The company claims to have two offices in the Netherlands and Singapore. Besides, the intermediary promises to provide clients with “everything they need to start trading and make a profit”. Meanwhile, nothing is said about the founding date of the project, or about government regulation of its financial activities.
Will this service ensure the safety of investors? Can you trust it with your funds? We will review Tools4Deals with a detailed investigation of its reliability, as well as find out the pros and cons of this broker.
How to Trade
The review’s hero provides clients access to 4 asset classes, including forex, indices, commodities, and stocks. After registration, you can use the following features:
- 7 tariff options.
- 5 investment plans for a specific purpose.
- Bonuses and Insured Trade.
No important information about leverage, spreads, and commissions. Withdrawals are processed within 1-5 days.
Additional services include personal manager assistance and educational materials. There is a Glossary on the website.
Tools4Deals Vital Info
The anonymous owner of the site does not specify the start date of the platform. According to the certificate from the some Crypto Service Authority, which presented as a regulator, the brokerage firm has been operating since at least 04 May 2022. Meanwhile, its domain was created only in November 2023. Why this discrepancy? Because there is no such regulator. This is evidenced by the fresh domain of this financial commission, created only in May 2023, and a non-existent email address listed in its contacts.
We decided to look for confirmation of the legal work of the hero of our review in those countries where it allegedly has offices. However, we did not find Tools4Deals in the Singapore MAS registry or in the listings of the Dutch Financial Markets Authority. Besides, the legal addresses provided on the broker’s website are fake. Does such an organization even exist in the legal field? Most likely, the financial activities of the owner of tools-4deals.com are illegal.
This is a fake broker. Trading is conducted inside the company, if it can be called that, managers draw charts themselves, create the appearance of work. I registered here and deposited 500 euros, and then I began to carefully study their site, asking tech support for a real license, not some strange certificate from someone unknown.. After that my account was immediately blocked. I am definitely a fool :( I should have found out everything first and then already deposit money. This is a SCAM and why don't the financial commissions block Tools4deals in Europe or blacklist them??! I don't know, I don't have an answer to that question.
Scammers!!! How could I believe that this is a decent brokerage organization!!! This is my first experience in trading and I don't know how to choose the right trading agents yet... That's why TOOLS4DEALS cheated me :( They provided me with a consultant who was supposed to protect me from mistakes and give me the right recommendations. But this asshole only siphoned money from me, and then intentionally gave me advice that led to the loss of my entire deposit. I tried to find out the reason, but my account was immediately blocked!!!
What working conditions can this intermediary talk about? TOOLS4DEALS help traders to drain their deposits right after verification and funding. I wanted to contact the regulator listed on their website and get my $250 back, but my emails to their email address are returned as it doesn't exist! They need to be removed from forex.
I am immensely glad that I chose Tools4Deals as my broker! They really care about their clients and help them in every way possible!!! My monthly income with this broker is at least $3,000! I still can't believe it, and I can't enjoy it to the fullest (I feel like this money is an illusion). I have not found such earning opportunities in any other company. I highly recommend Tools4Deals to anyone who wants to live life to the fullest and not limit themselves to anything!
Several times I noticed how these scammers have turned my deal against me. I might not have noticed it if they did it rarely, at least once a month, so that I would not know about it, but Tools4Deals did in the red several deals a day, it is their usual practice. So I do not recommend this broker with a B-book platform. I take comfort in the fact that I quickly contacted my bank for a refund and my deposit transaction worked backwards, with most of the money back on my card.
This is a horrible broker that demands money for everything! I deposited over 4,000$ and lost it all! Tools4deals charged me a lot of money for account insurance, analysts, trading plans, educational manuals, and finally they charged me high spreads and commissions. They didn't warn me about all these fees, they just took it off my deposit and that's it! Well done... but only scammers do that!
There are profits on tools-4deals.com only while I am trading on minimum trades. As soon as I move to large trades, they start actively helping me to drain my deposit. The quotes here are fake, and the recommendations of Tools4deals personal analysts work against the client. I was cheated out of €1,400 by these scammers.
I just recently started working with this broker, so I can't tell you much about it. So far I can see that TOOLS4DEALS fulfills its obligations to traders properly and pays out money without additional commissions. However, they do have some shortcomings. For example, customer support sometimes leaves much to be desired - it is not always possible to contact them and get an answer to your question. Withdrawals are available limitedly and only on certain days. The program may sometimes freeze, but it does not lead to any significant losses. Overall, my trading is not going very well, but I will continue to monitor the situation and will not risk investing a lot of money here yet!
During the day I would make $100, and at night the broker would withdraw $200 or more from my account. The manager suggested doubling my deposit to stop this, but believe me, nothing changed after that. This continued until I decided to part ways with these scammers who make millions of dollars on the naive like me! If you have already started cooperating with this scam broker, then get ready for the fact that you will have to invest a lot more and eventually lose them all!
I started with an investment of $300 but I didn't earn anything because of the horrible terminal. You realize that cooperation with tools4deals cannot be profitable because of constant slippages. I do not recommend you to start working with this strange company. Its management does not care about customers and ignores their problems. The scammers just want to take all your money and disappear. Don't waste your time and money on tools4deals, otherwise you will regret your decision!!!
I have been using the services of this firm for about half a year and so far I am satisfied with our cooperation. The broker is regulated by the Financial Commission, that is, it has a license from the structure that guarantees a refund of $100k to every Tools4Deals trader, and this is an indicator of reliability. Also brokerage services are combined with savings plans and here clients receive a stable income from passive investments. The trading platform has several categories of assets - I can work with currency pairs, i.e. Forex, as well as I have access to the asset market and commodity exchanges around the world, including the legendary Hong Kong exchange. The broker tends to provide more opportunities to make money on currency pairs. There is no demo account at tools-4deals.com and this is a slight disadvantage. However, there is a simple registration and a bonus, but I did not use it. I started trading immediately on a real account on signals with the help of an analyst from the broker. I am almost completely satisfied with this platform. I can recommend it, first of all, for novice investors, but professionals will be able to understand the pros and cons themselves :).
I am glad to have a trader training program with this brokerage company, that point is very important to me. This feature is not available at tools-4deals.com at the minimum rate, so I decided to open a "Bronze" account right away and deposited $3,500. Besides, there are much better conditions for trading there - there is a financial personal consultant, 1 insured deal and a 50% bonus from the broker. I've been trading here for only a couple weeks, so I can't give recommendations to other traders right now, but I like learning on this platform.
I realized after two days that this terminal is manipulated, so the trader has no chance to earn a normal profit. Who would cooperate with a broker with whom you only lose money?!!
These sneaky crooks talked me into investing $10,000! I was hoping to learn everything quickly and make a lot of money, but things didn't go according to plan. I was just wasting my capital on unfavorable deals and decided to leave this site. However, the administrators began to reject my withdrawal requests one by one. Then I contacted technical support, where the operator explained to me that until I double my deposit, I will not withdraw anything. This is a clear SCAM!!!
I thought this broker was reliable, proven, and experienced, but my illusions have collapsed. I hoped for quality service, starting to trade with a deposit of 800 dollars, but this broker did not meet my expectations. The last discovery for me was the incredibly incompetent answers to my questions from the technical support. I've been in constant conflict with Tools4deals staff because of their program, which constantly shuts down and prevents me from trading. But they don't even try to fix it and now they are already ignoring all my complaints. I am no longer going to waste my time and money with this horrible company and I recommend you do the same!