Forex Brokers

TopFX Global Ltd.

1.2 (12 reviews)
🇯🇵 Japan
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1.2
12 reviews
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About TopFX Global Ltd.

TopFX Global Ltd. has been flagged by Financial Services Agency for "Unregistered/Unlicensed entity offering financial products or services". 1. Location of office or Address
CT House, Office 9A, Providence, Mahé, Seychelles

2. Content, etc. of Business
Solicitation of OTC derivatives transactions on the internet without the statutory registration in Japan

3. Notes
The name of financial service provided by the company is “TopFX”... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

Write a Review

Nothing works as advertised

M
Megan D.
6 days ago

Do not be fooled by the professional-looking website. Behind the scenes, TopFX Global Ltd. is disorganized and incompetent. I found them after my brother mentioned them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.

Pros: Stable platform|Wide product range

Cons: Email notifications too frequent|Inactivity fee applies after 12 months

Stop loss not honored

V
Vincent W.
1 months ago

After for a couple of months now with TopFX Global Ltd. I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.

Pros: Real-time alerts|Fast deposits

Cons: Onboarding videos are outdated|No live chat on mobile

They upsell insurance you do not need

J
Jake W.
2 months ago

TopFX Global Ltd. advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.

Pros: Dedicated account manager|High security standards|API access

Cons: Minimum deposit could be lower

Regret choosing TopFX Global Ltd.

A
Andrea Y.
4 months ago

My withdrawal request from TopFX Global Ltd. has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.

Pros: Customizable dashboard|Segregated accounts|Real-time alerts

Cons: No fractional shares|Charting tools need more indicators

Beware - This company is not legitimate

C
Catherine G.
5 months ago

Tried to withdraw my funds from TopFX Global Ltd. and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.

Pros: Initially responsive customer service

Cons: Blocked my account|No legitimate license|Fake returns

Paper trading not available

J
Jessica W.
8 months ago

TopFX Global Ltd. had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Good analytical tools|Demo account available

Cons: Limited ETF selection

Walked away and never looking back

A
Amy A.
10 months ago

I experienced a security concern with my TopFX Global Ltd. account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.

Pros: Demo account available|Real-time alerts

Cons: Limited demo account features|Minor UI glitches occasionally

Avoid at all costs

N
Noah I.
11 months ago

I requested my data from TopFX Global Ltd. 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: Two-factor authentication|Regular updates|Portfolio tracking tools|Easy withdrawals

Cons: No crypto staking

Completely disorganized operation

A
Aria A.
11 months ago

After using TopFX Global Ltd. for about eight months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.

Pros: Copy trading available|Tax reports included

Cons: Account statements could be more detailed

Rollover requirements are insane

P
Paul A.
11 months ago

I lost a significant amount because TopFX Global Ltd. did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.

Pros: Good analytical tools|Clear documentation|Excellent charting|Two-factor authentication

Cons: Wish they had more educational resources