Is TASS a scam?

We rate TASS a likely scam at 70 percent risk. The Bank of Russia lists both of its domains as showing signs of an illegal securities-market participant, and the only licence behind the brand is a Comoros offshore authorisation whose certificate end date has passed. We did not find a confirmed pattern of stolen withdrawals, so our rating rests on unlicensed solicitation and misleading regulatory claims rather than proven theft.

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 does exist is a Bank of Russia listing for signs of illegal securities-market activity, a lapsed licence certificate still advertised as current, and a claim of insured client money that is not supported by any document. On that basis we assess the risk of fraud as high, but we state that as our assessment, not as an established fact.

Only in the weakest sense. TASS LLC holds licence BFX2024003 from the Mwali International Services Authority in the Comoros, which we confirmed on that authority's own register. MISA is an offshore registrar rather than a functioning financial supervisor, it operates no compensation scheme, and its licences are not recognised by mainstream regulators. TASS holds no licence from any tier-1 or tier-2 authority.

Very little. Registration number 445 LLC 2020 is a company registration in Saint Vincent and the Grenadines. That country's Financial Services Authority has stated repeatedly that it does not license, regulate, monitor or supervise forex trading or brokerage. Presenting it in a footer next to a licence number makes it look like regulatory approval when it is simply proof that a company exists.

That is the sharpest problem in the file. The Mwali registrar's verification record for Tass LLC shows the licence issued on 18 January 2024 with a licence end date of 18 February 2025. The register row still carries an active flag, but the end date printed on the certificate passed more than a year and a half ago and no renewal is shown, while the broker continues to advertise the authorisation as current.

Some clients evidently do, and the cashier supports bank transfer, Visa, Mastercard and MIR cards, Binance and USDT. Withdrawal fees are published at 4 percent on cards and 3 percent on Binance. However, reviews from 2022 describe accounts where support stopped responding, and the terms allow withdrawal timeframes to be extended until ownership documents are supplied. Complete verification before you request money, and withdraw the full balance rather than in parts.

No. The home page describes a regulated broker with segregated custody and insured funds, but no insurer, policy or segregation arrangement is evidenced anywhere in the broker's documents. A Comoros offshore licence provides no deposit protection and no compensation scheme, so in a dispute there is no authority that will compel repayment.

The Mwali licence record names Roza Khatsiyeva as chief executive and beneficial owner and Issa Abuyev as beneficial owner, both at addresses in Astana, Kazakhstan. The contracting company is TASS LLC of Saint Vincent and the Grenadines. The site also publishes a Cyprus contact address and a Kazakh mobile support line, but it holds no Cypriot authorisation.

About six years, and this is the part of its story that checks out. The domain tassfx.com was registered on 3 July 2020, the company number 445 LLC 2020 points to the same year, and archived copies show the brand trading continuously from July 2020. The claim of being founded in 2020 is accurate, though we could not obtain a precise incorporation date from the Saint Vincent registry, so the figure rests on the domain record.

No. We ran the clone test and it passes. The licence register records the entity as Tass LLC, the company number as 445 LLC 2020 and the website as tassfx.com, all of which match the operation we examined. TASS is not wearing another firm's credentials, which is a genuine point in its favour.

The Bank of Russia added TASS to its list of companies with signs of illegal activity on the financial market on 21 July 2022, identifying tassfx.com and my.tassfx.com, under the category for an illegal professional securities-market participant. In plain terms, it was soliciting Russian residents without a Russian licence. The broker's own footer now says it does not serve the Russian Federation, yet the site remains Russian-language by default and accepts roubles on MIR cards.

The site names Belgium, North Korea, France, the Russian Federation, Spain, the United Kingdom, the United States and Belarus as excluded, along with countries on international sanctions or high-risk lists. Its funding currencies point to Kazakhstan, Azerbaijan, Ukraine, Uzbekistan, Moldova and Turkey. Note that being accepted is not the same as being protected: the firm is not authorised in any of these markets.

Find the licence number on the broker's own site, then open the regulator's register directly and confirm the entity name, the website and the licence status and dates all match. Check whether the authority is a real supervisor with a compensation scheme or an offshore registrar. Search the exact domain, not the brand name, on regulator warning lists. If the only licence is offshore, assume you have no recourse.

Gather every record you have: deposit receipts, ticket numbers, chat logs and account statements. If you funded by card, contact your bank about a chargeback immediately, because those rights are time-limited. Report the firm to your national financial regulator and to your police. Do not pay anyone who promises to recover your funds for an upfront fee, as that is a common second scam aimed at people who have already been hit.