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Tora Markets

Operating status: Unregulated

Website: https://toramarkets.com/

High-Risk Active

Broker violations and abnormal records

Sep 02, 2026 BrokersView has found that Tora Markets is an unregulated broker

Tora Markets claims to be authorized by MWALI International Services Authority (MISA). However, while a licence under the stated details does appear in the official MISA register, the licensed company has been listed as a suspended entity. This may point to underlying regulatory or operational issues.

Therefore, until verifiable evidence of valid authorization is provided, we assess Tora Markets as an unlicensed broker and advise extreme caution.

Tora Markets claims to be authorized by MWALI International Services Authority (MISA). However, while a licence under the stated details does appear in the official MISA register, the licensed company has been listed as a suspended entity. This may point to underlying regulatory or operational issues.

Therefore, until verifiable evidence of valid authorization is provided, we assess Tora Markets as an unlicensed broker and advise extreme caution.

Tora Markets claims to be authorized by MWALI International Services Authority (MISA). However, while a licence under the stated details does appear in the official MISA register, the licensed company has been listed as a suspended entity. This may point to underlying regulatory or operational issues.

Therefore, until verifiable evidence of valid authorization is provided, we assess Tora Markets as an unlicensed broker and advise extreme caution.

Related Complaints

Q&A

Is Tora Markets regulated?

Zhirayr Lin

Estonia

Sep 03, 2026

ANSWER Dear Investor, Tora Markets claims to be owned and operated by Tora Markets LTD, licensed by the Mwali International Services Authority (MISA). Upon investigation, while we did locate this company in the MISA system, it is currently listed as a suspended entity. This indicates that although the company may have previously held a license, its license has now been suspended. Furthermore, the company has not registered any operating website, making it impossible for us to verify whether Tora Markets is actually affiliated with this entity. Therefore, until Tora Markets provides more reliable, valid, and verifiable regulatory information, we strongly advise you to avoid investing or trading with such an unlicensed broker to protect your financial security.

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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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