Forex Brokers

topz_trade

1.4 (14 reviews)
🇴🇲 Oman
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1.4
14 reviews
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About topz_trade

topz_trade has been flagged by Financial Services Authority 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.

Customer Reviews

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Deceptive practices at topz_trade

N
Nathan D.
2 months ago

The platform at topz_trade is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for just over a year of dealing with this, I have had enough.

Pros: Risk management tools|Dividend tracking

Cons: Withdrawal takes 1-2 business days

Checked with regulators - they're not licensed

D
Diana G.
2 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that topz_trade has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Pros: Website looks legitimate on the surface

Cons: Listed in warning databases|No transparency|Pressure to invest quickly

Withdrawal rejected 3 times

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Owen H.
4 months ago

I opened an account with topz_trade since the beginning of the 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: Automated trading options|Multiple order types

Cons: Desktop app not available on Linux

The fine print will get you

M
Maria V.
6 months ago

I referred a friend to topz_trade from a review site like this one. 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: Responsive team|Dividend tracking|Customizable dashboard

Cons: No integrated tax optimization

My worst experience with a financial platform

F
Felix E.
6 months ago

I am in a dispute with topz_trade over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Regular platform improvements|Clean UI|Good analytical tools

Cons: No integrated tax optimization

Broken promises everywhere

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Gavin H.
7 months ago

topz_trade 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: Comprehensive tools|Competitive fees

Cons: Withdrawal takes 1-2 business days|Spreads widen during volatile periods

A company that does not deserve your trust

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Christopher E.
8 months ago

I closed a profitable position at topz_trade and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: Personal attention|Instant funding

Cons: Alert system is basic|Slow to add new assets

Terms change without notice

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Paul V.
9 months ago

topz_trade 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: Two-factor authentication|Fast support response|Easy withdrawals

Cons: Live chat only during business hours

Phone line always busy

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Edward Y.
9 months ago

I have been trying to close my account with topz_trade for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Fast support response|Easy to use platform|Good analytical tools

Cons: Search feature is basic

Amateur hour at topz_trade

M
Monica W.
10 months ago

The only good thing about topz_trade is that they remind you why regulation matters. I found them through a forum discussion. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.

Pros: Multiple order types|Transparent fees|Fast deposits

Cons: No live chat on mobile