Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

TOROINVEST

Cyprus|2-5 years|
Suspicious Scope of Business|Cyprus Straight Through Processing(STP) Revoked|High potential risk|

https://www.toroinvest.com

Website

Rating Index

Contact

+357 22 275730
info@toroinvest.com
https://www.toroinvest.com
62 Athalassas Avenue, Office 41 2012 Nicosia, Cyprus

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+357 22 275730

English

+39 0399745714

Other ways of contact

Broker Information

More

Company Name

FF Simple and Smart Trades Investment Services Ltd

Abbreviation

TOROINVEST

Platform registered country and region

Cyprus

Company website
Facebook

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 5
Previous Detection : 2024-07-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • CyprusCYSEC (license number: 080/07) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!
  • The GermanyBaFin regulation (license number: 151948) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The SpainCNMV regulation (license number: 4564) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

TOROINVEST · WikiFX Survey

Users who viewed TOROINVEST also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FBS

8.76
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

ATFX

8.50
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

J.P. Morgan

7.47
Score
Above 20 yearsRegulated in Hong KongDealing in futures contractsSelf-developed
Official website

TOROINVEST · Company Summary

GENERAL INFORMATION

TOROINVEST is the trading name for FF Simple and Smart Trades Investment Services Ltd, a Cypriot Investment Firm licensed and regulated by Cyprus Securities and Exchange Commission (CySEC) with license number of 080/07. Address at 62 Athalassas Avenue, Office 41 2012 Nicosia, Cyprus

TOROINVEST (www.toroinvest.com) is exclusively used as a brand name of FF Simple and Smart Trades Investment Services Ltd (CIF License 080/07). The broker warned that CFD are complex instruments and come with a high risk of losing money rapidly due to leverage. 89% of retail investor accounts lose money when trading CFDs with this provider. Therefore traders should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

ACCOUNT AND LEVERAGE

As you register and open accounts with Toroinvest as new to the platform, then your first 10 trades will be protected and if you lose, we will give your money back (see First Protected Positions). If you earn something, you get to keep the profits! Your capital will be at risk only after your first 10 trades. Sounds great!

But what doesn't seems interesting regarding this broker is their minimum deposit account of $200. It offers more the 8 types of trading account, lets look at each.

Novice account with minimum deposit of $200, Beginners account with minimum deposit of $2000, Intermediate account with minimum deposit of $5000, Advance account with minimum deposit of $10000, then Exper account with minimum deposit of $15000 and master account with minimum deposit of $30000, Genius account with minimum deposit of $50000, Prodigy account with minimum deposit of $75000 an then Virtuoso account with minimum deposit of $100000.

Leverage for Retail Accounts

The maximum trading account Leverage for Retail Clients is set at 1:30. If a lower Leverage applies for the traded instrument, then the lower Leverage prevails.

INSTRUMENT CATEGORY LEVERAGE

Major Currency Pairs CFDs 1:30

Non – Major Currencies Pairs CFDs 1:20

Commodities CFDs:

• GOLD 1:20

• Rest of Commodities 1:10

Indices CFDs:

• ASX 200, CAC40, DAX, Dow Jones, FTSE, Nasdaq, Nikkei, S&P 500 1:20

• Rest of Indices 1;10

Single Stocks CFDs 1:5

ETF CFDs 1:5

Synthetic Derivatives CFDs 1:5

Cryptocurrencies CFDs: 1:2

Protected Positions 1:20

TRADING INSTRUMENTS

With Toroinvest, you can trade in different financial instruments like CFD, ETF, shares, forex, commodities, stocks, and cryptocurrencies

CFD

The contract for difference (CFD) allows you to trade the value of an asset. There is no need for you to own it. That is the key feature of online trading with CFDs.

ETFs

Toroinvest gives you the proper tools to invest in CFDs of ETFs online, as they follow the EU rules and regulations strictly.

SHARES

Toroinvest provides you the opportunity to trade shares of a broad portfolio of companies through Contracts for Difference (CFDs).You will find all the most prominent names worldwide, and you can trade them without the hassle of owning, keeping, and trading an actual share. That is why you do not have to deal with the regulations that traditional investors face.

INDICES

The purpose of every index is to indicate the wholesome performance of a particular market. You cannot trade Indices on an exchange, so one of the options of investing is through CFDs.

FOREX

The daily amount of money traded on the Forex market is estimated to 6.6 trillion USD traded daily. On this market people and institutions are trading currencies against each other as exchange rate pairs. On forex you can find around 180 official currencies, but a major part of the trades happens with the following ones: U.S. dollar, Euro, British pound, Japanese yen. In terms of popularity, the Australian dollar, the Canadian dollar and the N. Zealand dollar follow. Swiss Franc is within the list of the popular currencies as well.

COMMODITIES

Commodities are any basic goods that are used as an input in the production of other goods or are required for a certain service. Commodities could be traded for other goods in commerce, even if their qualities are different from one another, as they follow some basic grade standards that change every year.

What can you trade in Toroinvest?

The CFDs of Commodities can be sorted into several basic categories: metal, energy, livestock, agricultural, and meat.

