Topstar-Development.com Review

It is sad to hear that all the staff real accounts which manage by the directors are getting the first margin call within the first week (RM10K) or second week (RM20K). At the end, the staffs lost their hard earned Ringgit even they top up their accounts. You need to aware that you are actually signing the blank contract without any details of agent or partnership entries. They claimed that www.topstar-development.com established 11 years ago. From the whois record, we can know that the trading platform is created in year 2004, not in year 1997. We noticed that the trading platform easily lost connection with the server, especially during news time. One to two seconds of time lag also noticed in the orders execution. This is contrary to what they advocate: What you click is what you get. You get NO instant order execution during news time. Most jobseekers are informed that Topstar is a networking company when they applying the job. The position advertised in newspaper is customer service. The truth is the staffs need to do sales and manage their client accounts. The staffs are instruct to find the prospects in their family, relatives and friends after 2 days simple pips calculation training. You can imaging that how they are going to do sales without any sales training. Even some of the staff who are promoted as assistant manager, they did not get any basic salary if they do not have sales. Telegraphic transfer require 2 weeks to clear before opening a new account. It takes only 4 hours if you are depositing the money into Malaysia "money changer" account. TT is actually the fastest method to send money. What happens is the money first send to Topstar Hong Kong bank account, then Topstar Hong Kong send the shares of partnership in that sum of money back to Malaysia. That explain why takes so long time if using TT for deposit. Topstar demo and real trading platform ( iTrader & eTrader) are a hoax. The functions of demo trading platform is less than the real trading platform. You will lost all your money even you do well in the demo accounts. Most of the staffs are not train to execute orders other than open and close orders. How they are going to manage the client accounts if they are manage to get one? Do call this number, 1-300-88-5465 (BNM) now if you knew any existence of Topstar Development Co., Ltd. partnerships. Thank you..

This is a con broker. A typical bucket shop operate by its partnerships in Malaysia. They charge extremely high spreads and commissions (fixed 18pips for a standard lot) compare to an ECN broker who charge only 2 pips for the major pairs. Those partnerships victimised their own staffs (innocent jobseekers know nothing about forex) who wants to secure a job. Their directors first pretend as teacher teach staffs on basic pips calculation and simple indication of candle stick, stochastic and RSI. Then these directors entice the staffs to open an live RM10K or RM20K account,saying that the staffs will learn faster , the current market is active, and the directors will manage the account for 2 weeks. This is bullsxxt. After 2 months lapsed, I saw none of the staffs are able to manage their own demo accounts. All failed including the directors and managers. If the staffs really want to learn through live account, they can just open an mini or micro account with others broker starting with deposit just one US dollar. Not open an account in Topstar which only offer no mini account. It is hardly to gain any profits from Topstar platform unless we are proffessional trader. Beginners of forex can just go to internet forex forum and learn from there from basic up to advance.The directors ask the staffs to search the internet and learn by themselve. If the staffs can learn on their own feet, why they want to work in this partnership which offer no training on both sales and forex. Furthermore, the staffs received no salaries if they have no sales in a particular month. They have been fooled by the directors word that "basics base on performance". The truth is: the staffs will only get sales commissions, NOT salaries. There is NO basics pay. Inform Bank Negara Malaysia now ( bnmtelelink{{@}}bnm.gov.my)if you come across with these partnerships who claim their HQ is in Hong Kong. The truth is Topstar register in UK, bank account open in Hong Kong, and having their business activities in Malaysia. All of their investor are from Malaysia. Please refer to www.alexa.com for more details. Call Bank Negara Malaysia NOW!!!m