TopFX is an online trading broker that offers online trading of more than 1,000 financial instruments across different asset classes, including forex, indices, shares, metals, energies, ETFs, and more, via multiple sophisticated trading platforms. The broker’s all-in-one broker solution offers a complete package of services to traders across the globe.
show 1 TopFX Review, Pros & Cons 2 TopFX Overview 3 TopFX Regulation 4 TopFX Countries 5 TopFX Platforms 5.1 MetaTrader 4 Trading Platform 5.2 cTrader Trading Platform 6 TopFX Trading Tools 7 TopFX Education 8 TopFX Instruments 9 TopFX Accounts & Fees 10 TopFX Support 11 TopFX Deposit & Withdrawal 12 TopFX Account Opening 13 TopFX Summary
TopFX Review, Pros & Cons
In this detailed TopFX review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
TopFx is an established broker that has been providing institutional liquidity to investment firms and retail forex traders since 2010. They provide traders with the sophisticated MT4 and cTrader trading platforms offering price streams with no artificial slippage & requotes, ultra-fast execution below 25 ms, competitive spreads and commissions.
TopFX is the trade name of Fondex Limited, a company registered under the Laws of Seychelles and licensed by the Financial Services Authority (FSA) of Seychelles with a Securities Dealer License No: SD037. They are also regulated by the Cyprus Securities and Exchange Commission (CySEC).
TopFX does not offer its services to residents of the United States of America, Japan, North Korea, Iran, and other countries where such services are prohibited.
Some TopFX features and products mentioned within this TopFX review may not be available to traders from certain countries because of legal restrictions.
MetaTrader 4 Trading Platform
They provide traders with the MT4 platform, which is the most popular platform among traders globally. It is user-friendly, customizable, and simple enough for beginners to practice trading on a dem oaccount. MT4 allows you to trade with an expert advisor, copy the trades of your money managers, and access a suite of indicators.
cTrader Trading Platform
The broker also provides traders with the sophisticated cTrader trading platform. It has three basic functionalities: Trade, Copy, and Automate. The Trade interface for manual trading is a premium, cross-device, DMA platform that boasts of an impressive array of trading and risk management tools to satisfy even the most demanding trader. The Copy functionality of the platform enables you to copy strategies although there is no guarantee of the results and your capital is at risk when trading online. For automated trading, cTrader offers the “Automate” functionality to attract either traders who prefer using robots to trade or algo traders who are looking to develop their own cBots and custom indicators.
Both the MT4 and the cTrader trading platforms are available as desktop applications for Windows and Mac computers, WebTrader, and mobile apps for Android and iOS devices.
TopFX Trading Platform
#1 Best Trading Broker Award 2021 AvaTrade is an award-winning trading broker that is regulated in 6 jurisdictions offering 1250+ instruments across multiple markets & trading platforms for web, desktop & mobile devices. They have low fees, tight spreads & rapid trade execution speeds.
TopFX Trading Tools
There are no well-defined standalone trading tools on the broker’s website, but the provided trading platforms should have enough built-in tools to satisfy even the most demanding traders.
The broker provides clients with a good selection of educational resources, including PRs & Interviews, Events, Market Holidays, Trading Articles, and Videos.
TopFX Trading Videos
TopFX offers online trading of more than 1,000 trading instruments across different asset classes, including forex, indices, shares, metals, energies, ETFs, and more.
TopFX Accounts & Fees
TopFX provides their clients with only one account that clients can use when trading with the broker. Clients have the opportunity to open their accounts using different currencies, like the EUR, JPY, USD, CHF, and GBP.
As broker fees can vary and change, there may be additional fees that are not listed in this TopFX review. It is imperative to ensure that you check and understand all of the latest information before you open a TopFX broker account for online trading.
The broker’s customer support team can be reached via telephone, email, Live Chat, or by filling the ‘contact us’ form on the broker’s website.
TopFX Deposit & Withdrawal
The broker accepts the following payment methods:
TopFX Deposit & Withdrawal Methods
TopFX Account Opening
To open an account, just click on the ‘Open Account’ button and properly fill the displayed form.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
TopFX is an online trading broker that offers over 1,000 financial products for trading via the MT4 and cTrader platforms. The broker offers price streams, rapid trade execution, competitive spreads and commissions. However, the trading brokers review team did not find them to have the lowest spreads whilst they require a minimum $200 deposit and do not accept US clients.
TopFX’s products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.
Min $200 Deposit
TopFX is an online trading broker that offers online trading of more than 1,000 financial instruments across different asset classes, including Forex, Indices, Stocks, Shares, Metals, Energies, ETFs & CFDs.