SYNTHETIC DERIVATIVES

Trade CFDs on Synthetic Derivatives with Toroinvest

When referring to “Synthetic Derivatives” we mean derivatives that simulate its underlying asset (that maybe a commodity, an index, a share etc.) altering on the same time key characteristics like the price calculation. Synthetic Derivatives are complex products due to the complex methodology used for their price calculation.

TRADING PLATFORM

Toroinvest does not MetaTrader 4 or MetaTrader 5, instead Toroinvest invites you to the world of PROfit. It provides you with the right gear for the quest for your most satisfying trade. Their platform gives you access to the global markets and has many handy features. Traders can Take advantage of their tools for trading awareness, such as Marketing news. You can check what other traders do about a certain symbol through the “Trading insider” feature. You can dominate the technical analysis, great to one of the best features in Toroinvests instrumentarium – the Autochartist. Let us pass through all the key elements, functionalities, and goodies of the PROfit

Choose your trading tool from over 300 CFDs available

Toroinvest provide online trading of over 300 CFDs of market instruments such as currencies, commodities, shares, indices, and even synthetic derivatives. With their platform you can start with your favorite big tech company or the currency of your favorite foreign country. If you are following the news, you can try your forecasting skill with a commodity. Indices are specially for people with some inclination towards finance in general.

Handy functionalities: stop loss and take profit

The stop loss and take profit functionalities are highly convenient tools for spare some time. In short, they will close the position when a preset amount of loss or profit is reached. You can trade with the assurance that the loss will not be greater than the one you have set. On the other hand, when the desired profit is reached, the position will be closed, and you will be reassured that you have not missed the desired trading opportunity.

These two options represent just some of the many intelligent features. Their Customer Support Team will lead you through all the functionalities that will help you make the most out of their trading platform.

Toroinvest also provides traders with a mobile Trading App.

DEPOSIT AND WITHDRAWAL METHOD

Toroinvest accept deposit of funds via Skrill, Neteller, Master card, Diners club International, Rapid Transfer and My bank.

CUSTOMER SERVICE

As we always suggest that, better customer support team is one of the key to consider when choosing a good broker, here at TOROINVEST they did great to provide enough and experienced customer service team that are ready to respond to their clients enquirie. Traders can Let them know if they have any questions or in need of any help.

And also you can contact their customer support team on any of the below email addresses, depending on the type of enquiry you want make. And this looks interesting

COMPANY INFORMATION:

Email: info@toroinvest.com

COMPLAINTS:

Email: complaints@toroinvest.com

PHONE

+357 22 275730

DEALING:

Email: dealing@toroinvest.com

Tel: + 357 94 059 365

BACK OFFICE:

Email: backoffice@toroinvest.com

ADDRESS: 62 Athalassis Avenue, 4th Floor, Office 41, 2012 Strovolos, Nicosia, Cyprus

CUSTOMER SERVICE NUMBER

Phone : +390399745714

Monday to Friday: 8.00 – 20.00 GMT+2

CUSTOMER SERVICE:

Email: customer.service@toroinvest.com

News

Small Business Optimism, IMF Outlook, Fed Speakers: 3 Things to Watch

NewsSmall Business Optimism, IMF Outlook, Fed Speakers: 3 Things to Watch

2022-10-11 13:55

Stocks fell again on Monday as investors await the minutes of the Federal Reserve’s September meeting and data on inflation later this week.

WikiFX
2022-10-11 13:55
News
Small Business Optimism, IMF Outlook, Fed Speakers: 3 Things to Watch
S&P 500 Slips as Rout in Chips Weighs

NewsS&P 500 Slips as Rout in Chips Weighs

2022-10-11 13:49

The S&P 500 fell Monday, driven by a chip-fueled decline in tech after the White House unveiled new export restrictions on U.S. companies selling semiconductor chips and other chip-making equipment to China.

WikiFX
2022-10-11 13:49
News
S&P 500 Slips as Rout in Chips Weighs
Fed Talk Hits Oil Rally Like Drone, China Import Quotas Don’t Help

NewsFed Talk Hits Oil Rally Like Drone, China Import Quotas Don’t Help

2022-10-11 13:42

Crude prices reversed from their one-way track of the past five sessions to settle lower on Monday as the dollar and U.S. bond yields took flight instead over renewed worries about impending Federal Reserve rate hikes.

WikiFX
2022-10-11 13:42
News
Fed Talk Hits Oil Rally Like Drone, China Import Quotas Don’t Help
WIKIFX REPORT: Malaysia Q2 GDP Surges 8.9% in Post-Pandemic Boom

NewsWIKIFX REPORT: Malaysia Q2 GDP Surges 8.9% in Post-Pandemic Boom

2022-08-16 13:47

Malaysia’s economy grew at the fastest clip in a year, fueled by a surge in consumption underpinning the recovery of services and manufacturing, boosting the central bank’s scope to focus on fighting inflation.

WikiFX
2022-08-16 13:47
News
WIKIFX REPORT: Malaysia Q2 GDP Surges 8.9% in Post-Pandemic Boom

Review 3

3 Comments
Write a comment
All(3) Latest Positive(1) Exposure(2)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong China

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com