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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

ToroCoin

United States United States | 2-5 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://torocoin.io/

Website

Rating Index

Contact

+44 1579558181
https://torocoin.io/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United States
Operating Period
2-5 years
Company Name
ToroCoin
Customer Service Email Address
support@torocoin.io
Contact Number
+441579558181
Company Website
Account
Website
Genealogy
Related Companies
Company Summary
Wiki Q&A
Comment

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Official Website

Website

  • torocoin.io
    104.21.59.70
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Genealogy

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ToroCoin

Related Companies

TOROCOIN INC.(Delaware (United States))
United States
TOROCOIN INC.(Delaware (United States))
Active
United States
Registration No.6740287
Established
Related sourcesWebsite Announcement

Review summary

ToroCoin is a retail brokerage operating for 2-5 years and is registered in the United States. However, the entity holds no valid regulatory licenses from authoritative financial bodies for forex trading, placing it entirely outside mainstream regulatory oversight. A review of its profile classifies its business scope as suspicious. It offers a tiered account structure from Basic to Diamond, with the Basic account requiring a minimum deposit of $250, although specific leverage and spread details are not explicitly listed. The WikiFX Score of 1.43 reflects a very high-risk profile. As an unregulated entity, client funds are not protected by any recognized financial compensation scheme, and traders have no formal recourse in case of disputes. Overall, this is a high-risk entity due to its complete lack of regulation and oversight. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-07)

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is ToroCoin safe and reliable?

Based on its WikiFX score and regulatory status, ToroCoin exhibits a very high-risk profile. The broker holds a low WikiFX Score of 1.43, which reflects significant concerns. Most critically, it operates with no valid regulatory licenses from any recognized financial authority. This means client funds are not protected under any compensation scheme and there is no formal oversight of its operations. Consequently, trading with this entity involves a high degree of risk.

6h
United States

Is ToroCoin regulated?

No. According to WikiFX assessment, ToroCoin is not regulated. A check of its licensing shows it does not hold any valid regulatory authorization for forex or CFD trading from established financial bodies such as the NFA, ASIC, FCA, or CySEC. The entity is registered in the United States but lacks the necessary licenses to operate as a regulated retail broker in that jurisdiction or elsewhere.

6h
United States

What is the minimum deposit of ToroCoin?

ToroCoin offers a tiered account structure. The minimum deposit for its entry-level Basic account is $250. Higher-tier accounts (Silver, Gold, Platinum, Diamond) have higher entry requirements, such as $10,001 for the Silver account and over $100,001 for the Platinum account.

6h
United States

Does ToroCoin support MT4 or MT5?

WikiFX data indicates that ToroCoin offers a software index score of 4.0, which suggests it provides a functional trading platform environment. While specific platform names like MetaTrader 4 or 5 are not explicitly listed in the available profile, the software score and account features like support for Expert Advisors (EA) imply compatibility with common trading platforms.

6h
United States
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