WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!

TOMAHAWK

United Kingdom|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.tomahawkfx.com/enindex.html

Website

Rating Index

Contact

cs@tomahawkfx.com
https://www.tomahawkfx.com/enindex.html
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

More

Company Name

TOMAHAWK FINANCE CO., LTD

Abbreviation

TOMAHAWK

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-11-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 10 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

TOMAHAWK · WikiFX Survey

Users who viewed TOMAHAWK also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

CPT Markets

8.60
Score
10-15 yearsRegulated in United KingdomMarket Making(MM)MT4 Full License
Official website

Decode Global

8.64
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

FXCM

9.44
Score
Above 20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

TOMAHAWK · Company Summary

Note: TOMAHAWK official site - https://www.tomahawkfx.com/enindex.html is currently onsale and not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

TOMAHAWK Review Summary in 6 Points
Regulation Unregulated
Market Instruments Forex, indices, commodities, stocks
Demo Account Not available
Leverage Up to 1:500
Trading Platforms MT5
Customer Support Email

What is TOMAHAWK?

TOMAHAWK

TOMAHAWK, with full name TOMAHAWK FINANCE CO., LTD, offers various financial instruments to its clients including Forex, indices, commodities, stocks. However, the lack of regulatory oversight and a non-functional website raise concerns about reliability and credibility, increasing investment risks.

In our upcoming article, we will present a comprehensive and well-structured evaluation of the broker's services and offerings. We encourage interested readers to delve further into the article for valuable insights. At the end of the article, we will provide a concise summary that highlights the distinct characteristics of the broker for a clear understanding.

Pros & Cons

Pros Cons
MT5 trading platform Unregulated
Website on sale and unavailable
Negative reports on WikiFX
Limited customer service channels
Lack of transparency

Pros:

MT5 trading platform: TOMAHAWK offers the advanced MetaTrader 5 (MT5) platform, renowned for its comprehensive features and user-friendly interface, empowering traders with efficient tools for market analysis and execution.

Cons:

Unregulated: The lack of regulation poses risks for traders regarding fund security and legal protection, undermining trust and confidence in the platform.

Website on sale and unavailable: The unavailability of the website suggests operational instability and raises concerns about the platform's reliability and long-term viability.

Negative reports on WikiFX: Multiple negative reports on a reputable platform like WikiFX signal issues or grievances among users, warranting caution and further investigation.

Limited customer service channels: TOMAHAWK's reliance solely on email for customer support restricts accessibility and responsiveness, hindering timely resolution of traders' concerns or queries.

Lack of transparency: Insufficient transparency regarding trading conditions, fees, and regulatory status erode trust and confidence among traders, leading to uncertainty about the platform's integrity and reliability.

Is TOMAHAWK Legit or a Scam?

When considering the safety of a brokerage like TOMAHAWK or any other platform, it's important to conduct thorough research and consider various factors.

  • Regulatory sight: Currently, this broker is running without any legitimate regulatory supervision, fostering doubts about its legitimacy and trustworthiness. This worry is heightened by the broker's inaccessible website. It's vital to engage in comprehensive research when involving oneself with any financial entity, particularly when clear cautionary indicators like these are evident.

No license
  • User feedback: There are some reports on WikiFX about withdrawal issues, fraud, trade manipulation etc., which severely questions the broker's reliability. These exposures serve as serious warning signs for anyone considering their services and urge utmost caution.

  • Security measures: So far we cannot find any security measures of this broker.

In the end, choosing whether or not to engage in trading with TOMAHAWK is an individual decision. It is advised that you carefully balance the risks and returns before committing to any actual trading activities.

Market Instruments

TOMAHAWK claims to provide a diverse array of market instruments for the trading preferences and strategies of its clients.

Traders can engage in the dynamic forex market, taking advantage of opportunities in currency pairs to capitalize on exchange rate fluctuations.

Additionally, TOMAHAWK offers trading options in indices, allowing traders to speculate on the performance of key global indices such as the S&P 500, FTSE 100, and Nasdaq.

For those interested in commodities, the platform facilitates trading in various commodities including precious metals like gold and silver, as well as energies like crude oil and natural gas.

Moreover, TOMAHAWK provides access to a wide selection of stocks from leading companies worldwide, enabling traders to invest in the equity markets and diversify their portfolios.

Leverage

TOMAHAWK promotes a maximum leverage ratio of up to 1:500, offering traders the potential for increased profits.

However, it's imperative to acknowledge the heightened risk associated with such high leverage. While leveraging amplifies trading positions and can lead to higher returns, it also magnifies the impact of market movements on deposited funds, resulting in substantial losses.

Trading Platofrms

MT5

TOMAHAWK's trading platform is powered by MetaTrader 5 (MT5), a robust and versatile platform renowned for its advanced features and user-friendly interface. With MT5, traders have access to a comprehensive suite of tools and resources to execute their trading strategies with precision and efficiency. The platform offers a wide range of technical indicators, charting tools, and analytical features, empowering traders to conduct in-depth market analysis and make informed decisions.

Additionally, MT5's support for multiple order types and execution modes provides flexibility for traders to implement their preferred trading strategies.

User Exposure on WikiFX

On WikiFX, 12 reports about withdrawal issues, fraud, trade manipulation etc. raises serious concerns and serves as a cautionary signal to traders. We strongly recommend that traders carry out a comprehensive review of all relevant details before making a decision. Our platform is designed to serve as a crucial resource in your trading journey. If you ever encounter any fraudulent brokers or have personally experienced such malpractices, we strongly urge you to report it in our “Exposure” section. Your contributions are invaluable in helping us achieve our mission, and our expert team will make every effort to respond to your concerns promptly.

User exposure on WikiFX

Customer Service

TOMAHAWK disappoints with its limited chat support, offering only email (cs@tomahawkfx.com) assistance. This approach falls short of industry standards, lacking real-time communication channels for immediate assistance such as live chat and phone. Traders will face delays in resolving queries or issues, impacting their trading experience and overall satisfaction with the platform.

Conclusion

In summary, TOMAHAWK, an online trading broker whose website is on sale, offers forex, indices, commodities, stocks as market instruments to global customers. However, the absence of regulatory supervision paired with ongoing issues related to website accessibility cast considerable doubts regarding its operations. Additionally, some exposures on WikiFX regarding frauds, withdrawal issues etc. and limited customer support channels further impair the broker's reliability.

Given these concerns, we recommend you to consider opting for other brokers who underscore the value of transparency, rigidly adhere to regulatory requirements and consistently deliver high-quality, professional customer service.

Frequently Asked Questions (FAQs)

Question 1: Is TOMAHAWK regulated?
Answer 1: No. The broker is currently under no valid regulation.
Question 2: Is TOMAHAWK a good broker for beginners?
Answer 2: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its unavailable website and negative reports on WikiFX.
Question 3: Does TOMAHAWK offer the industry leading MT4 & MT5?
Answer 3: Yes, it offers MT5.
Question 4: Does TOMAHAWK offer a demo account?
Answer 4: No.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

Review 13

13 Comments
Write a comment
All(13) Latest Neutral(1) Exposure(12)
Scroll down to view more
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com