Tosal
We checked Tosal against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Tosal claims to be owned by Tosal Markets Limited, a company carrying a U.S. license supervision issued by the National Futures Association (NFA) with NFA number: 0549629. We indeed found a matching result in NFA's registry, however, Tosal is not overseen by NFA as it is not an approved member of the regulator. As a forex trader, you must bear in mind that if a broker claims to be eligible to solicit US customers in forex activities, it must: 1) be accredited as an approved Forex Dealer Member of NFA; 2) be admitted as a "retail forex exchange dealer." Obviously, Tosal doesn't satisfy these conditions. The truth is, Tosal is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Tosal.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.