✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

In this section we will tell you if we consider that the company Torobanc is a safe company or an unreliable company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about Torobanc and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitebull-banc.io
🏠 CompanyDoes not mention it
RegulatoryNot regulated
📧 Email[email protected]
📈 PlataformOwn platform
📌 AddressRue de Lausanne 15, 1201 Genève, Zwitserland (fake)
🕑 Website ageWebsite registered on: June 29, 2023
Company typeForex, Stocks, Indices, Cryptocurrencies and CFDs Broker

Company: Torobanc does not mention which company it belongs to. Be very careful, we noticed a clear lack of transparency.

Location: The company mentions being located in Switzerland, but we believe this is false information.

We can already tell you that we are concerned about several characteristics of this company.

What is Torobanc?

After having carried out an analysis of the company's website, we can say that Torobanc is a Forex, Stocks, Indices, Cryptocurrencies and CFDs broker.

Account types

Now we will analyze the types of accounts offered by Torobanc, in this case, we observe that it offers 5 different types of accounts:

Account typeMinimum initial deposit
Basic€250
Silver€5,000
Gold€15,000
Platinum€100,000
VIP€250,000

Information on the web

web page torobanc

Here we show you a screenshot of the Torobanc website, which is toro-banc.io. The capture was made in DECEMBER 2023.

Contact: phone numbers and email

After having performed an analysis of the website:

– We have found the following phone numbers:

  • +44 2035 350978
  • +1 416 792 6768
  • +48 57 350 31 20

– We have found the following email: [email protected]

Torobanc Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!

🚫 Final valuation of Torobanc 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of Torobanc and we have reached the following conclusions about this company:

Location: It mentions being located in a place considered safe such as Germany, but we believe that this is false information with which they try to deceive customers.

Regulatory: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.

Please remember that the company has been reported by different financial regulators (in this case FINMA, the Swiss regulator). Use EXTREME CAUTION.

After a thorough analysis of Torobanc, we regret to report that our concerns regarding this broker have increased. The lack of transparency about the company's actual location, despite claiming to be in Switzerland, and the absence of regulation are significant red flags.

The most disturbing thing is the lack of registration evidence. The absence of regulation leaves your investments unprotected, since you do not have safeguards or guarantees.

Torobanc raises significant red flags and, in our opinion, is not a safe option to invest in. The lack of reliable information and the lack of regulation are unacceptable risks in the world of investments.

We strongly urge you to be cautious and reconsider any investment decisions with Torobanc. The security of your funds is paramount, and unfortunately, this broker does not provide the necessary trust.

Remember that safe and successful investment begins with reliable and regulated brokers. If you have had any negative experiences with Torobanc, we encourage you to share it with the community to protect other investors.

In the world of investments, caution is your best ally.

Updates

News about Torobanc:

Date Update – news
August 2023Complaint against Torobanc de FINMA.
December 2023Complaint against Torobanc de FCA.

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”8248 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Torobanc.

At the end of the review you will find customer comments.


How to Claim Money scammed by Torobanc

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report Torobanc

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to Torobanc?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report Torobanc?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Torobanc trustworthy?

No, Torobanc is not a reliable option. The company is unregulated, meaning it operates without the oversight and safeguards necessary to protect investors. Furthermore, the lack of transparency regarding its actual location and the absence of proof of registration are additional causes for concern.

How to recover money from Torobanc?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «Is Torobanc a scam? Opinions»

  1. Melany Reply

    This company will rip you off. I'm telling you from my own experience, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Melany, thanks for writing about Torobanc. Currently this broker is considered a SCAM.

      If you are a client, do not make more contributions, their only objective is to steal from you, they manipulate operations manually, they keep the money from when it reaches their accounts, it does not enter the market, everything is prepared for you to lose or make you lose your money to have the excuse to keep it.

      If you decide to withdraw and they request a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it! That's the warning, from that moment you have to know that you are a client of a scam broker and no matter how much you pay you will never see your money.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or check the form in this link: CLAIM YOUR MONEY

      Greetings.

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