TopFX Review

TopFX Logo

TopFX is an online trading broker that operates the straight-through processing (STP) execution model and offers fast trade executions below 25 ms, with competitive spreads and commissions. The broker is regulated and operates from Seychelles, offering online trading services in more than 1,000 financial instruments across different asset classes, including forex, indices, shares, metals, energies, ETFs, and more, via multiple trading platforms. Traders are provided with educational resources and a customer support team to assist them.

TopFX Platforms & Tools

The broker provides traders with the MT4 platform, which is one of the most widely used platforms among traders globally. It has an intuitive and user-friendly interface, which makes it suitable for both beginner and professional traders. MT4 allows you to trade with an expert advisor, copy the trades of signal providers, and access a suite of indicators.

The broker also provides traders with the cTrader trading platform. It has three basic functionalities: Trade, Copy, and Automate. The Trade interface is developed with a range of trading tools to satisfy even the most demanding trader. The Copy functionality of the platform enables you to copy strategies, while the “Automate” functionality is used by traders who prefer using already-made robots to trade or who wish to develop their own cBots and custom indicators.

TopFX Review Trading Platform
TopFX Review Trading Platform

Both the MT4 and the cTrader trading platforms are available as desktop applications for Windows and Mac computers, WebTraders that run directly on modern web browsers without the need to install any software, and mobile apps for Android and iOS devices.

TopFX Research & Education

Educational resources are provided with the aim of enhancing clients’ trading knowledge, and they include PRs & Interviews, Events, Market Holidays, Trading Articles, and Videos.

TopFX Review Videos
TopFX Review Videos

TopFX Trading Accounts

TopFX offers only one live account, which is denominated in multiple currencies, including EUR, JPY, USD, CHF, and GBP.

TopFX Account Funding

Traders can deposit and withdraw fund from their trading accounts using any of the following payment methods:

  • Bank wire transfer
  • Credit/Debit Cards (Visa, MasterCard)
  • Online payment processors, such as Neteller and Skrill

The transaction processing times may vary depending on the payment method used.

TopFX Review Deposit And Withdrawal Methods
TopFX Review Deposit And Withdrawal Methods

TopFX Customer Service

The broker provides traders with a customer support team that is polite and prompt in response. They are available 24/7 and can be reached through telephone, email, Live Chat, or by filling the ‘contact us’ form on the broker’s website.

TopFX Regulation

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 Review Summary

TopFX is an online trading broker that is based in Seychelles. The broker is regulated by CySEC and FSA and offers over 1,000 financial products for trading via the MT4 and cTrader platforms. They offer one live trading account, with price streams, rapid trade execution, and competitive spreads and commissions. There is a selection of educational resources and a client support team to assist their clients.

TopFX

7.2

Spreads

7.0/10

Liquidity

7.0/10

Commissions

7.0/10

Support

7.0/10

Regulation

8.0/10

Features

  • Over 1,000 trading instruments
  • MetaTrader 4 and cTrader trading platforms
  • A selection of educational resources