TopFX is a multi-asset broker founded in 2010, offering a range of trading services across forex, indices, commodities, and cryptocurrencies. Regulated by CySEC and the Seychelles FSA, TopFX provides traders with access to competitive pricing, low spreads, and high leverage.

The broker supports popular platforms such as MetaTrader 4, MetaTrader 5, and cTrader, catering to both retail and institutional clients. With its focus on liquidity provision and tailored trading solutions, TopFX appeals to both beginners and advanced traders looking for a flexible and secure trading environment.

Pros

  • Regulated by CYSEC, offering some protection for EU clients
  • Established in 2010, with over a decade of experience
  • High leverage up to 1000:1 for international clients
  • Supports MetaTrader 4 and cTrader platforms
  • Wide variety of assets to trade: Forex, Crypto, Stocks, and more
  • Client funds are kept separate for extra security

Cons

  • Not a publicly traded company, doesn’t disclose financials
  • No licenses in major markets like the UK or US
  • No compensation scheme for non-EU clients
  • Limited customer reviews available
* On October 17, 2024

We tested TopFX using real-money live accounts. Our reviews are based on unbiased testing, using live accounts and real data from the broker’s platforms. We don’t favor or criticize brokers unless our findings support it. While we offer paid advertising, our review content stays neutral. For more details, visit our About Us page.

TopFX Profil

Nazwa Firmy TopFX Global Ltd
Kategorie Brokerzy Forex, Brokerzy oferujący kryptowaluty, Forex Rebates, Cryptocurrency Rebates
Kategoria podstawowa Brokerzy Forex
Rok Założenia 2010
Siedziba Główna Seszele
Oddziały Seszele
Waluta Rachunku EUR, GBP, USD
Obsługa Klienta Oferowana w Językach arabski, chiński, język angielski, Francuski, grecki, hinduski, język węgierski, język japoński, Polski, portugalski, Rosyjski, hiszpański, tajski, turecki, wietnamski, urdu, Spis (Indonezyjska)
Metody Zasilenia Rachunku Bank Wire, Bitcoin, Credit/Debit Card, FasaPay, Litecoin, Neteller, Perfect Money, Skrill, SticPay, Ethereum, Bitwallet, Tether (USDT), DragonPay, Pix, M-Pesa, Apple Pay, Googlepay
Instrumenty Transakcyjne Forex, Akcje, Indeksy, Olej/Surowce energetyczne, Kryptowaluty, Metale, ETFs
Kraje objęte zakazem Belgia, Kanada, Iran, Korea Północna, Myanmar, Stany Zjednoczone
24h Obsługa Klienta
Środki Klientów Na Oddzielnych Kontach
Rachunek Islamiczny
Obsługa Klientów z Kanady
Obsługa Klientów z Japonii
Niewygasające Konto Demo
API Trading
Konto Cent
Ochrona przed ujemnym saldem
Inwestowanie społecznościowe
Regulacyjne ubezpieczenie depozytów
Zlecenie Trailing Stop
Bonusy
Odsetki od marży
Spread Stały
Spread zmienny

Trustworthiness & Regulation

* On October 17, 2024

TopFX is regulated by CYSEC in Cyprus and the FSA in Seychelles. While this provides strong protections for European clients (such as segregated funds and an investor compensation scheme), global clients, particularly under the FSA, don’t receive the same level of protection.

TopFX has been operating since 2010, giving it solid experience in the industry. Even so, always remember that regulation doesn’t fully eliminate risks.

Informacje o Firmie Licencje i Regulamin Segregowane pieniądze klientów Depozytowy fundusz rekompensacyjny Ochrona przed ujemnym saldem Rabaty Maksymalna dźwignia dla klientów detalicznych
TopFX Ltd aż do 20 000 € 30 : 1
TopFX Global Ltd 1000 : 1

Deposit Insurance

TopFX offers deposit insurance through the Cyprus Investor Compensation Fund for clients under CYSEC regulation. This guarantees a payout up to a certain limit if the broker collapses.

However, clients trading under the FSA in Seychelles don’t benefit from the same insurance, as Seychelles regulations don’t mandate this kind of protection.

