MISA licence BFX2024003

TASS commits to nothing that would protect them. The homepage says funds are segregated and insured, but the client agreement contains no segregation clause, no insurance clause and no negative balance protection, and no bank, custodian or insurer is named. The agreement's payment details route client money to a corporate bank account in Kazakhstan, and no compensation scheme covers the firm.

The footer on every page states the service is not intended for residents of Belgium, North Korea, France, the Russian Federation, Spain, Great Britain, the USA or Belarus, nor for FATF high risk or sanctioned jurisdictions, and the client agreement adds Japan and residents of Saint Vincent and the Grenadines. In practice the registration form has no country of residence field at all, so none of those restrictions is enforced at signup.

Up to 1:500 on both the GOLD and PLATINUM accounts, with a 60% margin call level and a 50% stop out level. No lower cap is published for any instrument class or client category. Leverage at this level is not permitted for retail clients in most onshore jurisdictions.

Currencies, metals, cryptocurrencies and stock indices, according to the broker's own account specification. The homepage also markets commodities and stocks. TASS publishes no instrument count and no symbol list on its website, so the exact range can only be seen inside the trading platform.

MetaTrader 5 only. TASS distributes a broker branded Windows terminal through the MetaQuotes network under its own company name, and points clients to the standard macOS, iOS and Android builds plus a browser based web terminal. There is no MetaTrader 4, no cTrader and no proprietary platform.

TASS quotes 1 to 5 days for every withdrawal route. The client agreement adds that the timeframe can be extended until the client supplies documents proving ownership of the receiving bank account, and that requests for amounts at or below the withdrawal commission are not accepted. Because no regulator supervises the firm, there is no external body a client could escalate a delayed withdrawal to.

Deposits go in by wire transfer or through Binance, both free of broker charges, or by Visa, Mastercard and Mir at a 6% fee. Withdrawals come out by USDT, where the broker passes on only the blockchain cost, by Binance at 3%, or by the same cards at 4%. Note that wire transfer is deposit only and USDT is withdrawal only, so money does not necessarily return by the route it arrived.

Commission is charged as a percentage of turnover. On GOLD it is 0.004% on currencies, metals and stock indices and 0.01% on cryptocurrencies; on PLATINUM the first three drop to 0.002%. Overnight positions are charged swap at rates held on the trading server rather than published. The site advertises spreads from 0 pips but publishes no spread for any instrument, so the full trading cost cannot be checked in advance.

TASS does not publish a minimum deposit for its entry level GOLD account. The only figure it states is the tier boundary: GOLD covers margin collateral up to 2,000 US dollars and the PLATINUM tier begins from 2,000 US dollars. Anyone who needs to know the opening minimum has to ask before funding.

Nothing found proves fraud, and the company behind the brand is real and verifiable. What TASS has not shown is that it is safe: there is no confirmed regulator, its homepage claims that funds are segregated and insured while its own contract commits to neither, and it presents a company registration in the same sentence as a licence claim. It should be treated as unverified rather than either clean or fraudulent.

TASS is operated by TASS LLC, a limited liability company registered in Saint Vincent and the Grenadines under number 445 and incorporated on 23 June 2020. That entity is confirmed active on the entity register of the St. Vincent and the Grenadines Financial Services Authority, held through the registered agent Wilfred Services Ltd. The client agreement names TASS LLC as the company a client contracts with, and it is signed by a named director.

No confirmed financial regulation was found for TASS. Its website footer claims authorisation by the Mwali International Services Authority under licence number BFX2024003, but that claim is unverified and appears nowhere in the binding client agreement. The Saint Vincent and the Grenadines entry the broker publishes alongside it, registration No. 445 LLC 2020, is a company registration and not a financial services licence.