searches of the FCA, CySEC, ASIC, CFTC and the wider international alert pool returned nothing naming TASS or tassfx.com. One listing is not a chorus.
- The Bank of Russia finding is narrower than theft. Its category is an illegal professional securities market participant, which is a finding about operating without Russian authorisation. Offering services into Russia without a Russian licence is what that entry establishes. It is not a finding that client money was stolen, and we should not present it as one.
- The complaint evidence has real limits. Most of the reports sit on Russian-language complaint aggregators of uneven quality, several of which carry recovery-service bait, and they are short and anonymous. No ticket number, wallet address or account statement appears in any of them. We also found no advance-fee demand, the single most incriminating complaint type, despite looking specifically for it.
An honest reading is that TASS is a real, six-year-old, self-built offshore brokerage that has never held meaningful supervision, that presents its paperwork as something it is not, and whose clients report not being paid. That is materially different from a disposable fake, and the report should not flatten the difference.
What would change this
What we would need to see to revise the verdict.
This verdict is falsifiable. Any of the following would move it, and some would move it a long way.
- A current MISA licence, visible on the issuer's own record. If the Mwali authority published a searchable entry showing BFX2024003 held by TASS LLC with a term covering today, the central finding would fall away and the verdict would drop toward high risk rather than likely scam.
- Removal from the Bank of Russia list. Either that or a Russian authorisation would remove the only hard evidence against the broker.
- Evidence that withdrawals are actually paid. Dated payout confirmations from clients who are not connected to the company, on platforms the company does not control, would directly contradict the complaint pattern. A handful of credible, specific payout reports would carry real weight here, because the current record contains none.
- Correcting the two regulatory statements on the site. Describing 445 LLC 2020 as a company registration rather than as registration by the Financial Services Authority, and either removing the MISA line or publishing a current term for it, would eliminate the misrepresentation finding.
- Naming the people behind it. Disclosed directors and beneficial owners, with an address that can be checked, would materially improve the transparency score.
- A genuine licence from a real supervisor. Authorisation from any tier 1 or tier 2 regulator, verifiable on that regulator's register against this domain and this entity, would reset the assessment.
- It would get worse if a second regulator named the domain, if a client produced a specific demand for an extra payment before funds were released, or if the site began claiming supervision it does not have.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Bank of Russia: warning-list entry for TASS
The central bank entry naming tassfx.com and my.tassfx.com, entered 21 July 2022.
Saint Vincent FSA: Entity Name Search
Search TASS to see the company record, number 445, incorporated 23 June 2020.
Saint Vincent FSA advisory on forex and crypto offerings
The Authority's own statement that it issues no forex licences and supervises no company that trades forex.
TASS company page
Where the broker sets out its entity, addresses and the two numbers it presents as credentials.
TASS deposit and withdrawal terms
The funding routes, the fees, and the clause allowing withdrawal to be extended pending documents.
Frequently asked questions
Quick answers about this broker’s safety.
Is TASS a scam?
We rate TASS a likely scam at 71 per cent risk. It takes deposits for leveraged trading without any financial licence we could confirm is in force, the Bank of Russia lists both of its websites as showing indicators of an illegal securities market participant, and clients across five platforms report that withdrawals were stalled or refused. We would not deposit with it.
Is TASS a fraud?
No court or regulator has made a finding of fraud against TASS LLC, and we found no fraud-related enforcement action or court record naming the entity. What we can say is that the Bank of Russia has publicly flagged its websites for illegal activity, that its advertised licence is not confirmable as current, and that clients describe deposits accepted and withdrawals then held. On that basis we assess the risk of fraud as high.
Is TASS regulated?
Not in any way that protects you. The only financial authorisation it claims is a Mwali registration from the Comoros, number BFX2024003, and the only dated record of it shows a term that ended on 18 February 2025. The Saint Vincent number in its footer, 445 LLC 2020, is a company registration, not a licence. No tier 1 or tier 2 regulator supervises this firm.
What is the MISA licence actually worth?
Very little. MISA is the registrar of Mwali, an autonomous island of the Comoros, and it is not a functioning financial supervisor. The Comoros central bank has publicly disavowed licences issued under that banner. There is no compensation scheme, no client-money rule and no realistic complaints route. In our ranking it is tier 4, the lowest band.
Can I withdraw my money from TASS?
