Score

1.40 /10
Danger

TOUROAN INTERNATIONAL

Hong Kong

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.19

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
TOUROAN INTERNATIONAL · Company summary

General Information & Regulation

Established in 2000, TOUROAN INTERNATIONAL is headquartered in Hong Kong, with direct branches in the United States, Vanuatu and Sydney, Australia. TOUROAN INTERNATIONAL offers mainstream international investment products covering foreign exchange, precious metals, energy and major global indices. Although TOUROAN INTERNATIONAL claims that it is regulated by financial authorities, but there is zero evidence that it is regulated by which regulatory agency.

Market Instruments

Tradable financial instruments available on the TOUROAN INTERNATIONAL website include forex currency pairs, precious metals, energy and major global indices.

Minimum Deposit

In terms of minimum deposit requirement, TOUROAN INTERNATIONAL does not make this part clear. However, since this broker is an unregulated broker, then its account opening amount does not matter that much.

Managed Account Unavailable

TOUROAN INTERNATIONAL does not offer managed accounts at this moment, but it states that it is working on developing this service.

Demo Accounts Offered

TOUROAN INTERNATIONAL offers demo accounts for new traders to test trading environment and practice their trading strategies, with up to $100,000 in virtual capital.

Leverage

TOUROAN INTERNATIONAL offers dynamic leverage, from 100:1 to 500:1. Since leverage can amplify gains as well as losses, it is essential for traders to learn how to manage risks and choose the proper leverage amount.

Spreads & Commissions

TOUROAN INTERNATIONAL advertises that it offers floating spreads as low as 1 pip, but it does not specify detailed spreads on particular instruments. Obviously, this is an advertisement trying to attract new traders and scam them.

Trading Platform Available

TOUROAN INTERNATIONAL offers MT5 trading platform (available in PC and Mobile). The MT5 platforms offers powerful charting tools: more than 50 technical indicators and intraday analysis tools.

Deposit & Withdrawal

TOUROAN INTERNATIONAL does not tell us what payment methods working with it. In most cases, most brokers allow their traders to fund their accounts through credit card (VISA, MASTERCARD, MAESTRO), wire transfer, as well as some online payment processors including Skrill and Neteller.

Customer Support

The TOUROAN INTERNATIONAL customer support can be reached through email: support@atuoloan.com, as well as Whatsapp.

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