abstrak:TopTradeGroup, a trading name of Widdershins Group LTD, is allegedly a forex broker registered in Dominic that claims to provide its clients with 180+ tradable financial instruments with floating spreads from 0.4 pips on the WebTrader platform via 5 different live account types.
Note: TopTradeGroups official website: https://toptrade.cc is currently inaccessible normally.
TopTradeGroup Review Summary | |
Founded | 2022 |
Registered Country/Region | Dominica |
Regulation | Unregulated |
Market Instruments | Forex, Commodities, Crypto, CFD, Indexes, Stocks, Bonds, Options |
Demo Account | ❌ |
Leverage | / |
Spread | From 1.8 pips (Bronze & Silver), 1 pip (Gold), 0.7 pips (Platinum), 0.4 pips (Diamond) |
Trading Platform | WebTrader |
Min Deposit | $250 |
Customer Support | Email: support@toptrade.group |
Phone: +44 1518 080625 | |
Registered Address: 8 Copthall, Roseau Valley, 00152 Commonwealth of Dominica |
TopTradeGroup offers more than 180 financial instruments, such as FX, CFDs, commodities, cryptocurrencies, and bonds. It is unregulated and registered in Dominica. Starting with 1.8 pips, it provides five different account kinds with different spreads and bonuses. However, investors face serious dangers because to its lack of regulation and simple trading platform (WebTrader).
Pros | Cons |
Offers 180+ trading instruments | Unregulated |
Multiple account options | No MT4/MT5 platform, only WebTrader |
Flexible spreads based on accounts | Minimum deposit of $250 is relatively high |
Accepts multiple deposit methods | Withdrawal fees for higher-tier accounts |
TopTradeGroup does not have any active financial licenses and is unregulated. Trading with unregulated brokers is extremely risky because there is no formal regulation to guarantee security.
The domain toptrade.cc was registered on December 8, 2022, and it is scheduled to expire on December 8, 2025, according to WHOIS data. November 29, 2024, was the last time the domain was updated.
Access to more than 180 financial products across several markets is offered by TopTradeGroup. Forex, commodities, cryptocurrencies, CFDs, stocks, and indexes are among the options available to traders.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Crypto | ✔ |
CFD | ✔ |
Indexes | ✔ |
Stocks | ✔ |
Bonds | ✔ |
Options | ✔ |
TopTradeGroup provides five different kinds of accounts. Demo accounts and Islamic (swap-free) accounts are not offered.
Spreads start from 1.8 pips (Bronze & Silver), 1 pip (Gold), 0.7 pips (Platinum), and 0.4 pips (Diamond). Commissions are not mentioned.
Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
WebTrader | ✔ | Web Browsers | Traders preferring basic tools |
For lower-tier accounts, TopTradeGroup offers free withdrawals and no deposit fees. $250 is the minimum deposit.
Method | Min. Deposit | Fees | Processing Time |
Neteller | $250 | None | Instant |
MasterCard/Visa | $250 | None | Instant |
Maestro | $250 | None | Instant |
Piastrix | $250 | None | Instant |
Wire Transfer | $250 | None | 1-3 Business Days |
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