ToroHive

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4 13
1.8
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Uptrend Centre, which owns the ToroHive brand and operates the site, is based in Bangladesh. It promises to provide potential clients with a first-class crypto trading experience and reliable security guarantees. Meanwhile, the broker does not show any financial license or legal entity registration documents. It should be noted that the firm indicated 2020 as the date of approval of the Terms of Use, while the domain was only created in 2024.

Is this project trying to mislead users? Read our review and you will learn more about this broker.

Trading Conditions

The intermediary encourages trading exclusively in digital assets. In addition, ToroHive offers customers physical cryptocurrency cards, which it promises to deliver by mail. Trading conditions on the platform are as follows:

  • Five trading plans.
  • Starting deposit of $250.
  • Minimum spreads from 0.6 pips.
  • Leverage up to 1:500.

The brokerage firm puts the main emphasis on the affiliate program, devoting half of the homepage to its description. Please note that ToroHive promises to pay participants up to $25K per referral.

You can open an account and deposit funds only with the help of company representatives. Reliable brokers never do things this way. 

ToroHive’s additional services include bonuses and training. Cryptocurrency wallet withdrawals take up to 7 days here, which is surprising since digital transactions are always made within minutes.

FAQ

Would investing in ToroHive offer the best returns?

The broker uses unknown software and offers a leverage of 1:500, which maximizes the risks in CFD trading. Therefore, it is more likely that you will make a loss rather than a profit on this platform.

Does ToroHive carry out withdrawals?

Users of the company's services complain in reviews about the inability to withdraw funds to their cryptocurrency wallet. We ask you to leave your comment or opinion about the broker's work below this article.

May I be scammed on torohive.com?

The broker does not provide information about the company's founders, the platform's launch date, and its financial regulation. That is, ‌brokerage services are provided to clients illegally, which is the main sign of fraud.

We also recommend you to read about another example of a SCAM broker, which is landed at the website Turfcapprivate.com.

What's the best way to share my experience with ToroHive?

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.

Criteria

Jurisdiction: Offshore
License: No license
Leverage: 1:500
Broker type: DD
Demo account: Yes
Affiliate program: Referral
Minimum deposit: 250$
Trading platform: WebTrader
Assets: Forex, CFD

