✔️ Information reviewed and updated in June 2024 by Eduardo López

IS Toro Trade PRO RELIABLE? OPINIONS

In this post I will analyze Toro Trade PRO. Is the broker for forex, indexes, gold, silver, oil, natural gas, CFDs and cryptocurrencies Toro Trade PRO (with torotradepro.com website) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.

I will explain to you why I think Toro Trade PRO is an UNSAFE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!


ℹ️ BROKER DATA:

Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
Company typeforex broker, indexes, gold, silver, oil, natural gas, CFDs and cryptocurrencies
(I.e. Company First Prudential Markets Pty Ltd
🕑 Website ageYour registration date was: July 4, 2023 (very recent)
📄 RegistrationSan Vicente y las Grenadines
🛡️ RegulapainFinancial Sector Conduct Authority in South Africa fsca 
???? AddressUnited Kingdom
🌐 Websitetorotradepro.com
📧 EmailDoes not have
️ ️ PhoneDoes not have
???? Live ChatNo
💳 Payment methodsNot mentioned

📞 LIST OF PHONE NUMBERS:

The company does not mention any contact telephone number. The lack of means of contact makes me a little nervous. It is not normal.


💰 DEPOSITS AND ACCOUNTS:

Here is a small analysis of the types of plans/accounts that Toro Trade PRO offers; They are divided into 4 plans/accounts. Here is a table with a little more information about minimum deposits by type of plan/account.

TYPE OF plans/accountsMINIMUM INITIAL DEPOSIT
BRONZE $1,000
SILVER$5,000
GOLD$25,000
PLATINUM$50,000


🌐 WEBSITE – WEBSITE:

Below you will see the company's website and a small analysis about the website:

Toro Trade PRO website
  • Age of the website: the domain “torotradepro.com” was registered on July 4, 2023. That is, it is a website that is not very old. 🚩
  • The website mentions which company it belongs to, but I have not been able to find “First Prudential Markets Pty Ltd” in company records. I think it may be a fake company. 🚩
  • The company mentions being regulated by a very unsafe regulator, as is the case of South Africa . 🚩

⭐ OPINION OF Toro Trade PRO:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The company mentions being located in the UK, but I think they are trying to mislead about their location. I recommend extreme caution.

2) The company has been reported by the following financial regulator(s): FCNMV, National Securities Market Commission. It is a very unsafe company, be careful.

3) The company mentions being regulated by a very unsafe regulator such as South Africa .

4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.

5) I think the company has very little seniority or history. As I mentioned, I was able to check that the domain “torotradepro.com” was registered on July 4, 2023. It is very recent.

“To be completely honest, I would be wary of this company – it is regulated in South Africa (unreliable regulation). It claims to be associated with First Prudential Markets Pty Ltd, a company that appears to be fictitious. I honestly cannot endorse or recommend a company with this type of track record.”


💬 WHAT TO THINK OF A COMPANY LIKE Toro Trade PRO?:

Toro Trade PRO raises serious concerns for investors, mainly due to its lack of transparency and dubious track record. Firstly, the company claims to be located in the United Kingdom, but there are signs suggesting this could be misleading. This lack of clarity about its location initially creates distrust and raises questions about the integrity of the company.

In addition, Toro Trade PRO has been the subject of complaints from the CNMV, the National Securities Market Commission, which highlights its lack of reliability and security. Partnering with untrustworthy financial regulators, such as South Africa, also raises red flags about the legitimacy of the company and the protection it offers investors. This lack of robust regulation greatly increases the risks for those considering investing in this platform..

Additionally, the company has a negative reputation online, with numerous customer complaints raising concerns about its services and operations. Added to this, the fact that the domain “torotradepro.com” has been recently registered adds another layer of uncertainty about its history and experience in the market. In light of these circumstances, investors are strongly advised to exercise extreme caution and consider more reliable and transparent alternatives for their investments.


📣 LATEST UPDATES:

1) Update June 2024: la CNMV, National Securities Market Commission, has denounced Toro Trade PRO.


✔️ CLAIM MONEY FROM Toro Trade PRO:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can start capital recovery.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT Toro Trade PRO:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

Is Toro Trade PRO a scam – is it a scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

What is Toro Trade PRO?

Toro Trade PRO is an investment broker in forex, stocks, gold, silver, oil, natural gas, CFDs and cryptocurrencies

Is Toro Trade PRO reliable?

Toro Trade PRO is a company that I consider NOT RELIABLE. It has characteristics that make it a very unsafe company: be very careful.

How to get money back from Toro Trade PRO?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (101 votes)

2 comments on «IS Toro Trade PRO RELIABLE? OPINIONS»

  1. Hugo Reply

    They want me to become a client, I'm scared, I don't want to lose my savings or be scammed. do you have information? Thank you so much!.

    • reliableforexbroker.com Reply

      Hello Hugo, Toro Trade PRO is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.

      They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).

      When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you

      Greetings.

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