AOFAComorosTier 3Licence number
L15942 / TFX
View licence record- Licence holder
- Held by TORAFX LIMITED
- ToraFX
- Licence type and regime
- Common Business Registration
- Offshore
EndedChecked
At a glance
Regulation on record for ToraFX
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 0
- Found on an official register
- 0
ToraFX has one licence on record with Wikilix, issued by one authority across one jurisdiction. None was issued by a tier-1 or tier-2 authority. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
The registers print these licences under TORAFX LIMITED. Searching a register for the trading brand alone may return nothing — use the name above.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for ToraFX, strongest authority first.
1 record
- AOFAComorosTier 3
Check it yourself
Look these up on the official registers
Each authority below publishes a register you can search. The name a register prints is often a separate legal entity, not the trading brand — search for the name given here.
- AOFA registerOpen register
Protection
What this licence protects
AOFA's own rules for the firms it authorises.
- Compensation schemeNo deposit or investor protection scheme.
- No complaints route
- Maximum leverageUnlimited (no official cap)
Frequently Asked Questions
Questions about the licences held by ToraFX
Answered from the register entries on this page.
Most Popular Questions
The site advertises more than 200 instruments across forex, commodities, indices and cryptocurrencies, including over 50 currency pairs. It does not publish a full instrument list or contract specifications.
By live chat from the site, described as staffed around the clock, and by email at info@torafx.com or support@torafx.com. ToraFX also runs a Telegram channel and an Instagram account. No telephone number is published.
Yes. The Bonus account is advertised with a deposit bonus, at 20 percent on the English site and 50 percent on the Persian site. No bonus terms, turnover requirement or withdrawal condition is published, and bonus credit typically restricts what can be withdrawn.
ToraFX publishes no founding year or incorporation date, and none could be confirmed independently. Every indication points to a young operation, which is too short a record to show how the firm behaves under stress.
No evidence of fraud was established, and no confirmation of the broker's regulatory claim was established either. ToraFX should be treated as an unverified offshore operator rather than as either confirmed clean or confirmed fraudulent.
The site states that funds are held in segregated accounts at reputable banks, but names no bank and provides no audit or third-party confirmation. There is no compensation scheme or investor protection fund behind an Anjouan registration, so a client has no external recourse if funds are not returned.
The footer disclaimer says ToraFX serves all countries except citizens or residents of the United States, the United Arab Emirates, Cuba, Iraq, Myanmar, North Korea and Sudan. The registration form's country selector omits the United States but still lists the other six, so the published policy and the onboarding form do not fully agree.
No withdrawal processing times are published anywhere on the site, and no independent evidence of actual withdrawal performance was established. Treat any expectation of a particular timescale as unsupported.
ToraFX does not publish this. There is no deposit and withdrawal page on the public site and no funding method, fee, limit or processing time is disclosed before registration, so the terms on which money can be taken out are unknown at the point of signing up.
MetaTrader 5 only, with Windows, macOS, web, iOS and Android builds linked from the platforms page. ToraFX also distributes its own Android application and says an iOS version is not yet available.
The ECN account is advertised at 0.0 to 0.3 pips with $5 commission per lot, PRO ECN at 0.0 to 0.1 pips with $7 per lot, and the Bonus account at $5 per lot. The Pro Gold account charges no commission and prices gold at 1.0 to 1.2 pips instead.
Up to 1:500 on the ECN and PRO ECN accounts, and up to 1:200 on the Bonus and Pro Gold accounts. Leverage at that level magnifies losses as much as gains and there is no regulatory cap behind it.
It depends on the account. The Pro Gold account has no minimum deposit, the Bonus account starts at $10, the ECN account at $15 and the PRO ECN account at $200.
The site names no operating company other than the brand itself. TORAFX is the only legal name published, at Hamchako, Mutsamudu, on the Autonomous Island of Anjouan in the Union of the Comoros, with registration number 15942. No directors, shareholders or parent company are disclosed anywhere on the site.
ToraFX has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
ToraFX holds licence records issued by AOFA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
None of the licence records held by ToraFX comes from a tier-1 or tier-2 authority.
Not yet. None of the one licence record held by ToraFX has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
The registers print them under TORAFX LIMITED. A licence is often held by a subsidiary rather than the trading brand, which is why searching a register for the brand name alone can return nothing.
ToraFX has licence records in Comoros. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.