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 6/10 (votes 3572)
Author of TopForex: Micky | Date 2022-11-14
I have an account with TopForex broker. They are scamming, as they took money from my live account. My initial investment was $3500 and Last month my profit was $65%. when I came to a withdrawal request then I can’t log into my account. I found that my account is blocked. They cancel my withdrawal request and blocked this account for a valueless reason. What kind of service is that?
Author of TopForex: Jeje | Date 2021-10-15
I feel satisfied with the result I got after I joined TopForex. They always provide good service, and they are also suitable for beginners because their website offers educational content for beginners. I'm trading in their MT4 account, the platform works smoothly and always profitable. Every trading brings me almost 50% profit. Client support always available whenever I need help and they fix my problem immediately. TopForex is a professional broker and I recommend them for a pleasant trading experience.
Author of TopForex: Meas | Date 2021-07-26
Trading with TopForex is easy and convenient. I have been with them for half a year already and my trading activities have always been great. I don't get any problem with the execution of my orders and the fees remain low regardless of the market situation.
Author of TopForex: Raymon | Date 2020-09-23
TopForex is a recommended broker. A few months ago, I opened a demo account. It was going smooth and nothing goes wrong. After trying on demo account, I decided to open real account and it was so easy for them to verify my documents and the deposit process was also fast. I found fast order execution and fixed spreads, they really provide a good platform quality. I finally made a profit, I requested to withdraw my profit and I got within 3 hours without any fees they take. Joined TopForex is profitable, I feel satisfied with the results I got. I recommend TopForex to all traders.
Author of TopForex: Virlo | Date 2020-08-12
Top forex has best execution and lowest commission/spreads. Been trading with them since December 2019 and until now I am a satisfied client of them. I wouldn't have anything to complain. Their platform is okay but gets delay sometimes. The customer support is great because all of my queries are answered.
Author of TopForex: Marik | Date 2020-06-23
Hi everyone, so I decided whether to go or not. I was pretty good at the demo. It's clear and everything can be calculated and easily set up. The only problem I see when registering is everything when phone support doesn't work. I see another problem when withdrawing money to my bank account. I don't want to chase money in court.
Author of TopForex: Nakix | Date 2020-06-08
I have been testing TopForex broker since February. So far I'm very pleased with them. I use their 50% bonus on deposit. My most of the trades are become profitability. My first withdraw was $360 and I get it within 30 minutes through Skrill. I always appreciate TopForex with low commissions and low spreads, it feels they are really looking for my interest. Good job!
Author of TopForex: Serena | Date 2020-05-06
I've joined Top Forex for a year. When I joined, I often enter a contest held by Top forex . I trade on MetaTrader 4 platform and I use trading tool Top Forex just to help me trade faster and better. I trade using medium and long term positions for currency pairs EUR/GBP and USD/JPY with a spread of 2.2 pips for both pairs.And standard account with a first deposit of $500. Made a profit of $320 after the first month, requested to withdraw, I got a delay of one week to get the approval. But it's Ok.
Author of TopForex: Taylor | Date 2020-04-20
Average licensed broker..
Author of TopForex: DPowel | Date 2020-04-14
Forex trading takes place 24 hours 5 days a week, so support should be available around the clock.
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