Is TegasFX regulated?
TegasFX Ltd is listed by MISA under license number BFX2024226. Clients should verify the current status directly in the official MISA register.
Legal information
Regulatory Status and Execution Information
A concise summary of TegasFX Ltd regulatory status, regulatory scope, trading risk, execution factors and the execution complaint process.
Regulatory status
TegasFX Ltd is listed by the Mwali International Services Authority, MISA, as an authorised brokerage company.
Verification note
Clients and prospective clients should verify the current license details directly in the official MISA register before opening an account or depositing funds.
- Company name
- TegasFX Ltd
- Company number
- HT01224150
- License number
- BFX2024226
- Regulator
- Mwali International Services Authority, MISA
- Status shown in MISA register
- Active
- Date of license issue
- 17 December 2024
- Official website listed in register
- https://www.tegasfx.com/
The MISA verification page should be checked directly by clients and prospective clients before opening an account or depositing funds. The public verification page currently shows an active status and should be used as the source for current license details.
Official MISA verification page:Open MISA register
Regulatory scope
TegasFX operates under offshore MISA regulation. TegasFX is not regulated by SEC, FINRA, FCA, BaFin, ASIC, CySEC or MAS. Clients should understand the scope of offshore regulation before trading.
Risk disclosure
Trading forex, CFDs, leveraged products and funded trading products involves significant risk. Market movements, leverage and account rules can materially affect trading results. Clients should not trade with funds they cannot afford to lose.
Trading costs and order handling
The Client Service Agreement describes trading costs and order handling in more detail. Depending on the product and account terms, trading may involve commissions, charges, margin requirements, interest, mark-ups, mark-downs, spreads and other fees.
Orders are handled according to the applicable account terms and trading platform rules. Limit and stop orders are not guaranteed to execute at the specified price or amount unless TegasFX explicitly states this for the specific order.
Clients should review the Client Service Agreement before trading.
Execution complaints
Clients who have a question or problem should first contact TegasFX support. If the matter is not resolved, clients may file a written complaint with the Compliance Department. Execution-related complaints should include the trading account number, order ID, instrument, timestamp, requested price, execution price and a description of the issue.
FAQ
Is TegasFX regulated by BaFin, FCA, SEC, FINRA, ASIC, CySEC or MAS?
No. TegasFX is not regulated by these authorities. TegasFX operates under offshore MISA regulation.
What is TegasFX's license number?
BFX2024226.
Do trading products involve risk?
Yes. Trading forex, CFDs, leveraged products and funded trading products involves significant risk and may result in loss of funds.
Can trading involve commissions, spreads or other costs?
Yes. Depending on the product and account terms, trading may involve commissions, charges, margin requirements, interest, mark-ups, mark-downs, spreads and other fees.
How can clients dispute an execution issue?
Clients should contact support first. If the matter is not resolved, clients may file a written complaint with the Compliance Department.