Top Ten Binary Brokers has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". For more information see ASIC's media release. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.toptenbinarybrokers.com.
I requested my data from Top Ten Binary Brokers under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Competitive fees|High security standards|Intuitive for beginners|Full transparency
Cons: Minimum deposit could be lower
After spending for a few weeks now trying to make Top Ten Binary Brokers work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Comprehensive tools|Clear documentation|Fast deposits
Cons: Mobile app could be improved|None so far
The platform at Top Ten Binary Brokers is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for over three years of dealing with this, I have had enough.
Pros: Instant funding|Demo account available|Risk management tools|Regular platform improvements
Cons: Spreads widen during volatile periods
I joined Top Ten Binary Brokers after reading several online reviews and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Easy to use platform|Real-time alerts|Excellent charting|Instant funding
Cons: No fractional shares
I wanted to transfer my portfolio from another broker to Top Ten Binary Brokers. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Two-factor authentication|Full transparency|Economic calendar|Demo account available
Cons: Would like more payment methods|Wait times can be long during peak hours
I opened an account with Top Ten Binary Brokers since last summer ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Professional team|Comprehensive tools|No hidden fees|Clear documentation
Cons: No phone support on weekends