Thaurus Guru has been flagged by National Securities and Stock Market Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The spread at Thaurus Guru is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them while looking for alternatives to my previous provider and initially thought the platform was good - until I started trading seriously.
Pros: Intuitive for beginners|Educational resources|Risk management tools
Cons: Wait times can be long during peak hours|No phone support on weekends
I closed a profitable position at Thaurus Guru and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Multiple order types|Educational resources|Personal attention
Cons: Currency conversion fee exists|Cannot customize dashboard fully
After for over a year with Thaurus Guru I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Good analytical tools|Copy trading available|High security standards
Cons: Slow to add new assets|Charting tools need more indicators
I opened an account with Thaurus Guru for a couple of months now ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Intuitive for beginners|Easy to use platform
Cons: Inactivity fee applies after 12 months