TOPFX

License Information

Cyprus CYSEC Market Making License (MM)

Foreign exchangeForeign exchangeForeign exchangeFinancial derivativesFinancial derivativesFinancial derivativesSecuritiesSecuritiesSecuritiesBondBondBondOther financial productsOther financial productsOther financial products

Regulatory Status: Regulated
License No.: 138/11
Regulatory Jurisdiction: Cyprus22
Effective Date: 2011-04-19
Licensed Entity: TOPFX LTD
Sharing Status: Exclusive
Client Type: --
Client Funds Permission: Not specified
Authorized Activities: Foreign exchange trading, foreign exchange agency, foreign exchange asset management, financial derivatives trading, financial derivatives agency, financial derivatives asset management, securities trading, securities agency, securities asset management, bond trading, bond agency, bond asset management, other financial product trading, other financial product agency, other financial product asset management
Institution Website: www.topfx.com
Institution Email: info@topfx.com
Institution Phone: +357 25 352 244
Institution Address: KSENOS BUILDING, Office No.502, Troodous 2, Agios Athanasios, 4105, Limassol, Cyprus
Supporting Documents

License Information

Cyprus CYSEC Market Making License (MM)

Regulatory Status: Regulated
License No.: 138/11
Regulatory Jurisdiction: Cyprus 22
Effective Date: 2011-04-19
Licensed Entity: TOPFX LTD
Sharing Status: Exclusive
Client Type: --
Client Funds Permission: Not specified
Authorized Activities: Foreign exchange trading, foreign exchange agency, foreign exchange asset management, financial derivatives trading, financial derivatives agency, financial derivatives asset management, securities trading, securities agency, securities asset management, bond trading, bond agency, bond asset management, other financial product trading, other financial product agency, other financial product asset management
Institution Website: www.topfx.com
Institution Email: info@topfx.com
Institution Phone: +357 25 352 244
Institution Address: KSENOS BUILDING, Office No.502, Troodous 2, Agios Athanasios, 4105, Limassol, Cyprus
Supporting Documents: Supporting Documents*6

Brand Introduction

Company Profile

TopFX Review Summary
Founded	2019-11-27
Registered Country/Region	Cyprus
Regulation	Regulated
Market Instruments	Forex, Indices, Shares, Metals, Energies, Cryptocurrencies, ETFs
Demo Account	✅
Leverage	Up to 1:1000
Spread	From 0.0 pips(Average Spreads-EURUSD: 0.11)
Trading Platform	cTrader, MT4 (Windows, Android, iOS)
Min Deposit	No min. deposit
Customer Support	T:+248 4374705
	E: support@topfx.com.sc
	Facebook, Instagram, LinkedIn, Telegram
	Live Chat

TopFX Information

TopFX is a broker that specializes in access to 600+ CFDs on forex, indices, shares, metals, energies, ETFs, and cryptocurrencies. The broker also provides up to 1000x max leverage and a demo account. The minimum spread is from 0.0 pips. Traders can also access the MT4 and cTrader trading platforms through TopFX.

Pros and Cons

Pros	Cons
Regulated	No swap-free account
Leverage up to 1:1000	Some negative voices: unable to withdrawal
Spread from 0.0 pips	No 24/7 customer support
MT4 available
600+ CFDs

Is TopFX Legit?

TopFX is authorized and regulated by the Cyprus Securities and Exchange Commission(CYSEC) with license No.138/11. The license type is Market Making(MM), making it safer than unregulated.

What Can I Trade on TopFX?

TopFX offers various market instruments, including forex, indices, shares, metals, energies, ETFs, and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
Indices	✔
Shares	✔
Metals	✔
Energies	✔
Cryptocurrencies	✔
ETFs	✔

Account Type

TopFX has three live account types: Zero, Raw, and VIP. Traders who want low spreads and don't mind commission can choose a Raw account, while those with a sufficient budget can open a VIP account.

In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type	Zero	Raw	VIP
Currency	USD, EUR, GBP, JPY	USD, EUR, GBP, JPY	USD, EUR, GBP, JPY
Spread from	1 pip	0 pip	0.2 pip
Min. Deposit	No min. deposit*	$5000	$50000
Leverage	1:1000	1:1000	Up to 1:1000
Commission	$0	$2.75 per side per lot	$0

TopFX Fees

The spread starts from 0.0 pips and the commission is from zore. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

Traders can conduct financial activities in MT4 and cTrader, available on Windows, Android, and iOS through TopFX. Investors can trade on mobile and tablet with the TopFX cTrader app and MT4. cTrader also supports Desktop & web versions.

Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).

Trading Platform	Supported	Available Devices	Suitable for
cTrader	✔	Windows, Android, iOS	All
MT4	✔	Windows, Android, iOS	Junior traders

Deposit and Withdrawal

The first deposit amount is no limit. TopFX accepts bank payments, electronic payments, and QR payments for deposits and withdrawals. Electronic payments and QR payments can receive funds instantly, while bank payments can be processed within 5 days.

Contact

Facebook

https://www.facebook.com/TopFX

Instagramhttps://www.instagram.com/topfx_global/

LinkedInhttps://cy.linkedin.com/company/topfx-ltd

Brand Introduction

Company Profile

TopFX Review Summary
Founded	2019-11-27
Registered Country/Region	Cyprus
Regulation	Regulated
Market Instruments	Forex, Indices, Shares, Metals, Energies, Cryptocurrencies, ETFs
Demo Account	✅
Leverage	Up to 1:1000
Spread	From 0.0 pips(Average Spreads-EURUSD: 0.11)
Trading Platform	cTrader, MT4 (Windows, Android, iOS)
Min Deposit	No min. deposit
Customer Support	T:+248 4374705
	E: support@topfx.com.sc
	Facebook, Instagram, LinkedIn, Telegram
	Live Chat

TopFX Information

Pros and Cons

Pros	Cons
Regulated	No swap-free account
Leverage up to 1:1000	Some negative voices: unable to withdrawal
Spread from 0.0 pips	No 24/7 customer support
MT4 available
600+ CFDs

Is TopFX Legit?

TopFX is authorized and regulated by the Cyprus Securities and Exchange Commission(CYSEC) with license No.138/11. The license type is Market Making(MM), making it safer than unregulated.

What Can I Trade on TopFX?

TopFX offers various market instruments, including forex, indices, shares, metals, energies, ETFs, and cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
Indices	✔
Shares	✔
Metals	✔
Energies	✔
Cryptocurrencies	✔
ETFs	✔

Account Type

In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Account Type	Zero	Raw	VIP
Currency	USD, EUR, GBP, JPY	USD, EUR, GBP, JPY	USD, EUR, GBP, JPY
Spread from	1 pip	0 pip	0.2 pip
Min. Deposit	No min. deposit*	$5000	$50000
Leverage	1:1000	1:1000	Up to 1:1000
Commission	$0	$2.75 per side per lot	$0

TopFX Fees

The spread starts from 0.0 pips and the commission is from zore. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
cTrader	✔	Windows, Android, iOS	All
MT4	✔	Windows, Android, iOS	Junior traders

Deposit and Withdrawal

Contact

Facebook

https://www.facebook.com/TopFX

Instagram

https://www.instagram.com/topfx_global/

https://cy.linkedin.com/company/topfx-ltd

Change Records

2026-01-19

New Account

TOPFX

2026-01-19

New Account

TOPFX

2026-01-19

New Account

TOPFX

2026-01-19

New Withdrawal Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | No Fees | -- | 1,500 | THB

2026-01-19

New Withdrawal Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | No Fees | -- | 1,200,000 | VND

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 14,000 | PKR

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 30,000 | XOF

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 30,000 | --

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 30,000 | XOF

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 7,500 | JPY

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 30,000 | XOF

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 7,500 | JPY

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 700 | GHS

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | -- | GNF、XAF、XOF

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 1000 | ZMW

2026-01-19

New Withdrawal Method

TOPFX

After: 2-72 hours | No Fees | -- | 900 | ZAR

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 30,000 | XOF

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | -- | GHS、GNF、RWF、UGX、XAF、XOF、ZMW

