Score

1.42 /10
Danger

TOPEVERESTBTC

Seychelles

2-5 years

Suspicious Regulatory License

High potential risk

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Exposure

Time Machine
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Score

Regulatory Index0.00

Business Index6.34

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

TOPEVERESTBTC

Company Abbreviation

TOPEVERESTBTC

Platform registered country and region

Seychelles

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-15
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

TOPEVERESTBTC · Company summary

Note: TOPEVERESTBTC's official website: https://topeverestbtc.com/ is currently inaccessible normally.

TOPEVERESTBTCReview Summary
Founded2021-04-19
Registered Country/RegionSeychelles
RegulationNot regulated
Market InstrumentsForex, CFDs, Indices, Commodities and Shares
Demo Account/
LeverageUp to 1:5
Spread$39
Trading PlatformWeb-trader
Min Deposit₮250
Customer SupportEmail: support@topeverestbtc.com
Address: Second Floor, Sound & Vision House, Francis Rachel Str., Victoria, Mahe, Seychelles

TOPEVERESTBTC is an offshore broker offering various trading assets, including Forex, Indices, Commodities and Shares. However, the minimum deposit is $ 250, and it also lacks regulation. Moreover, it provides five account types: Starter, Standard, Silver, Gold and VIP.

TOPEVERESTBTC's homepage

Pros and Cons

Pros Cons
Various account typesNot regulated
Multiple trading assetsLow leverage
High minimum deposit
Limited contact methods

Is TOPEVERESTBTC Legit?

TOPEVERESTBTC, which is located in Seychelles, is not regulated by the local financial authorities, the Seychelles Financial Services Authority (SFSA). So it doesn't need to obey the rules of regulations. Traders should keep cautious.

No license
Domain information

What Can I Trade on TOPEVERESTBTC?

Tradable Instruments Supported
Forex
Shares
CFDs
Indices
Commodities
Metals
Options

Account Type

TOPEVERESTBTC provides five account types: Starter, Standard, Silver, Gold and VIP. And whether the demo account is offered, it isn't mentioned.

Account TypeMinimum Deposit
VIP250,000+
GOLD50,000-249,999
SILVER10,000-49,999
STANDARD5000-9999
STARTER250-4999

Leverage

The leverage of TOPEVERESTBTC is 1:5. However, TOPEVERESTBTC claims its leverage can be increased to 1:1000. Traders should be calm because high leverage not only brings high profits, but high loss.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Web-traderAndroid and IOSExperienced traders

Deposit and Withdrawal

Deposit Options

Deposit OptionMin. Deposit
Cyptos₮250

Withdrawal Options

Withdrawal Options Min. Withdrawal Fees
Credit/Debit cards€100 €25+10
E-wallets
Bitcoin
Bank Wire Transfer€500€50

Customer Service

TOPEVERESTBTC offers 7/24 customer support by email.

Contact Options Details
Phone
Email support@topeverestbtc.com
Support Ticket System
Online Chat
Social Media
Supported Language English
Website Language English
Physical Address Second Floor, Sound & Vision House, Francis Rachel Str., Victoria, Mahe, Seychelles

The Bottom Line

TOPEVERESTBTC is not a good choice for trading. The minimum deposit is higher than other brokers. Besides, it is not supervised by any regulations. Though it offers various account types and trading assets, its fees are high.

FAQs

Is TOPEVERESTBTC safe?

No, TOPEVERESTBTC is not regulated.

Is TOPEVERESTBTC good for beginners?

No. The absence of regulation of TOPEVERESTBTC will bring many high potential risks.

Is TOPEVERESTBTC good for day trading?

No. The withdrawal fees of TOPEVERESTBTC are high.

User Reviews

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FX1569811702
more than one year
The withdrawal process was convoluted, and they replicated the same fee-hiking tactics. Transparency and customer empathy were sorely lacking, making the overall experience disappointing and cautionary for potential investors.
The withdrawal process was convoluted, and they replicated the same fee-hiking tactics. Transparency and customer empathy were sorely lacking, making the overall experience disappointing and cautionary for potential investors.
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2023-12-21 22:20
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