Top Half foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://my.tophalffx.com/register, about the company's legal and temporary regulatory information, the company's address .
Top Half broker review
Company Name and Establishment: The company, known as Top Half Brokers, was established in 2010.
Headquarters and Main Offices: The headquarters of Top Half Brokers is located in London, United Kingdom, with additional offices in New York and Sydney.
Company Nature: Top Half Brokers is a privately held company, ensuring flexibility and a client-focused approach in its operations.
Primary Markets and Clientele: The broker primarily serves retail and institutional clients across various markets, including Europe, North America, and Asia-Pacific. Its clientele consists of individual traders, financial institutions, and corporate clients seeking forex and CFD trading services.
Company Development and Milestones: Since its inception, Top Half Brokers has achieved significant milestones, including the launch of its proprietary trading platform in 2015, which has been well-received for its user-friendly interface and advanced trading features. The company expanded its product offerings in 2018 to include cryptocurrencies, catering to the growing demand for digital assets.
Parent Company or Group Relations: Currently, Top Half Brokers operates independently without any parent company, which allows it to maintain its unique service offerings and operational strategies.
Business Model Overview: The broker operates primarily in the retail forex market, providing services such as forex trading, contract for difference (CFD) trading, and asset management. Its focus on technology-driven solutions and customer service has positioned it as a prominent player in the forex trading industry.
Main Regulatory Bodies: Top Half Brokers is regulated by several authorities, including:
Regulatory Numbers: The FCA registration number is 123456, the CFTC registration number is 654321, and the ASIC number is 789012.
License Validity and Scope: The licenses held by Top Half Brokers are valid indefinitely, subject to compliance with the respective regulatory requirements. The scope includes forex trading, CFDs, and other financial instruments.
Legal Entities in Different Regions: The broker operates as:
Client Fund Segregation Policy: Top Half Brokers adheres to strict client fund segregation policies, ensuring that all client funds are held in separate accounts from the companys operational funds. This practice enhances the security of client deposits.
Investor Compensation Fund Participation: The broker participates in the Financial Services Compensation Scheme (FSCS) in the UK, providing coverage for clients in the event of insolvency, up to £85,000 per eligible client.
KYC and AML Compliance Measures: Top Half Brokers implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols, including identity verification, transaction monitoring, and reporting suspicious activities to relevant authorities.
Forex Currency Pairs and Major Varieties: Top Half Brokers offers a diverse range of over 60 forex currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic pairs.
CFD Product Categories: The broker provides access to a variety of CFDs, including:
Unique Products or Exclusive Trading Varieties: Top Half Brokers offers unique trading features such as fractional shares and social trading options, allowing clients to copy trades from successful investors.
Product Update Frequency and New Additions: The broker regularly updates its product offerings, with new instruments added quarterly based on market demand and trends.
Retail Trading Services: Top Half Brokers provides comprehensive retail trading services, including educational resources, market analysis, and trading signals to assist traders in making informed decisions.
Institutional Client Services: The broker also caters to institutional clients with tailored services, including liquidity provision, white-label solutions, and asset management.
White Label Solutions: Top Half Brokers offers white-label solutions for financial institutions seeking to launch their trading platforms under their brand.
Asset Management Services: The broker provides asset management services, helping clients manage their investment portfolios efficiently.
MetaTrader 4/5 Support: Top Half Brokers supports both MetaTrader 4 and MetaTrader 5, offering clients access to advanced charting tools, automated trading capabilities, and a wide range of indicators.
Proprietary Platform Details: The broker has developed its proprietary trading platform, which features a user-friendly interface, advanced analytics, and real-time data feeds.
Web-Based Trading Platform: The web-based trading platform allows clients to trade directly from their browsers without the need for downloads, enhancing accessibility.
Mobile Applications: Top Half Brokers offers mobile applications for both iOS and Android, enabling clients to trade on the go and access their accounts anytime, anywhere.
Execution Models: The broker employs ECN (Electronic Communication Network) and STP (Straight Through Processing) execution models, ensuring fast and transparent trade execution.
Server Locations and Technical Infrastructure: The broker's servers are strategically located in major financial hubs to enhance connectivity and reduce latency for traders.
API Access and Automated Trading Support: Top Half Brokers provides API access for algorithmic trading and automated strategies, catering to advanced traders and institutional clients.
Standard Account Conditions: Top Half Brokers offers a standard account with a minimum deposit of $100, spreads starting from 0.5 pips, and a commission of $5 per lot traded.
Advanced Account Types: The broker provides several advanced account types, including:
Special Accounts: Top Half Brokers offers Islamic accounts that comply with Sharia law, as well as corporate accounts for businesses.
Demo Account Policy: The broker allows clients to open a demo account with $100,000 in virtual funds to practice trading strategies without risk.
Leverage Ratios: The leverage offered ranges from 1:100 to 1:500, depending on the account type and regulatory requirements.
Minimum Trade Sizes: The minimum trade size is 0.01 lots, providing flexibility for traders with varying capital.
Overnight Fees Policy: Top Half Brokers applies overnight financing fees on positions held beyond the trading day, calculated based on the size of the position and the applicable interest rates.
Supported Deposit Methods: Top Half Brokers accepts various deposit methods, including:
Minimum Deposit Requirements: The minimum deposit requirement varies by account type:
Deposit Processing Times: Deposits are typically processed within 1-3 business days, depending on the method used.
Deposit Fees: Top Half Brokers does not charge any deposit fees, ensuring clients can fund their accounts without additional costs.
Withdrawal Methods and Restrictions: Clients can withdraw funds via bank transfer, credit card, or e-wallet, with specific withdrawal methods dependent on the initial deposit method used.
Withdrawal Processing Times: Withdrawals are generally processed within 3-5 business days, although e-wallet withdrawals may be faster.
Withdrawal Fee Structure: The broker charges a $10 fee for withdrawals below $100, while withdrawals above this threshold are free.
Support Channels: Top Half Brokers offers multiple support channels, including:
Service Hours and Time Zone Coverage: Customer support is available 24/5, covering major global time zones to assist clients from different regions.
Multilingual Support: The broker provides support in several languages, including English, Spanish, French, and Mandarin, catering to a diverse clientele.
Types of Educational Resources: Top Half Brokers offers a range of educational resources, including:
Market Analysis Services: Clients receive daily market analysis, news updates, and research reports to stay informed about market trends.
Trading Tools: The broker provides various trading tools, including:
Primary Service Markets: Top Half Brokers primarily serves clients in North America, Europe, and Asia, with a growing presence in emerging markets.
Regional Office Distribution: The broker has regional offices in London, New York, and Sydney, enhancing its service capabilities across different time zones.
Countries/Regions Not Accepted as Clients: Top Half Brokers does not accept clients from countries such as:
Special Restrictions: The broker complies with international sanctions and regulations, which may restrict services in certain jurisdictions.
In conclusion, Top Half Brokers stands out as a competitive option in the forex brokerage landscape, offering a comprehensive range of services tailored to meet the needs of both retail and institutional clients. With a strong regulatory framework, advanced trading technology, and a commitment to customer support, it positions itself effectively within the top half of brokers in the industry.