Tirtex (tirtex.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: tirtex.com.
I lost a significant amount because Tirtex (tirtex.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Easy to use platform|High security standards
Cons: Research section could be deeper
Tirtex (tirtex.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Detailed reporting|Risk management tools
Cons: Inactivity fee applies after 12 months|Slow to add new assets
The mobile app from Tirtex (tirtex.com) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: No hidden fees|Comprehensive tools|Transparent fees|Multi-device support
Cons: Inactivity fee applies after 12 months
I wanted to transfer my portfolio from another broker to Tirtex (tirtex.com). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Segregated accounts|Great customer service|Instant funding|Competitive fees
Cons: Live chat only during business hours
I found Tirtex (tirtex.com) through a forum discussion and the initial impression was positive. But since I opened my account last year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Easy to use platform|Stable platform|Clean UI
Cons: Nothing significant|Spreads widen during volatile periods