Top Wealth (topwealthlimited.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: Artarmon NSW 2064, Australia This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: topwealthlimited.com.
I referred a friend to Top Wealth (topwealthlimited.com) through a forum discussion. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Dividend tracking|Segregated accounts
Cons: No crypto staking|No phone support on weekends
I wanted to transfer my portfolio from another broker to Top Wealth (topwealthlimited.com). 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: Excellent charting|Competitive fees|Regular platform improvements|Portfolio tracking tools
Cons: Search feature is basic|Nothing significant
Top Wealth (topwealthlimited.com) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Detailed reporting|Dividend tracking
Cons: Limited social trading features
Top Wealth (topwealthlimited.com) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Full transparency|Two-factor authentication|Professional team|Clean UI
Cons: Account statements could be more detailed|Minimum deposit could be lower
I joined Top Wealth (topwealthlimited.com) after a family member had a good experience 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: Segregated accounts|Excellent charting|Dedicated account manager
Cons: Limited social trading features|Email notifications too frequent