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 900 | NAD

2026-01-19

New Withdrawal Method

TOPFX

After: 1 BUSINESS DAY | No Fees | -- | -- | KES、TZS、USD

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 850 | MXN

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 50 | USD

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | -- | TZS、XOF

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 10,000 | CNY

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | -- | GHS、TZS

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 850 | MXN

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 2,500 | PHP

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 50 | USD

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | -- | GHS、RWF、TZS、UGX、ZMW

2026-01-19

New Withdrawal Method

TOPFX

After: 1 BUSINESS DAY | No Fees | -- | -- | CNY、IDR、THB、VND

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | -- | -- | 120,000 | TZS

2026-01-19

New Withdrawal Method

TOPFX

After: Funds are credited instantly | No Fees | -- | 250 | BRL

2026-01-19

New Withdrawal Method

TOPFX

After: 1 BUSINESS DAY | No Fees | -- | 1,200,000 | VND

2026-01-19

New Withdrawal Method

TOPFX

After: 1 BUSINESS DAY | No Fees | -- | 50 | EUR、GBP、USD

2026-01-19

New Withdrawal Method

TOPFX

After: 1 BUSINESS DAY | No Fees | -- | 50 | EUR、GBP、USD

2026-01-19

New Withdrawal Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | No Fees | -- | 50 EUR or currency equivalent | --

2026-01-19

New Withdrawal Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | No Fees | -- | 50 EUR or currency equivalent | AED、ARS、AUD、AZN、BGN、BHD、BND、BRL、BYR、CAD、CHF、CLF、COP、CRC、CZK、DKK、EGP、EUR、GBP、GEL、HRK、HUF、IDR、INR、ISK、JPY、KRW、KWD、KZT、MDL、MXN、NIO、NOK、NZD、OMR、PEN、PHP、PLN、PYG、QAR、RON、RSD、RUB、SAR、SEK、SGD、THB、TWD、UAH、USD、UYU、VND、YER、ZAR

2026-01-19

New Withdrawal Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | No Fees | -- | 50 EUR or currency equivalent | AED、ARS、AUD、AZN、BGN、BHD、BND、BRL、BYR、CAD、CHF、CLF、CNY、COP、CRC、CZK、DKK、EGP、EUR、GBP、GEL、HKD、HRK、HUF、IDR、INR、ISK、JPY、KRW、KWD、KZT、MDL、MXN、NIO、NOK、NZD、OMR、PEN、PHP、PLN、PYG、QAR、RON、RSD、RUB、SAR、SEK、SGD、THB、TRY、TWD、UAH、USD、UYU、VND、YER、ZAR

2026-01-19

New Withdrawal Method

TOPFX

After: 3-5 BUSINESS DAYS | No Fees | -- | No | EUR、GBP、USD

2026-01-19

New Withdrawal Method

TOPFX

After: 3-5 BUSINESS DAYS | No Fees | -- | 50 EUR or currency equivalent | EUR

2026-01-19

New Withdrawal Method

TOPFX

After: 3-7 BUSINESS DAYS | No Fees | -- | 50 EUR or currency equivalent | AED、ARS、AUD、AZN、BGN、BHD、BND、BRL、BYR、CAD、CHF、CLF、CNY、COP、CRC、CZK、DKK、EGP、EUR、GBP、GEL、HKD、HRK、HUF、IDR、INR、ISK、JPY、KWD、KZT、MDL、MXN、NIO、NOK、NZD、OMR、PEN、PHP、PLN、PYG、RSD、RUB、SAR、SEK、SGD、THB、TRY、TWD、UAH、USD、VND、YER、ZAR

2026-01-19

New Withdrawal Method

TOPFX

After: 3-7 BUSINESS DAYS | No Fees | -- | 50 EUR or currency equivalent | AED、ARS、AUD、AZN、BGN、BHD、BND、BRL、BYR、CAD、CHF、CLF、CNY、COP、CRC、CZK、DKK、EGP、EUR、GBP、GEL、HKD、HRK、HUF、IDR、INR、ISK、JPY、KRW、KWD、KZT、MDL、MXN、NIO、NOK、NZD、OMR、PEN、PHP、PLN、PYG、QAR、RON、RSD、RUB、SAR、SEK、SGD、THB、TRY、TWD、UAH、USD、UYU、VND、YER、ZAR

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 1,200,000 | VND

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 1,500 | THB

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 14,000 | PKR

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | -- | GNF、XAF、XOF

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 700 | GHS

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 1,000 | ZMW

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 7,500 | JPY

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 30,000 | XOF

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 7,500 | JPY

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 30,000 | XOF

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 30,000 | XOF

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 900 | ZAR

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 30,000 | XOF

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 900 | NAD

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | -- | GHS、GNF、RWF、UGX、XAF、XOF、ZMW

