Toro FX broker review

Avarage rating: 5 / 5
5
Reviews counted: 3
09/08/2022

Toro-FX.com is a brokerage which can be called a turnkey for sure. You can trade in one place in one click more than 1000 assets. And for your convenience you can trade different types of assets like CFDs on Forex, Crypto, Stocks and Indices. The brokerage is equipped with an industry-leading platform and innovative MetaTrader 5 which already gained popularity and earned a solid reputation as the best-performing trading tool.

Toro FX will provide you with a great trading experience with minimal risks if you are a beginner or already advanced trader. Constant updates, low spreads, the latest technological solutions, and instant execution with some trades – that’s what the platform can offer you. The brokerage is reliable and trusted by more than 73 000 active traders all over the World. Trading capital volume is already $214 482 221. You can trade in Bitcoin, Ethereum, Litecoin, Ripple, and Bitcoin Cash.

The platform can interest you with zero deposit fees, no hidden commissions and 50% bonus offering. For your comfortable trading experience, there are more than 20 payment methods. You can deposit funds via ATM, at the bank branch, or using your mobile and online banking. Simple, just like that.

Account Types

Toro FX has four different account types: Basic, Advanced, Platinum and VIP accounts. With this variety you will definitely find that type which servers your needs and trading strategies the best. Account currency is USD/EUR/GBP and if you wish you can also deposit with crypto. There are no limitations on asset classes in all the account types. For you to became familiar with trading world and get into deeper crypto waters, Toro-FX prepared free education materials. You can learn and earn money on your investments the same time.

Each account offers 0% commission.

You have an option to turn on the Islamic Account, which you can do just in one click.

Visit: https://Toro-FX.com

Type: Broker

Advantages

Small starting deposit

Toro-FX has a great advantage over competitors – low starting point. You can begin trading with as little as $50 which is even less than one grocery shopping trip. But if you want to go big, there are no limitations for your trading ambitions.

etoros.com review img

Smooth deposit and withdrawal

There is no commission or unexpected fees to deposit or withdraw money. You can choose 20+ payment methods, you can deposit with crypto or fiat money online or at your local branch. Depositing and withdrawal are instant.

Funds security

The brokerage is trying hard to provide for their customers complete security of funds and personal data. There are segregated accounts in accordance with international regulation standards and SSL-secured personal area protection with 128-bit encryption in place.

ToroFX requires to submit your personal ID scan and address proof for your account verification.

To withdraw your funds, you will receive an email confirmation so no one else can access your money.

Advanced cyber technology allows the platform to secure your personal data as well.

Innovative MetaTrader 5

MT5 – is an exceptional tool, highly-technical with fast execution speeds, great customizability and with professional insightful market analytics. MetaTrader 5 supports pending, market, stop, and trailing stop orders. With that variety, you are able easily to fulfill your fullest trading potential.

MT5 has 44 analytical objects which are easily can be customized for your taste.
MetaTrader has unique technical indicators: Trend Oscillators, Volume Indicators, and Bill Williams’ Tools. You can also overlap indicators on one chart for better control. While playing with those indicators, you can adjust your trading strategies and achieve a better level of your trading abilities.

Toro FX allows MT5 to provide automated trading. Trades made by trading robots can execute much faster than by humans, so you can get the best deal ever without any effort or constant checking your portfolio.

MetaTrader 5 Web-platform

You don’t need to install or download any software application. Just use a web-browser of your preference, any operating system (Windows, Linux, and macOS) and start trading like a pro.

MT5 App

If you want to trade or check your portfolio on your vacation time or in any place around the Globe, you can easily do it with MetaTrader App. All you need for that is a smartphone and some internet. Toro FX has solutions for iOS and Android.

Promotions

Signing up with Toro-FX.com is effortless and fast. And with your each deposit, you can increase your money up to 100%. Just activate your free 50% bonus on the amount of your deposit. Also, you can get a reward through affiliate program inviting your friends to join ToroFX. And there is even more: you will get a commission per volume traded by your friends.

Disadvantages

Requirement to provide an ID

Toro FX requires you to scan personal ID and provide a proof of your address. They are doing it for your protection, but some people find it irritating and consider it as an extra step in a way of their trading.

Absence of Demo Account

When people are got introduced to a new brokerage, they would prefer to test it out first. Toro FX doesn’t offer any type of demo account. But their minimal deposit is only $50 which is less than average for other brokerages.

The Verdict

Conclusions

ToroFX is decent brokerage with respectable reputation and innovative industry-best performing MetaTrader 5. Zero commissions, easy depositing and withdrawing funds, trading different types of assets and algorithm trading are the features which make Toro-FX.com one of the best deals in the market.

You can trade CFDs on Forex, Crypto, Stocks and Indices all in one place with simple actions in one click and even with minimal understanding of trading world. To get a better idea of trading, you can explore the educational materials of the platform or simply to get a hold of your personal manager. Each account type goes with a help of trading pro.

Low minimal deposit, low spreads and instant execution of orders will give you a taste of easy-going trading experience.

User Reviews
Write Review
Avarage rating: (100%)
Reviews counted: 3
09/10/2022, 15:11
5 5
Everyone would share a different point of view based on what worked for them. It has nothing to do with how it will prove when you are using it. This is because different brokers work differently with different brokers as all traders have their own trading goals and trade their way. I recommend Toro FX in this review because I got money with them.
08/30/2022, 17:47
5 5
I’ve only had really good experiences with ToroFX and really like how well the copy trading feature works on my mobile device (iOS). After having tried several brokers, I found that eToros was the most straight-forward and easy to use, even with my limited experience.
08/20/2022, 10:45
5 5
eToros is a well-known fintech company and a social trading broker, established couple years ago. Toro-FX serves its clients for good. I am onne of this clients and my profits groves.
Leave Comment

Your comment sended successful. Thanks for leaving a comment!