Brokers  /  Tornado Bullion

Tornado Bullion

Moderate risk
🇺🇸 United States · 5-10 years · since 2019-11-01 · Zaner Group LLC.
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.57/10
Trustpilot2.8/5
Forex Peace Army/5
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Tornado Bullion operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
38
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)010%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameZaner Group LLC.
Headquarters🇺🇸 United States
Founded2019-11-01
Years operating5-10 years
Employees0
Official websitetornado.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
150 S Wacker Dr, Chicago, IL 60606

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.01)

Tornado Bullion is an unregulated company providing specialized technology and hedging services to the precious metals industry, not a retail forex broker. Its FXCanary Scam Risk Score of 38/100 (Guarded) reflects the lack of regulatory oversight and limited independent information. Businesses considering its services should verify its claims directly and be aware of the counterparty risks inherent in an unregulated entity.

Best for
  • Precious metals dealers needing hedging solutions
  • Bullion businesses seeking ecommerce platforms
  • Firms wanting integration with eBay or ERP systems
Not for
  • Retail forex or CFD traders
  • Individual investors seeking regulated brokers
  • Those requiring transparent regulatory oversight
Period:
What users complain about
Where reviewers are from
🇳🇱 NL1
🇺🇸 US1
Positive vs negative · last 2 months Pos Neg
Nov
Dec

Real user reviews

Where Tornado Bullion operates

Active across 1 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇺🇸 United States

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

Similar brokers

What Tornado Bullion says about itself as stated by the broker · not independently verified by FXCanary

About Tornado Bullion

Tornado Bullion states it is located in the heart of Chicago’s financial district and specializes in ecommerce and hedging solutions for the precious metals industry. The company claims it was built out of need for their own precious metals business and that everything they offer has been time-tested. They emphasize that clients are partnering with a precious metals dealer, not an IT company.

Hedging Solutions

The broker asserts its hedging system provides aggregated liquidity from major banks and marketmakers, a web platform, and a web API for trading to the exact ounce. It claims the system, created in 2004 by Co-Founders Tom Garland and Peter Thomas, helps businesses hedge natural price risk in precious metals. They also state they offer hedging on the London Fix.

Web Solutions

Tornado Bullion says it offers customizable web solutions including product pricing using their spot feed, a fully controllable back office for tracking inventory, invoices, and pricing, and hosting at a Chicago Tier 1 data center.

eBay and ERP Integration

The company claims to be a certified eBay Compatible solution providing live pricing and inventory control for buy now auctions with auto hedge capability. It also states integration with ERPs such as NetSuite or QuickBooks and automated risk management through Auto-Hedge with advanced real-time reporting.

Contact and Services

Contact information includes phone numbers 312-277-0120 and 800-621-0150, and email. Tornado Bullion presents itself as part of Zaner Precious Metals, with an address at 150 S Wacker Dr, Chicago, IL 60606.

About Tornado Bullion

Company Overview

Tornado Bullion is a United States-based firm founded in 2019 (though its website references origins in 2004) that provides technology and hedging solutions for the precious metals industry. The company is registered at 150 S Wacker Dr, Chicago, IL 60606. It operates under the ownership or affiliation of Zaner Precious Metals and is founded by Tom Garland, who also serves as SVP of Zaner Metals.

The company specializes in ecommerce platforms, hedging systems, and integrations for bullion dealers, mints, and refiners. Its services include trade aggregation, real-time pricing, inventory management, and automated hedging. Tornado Bullion is not a retail forex broker but a business-to-business provider for precious metals firms.

Regulation and Licensing

Tornado Bullion is not regulated by any financial authority. According to known facts, no regulatory licences are on file. The firm is not authorized to offer retail forex or CFD trading to individual investors. As such, it operates outside the purview of financial regulators, which is typical for a software and hedging services provider rather than a broker dealer.

Potential clients should note the absence of regulatory oversight means there is no independent safeguard for funds. However, the company’s services are directed at business clients, not retail traders, which may alter the risk profile.

Products and Services

Tornado Bullion’s core offerings are hedging solutions, ecommerce platforms, eBay integration, and ERP connectivity. The hedging system provides access to major bank liquidity and allows trading to the exact ounce via a web platform or API. The ecommerce solutions include white-label customizable shopping carts with live precious metals spot pricing.

Additionally, the company offers services such as London Fix hedging and automated risk management. These products are designed for wholesale bullion dealers and do not include retail trading accounts or leveraged forex products.

Target Audience

The company’s target audience is precious metals businesses, including bullion dealers, mints, refiners, and other industry participants. Its solutions are not intended for individual retail investors seeking to trade forex or CFDs. The platform supports business operations such as inventory hedging, online sales, and financial integration.

By addressing operational needs, Tornado Bullion positions itself as a partner rather than a broker. The firm’s clientele likely includes mid-sized to large precious metals enterprises within the United States.

Social Media and Presence

Tornado Bullion maintains a presence on Facebook, LinkedIn, Twitter/X, and YouTube. Its website provides contact details and a login portal for existing clients. The company highlights its affiliation with Zaner Precious Metals and leverages the brand’s reputation in the industry.

Public information is limited primarily to the company’s own website, with few independent reviews. Traders or businesses considering the service should conduct due diligence and verify claims directly.

Overview compiled by FXCanary from regulatory records and public data. full Tornado Bullion review