Tosk Finance Group Snd Bhd has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +60 103 379 188, fax +60 102 562 466
Addresses: Plaza Tosk 217 Jalan Ampang 50450 Kuala Lumpur Malaysia This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.toskfinancegroup.com.
Tosk Finance Group Snd Bhd 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: Market news feed|Good mobile app
Cons: Inactivity fee applies after 12 months|Currency conversion fee exists
I signed up with Tosk Finance Group Snd Bhd from a blog post comparing services and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Professional team|Full transparency
Cons: Would like more payment methods
I wanted to transfer my portfolio from another broker to Tosk Finance Group Snd Bhd. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Automated trading options|Fast execution
Cons: Charting tools need more indicators|Inactivity fee applies after 12 months
Do not be fooled by the professional-looking website. Behind the scenes, Tosk Finance Group Snd Bhd is disorganized and incompetent. I found them after attending a webinar they hosted and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Fast deposits|Low minimum deposit|Clean UI|Social trading features
Cons: Limited social trading features|Minimum deposit could be lower