✔️ Information reviewed and updated in December 2023 by Eduardo López
Opinions and information about the TOLTECHFX broker
¿It is the truly reliable TOLTECHFX (also known as toltechfx.com) broker? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The TOLTECHFX broker is a broker of: Forex, Futures and CFDs.
The broker mentions to be part of: NewTraders Holdings Ltd.
TOLTECHFX is based in: Saint Vincent and The Grenadines.
If we talk about regulation, the TOLTECHFX broker does not mention absolutely anything about being regulated, TOLTECHFX is an unregulated broker.
We will continue to analyze the different account types that TOLTECHFX offers. In the case of TOLTECHFX we notice that it has 4 different plans or types of accounts: the Micro Account, the Standard Account, the Privileged Account and the VIP Account.
Micro account: minimum initial deposit of $100, leverage up to 1:500, 1 pip spread, 0.01th decimal, market execution, minimum trade size 150 lot, maximum simultaneous open orders 40, margin/stop call level 10%/XNUMX%.
Standard Account: minimum initial deposit of $500, leverage up to 1:300, 1 pip spread, with telephone trading, fund management, 0.01th decimal, market execution, minimum trade size 250 lot, maximum simultaneous open orders 50, margin/stop call level 20% /twenty%.
Privileged Account: minimum initial deposit of $25.000, leverage up to 1:100, spread 0.6 pips, with telephone trading, fund management, fifth decimal, market execution, minimum trade size 0.01 lot, maximum simultaneous open orders 300, margin/stop call level 50% /twenty%.
VIP account: minimum initial deposit of $100.000, leverage up to 1:100, spread 0.2 pips, with telephone trading, fund management, fifth decimal, market execution, minimum trade size 0.01 lot, maximum simultaneous open orders 150, margin/stop call level 50% /twenty%.
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The trading platforms used are: the MT4 platform.
Now, yes, we will go on to analyze the different resources and aids that the company provides to traders on its website: some explanations of the products that TOLTECHFX offers, explanation of basic concepts in the world of investments, some live graphs, economic calendar , financial events news, pips calculator, really not much else.
Additional information about the company
Phone number: +123-(547)-257
Clarification: The TOLTECHFX investment company works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and/or Spain.
* Bonuses or promotions: None by the moment
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.
Because? It is an unregulated broker and is based in a very unsafe country (Saint Vincent and the Grenadines), when searching for information and other reviews about TOLTECHFX we found a large number of negative reviews.
October 2020 update: CNMV, Spanish financial regulator, has reported TOLTECHFX, due to fraudulent activities.
November 2020 update: CONSOB, Italy's financial regulator, has reported TOLTECHFX, due to fraudulent activities.
March 2021 update: CONSOB, Italy's financial regulator, has reported TOLTECHFX, due to fraudulent activities.
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