Toro Investimentos
Toro Investimentos is the Santander Brasil-owned specialist day-trading platform serving Brazilian retail traders with Nelogica-powered Profit terminals, zero-commission trading, Co-location DMA4 low-latency execution, and 10 million users added via the 2021 Mobills and Monetus acquisitions.
- Company typePrivate
- Founded2010
- HeadquartersBelo Horizonte, Brazil
- Headcount251–500
- GTM typeB2C
- OfferingServices
Toro Investimentos firmographics
Firmographics- Name
- Toro Investimentos
- Legal name
- Toro CTVM Ltda
- Website
- https://toroinvestimentos.com.br
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Toro Investimentos is the Santander Brasil-owned specialist day-trading platform serving Brazilian retail traders with Nelogica-powered Profit terminals, zero-commission trading, Co-location DMA4 low-latency execution, and 10 million users added via the 2021 Mobills and Monetus acquisitions.
- Ownership category
- akta.pro rank
Toro Investimentos industry classification
Industry- Product category
- Online Brokerage
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Commodity Contracts Intermediation (523160)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Execution-Only / Self-Directed Investing Platforms (FSAAAAAI)
Keywords
Where Toro Investimentos is headquartered
LocationHeadquarters
- HQ city
- Belo Horizonte
- HQ country
- Brazil
- HQ region
- Latin America
Offices1 record
Markets served
Toro Investimentos business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Margin and leverage interest: Revenue generated from charging interest on margin loans and leveraged positions. The platform offers up to 300x leverage on day trades, generating interest income on borrowed funds.
- Stock borrowing/lending: Revenue from facilitating stock lending between clients. Clients borrowing stocks pay 0.25% on financial volume, while those lending stocks pay 30% of the asset fee to Toro.
- Assisted/compulsory operations: Commission-based revenue from operations executed via phone or email, or mandatory position closures, with rates ranging from 0.5% for equities to fixed per-contract fees for futures.
- Platform subscription (conditional): Profit Pro platform is free for traders executing at least 4 mini contracts per 30-day period. Re-subscription after failing to meet minimums incurs R$119.90 monthly fee.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Zero Commission Trading |
| Freemium | Pay-as-you-go | Auto-Close Mode (Encerramento Automático) |
| Freemium | Monthly | Profit Pro Platform |
| Transaction based/ take rate | Pay-as-you-go | Assisted/Compulsory Operations |
| Transaction based/ take rate | Pay-as-you-go | Stock Lending (Margin Position) |
| Other | Pay-as-you-go | Government Taxes |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
Toro Investimentos product offering
Product offeringCore offering
Toro Investimentos is a Brazilian online brokerage offering zero-commission trading of equities and futures on B3 through a portfolio of proprietary and partnered platforms — Profit Toro Trader, Profit Pro, Profit Ultra, Scalper Pro, Home Broker Clássico, and the Toro Trader Mobile app — supported by co-located DMA4 execution infrastructure and risk-management features such as automatic position-close. The firm monetizes primarily through interest on margin lending, stock lending, assisted/compulsory operations, and optional platform subscriptions.
Product overview
Toro Investimentos is a trading platform and brokerage operating as part of the Santander Brasil ecosystem, founded in 2010 and integrated into Santander in 2020. The core offering centers on a suite of Nelogica-powered Profit trading platforms (Profit Toro Trader, Profit Pro, Scalper Pro, Profit Ultra, and Home Broker Clássico) combined with zero-commission brokerage, co-location DMA4 low-latency infrastructure, and a Retail Liquidity Provider (RLP) mechanism. The platform is augmented by educational tools (Universidade Trader free courses), a Club Trader loyalty program for high-volume traders, specialized advisory services, and 300x leverage on stock day trades. In 2021, Toro expanded by acquiring the fintechs Mobills and Monetus, adding open banking technology and automated investment capabilities alongside 10 million new users. The platform is available as both desktop and mobile apps distributed through the Apple App Store and Google Play Store, and integrates with WhatsApp for customer support and Telegram for real-time trading recommendations.
