Torweu 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.
My card was charged twice by Torweu on the same day. I had to dispute it with my bank. Torweu then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Educational resources|Social trading features|Responsive team
Cons: Alert system is basic
Do not be fooled by the professional-looking website. Behind the scenes, Torweu is disorganized and incompetent. I found them through word of mouth in my investment club and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Detailed reporting|Multiple order types|Comprehensive tools|Social trading features
Cons: Onboarding videos are outdated
After using Torweu for the past six months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Risk management tools|Two-factor authentication|Segregated accounts|Easy to use platform
Cons: Currency conversion fee exists
My withdrawal request from Torweu has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Fast deposits|Professional team|Instant funding|Tax reports included
Cons: Wish they had more educational resources|Limited ETF selection
I have been trying to close my account with Torweu for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Demo account available|Portfolio tracking tools|Copy trading available
Cons: Could offer more webinars