Cryptocurrency Exchanges

Tomodex

1.4 (11 reviews)
🇳🇿 New Zealand
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1.4
11 reviews
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About Tomodex

Tomodex has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Crypto only no stocks

V
Vanessa C.
1 weeks ago

Tomodex has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.

Pros: Good analytical tools|High security standards|Helpful community forum

Cons: Onboarding videos are outdated|No fractional shares

Do yourself a favor and skip Tomodex

G
Gabrielle A.
2 weeks ago

I closed a profitable position at Tomodex 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: Instant funding|Segregated accounts|Two-factor authentication

Cons: Some tools only available on higher tiers

Transfer to another broker refused

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Leo L.
2 months ago

If you are reading this considering Tomodex - run. I wish I had read more negative reviews after a trusted YouTuber reviewed them. I thought the positive ones were real. Maybe some are. My experience over for just over a year has been so bad I feel obligated to warn others. Do not make my mistake.

Pros: Fast support response|Intuitive for beginners

Cons: Limited cryptocurrency options

They took my patience and my money

D
Derek A.
2 months ago

I joined Tomodex when my bank disappointed me and I searched for alternatives 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: Good mobile app|Low minimum deposit

Cons: Help articles are sometimes vague|Some tools only available on higher tiers

No API for automated trading

A
Aaron W.
2 months ago

I found Tomodex after hearing about them at a conference and the initial impression was positive. But for a few weeks now later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Fast support response|Responsive team

Cons: Wish they had more educational resources

Checked with regulators - they're not licensed

J
James E.
2 months ago

Several red flags with Tomodex: (1) They promise unrealistically high returns, (2) They're not registered with Financial Markets Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

Pressure to deposit more

M
Megan C.
3 months ago

I opened an account with Tomodex since last summer 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: Helpful community forum|Clear documentation

Cons: No phone support on weekends

Failed me when I needed them most

T
Tyler N.
3 months ago

Tomodex locked my account without warning and demanded documents I had already submitted. since I retired last year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.

Pros: Social trading features|Regular updates|High security standards

Cons: Account statements could be more detailed

They blocked me after I invested

M
Michael D.
5 months ago

I invested $5,000 with Tomodex after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.

Pros: Professional looking website

Cons: Withdrawal fees demanded|Communication cut off|Not authorized

Left feeling scammed

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Nora D.
11 months ago

What really bothers me about Tomodex is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after comparing multiple platforms and I fell for the polished exterior. Never again.

Pros: Tax reports included|Smooth onboarding|Excellent charting|Intuitive for beginners

Cons: Spreads widen during volatile periods|Limited social trading features