TopFX Forex broker specializes in providing foreign exchange trading services, the company's official website https://signup.topfx.com.sc/Registration/Main/Account?dest=live&l=1&camp=812, the company's legitimate regulatory information CyprusCYSECMarket Making(MM), to enhance the security of the company's address CT House, Unit 8, Office No 8H, Providence Mahe Seychelles.
TopFX Forex Broker
Basic information
Cyprus
10-15 years Regulated in Cyprus Market Making(MM) MT4 Full License cTrader Global Business Medium potential riskCompany profile
TopFX Information
TopFX is a broker that specializes in access to 600+ CFDs on forex, indices, shares, metals, energies, ETFs, and cryptocurrencies. The broker also provides up to 1000x max leverage and a demo account. The minimum spread is from 0.0 pips. Traders can also access the MT4 and cTrader trading platforms through TopFX.
Pros and Cons
| Pros | Cons |
| Regulated | No swap-free account |
| Leverage up to 1:1000 | Some negative voices: unable to withdrawal |
| Spread from 0.0 pips | No 24/7 customer support |
| MT4 available | |
| 600+ CFDs |
Is TopFX Legit?
TopFX is authorized and regulated by the Cyprus Securities and Exchange Commission(CYSEC) with license No.138/11. The license type is Market Making(MM), making it safer than unregulated.
What Can I Trade on TopFX?
TopFX offers various market instruments, including forex, indices, shares, metals, energies, ETFs, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Shares | ✔ |
| Metals | ✔ |
| Energies | ✔ |
| Cryptocurrencies | ✔ |
| ETFs | ✔ |
Account Type
TopFX has three live account types: Zero, Raw, and VIP. Traders who want low spreads and don't mind commission can choose a Raw account, while those with a sufficient budget can open a VIP account.
In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.
| Account Type | Zero | Raw | VIP |
| Currency | USD, EUR, GBP, JPY | USD, EUR, GBP, JPY | USD, EUR, GBP, JPY |
| Spread from | 1 pip | 0 pip | 0.2 pip |
| Min. Deposit | No min. deposit* | $5000 | $50000 |
| Leverage | 1:1000 | 1:1000 | Up to 1:1000 |
| Commission | $0 | $2.75 per side per lot | $0 |
TopFX Fees
The spread starts from 0.0 pips and the commission is from zore. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.
Trading Platform
Traders can conduct financial activities in MT4 and cTrader, available on Windows, Android, and iOS through TopFX. Investors can trade on mobile and tablet with the TopFX cTrader app and MT4. cTrader also supports Desktop & web versions.
Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).
| Trading Platform | Supported | Available Devices | Suitable for |
| cTrader | ✔ | Windows, Android, iOS | All |
| MT4 | ✔ | Windows, Android, iOS | Junior traders |
Deposit and Withdrawal
The first deposit amount is no limit. TopFX accepts bank payments, electronic payments, and QR payments for deposits and withdrawals. Electronic payments and QR payments can receive funds instantly, while bank payments can be processed within 5 days.
Rating Index
ZERO
RAW
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Latest Reviews
al haj mohamed ibrahim
Algeria
One of the best companies in the Middle East, fast support and a secure company, I recommend it.
Positive
2024-05-24
Sunshinny
Cyprus
Their efficient support team and use of the iCT5000X strategy were highlights. There were challenging moments in trading, but the fast deposits and withdrawals were commendable, as was the speedy execution and excellent spread.
Positive
2024-04-19
Deccy
Pakistan
TopFX really impressed me with their low minimum initial deposit, making it easy for traders of all budgets to get started. And their trading platform is top-notch, with fast execution speeds, advanced charting tools, and support for multiple assets.
Neutral
2024-07-11