Brokers  /  ToraFX

ToraFX

Severe risk
Comoros · < 1 year · since 2025-09-12 · TORAFX
Unregulated
Visit site ↗
3.2/5
★★★★★ ★★★★★
1 reviews ›
0
Licenses ›
1
Withdrawal issues ›
$0
Min. deposit ›
1:200
Max leverage ›
4
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: Pro Gold · $0Bonus · $10PRO ECN · $200ECN · $15
▲ 0% positive▼ 100% negative
Independent ratingshow third parties score this broker
WikiFX1.7/10
Trustpilot3.2/5
Forex Peace Army—/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 10 months old
  • Registered in Comoros (offshore, light oversight)
  • Withdrawal complaints in ~100% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age9215%
Clone / impersonation012%
Withdrawal & exposure complaints612%
Offshore registration808%
Transparency (site/info/social)2510%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameTORAFX
Headquarters Comoros
Founded2025-09-12
Years operating< 1 year
Employees0
Official websitetorafx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
Hamchako, Mutsamudu, Autonomes Island of Anjouan Union of Comoros

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
Pro Gold1:200$0up to 1$0✓
Bonus1:200$10--$3 per Lot✓
PRO ECN1:500$200from 0–1$4 per Lot✓
ECN1:500$15from 3$3 per Lot✓

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.35)

Across 1 recent Trustpilot reviews, 100% are 1–2 star. The single most common complaint is being unable to withdraw funds (1 reports) — the classic warning sign in forex.

0
Period:
What users complain about
Where reviewers are from
🇮🇳 IN1

Real user reviews

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About ToraFX

ToraFX is a forex and CFD broker based in Comoros, with records dating to 2025-09-12. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

On Trustpilot, ToraFX holds a real-user score of 3.2/5 across 1 reviews. Withdrawal problems appear 1 times — always test a small withdrawal first.

Overview compiled by FXCanary from regulatory records and public data. full ToraFX review