WikiFX

Reply

As an active forex trader who values transparency and cost structure, I approached Tasman FX with particular curiosity regarding their account types and commission model. Based on my research and direct investigation, Tasman FX primarily focuses on foreign exchange solutions, spot forex trades, and cross-border remittances rather than offering the classic retail trading environment with ECN or raw spread accounts typical of many brokers. For me, this immediately clarified that their business model is different; they operate as a regulated market maker under Australian ASIC oversight, and there is no clear option for ECN or raw spread accounts with separate per-lot commission fees. In my personal experience, a broker emphasizing ECN or raw accounts will always be explicit about commission per lot, since these fees are central to their appeal. With Tasman FX, most user feedback and the platform’s official details highlight low handling fees and fast withdrawals, but no specifics about commission-per-lot pricing. This lack of detailed fee breakdowns or retail trading specifics makes me cautious about assuming they offer such account structures at all. For anyone considering them with the mindset of an active trader seeking ECN-style commissions, I suggest a conservative approach. Always verify current fee structures directly with the broker before committing funds or trading volume, as assumptions about per-lot commissions may not apply here due to their specialty in global payments and traditional forex services.