TOFRO.COM has been flagged by Securities and Exchange Commission for "Unauthorised". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: NIL.
I had a dispute with TOFRO.COM and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Quick verification|Educational resources|Tax reports included|Social trading features
Cons: Wish they had more educational resources|Slow to add new assets
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that TOFRO.COM has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Not registered with regulators|Unrealistic promises
Tried to withdraw my funds from TOFRO.COM and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Pros: Initially responsive customer service
Cons: Blocked my account|No legitimate license|Fake returns
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. TOFRO.COM recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Helpful community forum|Wide product range
Cons: Inactivity fee applies after 12 months|No crypto staking
The only good thing about TOFRO.COM is that they remind you why regulation matters. I found them based on a colleague's recommendation. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Smooth onboarding|Comprehensive tools|Multi-currency support
Cons: Could offer more webinars
I lost a significant amount because TOFRO.COM did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Excellent charting|Customizable dashboard
Cons: Some tools only available on higher tiers
I closed a profitable position at TOFRO.COM 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: Educational resources|High security standards
Cons: Research section could be deeper
What really bothers me about TOFRO.COM is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through a podcast recommendation and I fell for the polished exterior. Never again.
Pros: Automated trading options|Smooth onboarding
Cons: Some tools only available on higher tiers|Wait times can be long during peak hours
I joined TOFRO.COM through a forum discussion and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Instant funding|Good analytical tools|Two-factor authentication|Smooth onboarding
Cons: Email notifications too frequent|Limited demo account features
After spending for about five months trying to make TOFRO.COM work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Good mobile app|Segregated accounts|Market news feed
Cons: No crypto staking|Research section could be deeper