TopWealth Trading (topwealthtrading.com) has been flagged by Australian Securities and Investments Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Several red flags with TopWealth Trading (topwealthtrading.com): (1) They promise unrealistically high returns, (2) They're not registered with Australian Securities and Investments Commission, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database
TopWealth Trading (topwealthtrading.com) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: No hidden fees|Segregated accounts|Full transparency|Risk management tools
Cons: Cannot customize dashboard fully|Limited ETF selection
I opened an account with TopWealth Trading (topwealthtrading.com) since I opened my account last year 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: Customizable dashboard|API access|Market news feed|Fast execution
Cons: Email notifications too frequent
The reporting at TopWealth Trading (topwealthtrading.com) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Easy withdrawals|Professional team
Cons: No crypto staking|No fractional shares
I looked into TopWealth Trading (topwealthtrading.com) and found they appear in the regulatory warnings database. Australian Securities and Investments Commission has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Appears in regulatory warnings database|Uncertain regulatory status
I want to warn everyone about TopWealth Trading (topwealthtrading.com). They have been flagged by Australian Securities and Investments Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Lost entire investment|Reported to authorities|Unresponsive
TopWealth Trading (topwealthtrading.com) locked my account without warning and demanded documents I had already submitted. since I opened my account last year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: No hidden fees|Instant funding
Cons: Inactivity fee applies after 12 months|Alert system is basic
Tried to withdraw my funds from TopWealth Trading (topwealthtrading.com) 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.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I referred a friend to TopWealth Trading (topwealthtrading.com) after a friend recommended them. 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: Risk management tools|Intuitive for beginners|Good mobile app
Cons: Email notifications too frequent
Do not use TopWealth Trading (topwealthtrading.com) for anything serious. I used them for a few weeks now for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Detailed reporting|Economic calendar
Cons: Cannot customize dashboard fully