TopTradePro review – what kind of broker are they?
| General Information | |
|---|---|
| Broker Name: | TopTradePro |
| Broker Type: | Forex |
| Country: | Republic of the Marshall Islands |
| Operating Since (Year): | 2017 |
| Regulation: | - |
| Address: | Trust Company Complex, Ajeltake Road, Ajeltake Islands, MH 96960 Republic of the Marshall Islands |
| Broker status: | Not regulated |
| Customer Service | |
| Phone: | +442080894279 |
| Email: | [email protected] |
| Languages: | Italian, German, Spanish |
| Availability: | - |
| Trading | |
| Trading platforms: | MT4 |
| Demo account: | Yes |
| Mobile trading: | Yes |
| Web-based trading: | Yes |
| Bonuses: | Yes |
| Other trading instruments: | No |
| Account | |
| Minimum deposit ($): | $250 |
| Maximal leverage: | - |
| Spread: | - |
| Scalping allowed: | - |
TopTradePro is an online brokerage located in the Republic of the Marshall Islands. They are owned by Motion LTD – an online marketing agency headquartered in the UK. Their website seems to be built with an old theme, as their menu is not fully expandable and is limited to fundamental information. Though that is completely fine, we think it means that their work is outdated and they don’t have much to give to the modern traders.
According to their website, they are more than a trading system. They care for you and your Forex trades – interesting how it’s not profits, but trades. The next sentence has a grammatical error already, and that just shows how serious they are. If they were a fully foreign company, I would not consider this to be a big deal, but they are headquartered in the UK. So – their mother company does not care for them or does not even own the company.
Regulations and Licenses – TopTradePro.com
According to their site, their regulator is supposed to be MIFID. Rather than listing their own license number, though, they only explain what MIFID is. Though they might be trying to raise awareness, they need to list all of their information like real regulated brokers do. If not, we can safely assume toptraderpro.com is a scam.
On top of that, they list their terms, policies, and so on. They have KYC, which is basically proof of documentation for the sake of scamming. Once you have all of the required documents, you can send them to a bank and take money from someone’s account. Without any real regulations listed and KYC explained extensively, we can safely assume this is not a good broker. Though we always give the benefit of the doubt, our further research left us disappointed.
Account types – TopTradePro review
TopTradePro has a whopping amount of independent account types – 6, plus 2 more for Islamic and joint accounts. Their account types range from basic to black, with huge welcome bonuses. For people who deposit $100,000, they will receive 100% back in their account. It seems unrealistic and too good to be true.
The differences between the account are mild, but the deposits vary from the regular $250 to $100,000. For the black account, all you get for the deposited 100k is additional assets to trade, two expert sessions, and exclusive positions. Not worth the extra $99,750 if you ask a real trader. For that much money, you can go to an honest, professional broker and make profits. Rather than lose all of your money with the help of 2 experts.
TopTradePro Review – Scam all the way
Though it might come as a surprise, TopTradePro offers five different assets: Stocks, forex, forex, indices, and commodities. No, it’s not a typo, they list forex twice on their site, instead of saying cryptocurrency one. Not convinced they are scammers? Well, take a look.
So, now we know how professional they really are. TopTradePro can’t even take care of their own website – let alone actual investments and traders. We are not even going to discuss their assets – we already know it’s all a lie.
Conclusion – More like TopTradeScam
Though we got off to a good start with their website research, we found out soon enough that, in reality, they are quite bad brokers. They have scammed more people than they have talked to. They do not offer any advantages to their traders; they simply provide the most basic copy-pasted content on their website, which we can tell is full of lies.
They can’t even fix their website for one of the most important pages – assets. How can you trust someone with your money when they can’t even take care of their own work? We advise you never to work with them; they are apparent scammers and need to be exposed by honest people like you and us.
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Support
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Platform
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Spread
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Trading Instrument
Expensive
With this broker, trading is very expensive. I have tried their services in the past they told me a low initial deposit which I thought was enough to trade but no. When I started trading they asked me to add up because the minimum deposit ain’t enough to trade.
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Dishonest broker
It is a NO for this broker company. They are dishonest and not worth my trust.
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Poor customer service
Poor customer service. I am not happy with any of their services.
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Unresponsive on withdrawals
Not a good broker. Unresponsive and great delays in withdrawals. Customer service also has great delays in responding to emails, chats, and even on the phone.
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Bad broker
I got good profit at first and so I continue to trade along. They ask to invest more and since I am seeing the good result I did agree. But much to my surprise I lost all my money in an instant. They are great deceivers.
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Worst broker support
Worst broker support. They are very rude and unprofessional. Make sure not to deal with them.
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Poor trading services
Completely a waste of money and time. I have traded with them and got nothing but losses didn’t even recall getting good service.
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Not a good broker
Tired of the runarounds on my missing withdrawals. Not a good broker.
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Poor services
Poor trading tools and services. Do not trade with them.
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Poor withdrawals
Make sure not to deal with this broker service. I have traded with them and had given me so much headache getting my profit.
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Do not deal
This company stole our money, do not deal with them.
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Not recommended
Not recommended. There are so many bad reasons to change them, got so many losses.
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Unhappy with services
I am not happy with the services and with the profit either.
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Bad broker
I got good profit at first and so I continue to trade along.They ask to invest for more and since I am seeing good result I did agree. But much to my suprise I lost all my money in an instant.Thet are great decievers.
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Bad guys
Bad guys. Do not trust them
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