Topforex

( 1.8 )
15 reviews
Unregulated
This company operates illegally, without a proper regulatory license.
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Key Highlights Critical Insights
Pros|Cons Details FAQ Reviews Broker Profile
Pros
Interface in 6 languages.
Cons
No ECN accounts.
Legal entity registration not confirmed.
Liquidity providers not specified.
The company operates illegally without licenses.
Non-transparent CFD trading conditions.
No segregated accounts.

Company Background

The brokerage firm claims to be a legally operating British company with numerous awards. According to the site’s information, the platform has been operating since 2021 and is based in London. In addition, two photographs with biographies of managers are available in the About the Company section of the website. Although the company allegedly has a CySec license in Cyprus under number 138/11, it is not regulated in the UK.

This seems strange and raises questions about the safety of working with this broker. Therefore, we decided to investigate the broker’s trading conditions and the legal aspects of Topforex in our review.

Overview of Services and Trading Terms

Topforex encourages potential clients to start working with “a leading trading platform that will radically change your entire investment experience.” Here, you can trade CFDs on five markets, including indices and cryptocurrencies.

The company does not disclose the functionality of its proprietary platform and does not offer a demo account.

You can access more than 10,000 products and choose from 5 pricing options. Topforex requires you to make a minimum deposit of $250/$250K, promises spreads from 1 pip and trading commissions from 0 to $1. However, the firm does not disclose such important parameters as the number of currency pairs, leverage size, and other fees.

The company does not have segregated accounts for clients and does not offer ECN accounts.

Additionally, Topforex offers automatic CopyTrader functionality. However, positions worth less than $1 will not be opened. It should be noted that the interface is available in 6 languages.

Referral and Bonus Schemes

The affiliate program invites you to earn $50 if your friend makes 5 trades within 3 months of opening an account. In addition, if your referral makes trades worth $2,000 or more, you will earn $1,000, and they will receive a discount of up to 30% on commissions. Please note that you will receive your reward from Topforex 45 days after the trader you invited has paid all spreads and other fees.

As for promotions and bonuses, we did not find any such offers on top-forex.org. However, the broker offers cashback on its trading plans ranging from 20% to 60%, depending on the deposit amount.

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FAQ

Is there any income guarantee when trading with top-forex.org?

The company does not promise you any profits from trading. Moreover, the broker warns you about the high risks of losses in CFDs.

What sum is necessary to begin dealing with Topforex?

The minimum deposit amount, according to this broker's requirements, is $250. Please note that this amount is not our recommendation, as we took it from the basic tariff on the website.

What deposit and withdrawal methods are available?

The broker only mentions bank cards in its Terms. However, Topforex may offer you other payment methods. Be careful with cryptocurrency, as these transactions are not subject to chargebacks.

Is top-forex.org a legitimate website?

Most likely, the site operates illegally, and the brokerage activity is not regulated at all. There are no copies of company registration documents on the website.

Is it like roulette with no guarantee of earning money?

You should not trust this broker with your capital. The risk of loss is 100% when trading CFDs with an unregulated financial intermediary.
Michael Glaz - Author on scamroulette.com
Michael Glaz

Topforex is a fraud targeting beginners in investing. Any trader with even minimal experience will easily recognize the deception: the office address in the UK is fake; the platform has only been operating since February 2025, when the domain top-forex.org was created, and not since 2021, as stated on the website; there is no license in the FCA and CySec registries. Topforex thought that claiming extensive experience and a fake office in London, as well as imitating compliance with EU laws, was a good idea. In reality, it’s just a scam.

Overall Score

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1.8/5
OVERALL

Based on 15 votes

15 reviews about Topforex

  • Richard
    1 review
    26.09.2025 23:25
    I constantly make money on this site

    I regret not knowing about this broker earlier, I should have done so because I could have earned even more than the $4,340 I earned in the last 2 months!! I urge you not to repeat my mistakes and learn from them in order to make good progress in terms of personal finance. In addition, TOPFOREX will give you an excellent opportunity to earn money on global financial markets, ranging from currencies (classic Forex) to cryptocurrencies, which are completely innovative. However, I will not reveal the details of my earnings on top-forex.org, because the amounts there have several zeros. Guys, you don’t need to envy my success!! Better try to repeat my results by trading with TOPFOREX.

  • L.Saunders
    1 review
    22.09.2025 08:00
    And again, scammers

    How many times have I sworn that I would not get involved with such companies, but the thirst for profit still drew me forward because I wanted to make as much money as possible. It turned out that the stories told by TOPFOREX representatives about a convenient platform, no hidden fees, and other nonsense were fake. In fact, I lost my entire deposit completely, due to incorrect quotes on Forex! All $5,500 that I had invested on top-forex.org to trade on the global financial markets. Then the managers said that I needed to invest another $1,000 on top of that to get my lost money back. No, thank you, I already understood who I was dealing with, that they were scammers.

  • Del Hawkins
    1 review
    21.09.2025 14:32
    I wouldn't rush to rejoice in the profits

    I wouldn’t say that this broker is completely honest with its clients. A lot is kept quiet, and the broker is in no hurry to disclose the names of its owners, and the photos of the managers seem dubious to me, which, of course, is also alarming!

  • Jack Peterson
    1 review
    16.09.2025 07:40
    Fake brokerage project!!!

