Torque Marks

Company Profile

Torque Markets (website: torquemarkets.com) — sometimes referred to as “Torque Marks / Torque Marks Ltd” in review platforms.

The broker claims to provide services for forex/CFD trading and positions itself among online brokers/market-makers.

Regulation & Safety

• According to a recent assessment by a broker-monitoring site, Torque Markets currently has no valid forex-regulation.

• Their regulatory license is reported as "suspicious" or their "scope of business" raises serious concerns.

• That website has flagged the broker with a “high potential risk” rating.

There are various user reports and "exposure" cases, such as complaints about problems with withdrawal, withholding account funds, market manipulation, and other unfair practices.

Trading Conditions & Instruments

• Publicly listed as a “market-maker / MM brokerage”

• Detailed, transparent public information about their trading conditions — spreads, account types, leverage, fees — is either missing or unreliable, which is typical for brokers under scrutiny. In general, a lack of valid regulation also reduces the reliability of any "official" claims.

• No reliable, independently verified data is available on fair or stable execution and liquidity from the broker, considering its risk profile and user complaints.

User Feedback & Reputation

• On the review-site which tracks “exposures,” several reports exist from users who claim they were unable to withdraw funds after posting considerable profits. One user said:

“I deposited 500 ringgit … after deposit, I profited 9,000 ringgit within two days. Now I should pay 900 ringgit to withdraw funds.”

• Another user claimed complete loss of funds after the broker “disappeared.”

• Public reviews and the broker-watch database warn that, despite the website's claims, Torque Markets displays many red-flags typical of fraudulent brokers, such as hidden withdrawal fees, unclear "broker-fee" demands, and a lack of responsiveness.

Pros & Cons

Pros Cons / Risks

The broker is operational (it has a website, previous presence) — at least for the time being. No valid, verifiable regulatory license.

Standard “market-maker / MM” type structure, which is very common in retail forex and will be quite familiar to many traders. Reputation: Several user complaints, mainly on issues of withdrawals and perceived manipulation.

Possibly low barrier of entry: many "market maker / MM" brokers do. High risk: Flagged for "suspicious license, suspicious business scope, high potential risk."

— Transparency is poor: no public, credible verifiable data on spreads, regulation, fund protection, segregation, or client fund safety.

Risk Assessment

Based on independent reviews, user reports, and the broker-monitoring databases, Torque Markets must be treated as a high-risk broker, considering strong signs of a possible scam or fraudulent acts. Lack of valid regulation and numerous testimonies related to withdrawal failure or fund blockages severely undermine any trust in the reliability of this broker.

Conclusion

Torque Markets is an unregulated high-risk Forex/CFD broker that has a number of red flags. They are not under legitimate oversight, lack transparency, and have serious user complaints regarding withdrawals and lack of fairness. For traders-more specifically, beginners or those who plan to invest a substantial amount of money-strongly avoid using this broker. If you are seriously considering it, treat any funds as potentially lost, and-if possible-conduct full due diligence, request small tests of withdrawals, and investigate all claims very carefully.