Tornado Reviews

I downloaded Tornado after being influenced to sign up for it for a reward from a different app.
After opening an account I received $50 of trades. I honestly don’t even remember the promotion that awarded me that but that’s not the point. The point is that over the course of a month or so I began to realize that Tornado is designed to take your money with the illusion of being able to one day withdraw the profits. However Tornado stated that I had to leave any funds in it for a year before they could be withdrawn. Inexplicably one day I noticed all of the stocks I had bought with the $50 had been sold. However there was no money in my “cash” it was just gone. Every month there is a five dollar fee for Tornado , which has slowly eaten up the remainder of anything I had in it. I now have five dollars left that I can’t withdraw. I questioned many times whether Tornado was actually even trading stocks or not or whether it was just a simulation of a brokerage app. I would steer clear of this one. Customer service did nothing to help my issue of missing funds. In fact I actually only was locked out of my account for several weeks when I reported it. I just signed back in today to discover that there’s only $5 left of what I had in it.
This all is a scam. Do not waste your money or your time

I was very excited to use Tornado, hearing that I can see what other investors are saying about the stocks was awesome, except for the fact the usual thing you get about the stock is “Apple is good”, there is rarely any real info. The education part is the same basic stuff that you click through in a few slides. And lastly, good luck trying to ever take your money out, that feature is currently broken, and they send you to different departments where they never get back to you. There are much better apps for investing that are working correctly!!!

I don’t usually write reviews but i’m a petty person when I get stolen out of a chunk of change. They have a terrible interface with terrible support. I created my account with no issues originally, made a deposit, verified my bank. Once my deposit cleared I was logged out of my account and wasn’t able to log back in. So I did what any person would, contact support. I was told my account was closed and politely told to screw off. I asked about the funds that were deposited into the account and how to withdraw and they said it’s not possible. Never had this experience with robinhood, webull, public where my account is closed without even making a trade. Please save your time and money and go to robinhood, webull, or public.

UPDATE : They replied with asking me to contact support, but I already did and after 5 emails I haven’t received a response. Last thing they said is that my account is closed, no reason disclosed, and that withdrawal is not available for closed accounts.

If you were a beginner or even a novice at investing in stocks to train stocks, I highly suggest not downloading Tornado. They use a ploy for “ free money” but you cannot cancel your account for over a certain amount of months and they charge you six dollars every single time earning the free amount of money will not be worth it. This is more of an advanced platform. It is not good for beginners. You will lose money. I can’t believe I’m saying this, but I actually suggest Robinhood over Tornado. I attempted to close my account months ago and they denied it because of the free money not clearing. So I lost even more money because Tornado kept charging me monthly service fees and did not return anything per their policy. Users beware and beginners to stop trading platforms please keep in mind that you can learn for free on Weibo through paper, trading and practice before you actually start losing your real money. Please do not download Tornado.

I’m not sure there is anything good I can say about this company. App is confusing, everything about it is confusing. After linking your bank, no choice to unlink it.

So I had my account set up, didn’t do anything with it, and got charged 3.99 a month every month since then. But they took it out of the “promotional” credit they falsely give you.

After about 12 months, they randomly pulled $400 out of my bank account, and when I contacted them “it’ll be 14 days before those funds can be sent back to your account”. No notice of them pulling or anything.

14 days later, only $341 was available to pull back out, and the other $59 disappeared. When asked, “all funds are available”

I requested to close my account, no response. I requested again, “please close any open trades”. I’ve never traded on Tornado.

Flash another year, I just got charged $10 for my monthly account fee, and they took they directly from my back account. Again, no notice. When I contacted them, this morning “every account is automatically charged $10 for trading”

Then why was it $4 before?

Sketchy app. And they won’t refund my $10, but I finally got my account t closed. Waited to post a review in case they wouldn’t close my account with a negative review.

Before you start to get ahead of yourself, NO IM NOT TALKING ABOUT THE BONUS MONEY I GOT FROM THEM. I am talking about the money I have in the account, that amount that is left after the bonus. I tried this app for a while but paying $5 for an app that has minimal features and a horrible interface just doesn’t make sense when there’s apps out there like Webull, Public, Fidelity, etc. Tornado is horrible, the prices are always lagging, they will fill your market orders way off from what the price says and then once your ready to deposit Tornado won’t allow it. The one thing Tornado has going for it, is customer service. They are usually fast at responding but it’s been 2 days and I still cannot withdraw. Getting frustrated, thankfully it’s not a bunch of money. Now I know I can never trust Tornado enough to deposit a ton of money into it.

This is literally the worst stocking trade app that I’ve ever been on I’ll even put money on here and somehow the $20 that I put on here all of a sudden it magically went to $5.01 and put more money on here and can’t even buy any stock what is the point of Tornado if I can’t even buy anything I really just want my money back you haven’t even done anything for me except take my money for nothing I didn’t trade anything I wasn’t able to buy anything I put $20 on there he said he would take a day or two for the money to be on there and then I got a notification saying that the money was on there and literally 30 minutes later I got another notification saying that my balance was $5.01 after I had just put $20 on there what kind of stuff is that

Crappy service cost five bucks a month for a limited amount of trades almost everywhere else is free and they have very limited amount of tools to trade just some blogger post what she can get anywhere for free so there’s upside in joining no options no real charts and if you cancel have to pay 5$ per trade terrible company etrade free Td Ameritrade free Charles Schwab free Fidelity free there’s a number of companies you can get much better service for free they promise you like free joining money at the beginning but she have to keep the money in for so much time meanwhile they’re charging you five dollars a month so they’re making it all back not worth it don’t waste your money or your time with this company

I started using Tornado almost a year ago. I deposited $100 and got a small $20 bonus. I knew that I would have to wait a year to cash out, which I don’t mind. However, a year is approaching, very soon. Guess what? They closed my account. No notice. No warning. No explanation. This company is NOT a legit company. Bunch of scam artists. Never seen worse robotic customer service. I’m assuming I’ll never see my money. Hoping this review prevents others from falling for this garbage. Will be reporting to the SEC but we all know that might not help.

