User Reviews
More
User comment
0
CommentsWrite a review
No comment yet
Offshore Regulated
Score
1.26 /10
Danger
Topltrade
1-2 yearsRegulated in Seychelles
Retail Forex License
Suspicious Scope of Business
High potential risk
Offshore Regulated
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index3.92
Business Index5.07
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Check whenever you want
Download App for complete information
Warning: Low score, please stay away!
2
Previous Detection :
2024-12-23
- The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
- The Seychelles FSA regulation with license number: SD106 is an offshore regulation. Please be aware of the risk!
WikiFX Verification
| Topltrade Review Summary in 10 Points | |
| Company name | Topltrade |
| Founded | 2021 |
| Registered country/region | United Kingdom |
| Regulation | FSA |
| Trading Platforms | Topltrade |
| Market Instruments | Currency pairs, Commodities, US stocks and indices, Forex, Commodities, Stocks, Indices |
| Minimum Deposit | $2 |
| Maximum Leverage | 500:1 |
| Spread | 0.7% spreads |
| Customer Support | Email: support@viexs.co.uk |
Topltrade Information
Topltrade is a leverage trading platform founded in United Kingdom in 2021. It offers the following instruments: Currency pairs, EUR/USD, USD/JPY, GBP/USD, etc.; Commodities, Gold (XAUUsD), Silver (XAGUsD), us oil, etc.; US stocks and indices, Tesla, Facebook, Apple, NASDAQ index, Forex, Commodities, Stocks, Indices, etc.
Pros and Cons
| Pros | Cons |
| Be regulated by FSA | No demo account |
| Provide customer support |
Is Topltrade Legit?
Topltrade is regulated by The Seychelles Financial Services Authority(FSA).
| Regulated Country | Regulated Authority | Regulated Entity | License Type | License Number |
 | FSA | The Seychelles Financial Services Authority | Retail Forex License | SD106 |
What Can I Trade on Topltrade?
You can trade a various market instruments including Currency pairs, EUR/USD, USD/JPY, GBP/USD, etc.; Commodities, Gold (XAUUsD), Silver (XAGUsD), us oil, etc.; US stocks and indices, Tesla, Facebook, Apple, NASDAQ index, Forex, Commodities, Stocks, Indices, etc.
| Tradable Instruments | Supported |
| Currency pairs | ✔ |
| Commodities | ✔ |
| US stocks and indices | ✔ |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
Account Type
Since Topltrade does not provide information, we have no way of knowing the information about the account type.
Topltrade Fees
Currency prices typically move in such tiny increments that they are quoted in pips or percentage in point. Topltrade offers the lowest trading costs in the world at 0.9%. Composed of 0.7% spreads and 0.2% commodities.It will receive commissions from each trade. It will charge a 3% fee for withdrawal trading under most circumstances.
Trading Platform
It uses it's own trading platform, Topltrade.
| Trading Platform | Supported | Available Devices | Suitable for |
| Topltrade | ✔ | IOS, Android, Web | Anyone |
Deposit and Withdrawal
They provide a wide range of popular and secure payment channels and support credit cards, e-wallets, net banking, offline pament, etc. The minimum deposit amount is $2, and there is no fee. The minimum withdrawal amount is $5, and a 3% fee will be charged under most circumstances.
Deposit Options
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Credit cards | $2 | No fee | No mention |
| E-wallets | $2 | No fee | No mention |
| Net banking | $2 | No fee | No mention |
| Offline pament | $2 | No fee | No mention |
Withdrawal Options
| Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
| Credit cards | $5 | A 3% fee will be charged under most circumstances. | Within 30 mins |
| E-wallets | $5 | A 3% fee will be charged under most circumstances. | Within 30 mins |
| Net banking | $5 | A 3% fee will be charged under most circumstances. | Within 30 mins |
| Offline pament | $5 | A 3% fee will be charged under most circumstances. | Within 30 mins |
start to write first comment