Toobit
Newer St. Vincent crypto exchange with high leverage and demo accounts
Platform Overview
Toobit is a cryptocurrency exchange registered in St. Vincent and the Grenadines, launched in 2022. It offers spot and futures trading with up to 150x leverage and provides both demo accounts and copy trading features. The platform is relatively new with limited track record and insufficient publicly available transparency data.
Company Information
- Registered Company Name
- Toobit Technology Ltd
- Brand Name
- Toobit
- Headquarters
- St. Vincent and the Grenadines
- Year Established
- 2022
- Parent Company
- Toobit Technology Ltd
- Publicly Listed
- No
Transparency Signals
This score is based on currently available transparency, complaint, reputation and research signals, and may evolve as more data becomes available.
No strong distinguishing signals identified yet
Platform operates under offshore regulatory framework
- Platform operates under offshore regulatory framework with limited investor protection
- Limited operational and financial disclosure publicly available
Platform operates under offshore regulatory framework with limited investor protection
Limited operational and financial disclosure publicly available for independent verification
Trust Dimension Breakdown
Measures the completeness and verifiability of platform disclosures including regulatory filings, operational transparency, and transparency improvement efforts.
Evaluates regulatory standing, jurisdictional oversight quality, institutional engagement, and regulatory tier classification.
Assesses fund safety mechanisms, complaint history, complaint resolution track record, and customer service quality.
Reflects market standing, research commentary, expert-assessed execution quality, and liquidity reliability.
Evaluates platform uptime, technical reliability, customer service responsiveness, and operational transparency.
Measures industry contribution through education initiatives, research collaboration, ESG programs, and investor awareness efforts.
Regulatory Intelligence
Brand Name
Regulatory information displayed here is compiled from public registries, third-party sources, and platform self-declarations. IFCCI does not guarantee the completeness or accuracy of this information. Always verify directly with the relevant regulatory authority.
Regional Market Signals
Malaysia Market
Asia Pacific
Global Market
Regulatory Licenses
Internal Transparency
Transparency profile visualization
Trading Conditions
| Instrument | Spread |
|---|---|
| EUR/USD | N/A |
| GBP/USD | N/A |
| USD/JPY | N/A |
| XAU/USD | N/A |
- Commission
- Maker 0.02% / Taker 0.06% (futures); Maker 0.10% / Taker 0.10% (spot)
- Inactivity Fee
- None
- Deposit Fees
- Free (crypto)
- Withdrawal Fees
- Network fee (varies by coin)
- Withdrawal Processing Time
- Instant to 30 minutes (crypto)
Platform Infrastructure
Safety & Protection
Operational Details
- Supported Languages
- English, Chinese, Korean, Turkish, Vietnamese
- Support Channels
- Live ChatEmailTelegram
- Payment Methods
- CryptoCredit Card
Community Snapshot
Submit a Complaint
Platform Comparison
| Regulatory Tier | Offshore | Offshore |
| Transparency Signals | 1.0/10 | 4.8/10 |
| Minimum Deposit | $0 | $25 |
| Maximum Leverage | Up to 1:150 | Up to 1:500 |
| Spread Type | Variable | Variable |
| Execution Model | DMA | Market Maker |
| Year Established | 2022 | 2011 |
| Trading Products | 2 | 5 |
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Information presented is compiled from publicly available regulatory sources and user submissions. IFCCI does not make recommendations or endorsements. Users should conduct independent due diligence.
Legal Disclaimer
The IFCCI Transparency Programme is an independent research initiative and does not constitute regulatory supervision, professional financial advice, or official compliance certification. All findings represent research-based observations intended to contribute to financial industry transparency discourse and informed evaluation. FinScope is a technology platform developed to support the programme’s public-facing digital interface.