Toro Corretora de Títulos e Valores Mobiliários S.A.
Primary
BR
29.162.769/0001-98
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1 entity
unverified
Broker profile
SA
Santander Corretora (Toro) Review: Is It Legit and Regulated?
Toro Corretora de Títulos e Valores Mobiliários S.A.
BR
Operating period unverified
AKA Santander Corretora
AKA Toro CTVM
AKA Toro Investimentos
FindMyFX score
critical risk3.8/10
0
Score out of 10
10
Independent assessment
Updated 2026-07-28
Contact & regulation
- Official website
- toroinvestimentos.com.br
- Address
- Rua Bernardo Guimarães, 166, Funcionários, Belo Horizonte, MG, Brazil
- Contact
- +55 11 4000-1580
- Primary license
- BCB · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is Santander Corretora (Toro) legit and regulated?
FindMyFX has license records for Santander Corretora (Toro), but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.
Broker-provided company information
Santander Corretora (Toro) is a Brazilian exchange-brokerage operation whose official sites describe Toro as Santander's trading platform. The reviewed offering includes B3-listed products and exchange-traded mini-dollar contracts rather than a documented OTC retail spot-forex account.
Professional broker overview
FindMyFX editorial summary
The Toro platform operates under CNPJ 29.162.769/0001-98 and official pages state that the entity is authorized by Banco Central do Brasil. Its trading offering is centered on Brazilian exchange products, with Profit-based platforms, order-book execution and a market simulator. The legal naming is in transition because Santander's page describes Santander Corretora as the new name of Toro CTVM while noting a regulatory approval process.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: The public-facing legal name is in transition. FindMyFX staff should confirm the final registered denomination and current regulator records before publication.
- Operational status
- active
- Broker type
- unknown
- Execution model
- Exchange-brokerage access to B3 products through electronic trading platforms.
- Support hours
- Business days 09:00-20:00
Support languages: Portuguese
Documented advantages
- Official pages identify the legal CNPJ, address and Banco Central authorization.
Documented limitations
- The legal denomination is described as being in a regulatory approval transition.
100%coverage
Published profile coverage
8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
Markets and instruments
B3-listed securities
unverified
BDRs
unverified
ETFs
unverified
Mini dollar futures
unverified
Options
unverified
Additional and historical websites
Research sources
Licenses and regulators
BCB
No license number
Last verified: Not shown
Type: Financial institution authorization
Client class: retail
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Non-trading fee schedule
Brokerage Fee
unverifiedBRL 0.0000
The official site advertises zero brokerage; this does not establish that exchange, clearing, platform or statutory costs are zero.
Score components
Regulation and licenses
5.0/10 · 35%Official authorization disclosed; register review pending.
Security and track record
2.5/10 · 20%Limited official operating-history evidence.
Trading conditions
5.0/10 · 15%Official products and platforms found; pricing incomplete.
Company transparency
5.0/10 · 10%Entity and material identifiers officially disclosed.
Service quality
2.5/10 · 10%Official contact data found; outcomes unverified.
Verified user reviews
0.0/10 · 10%No inspectable verified user-review dataset used.
Profile update history
Broker profile was published.
2026-07-28
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These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.