Differentiator
Problem solved
Functional benefit
Products and services
- Profit Toro Trader Naming-rights edition of the Nelogica Profit platform offered by Toro Investimentos, providing professional charting, automated strategies, and B3-integrated order entry for Brazilian retail day traders.
- Profit Pro Premium subscription edition of the Nelogica Profit platform distributed by Toro Investimentos, targeting advanced Brazilian traders with extended features.
- Profit Ultra Ultra edition of the Nelogica Profit platform distributed by Toro Investimentos, providing extended capabilities for high-volume Brazilian retail traders.
- Scalper Pro Dedicated scalping platform distributed by Toro Investimentos, optimized for high-frequency Brazilian retail traders executing rapid trades.
- Home Broker Clássico Browser-based home broker platform from Toro Investimentos aimed at traditional Brazilian retail investors seeking a simple interface for B3 equities.
- Toro Trader Mobile Native mobile trading application offered by Toro Investimentos for iOS and Android, allowing Brazilian retail traders to monitor markets, place orders, and manage positions from smartphones and tablets.
- Corretagem Zero Zero-commission brokerage offering from Toro Investimentos that enables Brazilian retail traders to execute B3-eligible trades on equities and futures without paying per-trade brokerage fees.
- Clube Trader Toro Loyalty club offered by Toro Investimentos that rewards active Brazilian retail traders with perks, content, and engagement benefits.
- Universidade Trader Free educational program from Toro Investimentos offering Brazilian traders unlimited access to courses, content, and learning resources on financial market trading.
- Assessoria Especializada (Advisory Hub) Specialized advisory service from Toro Investimentos' Advisory Hub providing Brazilian retail traders with personalized guidance on positioning, strategy, and platform usage.
Quantifiable outcome
- Average customer service response time of 2 minutes via WhatsApp
Companies that use Toro Investimentos
Customer profileSegments3 records
Ideal customer profiles1 record
Toro Investimentos technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature7 records
Toro Investimentos partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- Azevedo SetteminorLegal advisory firm engaged to advise Toro on the Mobills acquisition, handling transaction structuring and regulatory compliance aspects.
- MobillscoreAcquisition of Mobills, a Brazilian fintech providing personal finance and investment management tools. The acquisition added millions of users and incorporated open banking technology and automated investment strategy capabilities into Toro's ecosystem. Transaction involved purchase of all capital through cash and share exchanges, pending regulatory approval.
- MonetuscoreAcquisition of Monetus, a Brazilian fintech specializing in automated investment strategies. Combined with Mobills acquisition, this added 10 million users to Toro's platform. Transaction involved cash and share exchange, subject to regulatory approval.
- NelogicacoreTechnology partnership for trading platform infrastructure. Nelogica provides the Profit trading platform technology (Profit Toro Trader, Profit Pro, Scalper Pro, Profit Ultra) that forms the core trading experience. Toro integrates these platforms with their services and offers them free to qualifying traders.
- B3 (Brasil, Bolsa, Balcão)coreB3 is Brazil's primary securities and derivatives exchange. Toro operates as a broker authorized by B3, with certifications including B3 Operational Qualification and B3 Custody Certification. All trading operations are executed through B3 infrastructure.
Scale indicators1 record
Recent moves7 records
Expansion highlights5 records
Toro Investimentos competitors and assessment
Company assessmentDirect peers
- XP Inc. Brazil's largest independent investment platform offering trading, fixed income, funds, and advisory to retail and institutional clients. Directly competes with Toro across active trading, zero-commission products, and educational content, with similar target customer (mass-affluent retail traders).
- Clear Corretora: Brazilian zero-commission broker focused on active day traders with professional trading platforms. Direct competitor to Toro, particularly in the day-trader and mini-contract futures segment where both offer zero commissions and professional tools.
