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Place in rating: 544
Forex broker

TOPFOREX

TOPFOREX

Advantages:

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Disadvantages:

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About company:

 

TopForex broker is owned by the Cypriot investment company Goldenburg Group Limited, licensed by CySEC. Moreover, the broker is licensed by regulators from 30 European countries. Customer deposits are insured against the broker's bankruptcy and are kept in segregated accounts.

 

TopForex executes orders on the STP basis. The trading portfolio consists of currency pairs, stocks, commodities, indices and bonds. The most numerous of them are currency pairs, of which there are more than 50, and stocks.

 

Trading platforms

 

TopForex provides two trading platforms. The popular MetaTrader 4 terminal is available in a version for PCs, smartphones or tablets. MT4 supports dozens of languages, including Russian. The platform contains many technical indicators and offers a wide range of opportunities when working with charts.

 

The second platform clients can trade on is xStation. It is also available from various devices. XStation can display up to 9 graphs in one window. The platform allows you to create trading robots and business applications and includes the main trading orders - Stop Loss and Take Profit. The big advantage is that the platform is available in Russian.

 

The broker allows its clients to engage in social trading on xSocial. Thanks to the service, traders can analyze successful transactions of other investors and copy them to their account.

 

Terms of trade

 

The minimum trade size is 0.01 lot. When trading, you can use leverage up to 1: 500. The disadvantage is high spreads, which, for example, for currency pairs start from 3 pips.

 

Beginners can open a demo account and practice their skills without the risk of losing money for 30 days. The official website has published many textbooks, methodological articles and videos that teach how to work with trading platforms and directly trade on Forex.

 

Ways of payment

 

TopForex offers several ways to deposit money into a trading account: bank transfer, credit card (Visa, MasterCard) and electronic payment systems (Skrill, UnionPay). The minimum deposit is $ 250. The broker does not charge any fees for deposits and withdrawals.

 

Customer support

 

The broker's support team can be contacted by email, live chat or telephone. The official website, platform and support service are available in Russian.

 

FAQ - BROKER QUESTIONS TOPFOREX

  • Do trader reviews affect the rating of TOPFOREX?

    Any review can raise or lower the company's rating. To read the reviews, go to the forex or binary brokers rating and select the broker you are interested in.

  • How to leave a review about TOPFOREX on the ita.promo website?

    To leave a review about the broker, scroll down the page, enter a valid email and your review with an overall rating. Reviews are moderated and tracked by the number of comments left from one IP or email. The site's technical support may request real documents proving that the user was or is a client of the broker. This rule applies to both negative and positive reviews. We want our portal to be honest and independent.

  • Can the broker TOPFOREX be considered honest?

    Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. TOPFOREX received a rating of 1 out of 5 on our resource.

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