TopFX
Your Gateway to Global Trading
Trade Forex, Stocks, Indices and Commodities with competitive spreads
Key Broker Details
Quick Facts
Regulation
CySEC (Cyprus), FSA (Seychelles)
Country
Cyprus (Headquarters in Limassol)
Min. Deposit
$50.00
Spreads
From 0.0 pips (RAW account); average 0.5 pips on majors like EUR/USD (ZERO account)
Pros
What we like
- Spreads from 0.0 pips (RAW) with low €5.50 commission.
- Leverage up to 1:1000 on forex & CFDs.
- Instant, fee-free deposits and withdrawals.
- Regulated by CySEC & FSA with fund protection.
- Supports MT4 & cTrader with copy trading.
- 24/7 multilingual customer support.
Cons
Areas for improvement
- Limited education; lacks webinars or beginner guides.
- No MT5 support.
- Base currencies only USD, EUR, GBP.
- €5 monthly fee after 90 days inactivity.
- Not available in USA, Japan, or North Korea.
Broker Summary
TopFX is a trusted CFD broker since 2010, offering 600+ instruments including forex, indices, shares, metals, energies, ETFs, and cryptos. Enjoy ultra-tight spreads from 0.0 pips, fast execution under 25ms, and flexible leverage up to 1:1000 on global entities. Ideal for day traders seeking NDD execution on MT4 and cTrader platforms. Regulated by CySEC for EU clients with investor protection up to €20,000.
Trading Platforms
Mobile Trading
✓ Yes (MT4 & cTrader apps for iOS/Android with full charting and order management)
Web Trader
✓ Yes (built-in web versions of MT4 and cTrader for browser access)
Safety & Regulation
Capitalization
Privately held; strong liquidity from 15+ years as prime provider (no public figures disclosed)
Insurance
Up to €20,000 per client via CySEC Investor Compensation Fund (ICF)
Licenses
CySEC License 138/11; FSA Securities Dealer SD037
Jurisdictions
Cyprus (EU), Seychelles (Global)
Trading Tools
Social Trading
Econ Calendar
Account Managers
Payments
Instant for cards/e-wallets; no broker fees (third-party may apply)
TopFX Overview
Comprehensive broker information and trading capabilities
Languages & Region
English, Spanish, Arabic, Chinese, French, German, Italian, Portuguese, Russian (24/7 support)
Cyprus (Headquarters in Limassol)
Pricing & Fees
Low overall; RAW: 0.0 pips + €5.50 commission/lot; ZERO: 0.5 pips spread-only; no swaps on Islamic accounts
Deposit Methods
💳 Credit/Debit Cards (Visa & Mastercard) | 🏦 Bank Wire | 💸 e-Wallets (Skrill, Neteller, PayPal) | 🪙 Crypto (BTC, ETH, USDT) | 🌍 Local Options (PIX, M-Pesa, FasaPay)
Withdrawal Methods
Same as deposits; minimum €100, processed in 1 business day (up to 5 for wires)
Trading Platforms
MetaTrader 4, WebTrader
Leverage
Up to 1:30
Account Types
Islamic Account, ECN Accounts, Classic Account, Raw Account
Customer Support
24/7 via live chat (response <1 min), email, phone (+357 25 268 800); multilingual team
Fund Security
VPS Hosting
TopFX Insights & Features
Discover what makes TopFX stand out with comprehensive tools and resources
News & Analysis
Market insights and analysis
In-house daily/weekly outlooks; integrated Reuters feeds on platforms
Top Feature
Standout platform feature
Ultra-Fast Execution (<25ms) with Deep Liquidity for Slippage-Free Trading
Research Tools
Advanced research capabilities
Autochartist, Trading Central integration; Daily Market Digest emails
Educational Resources
Learning materials and courses
Basic tutorials, guides, and video library; lacks advanced courses or webinars
TopFX Account Structure
Compare account types and features
TopFX Account Types
| Feature | ZERO Account (Commission-Free) | RAW Account (Commission-Based) | VIP/PRO Account (High-Volume Tier) |
|---|---|---|---|
| Best For | Beginners, low-volume, swing/position traders | Scalpers, HFT, EAs, day traders | Institutional, high-net-worth, ultra-high volume |
| Minimum Deposit | €50 (or equivalent; none on some cTrader setups) | €50-€5,000 (varies by entity/source; e.g., €5,000 in some reviews) | €10,000+ (negotiable; not always listed) |
| Spreads (EUR/USD Avg) | From 0.5 pips (majors); variable, no raw access | From 0.0 pips (interbank raw) | From 0.0 pips (tighter than RAW) |
| Commission | None (costs in spread) | €2.75/side (€5.50/round turn per lot) | Lower/negotiable (e.g., €2/side or rebates) |
| Leverage (Max) | 1:30 (CySEC retail); 1:1000 (Seychelles/BVI/pro) | Same as ZERO | Same, plus potential custom limits |
| Execution Type | NDD/STP (no dealing desk) | ECN/raw market access (deeper liquidity) | Enhanced ECN (priority routing) |
| Platforms | MT4, cTrader (desktop, mobile, web) | MT4, cTrader (with FIX API for pros) | Same + custom tools (e.g., MAM/PAMM) |
| Min Lot Size | 0.01 (micro lots supported) | 0.01 | 0.01 (larger scales encouraged) |
| Islamic Option | Yes (swap-free; apply with proof) | Yes | Yes |
| Unique Features | Simple pricing; no surprises for casual trades | Copy trading via cTrader; low slippage | Dedicated manager, free VPS, custom analytics, rebates |
| Pros | Predictable costs; beginner-friendly; no extra fees | Cost-effective for volume (>5 lots/month); tight spreads | Personalized service; optimized for large trades |
| Cons | Higher overall costs for frequent trades | Commission adds complexity; min deposit higher in some cases | High entry barrier; not for retail starters |
| Total Cost Example (1 Lot EUR/USD) | ~€5-€7 (spread-embedded) | ~€3-€5 (spread + commission) | ~€2-€4 (optimized) |
| Retail vs Pro Differences | Retail: Full assessments/disclosures; Pro: Assumed expertise, higher leverage | Same; Pro may get API access | Often pro-only; waived assessments |
| Funding/Withdrawals | Instant deposits (cards/e-wallets); 1-day processing; no fees | Same | Priority processing; higher limits |
Trading Features & Conditions
Explore TopFX's comprehensive trading ecosystem
Max Leverage
1:500
Risk Management
Margin call & stop-out protection, negative balance protection, trailing stops, pending orders
Special Conditions
Swap-free (Islamic) account available; low minimum deposit; tight spreads
Frequently Asked Questions
No FAQs available for this broker.
