摘要:TOPIATO is an online brokerage firm registered in the United Kingdom while mainly targets Chinese traders. It offers trading services across currencies, indices, commodities, shares, and cryptocurrencies. However, concerns have arisen due to its suspected NFA (National Futures Association) clone status with license number 0538567, an inaccessible website, and numerous negative reports.
Note: TOPIATO' official site - https://www.topiato.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
TOPIATO Review Summary | |
Region/Country | United Kingdom |
Regulation | Suspicious NFA clone |
Market Instruments | Currencies, indices, commodities, shares, cryptos |
Demo Account | Not mentioned |
Spread | From 0.0 pips |
Leverage | Up to 1:500 |
Trading Platform | MT4 |
Minimum Deposit | Not mentioned |
Customer Support | Email: support@topiato.com; |
Address: 12B Capital House 61 Amhurst Road, London, United Kingdom, E8 1LL, UK |
TOPIATO is an online brokerage firm registered in the United Kingdom while mainly targets Chinese traders. It offers trading services across currencies, indices, commodities, shares, and cryptocurrencies. However, concerns have arisen due to its suspected NFA (National Futures Association) clone status with license number 0538567, an inaccessible website, and numerous negative reports.
In the following article, we will analyse the characteristics of this company in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.
Pros | Cons |
Diverse Trading Options | Suspicious NFA clone |
MetaTrader 4 Platform | Negative Reviews |
Low Starting Spreads | Website Unavailable |
Customer Service Limitations |
When considering the safety of a brokerage like TOPIATO or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:
In the end, choosing whether or not to engage in trading with TOPIATO is an individual decision. We advise you carefully balance the risks and returns before committing to any actual trading activities.
TOPIATO offers a diverse range of market instruments which includes:
TOPIATO offers two types of trading accounts designed to meet the needs of various traders: Standard and Prime. However, the minimum initial deposit requirement for these accounts is not fully disclosed, leaving interested clients without clear information about the financial commitment necessary to begin trading.
To obtain detailed information about the minimum deposit requirements, it is recommended to contact the broker directly. This will ensure that interested clients have accurate and up-to-date information before making any financial decisions.
In terms of trading leverage, TOPIATO provides high maximum leverage ratios. Forex and metal trading can reach up to 1:500 leverage, while commodities and indices are capped at 1:200. For shares, the leverage is limited to 1:5, and for cryptocurrencies, it is 1:2.
This range of leverage options allows traders to choose the level of risk and potential reward that suits their trading strategies.
Asset | Leverage |
Forex and Metals | Up to 1:500 |
Commodities | Up to 1:200 |
Indices | Up to 1:200 |
Shares | Up to 1:5 |
Cryptocurrencies | Up to 1:2 |
The spreads and commissions vary between the Standard and Prime accounts.
The Standard account offers spreads starting from 1.3 pips on the EURUSD pair with no additional commissions charged.
In contrast, the Prime account features tighter spreads starting from 0.0 pips but applies certain commission fees which is not specified.
This structure provides flexibility for traders to choose between lower spreads or commission-free trading. But traders should still seek for conformation from the broker about the detailed commissions in the Prime account to ensure they understand all their trading costs.
Account Type | EUR/USD Spread | Commissions |
Standard | From 1.3 pips | None |
Prime | From 0.0 pips | Yes (Varies) |
TOPIATO provides the MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and advanced trading features. The MT4 platform is available as a desktop application for Windows and Mac computers, a WebTrader accessible through any web browser, and a mobile trading app compatible with both Android and iOS devices.
TOPIATO offers a range of essential trading tools to support their clients' trading activities. One notable tool is the economic calendar, which provides crucial information on upcoming economic events, such as interest rate decisions, GDP releases, and employment reports. This calendar helps traders stay informed about market-moving events, allowing them to anticipate volatility and make informed trading decisions.
TOPIATO provides a variety of payment methods to accommodate the diverse needs of its clients. Accepted payment options include bank wire transfers, allowing for secure and direct transactions from your bank account.
Credit and debit cards are also supported, offering a convenient and quick way to fund your trading account.
Additionally, electronic payment processors are accepted, providing flexibility and efficiency for online transactions.
On WikiFX, there are 71 reports detailing withdrawal issues, fraud, and scams etc., which raise serious concerns and serve as a strong cautionary signal to traders. We strongly advise traders to conduct a thorough review of all relevant details before making any decisions. Our platform is designed to be a vital resource in your trading journey, providing essential information to help safeguard your investments.
If you encounter any fraudulent brokers or have personally experienced malpractices, we encourage you to report them in our “Exposure” section. Your contributions are invaluable in our mission to protect traders, and our expert team is committed to promptly addressing your concerns. Together, we can foster a safer trading environment for everyone involved.
TOPIATO offers customer support primarily through email and their physical address.
Email: You can reach TOPIATO's customer support team via email at support@topiato.com. This channel allows you to communicate inquiries, issues, or requests for assistance.
Physical Address: TOPIATO provides a physical address located at 12B Capital House, 61 Amhurst Road, London, United Kingdom, E8 1LL, UK. This address serves as a point of contact for more formal correspondence or face-to-face interactions, although you should contact them beforehand for any appointments or specific service inquiries.
However, the absence of more immediate methods such as phone contact, live chat, or a social media presence deter those who rely on modern communication methods for quick and accessible customer support.
In conclusion, TOPIATO offers a variety of online trading services encompassing currencies, indices, commodities, shares, and cryptocurrencies. However, significant concerns arise from the broker's suspicious NFA clone status, ongoing issues with website accessibility, and numerous negative customer reviews. These factors collectively undermine confidence in TOPIATO's reliability and operational stability.
Therefore, we strongly advise against using TOPIATO. Instead, we recommend seeking alternative platforms that prioritize transparency, regulatory compliance, and reliable customer service.
Is TOPIATO regulated?
No. The broker's NFA (National Futures Association) license numbering at 0538567 is suspected to be fake clone.
Is TOPIATO a good broker for beginners?
No. It is not a good choice for beginners. Not only because of its suspicious NFA clone status, but also because of its unavailable website and plenty of negative customer exposures regarding scam, fraud and withdrawal issues.
Does TOPIATO offer industry leading MT4 & MT5?
Yes, it offers MT4 trading platform through web, windows, iOS and Android devices.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.