Basic Information
Registered Region 
Estonia
EstoniaOperating Period
5-10 years
Company Name
PayPeq Holdings OÜ
Customer Service Email Address
support@toptrade.email
Contact Number
+441134013543
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
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/10
TopTrade
Estonia
|
5-10 years
|
Suspicious Regulatory License
|
Suspicious Scope of Business
|
High potential risk
https://www.toptrade.fm/
Website
Rating Index
Contact
+441134013543
support@toptrade.email
https://www.toptrade.fm/
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
Account
Website
Company Summary
Disclosure
Comment
Account
- Environment--
- Currency--
- Maximum Leverage1:500
- SupportedEA
- Minimum Deposit--
- Minimum Spread--
- Depositing Method--
- Withdrawal Method--
- Minimum Position--
- Commission--
- Products--
Updated：
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Official website
Website
toptrade.fm
35.157.73.208Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
General Information
TopTrade is allegedly an Estonian forex and CFD broker that provides its clients with the Web MetaTrader5 trading platform, leverage up to 1:500, floating spreads, as well as a choice of four different account types.
Market Instruments
TopTrade advertises that it mainly offers two different classes of trading instruments in financial markets, including 23 currency pairs as well as CFDs on silver and gold.
Account Types
There are four live trading accounts offered by TopTrade, namely Silver, Gold, Platinum and VIP. Opening an account requires the minimum initial deposit amount of $250.
Leverage
The maximum leverage ratio provided by TopTrade is much higher than most brokers, up to 1:500. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.
Spreads
Through the demo web MetaTrader5 platform provided by TopTrade, we found that the spread for EUR/USD pair was floating around 2.0 pips.
Trading Platform Available
When it comes to trading platforms available,TopTrade gives traders the web MetaTrader5 platform. MT5 is known as one of the most successful, efficient, and competent forex trading software, offering automated trading via Expert Advisors, great charting and more.
Deposit & Withdrawal
TopTrade accepts deposits via credit/debit cards (VISA, MasterCard) and bank wires.
Customer Support
TopTrade‘s customer support can be reached by telephone: +441134013543, email: support@toptrade.email. However, this broker doesn’t disclose other more direct contact information like company address while most brokers offer.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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