Basically unless u have a nice sum of money laying around… like the same kinda money that u could just go b a day trader with then this is a waste of your money… they only give u a bonus on the initial deposit if it is over a certain amount… so don’t open an account until that happens.. the “learn and earn” is basically free membership (cause there is a $5 a month membership fee that I didn’t see at first). The membership (keep in mind costs $5 a month which is t bad but robinhood is free) gives u 25 “free” trades a month. Which is just laughable since the only thing the membership does is gives me those “free” trades. Also with the learn and earn h have to have those funds sitting in the account for 1 year and if u do deposit money the membership comes out of your depositors money not the learn and earn making it so u can’t pull out the money u put in… and if all this is said somewhere it is buried in the fine lines while they use lots of word play (almost like they are intentionally trying to mislead) I just can’t trust a company that does that kinda shifty shady stuff with all their double speak… I would trust a hot girl that suddenly found me attractive right after I won the lottery more then invesr I mean this app… cause rebranding like that also isn’t a red flag…

Tornado has major technical
Issues. Half the time I can’t even access my account and when I do actually get in, most of the time the functions of Tornado don’t even work or are painfully slow and freeze up. Everybody else I know that ises Tornado say the same thing so I know it’s not my device. Also, If you want to lose a lot of your profits to monthly fees and commission fees, this is the trading app to use. With the enormous amount of trading apps that are totally free and great platforms, I can’t believe Tornado/trading platform even has users anymore. Absolutely horrible. Stay away.

I got this under little disclosed pretense this was similar to Robinhood. Very much wrong: charged $5 a whole set of trades. Do I look like a Wall Street broker? Then I had to wait and try to keep this account under zero dollars because I have the credit to drain the account so I can close this account. However when I’m under five dollars it actually charged five dollars separately from my bank account!! Why can’t they just reduce my account to zero? I just want to kick me out of this forever. I want this canceled and to never see this again.

I was fooled by an Instagram ad for this service. They make it sound so great with new account bonuses and all this nonsense, but they charge monthly fees.

You can trade stock on plenty of other services without any sneaky fees being taken from your account every month. It’s very poorly advertised that this isn’t a free service or that they’re going to take money from you other than transaction commissions after your monthly total of free trades. Don’t use Tornado. The social features aren’t even very useful and it’s definitely not worth a monthly cost.

$2 fee just to have an account. Plus, you only get 10 trades for that. There are too many free trading applications out there. Any trade beyond that is $4.99 I believe. Not sure what you’re benefiting from here for all those fees.

The interface is cumbersome and buggy. I’ve traded with heavy data like this before but this isn’t laid out in a great way. Tornado won’t let me deduct my funds either. Says it’s going through but just freezes. I’ve tried several apps and this is by far the worst of them all. If you’re an avid trader, Webull is better. If you’re a beginner, Robinhood is better. If you want fractions, M1 is better. This isn’t great.

Tornado is thin on tools and the subscription price occasionally gets hiked up at random but the customer service is exceptional and the UI is very well made - easy to navigate. ANS THIS IS CERTAINLY NOT a scam. NVSTR/this app is a legitimate trading app and the company conducts business honestly. The year long hold on promotional funds is so people don't cash out without trying Tornado . Nearly every other investing app has a similar stipulation for promotional bonuses. There are a LOT of scammy companies with apps but this is a company you can trust. Of course, if you make shotty investment choices and blow your money, that's not the fault of Tornado .

A great company that understands the consumer and goes the extra mile with excellent customer support. This is what will make them a great company. The learn and earn feature is great for first time investors like me. I like Tornado layout and how it is simplified, intuitive, and very easy to use. I look forward to seeing what they have in store for their future as well as my own (financially speaking, lol) Thanks this app Team!

Well-designed and easy to navigate. Love the social network aspect and notification feed. Makes it easy to see what my friends are investing in and find new ideas. I was never a single stock investor before, but nvstr makes it easy and organized. A tool like this is essential to make money in this market!

Lots to LOVE about Tornado—a great platform to learn from the collective intelligence of people you trust.

- Insights: high quality comments from former Wall Street analysts, as well as from people you trust. Plus, you can directly ask those analysts questions about stocks!
- Personalized content: read what users think are the Pros & Cons of the stocks you care about
- Test your conclusions: see which of your connections agree or disagree with your comments, and gain insight into what you could be missing
- Find new stocks: see what your connections are doing--what stocks are they buying and selling, and which are they following closely or writing about
- Fun: weekly performance badges show how well your ideas are doing vs your connections
- Other: lots of financial / valuation metrics

Aside from the learn and earn app this one is the best. I also use coinbase and plynk and have used stash and acorns in the past. This one beats literally every app I can think of, aside from learn and earn, they’re tied. I can’t recommend Tornado enough though. It’s legitimately perfect with teaching, helping you to earn money, and get connected with others. It feels like there’s an actual community so you’re less alone.

Worth checking out for sure, I just got it but already like it and the design of it, easy to use and fun. Now I don’t have to email and text my friends before I do trades to discuss new ideas. Will def use Tornado to generate new ideas and trade.