Overall, while the range of languages supported by TopFX is good, it would be helpful if they listed all available languages on their website. This transparency would allow potential clients to know whether their language is supported upfront. TopFX employs DMA, ensuring trades are executed without any dealing desk intervention. This typically results in better pricing and reduced slippage, which is vital for traders who rely on precise execution.

Trading Instruments Available from TopFX

However, this could accumulate over time if you’re a high-volume trader. Every bit helps, and this cashback can be withdrawn, which is a clear advantage over the deposit bonus. TopFX understands that clients need to feel confident in their operations. They offer a range of assurances and they ensure stable trading environments. However, traders will want to know more about who conducts these audits – are they done internally or by an independent third party?

Spread Variations Across Different Accounts

Finally I have found my broker , spread, swap and time of executing trades are really perfect. TopFX offers demo accounts that introduce traders to the broker’s services and allow them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself prior to or alongside your live CFD account.

Support and Resources

TopFX offers clients support during weekdays via live chat, phone, and email. I think they could improve in this aspect by offering support on weekend to keep up with competitors who do such as FP Markets. The TopFX cTrader mobile trading app provides everything you need to enjoy the same outstanding user experience as the desktop and online platforms while on the go.

Hello.We appreciate all reviews that come through, as they help us improve our services.You will receive an email from Trustpilot requesting your details.Please reply so we can further assist you. According to the company’s Deposit and Withdrawal policy, funds are withdrawn back to the original source of the deposit. TopFX charges dormant accounts an inactivity fee of 5 USD/EUR/GBP/CHF or 600 JPY (depending on the base currency) per month until trading activity resumes or the account balance reaches zero. An account is considered dormant when there has been no trading activity on it for a period of 90 calendar days. This section addresses market analysis and the fundamentals of certain markets on a daily basis.

Leverage and margin are crucial aspects of trading and TopFX’s extensive offerings in this area. However, you must understand how these can influence your trading strategies, especially compared to industry standards. The Zero account streamlines costs by incorporating commissions into the spread. This simplifies things, but it also results in slightly wider spreads.

DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Compare TopFX with the top 3 similar brokers that accept traders from your location. Based on my years of using TopFX, its customer support is excellent. Competing broker IC Markets has recently elevated its offering by adding support for trading directly within TradingView in addition to the already-supported MT5. While MetaTrader is popular among forex traders, I find its interface outdated.

• Becoming a strategy provider on cTrader Copy is simple; no specific requirements or agreements exist.
• It also has a copy trading feature, allowing signal providers and signal followers to interact with each other.
• Using the “Watchlists” function, you may categorise your favourite instruments.
• The revenues and losses of the Master account are distributed proportionally to the sub-accounts.
• Also, traders can easily use advanced take profit and stop loss tools and a one-click function.

They have very competitive trading conditions including tight spreads and low commission fees. There is also a good range of funding options to choose from and the addition of industry leading market analysis tools is a distinct advantage they have in such a competitive market. Furthermore, TopFX is a fully licenced broker, which can be critical in terms of fund protection.

good service for broker,and spread verry nice for trader

Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. TopFX incorporates research content from Trading Central and Autochartist – two of the most trusted providers of market analysis and trading signals. This makes the broker stand out with the depth and quality of its research materials, offering its clients a truly nuanced outlook into currently developing trading opportunities. The cTrader platform has a special trading regime for copy trading, where signal followers can assess the performance of all available trading strategies of signal providers with TopFX. Additionally, TopFX offers managed MAMM accounts on MT4, where portfolio managers can trade on behalf of their clients. TopFX offers low trading fees, platforms with advanced charting capabilities, comprehensive market research, and diverse tradable instruments on its standard (Zero) account.

MT4 at TopFX features a user-friendly interface with customizable layouts and charting tools. It supports Smart Order Routing to reduce slippage and uses 128-bit encryption for data protection. While this topfx reviews is a standard security measure, traders particularly concerned about security might prefer more advanced protective measures. The cashback rebate is credited directly to the trading account and can be used for further trading or withdrawn at any time.

• TopFX offers negative balance protection, ensuring that traders do not lose more than their initial investment, even with the use of leverage.
• TopFX’s Forex offering is fairly comprehensive, covering the major, minor, and even some exotic currency pairs.
• We delved into how TopFX safeguards your funds and data, aiming to provide you with a clear understanding of their commitment to creating a secure trading environment.
• This robust level of encryption is commonly used in the financial sector, ensuring that your personal and financial information is secure during transmission.
• The broker can still be a good option for anyone looking for easy access to the markets in a regulated environment with very competitive trading conditions.

Although the broker specifically mentions these two countries, traders should check the availability of their regions before signing in with the broker. TopFX takes measures to protect its clients’ funds through the segregation of funds. All client funds are kept securely, completely separate from TopFX’s own funds. TopFX adheres to strict policies and has taken all necessary measures to ensure that client funds are protected.

The system is designed with security in mind, ensuring that all transactions are processed securely and comply with regulatory standards. Launching a new brokerage can be challenging, but TopFX provides start-up packages to streamline the process and furnish the essential tools for success. Overall, TopFX’s liquidity solutions are extensive, presenting a range of options that can be adapted to cater to the needs of many financial institutions. More interaction between master traders and investors could create a more engaging environment. TopFX’s cTrader Copy platform is designed to be easy to use and transparent. The platform is intuitive and has features that help you navigate copy trading.

Marketing Support and Tools Provided to IBs

These services aim to deliver effective liquidity options, support for new ventures, and cutting-edge tools to empower financial businesses in a competitive landscape. Clients have a choice of either a spread-only or commission-based account on either MetaTrader 4 or cTrader. While it does not charge an inactivity fee, active trader or VIP discounts are not available. TopFX does not publish its average spread information so it is difficult to ascertain the true cost of trading. Overall, TopFX’s commission and fee structure is average and does not stand out compared to other brokers. The VIP account at TopFX has worked wonders for my high-volume trading.