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Torroso Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-29 14:37

Abstract: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.

Torroso Review Summary
Founded2023-01-26
Registered Country/RegionMauritius
RegulationUnregulated
Market InstrumentsForex/Shares/Commodities/Precious Metals/Indices/Futures
Demo Account✅
LeverageUp to 1:500
SpreadFrom 0.0 pips
Trading PlatformMT5(Desktop/Mobile/Web)
Min Deposit$50
Customer SupportPhone: 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.

Torroso Information

Pros and Cons

Pros Cons
MT5 availableUnregulated
Leverage up to 1:500No 24/7 customer support
Spread as low as 0.0 pipsNegative 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.

Is Torroso Legit?
Is Torroso Legit?
Is Torroso Legit?

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❌
What Can I Trade in Torroso?

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 StandardPro
Base currencyUSD, EUR, GBP, PLN, AEDUSD, EUR, GBP, PLN, AED
Leverage1:5001:500
Spreadvariable0.5 pips better
CommissionNoNo
Swap chargeYesYes
Minimum deposit$50$20000
Account Type
Account Type

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.

Torroso Fees
Torroso Fees

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 PlatformSupported Available Devices
MT5✔Desktop/Mobile/Web
Trading Platform

Deposit and Withdrawal

  The minimum deposit is $50. Deposit and withdrawal channels include bank transfer, Help2pay, Paytrust, and Payment Asia.

Deposit and Withdrawal
Deposit and Withdrawal

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
Email 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.
Customer Support Options
Customer Support Options

  

Related broker

No Regulation
Torroso
Company name:Torroso LTD
Score
2.04
Website:https://www.torroso.com/
2-5 years | Suspicious Regulatory License | MT5 Full License | Regional Brokers
Score
2.04

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