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 250 | BRL

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 50 | EUR、GBP、USD

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | -- | GHS、TZS

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 120,000 | TZS

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | -- | TZS、XOF

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 30,000 | XOF

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 850 | MXN

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 1,200,000 | VND

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 50 | USD

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 850 | MXN

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 2,500 | PHP

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | -- | RWF、TZS、UGX、ZMW

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | -- | KES、TZS、USD

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 50 | USD

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 50 | EUR、GBP、USD

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | -- | CNY、IDR、THB、VND

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 1,000 | CNY

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 3,000 CNY 23,000 NGN | CNY、NGN

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 50 EUR or currency equivalent | AED、AFN、ARS、AUD、AZN、BGN、BHD、BND、BRL、BYR、CAD、CHF、CLF、CNY、COP、CRC、DKK、EGP、EUR、GBP、GEL、HKD、HRK、HUF、IDR、INR、ISK、JPY、KRW、KWD、KZT、MDL、MXN、NIO、NOK、NZD、OMR、PEN、PHP、PLN、PYG、QAR、RON、RSD、RUB、SAR、SEK、SGD、THB、TRY、TWD、UAH、USD、UYU、VND、YER、ZAR

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 50 EUR or currency equivalent | AED、AFN、ARS、AUD、AZN、BGN、BND、BRL、BYR、CAD、CHF、CLF、CNY、COP、CRC、CZK、DKK、EGP、EUR、GBP、GEL、HKD、HRK、HUF、IDR、INR、ISK、JPY、KRW、KWD、KZT、MDL、MXN、NIO、NOK、NZD、OMR、PEN、PHP、PLN、PYG、QAR、RSD、RUB、SAR、SEK、SGD、THB、TRY、TWD、UAH、USD、UYU、VND、YER、ZAR

2026-01-19

New Deposit Method

TOPFX

After: 3-5 BUSINESS DAYS | -- | -- | 1001 USD or currency equivalent | EUR、GBP、USD

2026-01-19

New Deposit Method

TOPFX

After: 3-5 BUSINESS DAYS | -- | -- | 1001 or currency equivalent | EUR

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 50 EUR or currency equivalent | AED、ARS、AUD、AZN、BGN、BHD、BND、BRL、BYR、CAD、CHF、CLF、CNY、COP、CRC、CZK、DKK、EGP、EUR、GBP、GEL、HKD、HRK、HUF、IDR、INR、ISK、JPY、KRW、KWD、KZT、MDL、MXN、NIO、NOK、NZD、OMR、PEN、PHP、PLN、PYG、QAR、RON、RSD、RUB、SAR、SEK、SGD、THB、TRY、TWD、UAH、USD、UYU、VND、YER、ZAR

2026-01-19

New Deposit Method

TOPFX

After: FUNDS ARE CREDITED INSTANTLY | -- | -- | 50 EUR or currency equivalent | AFN、ARS、AUD、AZN、BGN、BHD、BND、BRL、BYR、CAD、CHF、CLF、CNY、COP、CRC、CZK、DKK、EGP、EUR、GBP、GEL、HKD、HRK、HUF、IDR、INR、ISK、JPY、KRW、KWD、KZT、MDL、MXN、NIO、NOK、NZD、OMR、PEN、PHP、PLN、PYG、QAR、RON、RSD、RUB、SAR、SEK、SGD、THB、TRY、TWD、UAH、USD、UYU、VND、YER、ZAR

2026-01-19

X Change

TOPFX

Before: https://twitter.com/TopFX

After: --

2026-01-19

Email Change

TOPFX

Before: --

After: cs@topfx.com

2026-01-19

Phone Change

TOPFX

Before: --

After: 00248 4374705

2026-01-19

Broker Name Change

TOPFX

Before: TopFX

After: TOPFX

2025-04-14

New LEI

TOPFX LTD

After: LEI | TOPFX LTD | 549300QPSW261OOC0080 | Global Legal Entity Identifier Foundation

TOPFX

License Information

Cyprus CYSEC Market Making License (MM)

License Information

Cyprus CYSEC Market Making License (MM)

License

License

Brand Introduction

Company Profile

TopFX Information

Pros and Cons

Is TopFX Legit?

What Can I Trade on TopFX?

Account Type

TopFX Fees

Leverage

Trading Platform

Deposit and Withdrawal

Contact

Brand Introduction

Company Profile

TopFX Information

Pros and Cons

Is TopFX Legit?

What Can I Trade on TopFX?

Account Type

TopFX Fees

Leverage

Trading Platform

Deposit and Withdrawal

Contact

Change Records

Change Records

Data Source & Updates

Data Source & Updates