Score

6.59 /10
Average

Top Wealth Trading

Vanuatu

1-2 years

Regulated in Australia

Straight Through Processing(STP)

Medium potential risk

Offshore Regulated

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Comparison

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Time Machine
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Score

Regulatory Index6.24

Business Index4.18

Risk Management Index8.90

Software Index8.26

License Index6.24

Time Machine
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Licenses

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

Single Core

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Broker Information

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Company Name

Topwealth Bullion LIMITED

Company Abbreviation

Top Wealth Trading

Platform registered country and region

Vanuatu

Company website

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2024-09-30
  • The Vanuatu VFSC regulation with license number: 8031 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Top Wealth Trading · Company summary

Top Wealth Trading Information

Top Wealth Trading is a regulated brokerage company registered in Vanuatu. This firm provides a swath of investment options with its popular MT4 platforms. Top Wealth Trading provides a free demo account and 24/7 customer support. However, only limited information about trading fees is available on its website.

Top Wealth Trading Information

Pros and Cons

ProsCons
Regulated by ASIC and VFSCLimited information about trading fees
Multiple account typesSingle trading platform (MT4)
Offering a free demo accountNo online chat option
Leverage options available (up to 1:1000)
24/7 customer support

Is Top Wealth Trading Legit?

Top Wealth Trading is a Vanuatu-registered company and is regulated by two major regulatory bodies, including ASIC and VFSC.

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense Number
ASICTW FINANCIAL GROUP PTY LTDStraight Through Processing (STP)292464
VFSC
VFSCTOPWEALTH BULLION LIMITEDRetail Forex License8031
ASIC
VFSC

What Can I Trade on Top Wealth Trading?

More investment options are a good thing since you can easily build a well-rounded portfolio. When the stocks in your portfolio aren't doing so well, for example, your cryptocurrencies might help give your portfolio a boost. Top Wealth Trading offers over 600+ trading instruments across various global markets including Forex, Stocks, Commodities, Indices, bonds, and Cryptocurrencies.

The Forex market is open 24 hours a day, five days a week. This firm also offers a gateway to indices trading around the globe, like the S&P 500, NASDAQ, FTSE 100, and more.

Tradable InstrumentsSupported
Stocks
Commodities
Indices
Forex
Bonds
Cryptocurrencies
ETFs
Mutual Funds
What Can I Trade on Top Wealth Trading?

Account Types

Top Wealth Trading gives three live trading accounts and a demo account. The leverage and the minimum deposit for Classic and Pro accounts are the same, both are up to 1:500 and $100. The Classic account has spread from 0.7 pips and no commission. On the other hand, the Pro account has spreads from 0.0 pips but charges a commission of $7.

The VIP account, which is designed for seasoned investors, offers a leverage option up to 1:1000. However, no detailed information about trading fees is provided on its website.

FeatureClassic AccountPro AccountVIP Account
Target AudienceAll LevelsBeginner, MiddleExpert
LeverageUp to 1:500Up to 1:500Up to 1:1000
SpreadFrom 0.7 pipsFrom 0 pips-
Commission$0$7-
Minimum Deposit$100$100-
Account Types

Top Wealth Trading Fees

Investment fees can detract from your returns. Every brokerage is different when it comes to fees, though many of them have moved toward commission-free trading. With Top Wealth Trading, the fees depend on the account type.

Account TypesFees
ClassicSpreads from 0.7 pips and $0 commission
ProSpreads from 0. pips and commission of $7
VIPN/A

The trading fees of VIP accounts are not disclosed on its website. Furthermore, expenses for other assets, such as bonds, futures, and cryptocurrencies are also absent.

Trading Platform

The popular MT4 (MetaTrader 4) platform is available with Top Wealth Trading. It is a Forex trading platform that is capable of analyzing financial markets and using EA. Mobile trading, trading signals, and markets are integral parts of MetaTrader 4 that enhance your Forex trading experience. It also supports various other trading assets, such as indices, commodities, etc. You can install it on Windows, IOS, and Android devices.

Trading PlatformSupportedAvailable DevicesSuitable for
MT4Windows, IOS, and AndroidInvestors of all experience levels
MT5
Proprietary platform
Trading Platform

Customer Support Options

If there's something you need to do that you can't manage online or through the mobile app, you can try reaching out to Top Wealth Trading's 24/7 customer support. You have multiple choices, including email (info@topwealthtrading.com), phone (+678 24404), social media channels (Facebook, Twitter, YouTube, etc), and a message box on its website.

Contact OptionsDetails
Phone+678 24404
Emailinfo@topwealthtrading.com
Support Ticket System
Online Chat
Social MediaFacebook, Twitter, YouTube, etc
Supported LanguageMultiple
Website LanguageMultiple
Physical AddressP.O. Box 1498 Port Vila, Efate, Republic of Vanuatu
Customer Support Options

The Bottom Line

Top Wealth Trading makes building a diversified portfolio easier with its wide selection of investment options. A free demo account and 24/7 customer support are attractions for beginning investors. However, you need to keep a close eye on fees because there is not much information provided on its website. Before choosing a brokerage, remember to consider costs and overall user experience.

FAQs

Is Top Wealth Trading a regulated brokerage?

Yes, Top Wealth Trading is regulated by two major regulatory bodies, including ASIC and VFSC.

Is Top Wealth Trading good for beginners?

Yes, Top Wealth Trading provides beginning investors with a demo account and 24/7 customer support.

Does Top Wealth Trading offer leveraged trading?Yes, Top Wealth Trading provides a leverage option, which is up to 1:1000.

Risk Warning

Online trading involves considerable risk, so it may not be suitable for everyone.

News

Newstop wealth trading group introduction

  Top Wealth Trading (TWT) Group is a leading global brokerage, quickly rising to prominence in the financial trading sector with its professional, reliable, and innovative services.  Based in Melbour

WikiFX
2024-09-23 19:58
top wealth trading group introduction

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