Abstract:TOROINVEST is the trading name for FF Simple and Smart Trades Investment Services Ltd, a Cypriot Investment Firm licensed and regulated by Cyprus Securities and Exchange Commission (CySEC) with license number of 080/07. Address at 62 Athalassas Avenue, Office 41 2012 Nicosia, Cyprus TOROINVEST (www.toroinvest.com) is exclusively used as a brand name of FF Simple and Smart Trades Investment Services Ltd (CIF License 080/07). The broker warned that CFD are complex instruments and come with a high risk of losing money rapidly due to leverage. 89% of retail investor accounts lose money when trading CFDs with this provider. Therefore traders should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GENERAL INFORMATION
TOROINVEST is the trading name for FF Simple and Smart Trades Investment Services Ltd, a Cypriot Investment Firm licensed and regulated by Cyprus Securities and Exchange Commission (CySEC) with license number of 080/07. Address at 62 Athalassas Avenue, Office 41 2012 Nicosia, Cyprus
TOROINVEST (www.toroinvest.com) is exclusively used as a brand name of FF Simple and Smart Trades Investment Services Ltd (CIF License 080/07). The broker warned that CFD are complex instruments and come with a high risk of losing money rapidly due to leverage. 89% of retail investor accounts lose money when trading CFDs with this provider. Therefore traders should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
ACCOUNT AND LEVERAGE
As you register and open accounts with Toroinvest as new to the platform, then your first 10 trades will be protected and if you lose, we will give your money back (see First Protected Positions). If you earn something, you get to keep the profits! Your capital will be at risk only after your first 10 trades. Sounds great!
But what doesn't seems interesting regarding this broker is their minimum deposit account of $200. It offers more the 8 types of trading account, lets look at each.
Novice account with minimum deposit of $200, Beginners account with minimum deposit of $2000, Intermediate account with minimum deposit of $5000, Advance account with minimum deposit of $10000, then Exper account with minimum deposit of $15000 and master account with minimum deposit of $30000, Genius account with minimum deposit of $50000, Prodigy account with minimum deposit of $75000 an then Virtuoso account with minimum deposit of $100000.
Leverage for Retail Accounts
The maximum trading account Leverage for Retail Clients is set at 1:30. If a lower Leverage applies for the traded instrument, then the lower Leverage prevails.
INSTRUMENT CATEGORY LEVERAGE
Major Currency Pairs CFDs 1:30
Non – Major Currencies Pairs CFDs 1:20
Commodities CFDs:
• GOLD 1:20
• Rest of Commodities 1:10
Indices CFDs:
• ASX 200, CAC40, DAX, Dow Jones, FTSE, Nasdaq, Nikkei, S&P 500 1:20
• Rest of Indices 1;10
Single Stocks CFDs 1:5
ETF CFDs 1:5
Synthetic Derivatives CFDs 1:5
Cryptocurrencies CFDs: 1:2
Protected Positions 1:20
TRADING INSTRUMENTS
With Toroinvest, you can trade in different financial instruments like CFD, ETF, shares, forex, commodities, stocks, and cryptocurrencies
CFD
The contract for difference (CFD) allows you to trade the value of an asset. There is no need for you to own it. That is the key feature of online trading with CFDs.
ETFs
Toroinvest gives you the proper tools to invest in CFDs of ETFs online, as they follow the EU rules and regulations strictly.
SHARES
Toroinvest provides you the opportunity to trade shares of a broad portfolio of companies through Contracts for Difference (CFDs).You will find all the most prominent names worldwide, and you can trade them without the hassle of owning, keeping, and trading an actual share. That is why you do not have to deal with the regulations that traditional investors face.
INDICES
The purpose of every index is to indicate the wholesome performance of a particular market. You cannot trade Indices on an exchange, so one of the options of investing is through CFDs.
FOREX
The daily amount of money traded on the Forex market is estimated to 6.6 trillion USD traded daily. On this market people and institutions are trading currencies against each other as exchange rate pairs. On forex you can find around 180 official currencies, but a major part of the trades happens with the following ones: U.S. dollar, Euro, British pound, Japanese yen. In terms of popularity, the Australian dollar, the Canadian dollar and the N. Zealand dollar follow. Swiss Franc is within the list of the popular currencies as well.
COMMODITIES
Commodities are any basic goods that are used as an input in the production of other goods or are required for a certain service. Commodities could be traded for other goods in commerce, even if their qualities are different from one another, as they follow some basic grade standards that change every year.
What can you trade in Toroinvest?
The CFDs of Commodities can be sorted into several basic categories: metal, energy, livestock, agricultural, and meat.
SYNTHETIC DERIVATIVES
Trade CFDs on Synthetic Derivatives with Toroinvest
When referring to “Synthetic Derivatives” we mean derivatives that simulate its underlying asset (that maybe a commodity, an index, a share etc.) altering on the same time key characteristics like the price calculation. Synthetic Derivatives are complex products due to the complex methodology used for their price calculation.
TRADING PLATFORM
Toroinvest does not MetaTrader 4 or MetaTrader 5, instead Toroinvest invites you to the world of PROfit. It provides you with the right gear for the quest for your most satisfying trade. Their platform gives you access to the global markets and has many handy features. Traders can Take advantage of their tools for trading awareness, such as Marketing news. You can check what other traders do about a certain symbol through the “Trading insider” feature. You can dominate the technical analysis, great to one of the best features in Toroinvests instrumentarium – the Autochartist. Let us pass through all the key elements, functionalities, and goodies of the PROfit
Choose your trading tool from over 300 CFDs available
Toroinvest provide online trading of over 300 CFDs of market instruments such as currencies, commodities, shares, indices, and even synthetic derivatives. With their platform you can start with your favorite big tech company or the currency of your favorite foreign country. If you are following the news, you can try your forecasting skill with a commodity. Indices are specially for people with some inclination towards finance in general.
Handy functionalities: stop loss and take profit
The stop loss and take profit functionalities are highly convenient tools for spare some time. In short, they will close the position when a preset amount of loss or profit is reached. You can trade with the assurance that the loss will not be greater than the one you have set. On the other hand, when the desired profit is reached, the position will be closed, and you will be reassured that you have not missed the desired trading opportunity.
These two options represent just some of the many intelligent features. Their Customer Support Team will lead you through all the functionalities that will help you make the most out of their trading platform.
Toroinvest also provides traders with a mobile Trading App.
DEPOSIT AND WITHDRAWAL METHOD
Toroinvest accept deposit of funds via Skrill, Neteller, Master card, Diners club International, Rapid Transfer and My bank.
CUSTOMER SERVICE
As we always suggest that, better customer support team is one of the key to consider when choosing a good broker, here at TOROINVEST they did great to provide enough and experienced customer service team that are ready to respond to their clients enquirie. Traders can Let them know if they have any questions or in need of any help.
And also you can contact their customer support team on any of the below email addresses, depending on the type of enquiry you want make. And this looks interesting
COMPANY INFORMATION:
Email: info@toroinvest.com
COMPLAINTS:
Email: complaints@toroinvest.com
PHONE
+357 22 275730
DEALING:
Email: dealing@toroinvest.com
Tel: + 357 94 059 365
BACK OFFICE:
Email: backoffice@toroinvest.com
ADDRESS: 62 Athalassis Avenue, 4th Floor, Office 41, 2012 Strovolos, Nicosia, Cyprus
CUSTOMER SERVICE NUMBER
Phone : +390399745714
Monday to Friday: 8.00 – 20.00 GMT+2
CUSTOMER SERVICE:
Email: customer.service@toroinvest.com
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