Forex Broker

TopForex review


On-line since: 2014
Country of origin: Cyprus
Regulation: CySEC
Payment options: Wire Transfer, credit cards (VISA, MasterCard), Skrill, China UnionPay
Minimum account size: $250
Minimum lot size: 0.01 lots
Leverage: up to 1:200
Spreads: from 3 pips for EUR/USD

About company:

TopForex is a brand owned and operated by the Cyprus investment company Goldenburg Group Limited which is licensed by CySEC. Moreover, the broker has licenses from regulators of 30 European countries. The funds of customers are insured against the broker's bankruptcy and are kept in segregated accounts.

TopForex uses STP technology for order execution. Trading instruments include over 50 currency pairs and stocks, as well as commodities, indices, and bonds.

Trading platforms

TopForex offers two trading platforms. The popular MetaTrader 4 platform is available for PCs, smartphones, and tablets. MT4 supports dozens of languages, including Russian. The platform contains a lot of technical indicators and has a wide range of opportunities for working with charts.

The second trading platform is xStation. It is also available on various devices. In xStation, 9 charts can be displayed on the screen simultaneously. The platform allows traders to create trading robots and business applications. It also includes the main trading orders such as Stop Loss and Take Profit. The platform supports the Russian language like MT4.

The broker provides social trading on xSocial to its clients. Thanks to the service, traders can analyze successful transactions of other investors and copy deals to their account.

Trading conditions

The minimum deal size is 0.01 lots. Customers can choose a leverage of up to 1: 500. The main disadvantage is high spreads, which begin from 3 pips for currency pairs, for example.

Beginners have the opportunity to open a demo account for 30 days and practice their skills without the risk of losing money. On the official website, there are a lot of educational materials and videos that teach how to work on trading platforms and trade on Forex.

Payment methods

TopForex offers several ways to top up an account including bank transfer, credit cards (Visa, MasterCard), and payment systems (Skrill, UnionPay). The minimum deposit is $250. The broker does not charge any fees for depositing and withdrawal of funds.

Customer support

Traders can contact the customer support via e-mail, chat, or phone. The official site, platform, and support service are all available in Russian.

TopForex 3/10 (votes 1933)
Author of TopForex: Mack_Drag | Date 2019-09-22
Forex is a risky market and I have big investment, but I am secure to trade with TopForex broker's platform in a segregated account. Also, I can trade with high tech on their MT4 platform, which integrated with EA and advanced indicators or tools. I am able to make almost $2K profit and able to withdrawal this profit through my Neteller account. Really TopForex's service is great and they provide me a very good trading environment in the market.
Author of TopForex: RIZOULIS ANDREAS | Date 2019-06-30
I have invested almost 100.000€ and TopForex's brokers made me loose all my money. In the beginning they gave me some profits, but when i told them that i won't invest more money they made me loose all my fund in 2months. I was following mr Nasos Papanastasiou financial advices and in just a couple of months i lost everything. TopForex Goldenburg in Cyprus are just loosing people's miney. Don't invest your money on them. They are the worst financial advisors ever.
Author of TopForex: Mr.Payne | Date 2019-04-24
I am satisfied and secured in forex trade with TopForex broker so far. Because their segregated account gives high security in trading. Beside their MT4 platform are integrated with advance tools too. So I say TopForex broker has the best services, who always provides a very good trading opportunity to me.
Author of TopForex: Gouzrf | Date 2019-01-22
I've tried a number of brokers, and they are all a market makers and TopForex as the most trustworthy. I have opened an account with 300$ three months ago. They have xStation platform with many features. All the orders are executed at the same time, no slippage and no spread widenign during news which is very important to me as a news trader. I am able to generate over $800 in three months. Last month I withdraw $400 successfully via China UnionPay and it takes only 4hours. My only suggestion for you is to try them.
Author of TopForex: Denzmerz | Date 2018-11-09
I have been with TopForex for almost a year and I can say that their name is very fitting as their services are on top. The minimum deposit is $100 -- an ideal amount to start real trading and their spread is pretty reasonable at 3 pips. But my favorite is their platform as it has superb features. Minimalist yet elegant design, multiple tools to allow traders mark the charts, and accurate signals. My next fave is the withdrawal process. You won't ever have to wait for too long because within just 24 hours, you will surely receive your fund. I requested for a withdrawal of $150 in the afternoon and I received it on the morning of the next day.
Author of TopForex: pipincen | Date 2018-08-30
TopForex is highly compatible brokers, they are brokers who maintain the trust of his clients and provide the best quality of trade in a platform. I always put stops/limits and I have never had any problems. Their minimum deposit only $250 and every trader can make trading through the app for iOS and Android and they have technical support which works 24/7 will always help traders. make a deposit every week and would always get my profit timely within 5 trading days. I invite my friends to join in this broker, and therefore the broker also added bonus into my trading account. Very satisfactory. I love TopForex so much.
Author of TopForex: Gerryfx | Date 2018-04-19
I'm making a nice profit since I started to trade with TopForex. The platform works great with fast execution, the spread is stable during volatility times. I use currency pairs USD/GBP and EUR/GBP with medium time frames. For EUR/USD pair I use a bot to help me with the patterns. My profit on average so 400$ and I am pleased with that. The broker has transparent fee policy and the support team is always there to help or answer questions.
Author of TopForex: Anu | Date 2018-03-06
Great broker indeed, I joined top forex 4 months ago, I had training with one of the representatives and after 2 weeks I started with my $ 250,and after 3 weeks I earn $ 600 with top forex, and then request for my withdrawal, got it for approx 6 days, so in my opinion, there is nothing wrong with this broker, you need to train first before you start with live account to maximize your profit.
Author of TopForex: Looey | Date 2018-01-16
Topforex is such a reliable broker. I consider them as one of the high reputation broker service. In fact, I have been trading with them through real trading ECN classic account while it is affordable with minimum deposit of $100. Their spread is okay and reliable for 0.1 pips especially for most desire currency pair EUR/USD. Their contest was good and useful and trader like me were able to make some profit through it. I would like to give credits to them team for the free seminars which provide valuable insights and the best strategies used over the years.
Author of TopForex: Fatai | Date 2017-12-11
I have had no negative experience while trading with Top Forex. I am a satisfied client, I think that most of the posters do not even have accounts with the company. If you want me to show my withdrawals history no problems just ask, but this broker withdrawal fine, I have made withdrawals for 4 times now with no issue, only that the support department is sometimes slow in response.
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