TOREFURE Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-28 18:22

Abstract：　　TOREFURE is a newly established forex broker registered in the United States. The tradable instruments with a maximum leverage of 1:100 include forex, energies, metals, indices, and cryptocurrencies. The broker also provides one trading account. The minimum spread is from 0.1 pips and the minimum deposit is not required. TOREFURE is still risky due to its unregulated status.

TOREFURE Review Summary
Founded	2024-06-01
Registered Country/Region	United States
Regulation	Unregulated
Market Instruments	Forex/Energies/Metals/Indices/Cryptocurrencies
Demo Account	❌
Leverage	Up to 1:100
Spread	From 0.1 pips
Trading Platform	Tradingweb (Windows/MAC/iOS/Android)
Min Deposit	/
Customer Support	Email: support@torefure.com

TOREFURE Information

　　TOREFURE is a newly established forex broker registered in the United States. The tradable instruments with a maximum leverage of 1:100 include forex, energies, metals, indices, and cryptocurrencies. The broker also provides one trading account. The minimum spread is from 0.1 pips and the minimum deposit is not required. TOREFURE is still risky due to its unregulated status.

Pros and Cons

Pros	Cons
Leverage up to 1:100	Unregulated
Various tradable instruments	Demo account unavailable
Spread as low as 0.1 pips	Inaccessible office website
	MT4/MT5 unavailable

Is TOREFURE Legit?

　　TOREFURE is not regulated, making it less safe than regulated brokers.

What Can I Trade on TOREFURE?

　　Traders can choose different investment directions because the broker provides traders with forex, energies, metals, indices, and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
Energies	✔
Metals	✔
Indices	✔
Cryptocurrencies	✔
Bonds	❌
ETFs	❌
Mutual Funds	❌

Account Type

　　TOREFURE only offers one trading account. And in a way, that's a good thing. Because it means you're not penalized when it comes to fees. However, no demo account is offered for beginners to practice with. And no detailed information is available either.

TOREFURE Fees

　　The spread is from 0.1 pips. The lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is 1:100 meaning that profits and losses are magnified 100 times.

Trading Platform

　　TOREFURE provides its proprietary platform, Tradingweb, available on Windows, MAC, iOS, and Android devices. It provides more than 50 technical indicators and intraday analysis tools. Besides, its lightweight mobile app is intuitive and simple.