TradeToro Review: is Trade Toro a Scam or Legit Broker?

TradeToro Review: Scam or Legit Broker? TradeToro.com is a forex and cryptocurrency cfd broker that offers trading in a huge range of assets spanning commodities, indices, stocks, currency pairs and cryptocurrencies. They have their address at Tornimae 5, Tallinn, 10145 Estonia and they are owned and operated by Bravos OU Harju maakond.

tradetoro review

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TradeToro TRADING PLATFORM

This broker uses the TraderSoft trading platform for CFD, Cryptocurrency and Forex trading.

DEPOSIT AND WITHDRAWAL METHODS

The available methods are Bank Wire transfer, MasterCard, Visa, Bitcoin, Ethereum. The minimum deposit is $500

Is TradeToro LICENSED?

NO!  Trade Toro broker is not licensed. Therefore, no regulatory body is acting as a watchdog overseeing that they comply with best practices in the financial market.

SUPPORT

This broker offers support to its traders, they could be reached through phone calls or emails, whichever you prefer.

CONCLUSION

TradeToro is an unregulated broker, this is a source of major concern. When trading forex, cfd and cryptocurrency we always recommend you use a regulated broker that is licensed to trade financial instruments.

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COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK which makes client funds safe. They accept traders worldwide..visit their official website

DID YOU KNOW!! Most Autotrading softwares or robots claiming to turn you into a millionaire overnight are SCAMS. If you are in need of a legitimate software or robot that can help you trade profitably, see our recommendation HERE

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TradeToro
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Bruno

TRADETORO IS A SCAM Started trading with them in December of 2018, 250€ to start but they convinced me to invest 1000€ more so that i could get money faster. At the beginning they give me some trades, some profitable, others not. After losing 1/2 my account money with one of they trades i started trading on my one and i manage to raise my account up to 12000€. meanwhile i tried to withdraw some money, never successful.. They keep calling me in order to make some trades with them and to invest more money. when that happens i always… Read more »