Overview Of Torroso
Torroso Is A Broker That Offers Diversified Trading Tools And Flexible Trading Conditions, Providing Traders Around The World With A Wealth Of Investment Options. However, Its Unregulated Status And Potential Withdrawal Issues Pose Risks For Investors. Here Is A Detailed Analysis Of It.
Advantages And Disadvantages Of Torroso
Advantages
MT5 Platform: Torroso Offers A Powerful MT5 Platform That Supports Desktop, Mobile And Web-side Operations.
High Leverage Ratio: Allows Traders To Use Leverage Up To 1:500, Amplifying Potential Gains.
Low Spread: The Lowest Spread Is 0.0 Pips, Providing Traders With More Competitive Trading Conditions.
Demo Account: Beginners Can Practice Using A Demo Account Without Taking The Risk Of Real Money.
Diversified Trading Tools: More Than 470 Trading Instruments Are Available, Covering Forex, Stocks, Commodities, Precious Metals, Indices And Futures.
Disadvantages
Unregulated: Torroso Is Not Supervised By Any Regulatory Authority, Increasing The Risk For Investors.
Limited Customer Support: Customer Support Is Only Available From 9am To 5pm On Weekdays And Does Not Support 24/7 Service.
Withdrawal Issues: There Is Negative Feedback About Withdrawal Difficulties That May Affect Liquidity Of Funds.
Lack Of Transparency: Despite Claiming To Be Regulated By The FSC, Its Actual Regulatory Status Is Unclear, Increasing The Risk Of Trust.
Tradable Tools
Torroso Offers A Wide Range Of Trading Tools Covering The Following Categories:
Forex (Forex): Includes Major And Minor Currency Pairs Such As EUR/USD, GBP/JPY.
Commodities: Energy Commodities Such As Crude Oil, Natural Gas, Etc.
Stocks: Offers A Variety Of International Stock Trading.
Futures: Covers Major Futures Markets.
Precious Metals: Such As Gold, Silver, Etc.
Indices: Such As S & P 500, NASDAQ, Etc.
Torroso Does Not Offer Trading In ETFs, Bonds, And Mutual Funds.
Account Types
Torroso Offers Two Account Types To Meet The Needs Of Different Traders:
- Standard Account
Minimum Deposit: 50 Dollars
Leverage: 1:500
Spread: Floating, Minimum From 0.0 Pips
Commission: Free
Overnight Fee: Supported
Supported Currencies: USD, EUR, GBP, Polish Zloty, UAE Dirham
- Professional Account >
Minimum Deposit: $20,000
Leverage: 1:500
Spread: Lower, From 0.5 Pips
Commission: Commission Free
Overnight Fee: Support
Supported Currencies: USD, EUR, GBP, Polish Zloty, UAE Dirham
Professional Account Suitable For High Net Worth Traders And Institutional Investors, Offering Better Trading Conditions.
Fees And Spreads
The Fee Structure Of Torroso Is As Follows:
Spreads: Minimum Starts From 0.0 Pips, Depending On The Trading Instrument And Account Type.
Commissions: Both Standard And Professional Accounts Are Free Of Commissions, But There Is An Overnight Fee.
Liquidity: The Lower The Spread, The Faster The Transaction Execution And The Higher The Liquidity.
Trading Platform
Torroso Provides The MetaTrader 5 (MT5) Platform And Supports The Following Devices And Operating Systems:
Desktop: Windows, MacOS, Linux
Mobile: IOS And Android Devices
Web: Use Directly In The Browser
MT5 Provides A Variety Of Trading Tools And Chart Analysis Functions, And Supports EA Automated Trading Systems To Help Traders Optimize Trading Strategies.
Deposit And Withdrawal
Torroso Offers Flexible Deposit And Withdrawal Methods With A Minimum Deposit Of 50 Dollars. Available Payment Methods Include:
Bank Transfer, Help2Pay, Paytrust, Payment Asia
Please Consult Customer Support For Specific Withdrawal Times And Service Fees.
Customer Support
Torroso's Customer Support Team Offers Multilingual Services. Supported Languages Include English, Vietnamese, French, German, Italian And Chinese. Customers Can Be Reached At:
Phone: 002306503636 (weekdays Only, 9am-5pm)
Email: Support@torroso.com
Please Note That Torroso Does Not Offer 24/7 Customer Support.
Contact
The Official Contact Details Of Torroso Are As Follows:
Phone: 002306503636
Email: Support@torroso.com
Office Address: Legacy Capital Level 2, Suite 201, The Catalyst, 40 Silicone Avenue, Cybercity, Ebene.
Summary
Torroso Attracts Many Traders With Its Diverse Trading Tools, High Leverage And Low Spreads. However, Its Unregulated Status And Withdrawal Difficulties Pose Latent Risks For Investors. Traders Choosing Torroso Should Carefully Evaluate Its Pros And Cons And Fully Understand Its Operating Model And Terms Of Service Before Placing A Live Trade.