17 reviews about ToroHive

  1. Anthony
    March 12
    I made a terrible decision to trust the advice of scammers
    Using 1:200 leverage in this turned out to be my catastrophic mistake. These scammers guaranteed margin safety and recommended increasing volumes, but when the market went against me by 5%, my position was liquidated without warning. I lost almost 4,000 USDT in no time and the managers explained that I should have managed my risk better. SCAMMERS!!!
  2. Rikardo
    March 9
    This one is definitely a scam
    The admins canceled 6 of my withdrawal requests for a total of over $2,620. Since my withdrawal requests were divided into different amounts, they started checking my account as a result and then they froze my account. These crooks are not responding to my appeals!! they don't want to respond to emails I have sent over 20 just last week! This is a fraudulent company stealing money and cheating customers!
  3. Nicole
    March 3
    This is the worst trading experience of my life
    I have worked with many brokers in my career, but Torohive is the worst. I carefully analysed the market and invested $17,500 in Bitcoins at torohive.com, expecting reasonable growth. However, the platform constantly “froze” at the most inopportune moments, leading to incredible losses. The analytics and tools of this intermediary are a complete failure! The support service is incompetent and does not help clients, moreover, the employees behave unfriendly. I lost my funds because of their incompetence! It sucks!
  4. Elizabeth L.
    March 1
    Stay away!
    I don't understand how people continue to believe such pseudo brokers. They only know how to persuade clients to deposit money, and they are of no use whatsoever. Traders still invest in torohive.com, although I don't understand what they are guided by?? After all, what can you expect from a broker that doesn't have any license? Have you seen the website? It is stuffed with a lot of statements in the spirit of "we are the best" - this is only a semblance of "coolness". However, do not be deceived, there is nothing behind these empty words on the screen. Pseudo-broker Torohive lies literally at every turn, and none of the promises of the Bangladeshi firm are fulfilled. The whole point is that this site was created solely to collect money from gullible customers, and the founders do not give any return guarantees. The procedure of withdrawing crypto in 7 days(!), what kind of timeframe is that? Of course, nobody controls these dubious managers, so they don't even think about responsibility for their actions. I am generally amazed how Torohive is still operating with this approach. Tip: stay away from such "brokers". Of course, there may be exceptions and some platforms operate honestly without licenses, but Torohive is definitely not one of them - it's a pure scam designed to steal money.
  5. Marcus Barry
    February 28
    This is not trading but fraud and robbery
    Hi everyone, are you interested in torohive.com and are you thinking about trading on this platform? Forget about these scammers. I transferred $200 to their account and when I realized it was just a manipulation, I wanted to take my money back. And what do you think? I heard a bunch of excuses, ToroHive was not going to give me back the rest of my deposit. The customer service is totally incompetent here and they don't provide any useful information. Also, ToroHive staff use complicated and confusing terms to mislead you.
  6. Stephen L.
    February 25
    This is just a robbery!
    I am incredibly disappointed to cooperate with this broker! I tried to withdraw my $300 but was rejected without any clear explanation. The support team is completely incompetent, they answer with formulaic phrases. When I started to insist on a refund, they blocked my account stating that there was suspicious activity. I did an in-depth analysis of the trading conditions and my conclusions are extremely negative. My $300 disappeared due to their unfair fees, and the quotes seem to have been manipulated... I recommend everyone to avoid this company.
  7. Macadamy15
    February 19
    The trading platform sucks!
    The software glitches all the time, especially during volatility periods. I open a trade but the platform freezes and I can't do anything. I lost $1,800 on this! The support team doesn't help at all, only writes back. How can you trade with such bad software? Horrible broker!
  8. Fred
    February 10
    Terrible service
    As soon as the market did not go in my favor, ‌the broker immediately closed all my positions. I lost about €760. I tried to find out the reason but no one explained anything to me. The politeness of the support team is zero, and so is the help.
  9. Noel Garcia
    February 10
    These guys are playing against you!
    This is the greediest brokerage company that is careless with their own trading conditions. Torohive promise low spreads, but what is there really? Spreads skyrocket during news releases and my 570 ETH deposit was wiped out in a couple of hours. I didn't receive any warnings, no volatility protection here.
  10. Peter King
    February 10
    The firm is focused on scamming customers
    If you want to lose your money, welcome to torohive. I tried to close a profitable position today, but the platform suddenly crashed. After recovery, all my trades were closed at the lowest prices...
  11. Mr Williams
    February 9
    Almost perfect broker for beginners
    I was immediately attracted by the fact that this broker has a demo account and not very high minimum deposit amount. Since many beginners are afraid to start with large amounts and risk money. Toro Hive allows you to learn with virtual money and gradually move to real transactions with crypto, increasing your turnover while making money. That's why I chose this company back in the day and have been trading with them for a few years now. I am satisfied with everything and I am not going to change my broker. I can safely recommend them to other beginners, as I was once myself. But I do not advise you to apply leverage.
  12. Steven White
    February 6
    I do not recommend you to trade here
    I have worked with many brokers, but I have never experienced such problems with withdrawal of my earnings as I have with Toro Hive. When I started working with Toro Hive, after the first painful withdrawal I realised that we were not on the same path.
  13. John W.
    February 3
    Speed and reliability as well as profitability
    I prefer to work with novice brokers as they often offer more favourable trading conditions. Therefore, I chose Toro Hive precisely because of their attractive trading parameters. Account registration was really fast, verification also went without delays and without unnecessary questions. I managed to open an account in just three hours and start trading: I confirmed my data, funded my deposit and made my first trade on torohive.com, which brought me a profit of $34. It was easier than I expected - you can make money here easily. But I make no guarantees.....
  14. Stanley Phillips
    January 30
    They are cancelling all profit withdrawal requests!!!
    I don't know where to write anymore! ToroHive, please refund my deposit money! You promised that I could withdraw any amount without any problems, and so I passed verification, and now you are referring to my supposedly fake documents that you verified! And the 120 LTC I deposited and my profit - are they fake too? No, only your stealing customers' money is illegal!!!
  15. Melvin Mills
    January 30
    This is one of the best brokers out there today
    It is hard to find a more advanced company among brokers than TOROHIVE. Yes, there are well-known and old companies, but their conditions are worse than this young project. I checked it myself. I will note the good work of the employees of this company, who treat clients with respect, as if we are the most important people in this world for them. I feel that I am the only trader on the planet here and that only thanks to me the broker can exist 😂 I hope I made the comparison clear enough for you to understand what I'm talking about. This is a great and profitable project! However, the site does not yet reach the rating of 5 points, as long as torohive.com does not have a license.
  16. Mr. Marsh
    January 27
    I have great doubts...
    I can't yet say with certainty whether it's worth trading here, and I have complicated feelings about this brokerage company. I don't want to accuse TOROHIVE of anything illegal in advance, but there are some strange things that are hard to overlook. Firstly, there are almost no specifics on the trading conditions on the website. The fees remain a mystery. The commission is specified in different sizes, it is not clear which one will be applied. As a rule, such inaccurate data are immediately visible to an ordinary trader, because these are the key terms that help good brokerage firms to attract clients. However, I didn't find any such thing here, although I tried to scrutinize the enture site. Secondly, the trading platform also leaves questions. Instead of the usual MetaTrader, TOROHIVE offers some kind of web trader. On the one hand, this may testify to the efforts of the developers invested in their own platform, but on the other hand, it is quite unclear to me what to expect from such an unknown software product. All in all, the doubts are still with me, and I have no particular desire to start working on torohive.com. In the meantime, I won't draw any final conclusions - it's possible that I'll add my review in the future.
  17. Amy Lee
    January 25
    Robust protection
    According to the information on the official website, TOROHIVE is a great company and they also have a great terminal with protection against cyberattacks. In general, this broker has many advantages that indicate the transparency of the project's work. The minimum deposit is only $250, which is not that much, and gives beginners the opportunity to start trading on a good platform with adequate investments.

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