Score

1.47 /10
Danger

TOPMARKETCAP

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

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Score

Regulatory Index0.00

Business Index6.68

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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Broker Information

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Company Name

TOPMARKETCAP

Company Abbreviation

TOPMARKETCAP

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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TOPMARKETCAP · Company summary
TOPMARKETCAP Review Summary
Founded2-5 years
Registered Country/RegionChina
RegulationUnregulated
Market InstrumentsStocks, Indices, Forex, currencies, commodities and cryptocurrencies, as well as numerous portfolios
LeverageUp to 1:400
Trading PlatformWeb-based trading platform
Min Deposit$250
Customer SupportTelephone number: Australia +61290665418, United Kingdom +442038075844, Austria +43720971073Email: support@topmarketcap.com

TOPMARKETCAP Information

Headquartered in China, TOPMARKETCAP claims to offer its clients over 200 tradable financial instruments with flexible leverage up to 1:400 and variable spreads on a web-based trading platform, as well as a choice of six different account types and 24/7 customer support services.

Pros and Cons

Pros Cons
Over 200 tradable financial instrumentsLack of Regulatory Oversight
Flexible spread OptionsLimited Information on Company Background
24/7 customer support services

Is TOPMARKETCAP Legit?

TOPMARKETCAPis currently in a state of no effective supervision.

What Can I Trade on TOPMARKETCAP?

TOPMARKETCAP offers more than 200 instruments across 5 different asset classes, including Stocks, Indices, Forex, currencies, commodities and cryptocurrencies, as well as numerous portfolios.

Tradable Instruments Supported
Commodities
Stocks
Currencies
Crypto currencies
Indices
Portfolios
Forex
Mutual Funds
Futures

Account Types

TOPMARKETCAP offers 6 live trading accounts in Self Manangement, Basic, Gold, Platinum, Diamond and Libra (by invitation only).

The minimum initial deposit amount to open a Self Management account is $250+, while the other five account types have much higher minimum initial funding requirements of $5,000+, $10,000+, $25,000+, and $50,000.

In addition to a Libra account, no further information was provided on this type of account.

Leverage

Clients with self management accounts can experience leverage of 1:100, with leverage of 1:200, 1:200, 1:300 and 1:400 for basic, gold, platinum and diamond accounts, respectively.

Trading Platform

TOPMARKETCAP provides a web-based trading platform for traders.

Trading Platform
Trading PlatformSupported Available Devices Suitable for
Web-based trading platformWindows, MAC, IOS, AndroidInvestors of all experience levels

Deposit and Withdrawal

TOPMARKETCAP supports credit cards such as Visa and MasterCard, Bank Wire and several e-wallets such as APM and EFT. The minimum deposit requirement is $/€/£ 250 and the minimum withdrawal amount is $100. The maximum deposit amount depends on the deposit method.

The amount of credit card deposits and e-wallet deposits is different, while the maximum amount of deposit through bank wire transfer is not limited.

Deposit and Withdrawal

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FX1453114082
more than one year
From my personal experience, I wouldn't recommend TOPMARKETCAP as a trading platform. TOPMARKETCAP kept bothering me to invest with them for a while last year, but when I asked about their regulation info, they started cursing me out. I didn't feel comfortable investing with a company that couldn't provide me with straightforward answers about their legitimacy.
From my personal experience, I wouldn't recommend TOPMARKETCAP as a trading platform. TOPMARKETCAP kept bothering me to invest with them for a while last year, but when I asked about their regulation info, they started cursing me out. I didn't feel comfortable investing with a company that couldn't provide me with straightforward answers about their legitimacy.
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2023-03-28 21:08
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