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The WikiFX Score of this broker is reduced because of too many complaints!


Australia|2-5 years|
Regulated in Australia|Suspicious Regulatory License|MT4/5 full license|Regional Brokers|Australia Appointed Representative(AR) Revoked|High potential risk|


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MT4/5 Identification

MT4/5 Identification

Full License

Server Name
TuotendaCapital-Live MT5
Server Location Singapore

Suite 310, 252 Russell Street, MELBOURNE VIC 3000
The WikiFX Score of this broker is reduced because of too many complaints!


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Warning: Low score, please stay away! 3
Previous Detection : 2023-11-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • AustraliaASIC (license number: 001295631) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

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TUOTENDA · Company Summary

Aspect Information
Registered Country/Area Australia
Founded Year February 28, 2022
Regulation Unregulated
Trading Platforms MetaTrader5 (MT5)
Tradable Assets Forex currency pairs, metals, commodities, indices, cryptocurrencies, CFDs
Account Types Information undisclosed
Demo Account Not specified
Customer Support 24/7 online support via email ( and WhatsApp
Deposit & Withdrawal Information not provided (contact form available)
Educational Resources Not specified

Overview of TUOTENDA

TUOTENDA, an Australia-based forex brokerage, was established on February 28, 2022. However, it is important to note that TUOTENDA operates as an unregulated broker, lacking oversight from any regulatory authority.

The platform offers traders access to a wide range of tradable assets, including forex currency pairs, metals, commodities, indices, cryptocurrencies, and CFDs. While TUOTENDA claims to provide various account types, specific details about these options remain undisclosed. The availability of a demo account is not specified either. Nevertheless, the broker ensures 24/7 customer support, with assistance accessible via email ( and WhatsApp.

However, information regarding deposit and withdrawal processes is not provided, and educational resources are not specified. Traders are advised to exercise caution and thoroughly research TUOTENDA before engaging in any trading activities.


Is TUOTENDA legit or a scam?

TUOTENDA is an unregulated broker, and there is no valid regulation governing its operations. As an expert in the trading industry, I must emphasize the importance of being cautious when dealing with unregulated brokers like TUOTENDA. Unregulated brokers lack the oversight and protection provided by regulatory authorities, which can expose traders to potential risks and financial harm. It is crucial for traders to be vigilant and exercise due diligence when selecting a broker for their trading activities.

Pros and Cons

TUOTENDA offers a diverse range of trading instruments and utilizes the user-friendly MetaTrader 5 (MT5) platform, providing traders with ample opportunities and a smooth trading experience. The broker also boasts 24/7 customer support, ensuring prompt assistance for clients.

However, the lack of regulation poses potential risks for traders, and detailed information about account types, deposit requirements, spreads, and leverage remains undisclosed.

Additionally, educational resources are not specified, and communication options are limited, with no phone number or live chat support provided. Traders should exercise caution and seek further clarity from TUOTENDA before engaging with the broker.

Pros Cons
Diverse range of trading instruments available Unregulated broker, potential risks for traders
Utilizes MetaTrader5 (MT5) platform Lack of transparency on account types and deposit
24/7 customer support Information about spreads and leverage not specified
Educational resources not specified
Limited communication methods (no phone/live chat)
Minimum deposit requirement not disclosed

Market Instruments

Traders and investors can avail themselves of a diverse range of trading instruments on the TUOTENDA platform. This encompasses forex currency pairs, as well as metals and commodities like gold, precious metals, crude oil, copper, and petroleum.

Additionally, the platform offers access to various indices and a selection of CFD (Contract for Difference) products.

With such a comprehensive array of trading options, TUOTENDA aims to cater to the diverse needs and preferences of its clientele, providing ample opportunities for potential profits and market exploration.

Account Types

TUOTENDA asserts that it provides its customers with a variety of account types, yet detailed information regarding these options remains undisclosed. Unfortunately, specific details about the types of accounts offered and their respective features are not readily available.

Additionally, the broker does not provide clear information regarding any required minimum initial deposit. As a result, potential customers may face uncertainty and should seek further clarification from TUOTENDA to fully understand the account offerings and funding requirements. Clarity in these aspects is crucial to establish transparency and build trust with traders.

How to open an account?

