TOUROAN INTERNATIONAL-Overview of Minimum Deposit, Spreads & Leverage
Abstract：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.
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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