Tools4Deals lists office addresses in the Netherlands and Singapore on its website. However, there is no information about the company’s registration and licensing. It is worth noting that the certificate of regulation dated May 2022, which the broker shows, was issued by a private company Crypto Service Authority, which unites several players in the crypto sphere. In addition, Tools4Deals does not disclose the history and launch date of the project. As for the domain, it was only registered in November 2023.
Is this platform reliable? How risky is it to trade here? We will research the legal documentation and terminal functions and then share our findings with you.
Tools4Deals offers users a trading platform and “free tools” but does not disclose their parameters. The company presents six investment plans to potential clients. Judging by their names – Educational, Family, Pension, we are talking about savings programs. The broker promises to bring you as close as possible to achieving the desired profit with the help of these plans. You can use credit/debit/pre-paid cards and bank transfers as a way to top up your balance.
Trading accounts on the platform are available in 7 variants. The tariffs are sorted by deposit amount. Tools4Deals offers clients trading with leverage at different levels, but does not disclose its size. You can choose and open an account from the following offers:
- Standard from $250 – Custom Account Specialist.
- Bronze from $3,500 – 1 insured trade, Bonus.
- Silver from $10,000 – Individual investment plan, 4 insured trades.
- Gold from $25,000 – 8 insured transactions, Business Financing.
- Platinum from $50,000 – Trading Signals, Access to mutual investment plans.
- Pro from $100,000 – Trade exclusive contracts.
- VIP from $250,000 – Enhanced strategy for all VIP clients.
Tools4Deals incentivises clients with special promotions and bonuses. The company charges different fees to traders’ accounts, including accounts with low activity or minimum balances, but the fees are not stated on the website.
Each client receives a library of training materials from Tools4Deals after opening an account. The broker promises to introduce traders to the news. You will be able to improve your trading skills with professional advice from analysts and personalized training sessions.
Would investing in Tools4Deals offer the best returns?
You will find it difficult to make money with an anonymous broker in risky CFD trading. Rather, you will lose money on a platform with non-transparent working conditions. The company does not even specify trading instruments and basic parameters of trading accounts.
Does Tools4Deals carry out withdrawals?
You are unlikely to be able to do this easily, as the company has opaque withdrawal fees, does not specify withdrawal deadlines, and may refuse to withdraw your funds without giving any reasons. Reviews about this broker are mostly negative. Please share your experience with us.
May I be scammed on tools-4deals.com?
Yes, the broker's activity raises reasonable suspicions of fraud. The website with a primitive interface is filled with mostly meaningless text, and important information about the license and registration is missing. In addition, the fresh domain does not match data about the company's participation in a CSA fund from 2022.
What's the best way to share my experience with Tools4Deals?
Fill out the form and we'll make sure your voice is heard.
How can I tell if this is a fraudulent company?
Do your own research and never believe those who promise you easy money.