To open an account with TUOTENDA, follow these steps:

1. Visit the TUOTENDA Website: Go to the official website of TUOTENDA to start the account opening process.

2. Account Registration: Look for the “Sign Up” or “Open an Account” button on the website and click on it to begin the registration process.

3. Provide Personal Information: You will be prompted to fill in your personal details, such as your full name, email address, phone number, and residential address. Ensure that you provide accurate information.

4. Select Account Type: Choose the type of trading account you prefer, if available. However, note that specific details about the account types are not disclosed, so you may need to con

5. Verify Identity: TUOTENDA may require you to verify your identity to comply with regulatory requirements. Prepare your identification documents, such as a passport or driver's license, and follow the verification instructions provided by the broker.

6. Deposit Funds: Once your account is successfully registered and verified, you can proceed to deposit funds into your trading account. However, specific information about the minimum deposit requirement is not provided, so you will need to inquire with the broker.

7. Start Trading: After funding your account, you can access the trading platform, which is stated to be MetaTrader5 (MT5), and begin trading a variety of financial instruments, such as forex currency pairs, metals, commodities, indices, cryptocurrencies, and CFDs.

As TUOTENDA does not provide specific details about some aspects, it is crucial to seek further information directly from the broker to ensure a smooth account opening process and to address any uncertainties you may have.

Trading Platform

TUOTENDA proudly offers a comprehensive MT5 trading platform accessible to Windows, iOS, and Android users. MT5 is renowned for its user-friendly interface, enhanced charting features, a wide range of technical indicators, and efficient order execution, making it an excellent choice for traders of all levels of expertise.

Whether novice or experienced, traders can benefit from the platform's intuitive design and powerful tools, enabling them to make well-informed trading decisions and execute their strategies with ease and precision.


Customer Support

TUOTENDA is committed to providing 24/7 customer service support to its clients. Traders can reach out to the customer service team via email at or through WhatsApp for prompt assistance.

Another option is to fill out the “contact form” and await a response. However, it's important to note that TUOTENDA does not offer additional communication methods like a phone number or live internet chat. The company's location is Suite 310, 252 Russell Street, Melbourne, VIC 3000.


In conclusion, TUOTENDA offers a diverse range of trading instruments and utilizes the user-friendly MetaTrader5 (MT5) platform, providing traders with multiple opportunities and a seamless trading experience.

However, the lack of regulation and limited transparency on account details, deposit requirements, spreads, and leverage raise concerns. Additionally, the absence of specified educational resources and limited communication methods may hinder traders seeking comprehensive support. Caution is advised, and thorough research is recommended before engaging with TUOTENDA as a trading partner.


Q: Is TUOTENDA regulated by any financial authority?

A: TUOTENDA is an unregulated forex brokerage without any valid regulation governing its operations.

Q: What trading instruments are available on TUOTENDA platform?

A: Traders can access a wide variety of trading instruments on TUOTENDA, including forex currency pairs, precious metals, commodities such as gold, crude oil, and indices, as well as cryptocurrencies and a selection of CFD products.

Q: Are there different types of accounts offered by TUOTENDA?

A: TUOTENDA claims to provide several account types for its customers, but specific information about these options is not disclosed.

Q: What is the customer support availability on TUOTENDA?

A: TUOTENDA offers 24/7 customer support via email at and through WhatsApp.

Q: Is there a minimum deposit required to open an account with TUOTENDA?

A: TUOTENDA does not disclose any specific information regarding the required minimum initial deposit. Traders should contact the broker directly to ascertain the minimum deposit amount for account opening.

User Reviews

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more than one year
The platform mailboxes are not available 24/5, ghosts can find you during this time
2023-02-16 21:08
Ahmad Aldebsi
more than one year
Tuotenda is a reliable broker, and their withdrawals were always on time. Their professional and patient customer support team is available whenever I need help. I gave it five stars!
2022-12-19 09:58
more than one year
Isn't this talking nonsense with your eyes open, saying that it supports 24/7 customer service, and you can't even find a customer service entrance. The trading platform on the web page is blank with one click. . .
2022-12-15 18:39
more than one year
I have to say that this platform is too simple. I haven’t found any key information about transaction fees after looking for a long time, and the contact information on the official website does not exist. Isn’t this a pure liar? I deposit money. . .
2022-12-15 10:10
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