Score
Torroso
Mauritius|1-2 years| https://www.torroso.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
SingaporeContact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+230 6503636
Other ways of contact
Broker Information
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Torroso LTD
Torroso
Mauritius
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1：500 |
| Minimum Deposit | -- |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | No |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1：500 |
| Minimum Deposit | -- |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | No |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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Torroso · Company Summary
Company Summary
Company profile
Striving to become one of the leading No-Dealing Desk (NDD) Forex brokers, we use the Straight Through Processing (STP) model on an Electronic Communication Network (ECN) offering our clients the most competitive price thus trading more efficiently and transparently. Not only Forex, we also specialize in CFDs and Commodities; as well as Fibre Optic Communications and Fintech solutions for our global clients.
Founded and led by a team of successful and experienced professionals in different fields including Forex, Fintech and data security, we commit to provide our clients the best platforms. With high quality financial technology, our clients are able to experience leading-edge fintech services with the fastest execution speed with lowest spreads. Therefore, annually growing demand for our products as well as the network of clients have proved how effective our trading tools and services we offer to our clients.
Our Mission and Vision
Torroso was founded based on a mission to provide traders with secure and effortless trading transactions, along with low-cost access to foreign exchange markets.
Constantly updated with technology innovations in order to provide our clients with exclusive services and a professional trading environment, we vision to become a leading global partner in the financial services industry.
Institutional Grade Products
Unrivalled depth of market (up to 100 lot trades per click at 1:500 leverage)
Proprietary trade-order aggregation system decreasing spreads while increasing execution speeds and available markets
Customised account support with personal account manager with 24/6 live support
Virtual Private Servers (VPS), become your own brokerage
Institutional Partnerships and Affiliates
Affiliates services
Introducing Broker (IB)
Affiliates
White Label
Safety and Security
We are registered with the Financial Services Provider Registry (FSPR) and are a member of the Financial Services Complaints Limited (FSCL) dispute resolution scheme.
We are an NDD broker and we do not create markets.
Segregated accounts for the security and safety of your funds, with rapid withdrawal and deposits.
We offer access to the popular FX platform, MetaTrader 5.
| Torroso Review Summary | |
| Founded | 2023-01-26 |
| Registered Country/Region | Mauritius |
| Regulation | Unregulated |
| Market Instruments | Forex/Shares/Commodities/Precious Metals/Indices/Futures |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0.0 pips |
| Trading Platform | MT5(Desktop/Mobile/Web) |
| Min Deposit | $50 |
| Customer Support | Phone: 002306503636 |
| Email: support@torroso.com | |
Torroso Information
Torroso is a broker. There are 470+ instruments with a maximum leverage of 1:500 including forex, shares, commodities, precious metals, indices, and futures. The broker also provides demo accounts. The minimum spread is from 0.0 pips and the minimum deposit is $50. Torroso is still risky due to its unregulated status, high leverage, and bad reviews about difficulty withdrawing money.
Pros and Cons
| Pros | Cons |
| MT5 available | Unregulated |
| Leverage up to 1:500 | No 24/7 customer support |
| Spread as low as 0.0 pips | Negative comment about withdrawal difficulty |
| Demo account available | |
| 470+ trading instruments |
Is Torroso Legit?
Torroso is not regulated, even though it claims to be regulated by FSC. However, an unregulated broker is not as safe as a regulated one.
What Can I Trade in Torroso?
Traders can access 470+ investments that the broker provides forex, shares, commodities, precious metals, indices, and futures.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Shares | ✔ |
| Futures | ✔ |
| Precious Metals | ✔ |
| Indices | ✔ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
Torroso provides standard and pro accounts with different minimum deposits and spreads. Traders with a small budget can choose a standard account. Newbies can also practice with a demo account.
| Account Type | Standard | Pro |
| Base currency | USD, EUR, GBP, PLN, AED | USD, EUR, GBP, PLN, AED |
| Leverage | 1:500 | 1:500 |
| Spread | variable | 0.5 pips better |
| Commission | No | No |
| Swap charge | Yes | Yes |
| Minimum deposit | $50 | $20000 |
Torroso Fees
The spread is from 0.0 pips;the commission is free in standard accounts except for stock-based CFDs; and the swap charges. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
Trading Platform
Torroso has an authoritative MT5 trading platform available on Desktop, Mobile, and Web. MT5 not only provides various trading strategies but also implements EA systems.
| Trading Platform | Supported | Available Devices |
| MT5 | ✔ | Desktop/Mobile/Web |
Deposit and Withdrawal
The minimum deposit is $50. Deposit and withdrawal channels include bank transfer, Help2pay, Paytrust, and Payment Asia.
Customer Support Options
Traders can contact Torroso via phone and email in multi-language during working days between 9 am -5 pm.
| Contact Options | Details |
| Phone | 002306503636 |
| support@torroso.com | |
| Supported Language | English/Vietnamese/French/German/Italian/Chinese/Korean |
| Website Language | English/Vietnamese/French/German/Italian/Chinese/Korean |
| Physical Address | Physical & Registered office: Legacy Capital Level 2, Suite 201, The Catalyst, 40 Silicone Avenue, Cybercity, Ebene. |
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