TopFX Rodzaje Kont

  Zero Raw cTrader Zero cTrader Raw
Maksymalna dźwignia finansowa1000:1
Platformy MobilneMT4 MobilecTrader Mobile
Platforma handlowaMT4cTrader
Rodzaj SpreaduVariable Spread
Minimalny Depozyt50
Minimalny Wolumen0,01
Zlecenie Trailing Stop
Dozwolone Skalpowanie
Dozwolony Hedging
Rachunek Islamiczny
  Zero
Maksymalna dźwignia finansowa 1000:1
Platforma handlowa MT4
Platformy Mobilne MT4 Mobile
Rodzaj spreadu Variable Spread
Minimalny Depozyt 50
Minimalny Wolumen 0,01
Zlecenie Trailing Stop
Dozwolone Skalpowanie
Dozwolony Hedging
Rachunek Islamiczny
  Raw
Maksymalna dźwignia finansowa 1000:1
Platforma handlowa MT4
Platformy Mobilne MT4 Mobile
Rodzaj spreadu Variable Spread
Minimalny Depozyt 50
Minimalny Wolumen 0,01
Zlecenie Trailing Stop
Dozwolone Skalpowanie
Dozwolony Hedging
Rachunek Islamiczny
  cTrader Zero
Maksymalna dźwignia finansowa 1000:1
Platforma handlowa cTrader
Platformy Mobilne cTrader Mobile
Rodzaj spreadu Variable Spread
Minimalny Depozyt 50
Minimalny Wolumen 0,01
Zlecenie Trailing Stop
Dozwolone Skalpowanie
Dozwolony Hedging
Rachunek Islamiczny
  cTrader Raw
Maksymalna dźwignia finansowa 1000:1
Platforma handlowa cTrader
Platformy Mobilne cTrader Mobile
Rodzaj spreadu Variable Spread
Minimalny Depozyt 50
Minimalny Wolumen 0,01
Zlecenie Trailing Stop
Dozwolone Skalpowanie
Dozwolony Hedging
Rachunek Islamiczny

Spreads and Costs

* On October 17, 2024

TopFX offers competitive spreads for Forex and crypto, while the spreads for commodities and indices are slightly higher. They also charge commissions on certain account types, so it’s important to check the full cost structure when choosing an account.

Swap Rates/Financing Fees

Swap rates apply when you hold a position overnight. TopFX offers swap rates similar to other brokers. Positive swap rates can be an advantage, but negative swap rates can increase costs, especially on long-term trades.

Other Fees

TopFX charges fees outside of spreads and commissions. These include withdrawal fees, which vary based on the payment method, and inactivity fees if your account is dormant for a period.

Fee Type Amount
Withdrawal Fees Varies by method
Inactivity Fees Yes

Islamic/Swap-free Accounts

Yes, TopFX offers swap-free accounts for clients who follow Sharia law. However, eligibility criteria may apply, so it’s best to contact the broker directly for details.

Comparison to other Brokers

* On October 17, 2024

TopFX is well-regulated and offers competitive spreads, making it a good option for traders. However, its protection for non-EU clients is not as strong as brokers regulated in stricter jurisdictions like the UK or Australia. While TopFX has a wide range of tradable instruments and high leverage, it has a smaller user base compared to top brokers like IC Markets or Pepperstone.

Trading Platforms

Platform Automated Trading Programming Language
MetaTrader 4 (Desktop, Mobile) Yes MQL4 (Moderately Easy)
cTrader (Desktop, Mobile, Web) Yes C# (Advanced)

TopFX offers both MetaTrader 4 and cTrader, two of the most popular platforms. MetaTrader 4 is beginner-friendly with strong charting tools and automated trading features using MQL4. cTrader, on the other hand, is more advanced and supports automated trading in the C# language, offering more customization for experienced traders.

Available Instruments

Asset Class Number of Instruments
Forex CFD 55+
Crypto CFD 13
Stock CFD 599
Stock Index CFD 14
Commodities CFD 8
ETFs CFD 18

TopFX offers over 55 Forex pairs, 13 cryptocurrencies, and nearly 600 stock CFDs. As CFDs, traders speculate on price movements without owning the underlying asset. Be mindful of leverage, which can boost profits but also increase losses.

Leverage

TopFX offers leverage up to 1000:1 for clients under FSA regulation, while European clients are limited to 30:1 due to EU laws. The leverage depends on the asset and regulatory jurisdiction, giving traders flexibility to manage risk.

Prohibited Countries

TopFX doesn’t accept clients from certain countries like the United States, Canada, and Iran. Be sure to check the broker’s website for the most up-to-date list of restricted areas.

Education

TopFX offers a variety of educational resources aimed at helping traders improve their skills. These include webinars, trading guides, and platform tutorials. However, the content can be quite basic and may not be enough for advanced traders looking for in-depth material.

Promotions

TopFX doesn’t offer many promotions or bonuses, focusing more on its core services. However, it occasionally runs special offers for new clients, so it's worth checking their website for any current promotions.