Search

TOMAHAWK Forex Broker provides real users with * positive reviews, * neutral reviews and 12 exposure review!

TOMAHAWK Broker Review

1.46

WikiFX monitor

Business

Influence E

License

No license

TOMAHAWK Review 12

Latest All(12) Exposure(12)
Exposure
Trade Manipulation

I was trading in gold suppose to be im coming to get profit but then theres a bouncing trend happen which is. after the bouncing trend my trade was become negative all my balance loss. i was in sell and the bounce trend is bullish so i lost all my balance. check out the trend you will see the rain drop . its all about manipulation

kyle cyrene
2022-01-17
Exposure
Refund at last

Its very obvious this company is a fraud. I personally have been burned twice and I had to learn the hard way through personal experience which I wouldn't want anyone else to be a victim of. Tomahawk Finance stole my earnings and denied me access to my account, I was told to deposit more funds to get access to my withdrawals which made me suspicious of their activities because after making deposits on two different occasions, i still couldn't access my withdrawal. I was robbed out of $87,890 by them but I later recovered with the aid of fintrack.org. I really appreciated their conscious effort in helping me get back my investment from the thieves at Tomahawk.

FX8522024702
2021-12-18
Exposure
Unable to withdraw

I started to invest on this platform since August and cannot contact relevant personnel of the platform at the end of October.

230103
2021-12-14
Exposure
Tomahawk finance platform is unable to withdraw

From July 20, 2021, I met Zhang through Facebook. She claimed to run a medical beauty shop in Telford Plaza, Weiye Street, Kowloon Bay, Hong Kong. Her uncle Chen worked in the Hong Kong Securities Regulatory Commission and cooperated with Li's financial company. A professional analysis team can provide gold futures trading information on the MT5 platform (the specific platform information is attached) to ensure trading profits. Then, after Zhang introduced and got in touch with Li, he opened an account on the MT5 platform introduced by him. Through preliminary attempts, he could successfully withdraw funds (via Binance platform), and was induced step by step to transfer more than 3 million yuan. 2.3 million through China Construction Bank (with screenshots of transfer records), and Alipay and CITIC Bank cards to buy usdt on the Binance platform, which is equivalent to RMB 1.03 million. As of the end of October, since I need money for some reasons, I apply for withdrawal, but I lost the contact with since November 4. It is suspected that this is a scam group, and the specific personnel cannot be contacted, nor can it be withdrawn.

FX2360227390
2021-12-14
Exposure

Unable to withdraw! If you are deceived, please report it to the Anti-fraud Center, to the Hong Kong Police Station and the Securities Regulatory Commission. We have already reported the case and there is no updates from Hong Kong. It is always better to have more people.

230103
2021-12-08
Exposure
Fraud platform does not allow withdrawal

Fraud platform adds people via QQ. The teacher takes a lecture from cryptocurrency. They slowly induced you to gold in one month and does not allow to withdraw after the deposit. The platform also close.

前海房东
2021-11-30
Exposure
big liar -do not trust what they told you

the agent constantly making hurdles to allow you to withdraw money, we have been paying more than 100k US dollar for security fund and withdraw fees. after paying all the fees, the agent block me and disappeared. do not trust this company.

Ryan51555
2021-11-06
Exposure
Unable to withdraw

Forced liquidation. It led me to high position and rejected withdrawal for many reason. I was hurt terribly.

FX1509030736
2021-10-18

  

Tomahawk 2025 Review: Everything You Need to Know

  The Tomahawk FX brokerage has garnered significant attention, but the reviews paint a concerning picture for potential investors. While some users highlight attractive cashback offers and a range of trading instruments, an overwhelming number of reviews raise red flags regarding its reliability and regulatory status. It is particularly noted that Tomahawk operates without proper regulation, which poses serious risks for traders.

  Note: Its important to recognize that Tomahawk appears to operate under various entities across different jurisdictions, which complicates the evaluation of its legitimacy and regulatory compliance. This review aims to provide a balanced perspective based on available information.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 3
Tools and Resources 5
Customer Service and Support 2
Trading Setup (Experience) 4
Trustworthiness 1
User Experience 3

  We rate brokers based on user feedback, regulatory status, and overall market reputation.

  

Broker Overview

  Founded in 2007, Tomahawk FX positions itself as a provider of forex trading services, offering a proprietary trading platform rather than the more commonly used MT4 or MT5. The broker claims to facilitate trading in various asset classes, including forex, commodities, and indices. However, it has been widely reported that Tomahawk lacks regulation from any recognized financial authority, raising concerns about the safety of client funds.

  

Detailed Review

  

Regulatory Environment

  Tomahawk operates in a highly unregulated environment, with no clear information regarding its licensing or regulatory oversight. This lack of regulation is a significant concern, as it means that traders have little recourse in the event of disputes or issues regarding fund withdrawals. According to multiple sources, including Global Fraud Protection, Tomahawk is classified as an unregulated scam broker.

  

Deposit and Withdrawal Options

  While specific information about deposit and withdrawal currencies is sparse, it has been noted that Tomahawk does not offer a clear structure for these processes. Many users have reported difficulties in withdrawing their funds, with some claiming that the broker imposes unreasonable fees or delays. According to Forex Peace Army, clients often face obstacles when attempting to access their money.

  

Minimum Deposit

  Details regarding the minimum deposit required to open an account with Tomahawk are not explicitly stated in the reviews, which adds another layer of uncertainty for potential investors.

  

Bonuses and Promotions

  Tomahawk FX promotes cashback offers and rebates, which can initially seem appealing. However, the sustainability and reliability of these promotions are questionable, especially given the overall negative feedback regarding the brokers practices.

  

Asset Classes

  Tomahawk claims to offer a variety of trading instruments, including major and minor currency pairs, commodities, and indices. However, there is no mention of cryptocurrency trading, which is increasingly popular among traders.

  

Cost Structure

  The cost structure, including spreads, fees, and commissions, remains largely undisclosed. Some reviews suggest that traders may encounter hidden costs, which is a common tactic among unregulated brokers.

  

Leverage

  Tomahawk offers high leverage, reportedly up to 1:500. While high leverage can amplify profits, it also significantly increases risk, particularly for inexperienced traders.

  

Trading Platforms

  Tomahawk operates on its proprietary trading platform, which has received mixed reviews. Users have noted that it lacks the advanced features and security measures found in more established platforms like MT4 or MT5.

  

Restricted Regions

  Tomahawk does not accept clients from the United States, which is often a red flag for potential investors. Additionally, the lack of transparency regarding the brokers operational regions adds to the uncertainty surrounding its legitimacy.

  

Customer Support

  Customer service at Tomahawk has been criticized heavily, with many users reporting slow response times and inadequate support. According to Premium Recoup, clients have experienced significant delays when trying to resolve issues or inquiries.

  

Conclusion

  In summary, the Tomahawk FX review reveals a broker that operates in a highly questionable manner. The lack of regulation, poor customer support, and numerous complaints about withdrawal issues paint a troubling picture for potential investors. While the cashback offers may seem attractive, the risks associated with trading through an unregulated broker far outweigh the benefits. It is advisable for traders to consider more reputable and regulated options to ensure the safety of their investments.

TOMAHAWK review