    This company specializes exclusively in embezzling other people’s capital. I lost about €330 trading stocks with Top-forex! I would like to note that it’s not my fault, the broker draws the charts itself!!! I don’t deny that I’m also an idiot for believing the crooks… However, it is quite difficult to identify such swindlers, who can sometimes be very convincing with their licenses and offices in Europe…

  • Osborn
    1 review
    14.09.2025 12:19
    IT'S A BANAL SCAM!!!!!

    The financial platform is simply unbearable, transactions don’t go through all day, and then the spreads increase so much that you can’t even earn enough for chips. I invested $600 here, and now my positions have been closed without warning. They said I didn’t have enough margin. Scammers!

  • J. Wright
    1 review
    12.09.2025 18:06
    The effectiveness of trades is zero

    I’m talking about copying the trades of other, more successful traders. Managers told me exciting stories about how the return on a single copy could reach 5-8% on this platform. However, for some reason, they are all unprofitable for me, no matter how hard I try to make a profit in time, but nothing works out, Topforex employees only help to constantly drain my balance. As a result, I lost £768 in a month.

  • Ivan Diaz
    1 review
    11.09.2025 16:39
    Complete disappointment and a waste of time

    At first, it seemed that TOPFOREX was a reliable broker, but as soon as it came to withdrawing funds, the problems began. My request to withdraw $270 was pending for over a month and then was rejected for a trumped-up reason. Although I tried many times to find out the details on top-forex.org, the support service ignored all my messages.

  • Mr. Lewis
    1 review
    07.09.2025 13:14
    I earned 2,300 here in a month!!!

    I’m talking about profits in pounds sterling. Some of you may want to ask me how I did it? And I will answer you that I was able to earn such money not on currency pairs, but on volatile cryptocurrencies. Since such trading pairs have long been popular and liquid, for example, BTC/USD, ETH/BTC. I should note that I trade with stop losses during the day, which is obviously a trend, so every day I close 5-6 orders with a profit. As for the speed of execution of these orders, Topforex processes them instantly, and I am pleasantly surprised! It is clear that these guys know their business very well!

  • Barbara
    1 review
    07.09.2025 10:44
    I realized that I was dealing with outright liars

    I tried to withdraw $960, but in the end, my request to withdraw funds to a Mastercard, which I specifically ordered to work with the broker topforex, was simply suspended in processing. They explained that there were problems with the server load. Okay, but it’s been three months now…

  • Catherine Baldwin
    1 review
    30.08.2025 21:16
    My positive review

    I am currently trading with the trend using a candlestick chart for the USD/CAD pair. I’m not saying that I have huge profits on top-forex.org, not at all. I’m just trying to earn a living so that later, in my old age, I won’t have to look for additional means of subsistence.
    That’s why I constantly trade on the financial market with this company. However, you shouldn’t think that it’s easy, but you can make money 🙂 if you become a pro at trading. Just don’t be greedy and try to lock in even small profits, even 0.5%, because if you invest a large amount in trading with Topforex, you will definitely get a lot of money!

  • Anna P.
    1 review
    14.08.2025 04:20
    The project seemed reliable to me, but it's trickery

    This is supposedly a leading Forex broker through which you can buy and sell financial assets. Meanwhile, I invested a decent amount of money, but I couldn’t withdraw it. They just give me empty promises.

  • M. Vega
    1 review
    13.08.2025 05:50
    This is a scam, not a brokerage company

    I looked for information about the British FCA license, which every reputable and trustworthy financial company based in the UK is required to have. However, I couldn’t find anything, even though I searched long and hard for this information. Then I decided to trade with TOPFOREX anyway, because I thought I would be successful and make a lot of money. I should note that I traded EUR/GBP, USD/CAD, and a number of other currency pairs. I don’t know how it happened that they bankrupted me during a flat market, because I closed the order, but it just wasn’t executed! However, all the complaints I made to the administration about this went unanswered. So I lost my entire deposit of $340… and that was the end of my trading on top-forex.org!

  • Andre Smith
    1 review
    02.08.2025 06:12
    Another scammer

    My novice trader friends thought the platform was great and lost a total of about $48K on it. It’s clear that Topforex won’t return their money because their managers have absolved themselves of responsibility for possible losses by users in their Terms of Use.

  • Sylvia
    1 review
    30.07.2025 05:23
    The Cypriot license has not been confirmed

    Promises to increase capital are just nonsense. The information is questionable, and there are no statistics. It looks more like a scam

  • Brenda Barnes
    1 review
    28.07.2025 08:38
    Trading conditions are not transparent

    As with many fraudulent brokers, all the important conditions are not met here. They promised a lot, but they didn’t even withdraw my remaining deposit of $148

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Broker Profile

Date of foundation
Since 2021
License
No
Demo account
No
Order Execution Model
DD
Minimum deposit
$250
Trading Platforms
Basic
Spread and Commission Structure
Tight spreads, Low commissions
Range of Instruments
Extensive range
Customer Support
Not disclosed
Regulatory Status
Not regulated
Account Types
Limited account types (only two or three options)

Why you can trust reviews about Topforex

  • Our report includes a comprehensive look at the company and information on its background.
  • We pay close attention to what people are saying about companies. Each comment is moderated and checked for spam.
  • We reject dishonest practices to create a favorable image. Paid reviews, boosted ratings, and comments from the same IP address are banned or marked in a special way.
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