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TOROBASE

Moderate riskForex / CFD broker
🇺🇸 United States · 2-5 years · since 2023-02-21 · Torobase
Unregulated
Visit site ↗
—/5
★★★★★ ★★★★★
1 reviews ›
0
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
49/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.43/10
Trustpilot—/5
Forex Peace Army—/5
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No sign that TOROBASE actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
49
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
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 age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)7510%

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 nameTorobase
Headquarters🇺🇸 United States
Founded2023-02-21
Years operating2-5 years
Employees0
Official websitetorobase.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—

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Torobase is an unregulated brokerage offering high-leverage forex and crypto trading with a crypto-only funding model. While its platform and API features may appeal to algorithmic traders, the lack of regulatory oversight and extreme leverage (3000x) present significant risks. The broker's relatively recent founding and absence of independent reviews further underscore the need for caution. In FXCanary's assessment, the 49/100 scam risk score reflects these concerns, placing the broker in a guarded category.

Best for
  • Crypto-based trading with automatic profit settlement
  • High leverage trading (up to 3000x per known facts)
  • Algorithmic traders requiring Open API access
Not for
  • Traders seeking regulated brokers with investor protection
  • Those who prefer fiat currency deposits and withdrawals
  • Risk-averse traders due to unregulated status and extreme leverage
Period:
What users praise
Where reviewers are from
Thailand1

Real user reviews

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

Trading Accounts

Torobase claims to offer demo and live trading accounts that can be opened in less than 3 minutes for free. The broker states that live accounts allow trading with real money, while demo accounts use virtual funds for practice. It emphasizes a crypto-based trading account where profits are automatically added in cryptocurrency. According to its website, deposits and withdrawals are in crypto, account balances are in crypto, and it enables instant global forex and crypto trading. The broker also advertises high leverage, though the exact figure is not specified on the page.

Platform & Open API

Torobase markets its platform as a modern trading solution optimized for algorithmic trading. The broker claims users can access capital markets globally from any device via its proprietary platform or through an Open API. According to its website, the platform requires no installation and provides an all-in-one solution for trading and fund management. The Open API is positioned to allow programmatic access to trading functions and integration with third-party services for enhanced trading efficiency.

Support and Contact

The broker states that customer support is available 24 hours a day, Monday to Friday. Its website includes a contact form for inquiries, asking for name, email, subject, account number, and message. Torobase also outlines a three-step process to become a trader: register online, fund the account by clicking 'Add money,' and start trading global exchange markets.

About TOROBASE

Overview

Torobase is a brokerage company registered in the United States, founded on February 21, 2023. The firm specializes in forex and cryptocurrency trading, offering both demo and live accounts. It operates through its own trading platform and provides an Open API for algorithmic traders. The broker focuses on crypto-based transactions, with deposits, withdrawals, and account balances denominated in cryptocurrency.

Regulation and Safety

Torobase does not hold any known regulatory licenses from financial authorities. As per known facts, the broker is unregulated, which raises security concerns for traders. The absence of oversight means there is no external dispute resolution mechanism or client fund protection scheme. Traders should exercise caution and conduct thorough due diligence before engaging with the platform.

Account Types

Torobase offers two main account types: a demo account and a live account. The demo account is designed for beginners to practice trading with virtual funds. The live account requires real money and enables trading in global markets. Both accounts can be opened online within minutes. The broker emphasizes a crypto-centric approach, where profits from trading are added to the account in cryptocurrency.

Trading Platform and Tools

The broker provides its own web-based trading platform that requires no installation and is accessible from any device. It is optimized for algorithmic trading and offers an Open API for integration with third-party services and trading robots. The platform is described as an all-in-one solution for managing trades and funds. No download or specific system requirements are mentioned on the website.

Funding and Withdrawals

Torobase accepts deposits and processes withdrawals exclusively in cryptocurrency. Account balances are maintained in crypto, and profits are automatically credited in crypto. The specific cryptocurrencies supported are not listed on the website. The broker claims instant global trading capabilities, implying fast transaction processing.

Customer Support

Customer support is available 24/5, Monday through Friday. Traders can contact the broker via a contact form on the website, providing their name, email, subject, and account number. The broker states it will respond promptly, though no other support channels (such as phone or live chat) are mentioned.

Target Audience

Torobase appears to target retail traders interested in forex and crypto markets, particularly those seeking high leverage and algorithmic trading capabilities. The broker also appeals to beginners by offering a demo account. However, the lack of regulation and reliance on cryptocurrency may deter risk-averse traders.

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