TopFX review: Regulations, Platforms, Trading Instruments and Broker Ratings.

3.549 • 32 REVIEWS
TopFX Ltd
Updated: Apr 7, 2024

5 star review by Amelio, Italy

TopFx is the best broker, its strengths is the administrative technical support. Support is always available, very kind and has a huge professionalism and a high quality competence.

The highly favorable conditions of trading put you at ease immediately. A vast range of tools are available to diversify your investments at the best way as possible. Other benefits are the MQL SUITE and all the various webinar essential for training...

What is TopFX Broker?

TopFX is CySEC regulated forex broker that offers the CTrader and MT4 trading platforms.

Top Fx Trading instruments include over 40 forex currency pairs, CFDs, commodities, stocks, indices, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.

Please read TopFX broker reviews below and share live trading experiences with it.

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Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 30:1
Minimum to Open Live: $1
Established: 2010
Address: 3rd Floor, Stratigou Gianni Timagia 19, Limassol, 3107, Cyprus
Contact:, +357 25 352244
Regional offices:
Regulators: CySEC #138/11
Prohibited countries:
Trading platforms: MT4, cTrader
Web Trading: βœ… Yes
Mobile Trading: βœ… Yes
ECN: βœ… Yes

Trading Instruments

Currencies: (40+)
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
CFD: (20+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: βœ… Yes
News Trading: βœ… Yes
Scalping: βœ… Yes

Managed Accounts & Social Trading

PAMM: βœ… Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Apple Pay, Bitcoin, Dragonpay, FasaPay, iDEAL, Multibanco, Neteller, PayPal, PayTrust, PerfectMoney, Przelewy24, Skrill, SOFORT
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Airtel, Apple Pay, AstroPay, Dragonpay, Ether/Ethereum, FasaPay, iDEAL, Mobile Money, MTN (, Multibanco, Neteller, Orange Pay, Ozow, PayPal, PerfectMoney, PIX, Przelewy24, QR Payment, SEPA (Single Euro Payments Area), Skrill, SOFORT, Tigo Pesa (tiGOpesa), VNPay, Vodafone
* Please check broker website for more information
3.549 • 32 REVIEWS

Recent User Reviews of TopFX

Bratislava, Slovakia,
Aug 31, 2023,
Registered user

I never see same BAD BROKER

Service use: Live Length of use: over 1 Year
This is game boutique broker with very expensive all , spread , commision, markup etc
Support service is tottaly out of any fx, cfd services
I not recommend this broker to anyone, professional or beginer
Pakistan, Pakistan,
Apr 16, 2023,
Registered user

TopFX won't let me withdraw my profit.

Service use: Live Length of use: 0-3 Months
Topfx won't give me my withdrawal of profit. Stay away from this broker if you want to see your profits.
Pakistan, Pakistan,
Apr 13, 2023,
Registered user

TopFX ate my 1200$

Service use: Live Length of use: 0-3 Months
Topfx ate my 1200$ they deny giving profit made from trade, Topfx is not trustworthy to trade with. Dont send them money, they have no clue to cancelled my profit withdrawal even they are not replying me on email. I have lodged complaints to the regulatory.
bahrain, Bahrain,
Jan 18, 2023,
Registered user

they increase the spread + stop loss did not work

Service use: Live Length of use: 6-12 Months
i traded very well but on the last day, I enter 2 lot with stop-loss. as a limited risk, they let the trade run without any stop order + increased spread . until my capital becomes zero! I have evidence my trade was with stop loss and they just let it run and run in loss . we as traders make a really hard effort to succeed in trading.
,please traders, take a serious caution about this broker. i
Biella, Italy,
Jul 10, 2020,
Registered user

Very good experience

Service use: Live
I have been working with TopFx for more than 4 years, I can say it has been a positive experience, they grant you pure spreads and have a very good customer service.
Hanoi, Viet Nam,
Jul 9, 2020,
Registered user

A reputable and professional broker that I have traded

Service use: Live Length of use: over 1 Year
I used Ctrader when trading with TOPFX, it was really a significant improvement over the software I used before, it made trading easier and less setup.
TOPFX is the main broker and their services make me feel more concerned, whenever I need to I can talk directly to their employees instead of having to connect via email and livechat.

Withdraw is fast but currently limited options for payment gateway, hope they will improve it in the near future.
ITALY, Italy,
Jun 15, 2020,
Registered user


Service use: Live Length of use: over 1 Year
excellent broker the best in costs and above all as assistance, quick executions on the highly recommended market, super assistance with CONSTANTINE.
ITALY, Italy,
Jun 12, 2020,
Registered user

TopFx, il TOP dei TOP.

Service use: Live Length of use: 3-6 Months
TopFx is an excellent broker that boasts excellent assistance with a talented Italian referent, but above all it gives you the opportunity to train with excellent tools, it has a team of industry experts who follow you and make advanced courses to start their work in the market. If you start with them, success is assured. It has a Telegram channel with daily appointments, training, macroeconomic calendar, market analysis, all you need is provided by TopFx to get in the best way, without having to pay unreferenced people. I could not want better, it is the TOP.
Cliente, Italy,
May 25, 2020,
Registered user

La migliore

Service use: Live Length of use: over 1 Year
I have been with them for several years and I still cannot understand today how they can respond immediately to my multiple requests at any day and time.
Happy with the countless tools offered for trading strategies. with the best operating costs, possibility to study at a professional level with free courses and then to top it off with undisputed seriousness and transparency.
Thanks Costantino for your professionalism. i highly recommend this broker
Fabry secci
Sardinia, Italy,
May 14, 2020,
Registered user


Service use: Live Length of use: over 1 Year
Topfx si the best broker i Havel ever known. Fast order entry, lowest spreads in the market and withdrawal of funds processed within the day.
Assistance is the best thanks to Costantinos, always ready to solve all your doubts and problem in real time.

Frequently Asked Questions

Is TopFX a good broker?

Unbiased traders reviews on ForexPeaceArmy is the best way to answer if TopFX is a good broker.

Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

Additionally, we'd recommend to check recent TopFX community discussions:

Is TopFX regulated?

TopFX Ltd is registered as a Cyprus Investment Firm (CIF) and is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 138/11.

What is TopFX?

TopFX is a brokerage firm specializing in liquidity provision. TopFX offers following services.
  • Liquidity for 40 Forex pairs, 14 Indices, Metals, Energies and other CFDs.
  • Forex Brokerage setup service package
  • Professional traders account opening

How to classify as a professional trader for TopFX?

To be qualified as a Professional Client for TopFX, you must fulfill 2 out of the 3 following criteria:
  • Have carried out at least 10 significantly sized transactions per quarter over the last four quarters.
  • Your financial portfolio, including cash deposits and financial instruments, exceeds EUR 500,000.
  • You have professional experience working in the financial sector for at least one year in a position which requires knowledge of the transactions or services envisaged.