TopFX Journal

Journal status: live
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TopFX Profile
Year
2010
Country
Seychelles
Branches
2
Regulation
FSA Seychelles
Registration
FSA Seychelles, CySEC Cyprus, FSA Seychelles, FCA UK, CONSOB Italy, FI Sweden, CNB Czechia, FKTK Latvia, LB Lithuania, FMA Austria, MFSA Malta, AMF France, FSC Bulgaria, KNF Poland, ATVP Slovenia, CNMV Spain, AFM Netherlands, ASF Romania, MNB Hungary
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Iran, Japan, North Korea, US
Broker type
DMA
Dealing book
A-book
Tier
2
Execution speed
20 ms
LPs total
12
LPs quality
Tier-1 Banks, other
LPs names
Barclays, Hellenic Bank

TopFX Accounts
DMA
Minimum Deposit
200 $
Leverage
500 : 1
Minimum Lot
0.01 lots
EURUSD spread
0 pips
Commission
5.5 $/lotRT
Volume
100 lots
Margin Call
100 %
Stop Out
35 %
Execution
Market
Spread
floating
Scalping
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, PayPal, SEPA Transfer, Apple Pay, Google Pay, Bitcoin, Ethereum, Litecoin, Perfect Money, PlusDebit, DivePay, Dragonpay, M-Pesa, FasaPay, PIX, OXXO, SPEI, Airtel Money, hellopaisa, Tigo Pesa, Expresso, MTN Mobile Money, Zamtel, Orange Pay, Ozow, Free Money, Mobicash, Moov Money, Togocel, STICPAY, Bitwallet, CM
Base currency
USD, EUR, GBP, CHF, JPY
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
Update broker

Is TopFX safe?

  • Investor protection: no
  • Regulation: FSA Seychelles
  • Registration: FSA Seychelles, CySEC Cyprus, FSA Seychelles, FCA UK, CONSOB Italy, FI Sweden, CNB Czechia, FKTK Latvia, LB Lithuania, FMA Austria, MFSA Malta, AMF France, FSC Bulgaria, KNF Poland, ATVP Slovenia, CNMV Spain, AFM Netherlands, ASF Romania, MNB Hungary
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is TopFX trusted?

  • Information transparency: high ★★★★★
  • Customer service: prompt, helpful ★★★★★
  • TopFX website: highly detailed, updated ★★★★★
  • TopFX popularity (by visitor count): low visits ★★

How TopFX works



At TopFX, we combine aggregated, DMA, Tier-1 liquidity with sophisticated technology and connectivity, to deliver top-notch Prime Services to a global institutional clientele.


DEPTH of market
Due to our long-standing relationships with Tier-1 global Institutions, we can offer you an unparalleled depth of market that allows you to execute large trading volumes with pricing consistency.


Market Making
25.13 You are specifically made aware that in certain markets, including the foreign exchange markets, OTC foreign exchange options and CFD Contracts, we may act as a ‘Market Maker’, i.e., we may take the risk of holding a certain number of Supported Financial Instruments in order to facilitate trading in these Financial Instruments by displaying/quoting ‘bid’ and ‘ask’ prices (‘buy’ and ‘sell’ quotations) for such Supported Financial Instruments on our Online Trading Facility and filling Orders received in respect to such Supported Financial Instruments from our own inventory or seeking an Offsetting Order.

25.14 You accept that, in such Markets where we act as Market Maker, we may hold positions that are contrary to your positions and/or the positions of certain other of our clients, resulting in potential conflicts of interest between us,and any such other of our clients.



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