Some clients say they could not. The repeated account is that a withdrawal request is extended behind demands for payment documents and proof of bank account ownership, and that accounts were blocked when clients pressed. The company's own terms allow the withdrawal period to be extended until such documents are provided, with no stated limit. If you hold a balance, request it now and keep records of everything.
Is my money safe with TASS?
No. There is no supervisor overseeing how client funds are held, no evidence of segregated accounts, and no compensation scheme behind the firm. Withdrawals are offered only by USDT, Binance or card, while deposits can be wired in at no cost, so there is no bank-transfer route out at all. Treat anything you deposit as unprotected.
Who owns TASS LLC?
The company does not say. TASS LLC is a Saint Vincent limited liability company, number 445, incorporated on 23 June 2020, with Wilfred Services Ltd as registered agent. Saint Vincent does not publish the members or managers of an LLC, and the broker names no directors, officers or staff anywhere on its site.
How old is TASS?
About six years, and unusually for this sector the claim checks out. The company was incorporated on 23 June 2020, the domain tassfx.com was registered on 3 July 2020, and archived copies of the site run continuously under the same brand from 26 July 2020. There is no inflated founding date and no sign of a rebrand or a recycled domain.
Is TASS a clone of another broker?
No. We found no evidence of impersonation. The brand does not copy a regulated firm's name, licence number, entity or address, and the licence numbers it quotes resolve to TASS LLC itself rather than to another company. Its problems are its own, not borrowed.
Why is TASS on the Bank of Russia list?
The Bank of Russia maintains a public list of companies showing identified signs of illegal activity on the financial market. TASS was added on 21 July 2022 under the category of indicators of an illegal professional securities market participant, and the entry names both tassfx.com and my.tassfx.com. In plain terms, the central bank considers the operation to have been offering securities market services into Russia without authorisation.
TASS says it does not accept Russian clients. Is that accurate?
It does not match how the site is built. The footer states the company has no representative offices in Russia and registers no Russian clients, yet it publishes a full Russian-language version, offers deposits and withdrawals on the MIR card scheme with the rouble among its currencies, asks for a patronymic at sign-up and requests no country at all during registration. The restriction reads as a disclaimer rather than a practice.
What should I check before depositing with any broker?
Start with the licence. Find the number, open the regulator's own register yourself, and confirm the entry names the same company and the same website you are about to use. Check that the licence is current, not merely issued. Separate a company registration from a financial licence, because they are not the same thing. Then search the exact domain, not the brand, for withdrawal complaints, and check the main regulators' warning lists.
What do I do if I have already lost money to TASS?
Gather your evidence first: balance and trade screenshots, deposit receipts, and every support message with dates. If you paid by card, contact your bank about a chargeback quickly, since the window is limited. Report the firm to your national financial regulator, and to the Bank of Russia if you are in Russia. Do not pay anyone who offers to recover the funds for an upfront fee, because that is a second scam targeting the same victims.
Scan history
How this broker’s safety assessment has changed across scans.
What changed since September 21, 2026
- October 11, 2026CurrentLikely scam71% risk
- September 21, 2026Likely scam84% risk
- September 19, 2026Likely scam70% risk
Past scans are archived snapshots kept for transparency and are not indexed by search engines.
What we recommend
The practical takeaway from everything above.
Our advice is to keep your money out, and if it is already in, to act now rather than later.
- Do not deposit. There is no supervisor to complain to, no compensation scheme and no segregation guarantee we could verify. Money sent here is unprotected in the ordinary sense of the word.
- If you hold a balance, request a full withdrawal today and keep it modest and simple rather than piecemeal. Use the route you funded with where that is possible.
- Document everything before you ask. Screenshot your balance, your trade history, every deposit receipt and every message from support, with dates. If a withdrawal is then delayed, that record is what any card issuer, bank or authority will ask for.
- Never send an additional payment to release a withdrawal. No legitimate broker requires a tax, unlock fee, insurance payment or commission paid separately before it returns your balance. A request of that kind is the point to stop and report.
- Go to your payment provider. Card deposits may be reversible through a chargeback, and the window is limited, so raise it with your bank promptly. Crypto and Binance transfers are generally not recoverable.
- Report it. File with the financial regulator in your own country, and with the Bank of Russia if you are in Russia, where the operation is already listed.
- Ignore anyone offering to recover your funds for a fee. Several pages discussing this broker carry exactly that pitch. Paying a recovery agent is how a single loss becomes two.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed October 11, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
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