- BTG Pactual Digital: Digital banking and investment platform from Latin America's largest investment bank. Offers trading, fixed income, and advisory products to retail clients, competing with Toro for mass-affluent Brazilian retail investors.
- Modal Mais: Brazilian digital investment platform offering zero-commission trading, fixed income, and proprietary investment products to retail clients. Competes with Toro for self-directed retail traders in Brazil.
- Inter Investimentos: Investment platform of Banco Inter, a major Brazilian digital bank. Offers trading, fixed income, and investment products to Inter's banking customer base, competing with Toro's integration into Santander's ecosystem.
- Genial Investimentos: Brazilian broker and investment platform offering equities, fixed income, funds, and trading tools to retail and institutional clients. Direct competitor in the Brazilian retail brokerage market.
- Rico Investimentos: Brazilian investment platform owned by XP Inc., offering trading, fixed income, and investment products to retail and professional clients. Competes with Toro across active trader tools and zero-commission offerings.
- Warren Investimentos: Brazilian wealth management and investment platform offering fixed income, funds, and stock trading. Overlaps with Toro in retail brokerage, though with somewhat different positioning toward wealth management.
Emerging players
- Nu Invest (Nubank): Investment arm of Nubank, Brazil's largest digital bank. Newer entrant to brokerage but rapidly scaling with Nubank's 90M+ customer base. Competes with Toro by leveraging Nubank's banking distribution and low-cost model.
Regional players
- eToro: Global social trading platform available to Brazilian investors. Offers commission-free stock and ETF trading plus crypto, competing with Toro for retail traders but with a fundamentally different social/copy-trading positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Toro Investimentos social profiles
Digital presenceToro Investimentos compliance and trust
Trust signalCompliance6 records
Toro Investimentos financial estimates
Financial estimateRevenue estimate
Valuation estimate
Toro Investimentos leadership team
Management profileNumber of profiles
Profiles4 records
Toro Investimentos subsidiaries and ownership
Company hierarchySubsidiaries2 records
Toro Investimentos funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Toro Investimentos M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Toro Investimentos
What does Toro Investimentos do?
Toro Investimentos is a Brazilian online brokerage offering zero-commission trading of equities and futures on B3 through a portfolio of proprietary and partnered platforms — Profit Toro Trader, Profit Pro, Profit Ultra, Scalper Pro, Home Broker Clássico, and the Toro Trader Mobile app — supported by co-located DMA4 execution infrastructure and risk-management features such as automatic position-close. The firm monetizes primarily through interest on margin lending, stock lending, assisted/compulsory operations, and optional platform subscriptions.
Is Toro Investimentos a public or private company?
Toro Investimentos is a private company. It is classified as corporate owned and is currently operating.
When was Toro Investimentos founded?
Toro Investimentos was founded in 2010. It employs 251 to 500 people.
Where is Toro Investimentos based?
Toro Investimentos is headquartered in Belo Horizonte, Brazil, in the Latin America region.
How does Toro Investimentos make money?
Four revenue lines are on record. Margin and leverage interest is the primary driver. The others are stock borrowing/lending, assisted/compulsory operations and platform subscription (conditional).
Who are Toro Investimentos's main competitors?
Direct peers on record are XP Inc., Clear Corretora, BTG Pactual Digital, Modal Mais, Inter Investimentos, Genial Investimentos, Rico Investimentos and Warren Investimentos. Nu Invest (Nubank) is listed as an emerging player. eToro is listed as a regional player.
Does Toro Investimentos have an API?
No public API is recorded for Toro Investimentos.
What industry is Toro Investimentos in?
Toro Investimentos's product category is Online Brokerage. Its primary akta.pro industry code is FSAAAAAI, Execution-Only / Self-Directed Investing Platforms. Its NAICS code is 523 and its SIC code is 6211.