While there’s a lot of unknown things related to Tomahawk Finance broker, we will show you what we do know. There are many red flags and many reasons to avoid this particular company.
Without further delay, read our honest Tomahawk Finance review and decide for yourself!
- Also, we want to invite you to read our recently updated InstaForex, PrimeXBT and TradedWell scam broker reviews. For those unaware, their investment offers are too good to be true!
|Broker Status:||Unregulated Scam Broker|
|Regulated by:||Unlicensed Company (No Regulation)|
|Operating Status:||Active Forex Trading Scam|
|Blacklisted as a Scam by:||N/A|
|Broker Owner:||Tomahawk Finance Co. Ltd|
|Online Trading Platforms:||WebTrader|
|Crypto Asset Trading:||Not Available|
|CFD Trading Option:||Yes, you can trade CFDs|
|Available Trading Instruments:||Forex (FX), Commodities, Indices, Stocks|
|Islamic Account:||Not Available|
|Free Demo Account:||No, only live trading accounts|
|Accepts US Clients:||US traders are not accepted|
|Global Fraud Protection Experts’ Verdict:||Don’t Invest in This Scam Broker!|
Is Tomahawk Finance Safe And Regulated?
The first thing you should know about your brokerage is related to regulation and legal jurisdiction. In case of any issues, the regulator is the first one to go to. However, when it comes to Tomahawk Finance’s regulation, we found none.
The broker already changed two websites, claiming to be based in the UK and Vanuatu, but it seems with the third domain, they finally gave up on false information. Currently, there is no address nor the governing law.
Questions About TomahawkFX License
Since we’ve eliminated the dilemma of whether TomahawkFX is regulated or not, there’s only one thing left to know. What to do if you have been scammed?
If, unfortunately, you fall for the Tomahawk Finance trading scam, file a complaint immediately.
Before starting an investment account, make sure to find a Tier1 regulated brokerage holding FCA, ASIC, or BaFin license.
Tomahawk Finance Reviews – Trading Opportunity or Forex Scam?
When it comes to TomahawakFX, lots of questions are rising. Whether it’s a good broker or another scheme? If you trust what’s written on the website, the company has existed since 2018 and operates in 30+ global markets.
However, since we don’t really know who’s behind the entire operation, we have the name Tomahawk Finance Co. Ltd and nothing else, it raised a huge red flag.
So, we’re leaning towards declaring Tomahawk Finance forex broker a pure scam.
Supported Trading Platforms – Available Trading Software
As expected, the TomahawkFX trading platform is no better than its reputation – proprietary WebTrader. There’s a good reason why every reputable brokerage will aim to offer MT4 or MT5. Due to higher security and a broader offer of trading tools.
Yet, Tomahawk Finance’s complaints are directed towards Web trader since it’s a TradingView chart with very few indicators and no choice of charts. The only good thing is that the platform itself is available as an app for Android and iOS devices. Yet, it doesn’t cover all the disadvantages coming along.
Assets You Can Trade With TomahawkFX Broker
Notably, this broker doesn’t offer cryptocurrency trading, despite bragging about extensive market coverage. However, here’s the list of available trading assets:
- Spot FX – major and minor currency pairs
- Spot commodities – gold, oil, silver
- CFDs on indices
- CFDs on shares
According to its main page, the broker offers a competitive spread, starting from 0.0 pips. Besides, there’s a leverage of up to 1:500, exposing your funds to tremendous risk.
When it comes to Tomahawk Finance account types, we have been told there are multiple, but there’s no official list. Therefore, we have no information on some basic things, such as Tomahawk Finance’s minimum deposit or perks you can get by upgrading your account.
Note that there’s no available Tomahawk Finance Demo account, so you won’t be able to test the software before actually depositing the money.
Tomahawk Finance Withdrawal Issues – No Money Withdrawal Guarantees
What’s more, according to Tomahawk Finance reviews, good-looking women approached clients on Facebook, asking them to start investing. The initial deposit for most was $100. Yet, the problem occurred once they wanted to withdraw their funds.
So, beware that scam brokers have no regulators who will control their behavior and will do just about anything to steal as much money as possible. Don’t fall for their schemes before checking the brokerage and ensuring you’re not involved with the illicit operation.
Scammed By Tomahawk Finance Broker? – Talk To Our Experts Today
Last but not least, Global Fraud Protection recently received numerous complaints from Tomahawk Finance scam victims. So, of you’re one of them, don’t hesitate to report it. Also, you can book a free consultation with our chargeback specialist to learn how to get your money back from fraudulent brokers.
Don’t let scammers run with your hard-earned money! We’re waiting for you on our online chat!
Don’t Let the Scammers Go Away for Free!
What Is Tomahawk Finance, And Should I Invest Money In It?
According to our research, this is an unregulated online trading brokerage marked as a scam.
What Is The Tomahawk Finance Minimum Deposit?
Broker didn’t bother to disclose their minimum deposit requirements.
Are My Funds Safe With Tomahawk Finance?
Since the broker is an unregulated scheme, your funds are not safe with such.