TopFX Review 2026

Item: TopFX
Rating: 6.31
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: June 06, 2026

Top Brokers Overview — United States

Visit the site anyway

Min. deposit $50
Fees 8 /10
Account types 3.6 /10
Regulation 9.3 /10

6.3 /10

Moderate risk

TopFX User Reviews 4.6
Commissions and Fees 8.0
Regulation and Safety 9.3
Account Types 3.6
Deposit and Withdrawal 8.4
Markets and Tradable Assets 8.0
Trading Account Opening 8.0
Customer Support 3.5

TopFX Pros & Cons

low entry threshold, popular trading platforms, no restrictions on strategies and styles;
several hundred CFDs on the most popular asset groups, moderate leverage, tight spreads;
trade commissions are lower than market average, no deposit or withdrawal fees, transparent broker policy;
low minimum deposit, instant admission, and withdrawals for most methods take no more than 1 day;
convenient division of accounts into two types, also traders can trade on a demo account;
the CFD broker uses an LD5 data processing center, which provides high-speed performance on the 3Ms level;
support service is represented by all communication options and is available 24/7.

TopFX is a CFD broker, which means that traders can trade only contracts for differences, not assets;
the company does not offer investment opportunities; there is not even a standard referral program with bonuses for referred clients.

TU Expert Verdict

TopFX demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

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TopFX User Reviews

Score:

4.6 /10

7 total

5-star

0%
4-star

0%
3-star

57%
2-star

14%
1-star

29%

At first, I was put off by the fact that the company offered no investment solutions - no copy-trading, no staking, not even a banal referral program with bonuses for attracted customers. These days, that's odd to say the least, given that such options have become virtually standard at many brokers. But I decided to dig anyway, and the terms turned out to be quite decent. Several hundred CFDs on the most popular asset classes, moderate leverage and narrow spreads - in general, the whole package is quite workable for independent active trading. So, if you're looking for passive income or a bonus system, move on. But if you need a normal trading platform with clear terms and conditions, then consider it.

Au début, j'ai été rebuté par le fait que la société ne propose aucune solution d'investissement - ni copy-trading, ni staking, ni même un banal programme de parrainage avec des bonus pour les clients attirés. De nos jours, c'est pour le moins étrange, compte tenu du fait que de telles options sont devenues pratiquement la norme chez de nombreux courtiers.
Mais j'ai quand même décidé de creuser, et les conditions se sont avérées tout à fait décentes. Plusieurs centaines de CFD sur les classes d'actifs les plus populaires, un effet de levier modéré et des spreads étroits - en général, l'ensemble est tout à fait exploitable pour un trading actif indépendant. Donc, si vous êtes à la recherche de revenus passifs ou d'un système de bonus, passez votre chemin. Mais si vous avez besoin d'une plateforme de trading normale avec des conditions claires, alors vous pouvez l'envisager.

TopFX's main advantages include a low entry threshold, support for popular trading platforms such as MetaTrader and cTrader, and no restrictions on trading strategies and styles - giving traders complete freedom in choosing their approach. However, there's one important thing to bear in mind: TopFX is a CFD-only broker, which means it can only trade CFDs, with no access to real assets. This can be a limiting factor for some, particularly if long-term investment in "real" assets is a priority.

Parmi les principaux avantages de TopFX, citons un seuil d'entrée bas, le support de plateformes de trading populaires telles que MetaTrader et cTrader, et l'absence de restrictions sur les stratégies et les styles de trading - ce qui donne aux traders une liberté totale dans le choix de leur approche.
Cependant, il y a une chose importante à prendre en compte : TopFX est un courtier CFD uniquement, ce qui signifie qu'il ne peut négocier que des CFD, sans avoir accès à des actifs réels. Cela peut être un facteur limitant pour certains, en particulier si les investissements à long terme dans des actifs « réels » sont une priorité.

TopFX has several strong points that are sure to attract a trader's attention. Firstly, transaction fees are lower than the market average, which is immediately noticeable from a distance, especially when trading actively. Secondly, depositing and withdrawing funds is commission-free, which is also pleasant and avoids unnecessary expenses. What's more, the broker has a transparent policy - conditions are clearly spelled out, there are no hidden points or surprises. But it's not without its disappointments. TopFX supports only two platforms: cTrader and MetaTrader 4. If, like me, you're used to working on MT5, this choice may be a little disappointing. This is a pity, as the modern public increasingly prefers MT5 for its advanced features. I hope that in the future, the broker will expand its range of platforms to cover more traders with different preferences.

TopFX a plusieurs points forts qui peuvent certainement attirer l'attention d'un trader. Tout d'abord, les frais de transaction sont inférieurs à la moyenne du marché, ce qui se ressent immédiatement à distance, en particulier lors d'un trading actif. Deuxièmement, le dépôt et le retrait de fonds s'effectuent sans commission, ce qui est également agréable et évite les dépenses inutiles. De plus, le courtier a une politique transparente - les conditions sont clairement énoncées, il n'y a pas de points cachés ou de surprises.
Mais ce n'est pas sans déceptions. TopFX ne supporte que deux plateformes : cTrader et MetaTrader 4. Si, comme moi, vous avez l'habitude de travailler sur MT5, ce choix peut être un peu décevant. C'est dommage, car le public moderne préfère de plus en plus souvent MT5 pour ses fonctionnalités avancées. J'espère qu'à l'avenir, le courtier élargira sa gamme de plateformes pour couvrir davantage de traders ayant des préférences différentes.

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Commissions and Fees

Score:

8 /10

The trading and non-trading commissions of TopFX have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

Low Forex trading fees
Tight EUR/USD market spread
No inactivity fee
No deposit fee
No withdrawal fee

Complex fee structure

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of TopFX with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, TopFX’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

TopFX Standard spreads
	TopFX	OANDA	FOREX.com
EUR/USD min, pips	0.5	0.1	0.7
EUR/USD max, pips	0.7	0.5	1.2
GPB/USD min, pips	0.6	0.1	0.9
GPB/USD max, pips	1.1	0.5	1.4

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

TopFX RAW/ECN spreads
	TopFX	OANDA	FOREX.com
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	5.5	3.5	5
EUR/USD avg spread	0.0	0.15	0.2
GBP/USD avg spread	0.0	0.2	0.4

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with TopFX. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

TopFX Non-Trading Fees
	OANDA	FOREX.com
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0-15	0
Inactivity fee ($, per month)	0	15

Is TopFX Safe?

Score:

9.3 /10

TopFX has a safety score of 9.3/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Negative balance protection
Track record over 16 years

Strict requirements and extensive documentation to open an account

TopFX Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
BVI FSC	Full Name British Virgin Islands Financial Services Commission	Country of regulation British Virgin Islands	Investor Protection Fund No specific fund	Regulation Level Tier-2
CySec	Full Name Cyprus Securities and Exchange Commission	Country of regulation Cyprus	Investor Protection Fund Up to €20,000	Regulation Level Tier-1

TopFX Security Factors
Foundation date	2010
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

3.6 /10

TopFX offers the following account options: ZERO, PRO, GROWTH.

However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

Standard account with balanced trading conditions
Demo account
Low minimum deposit

No VIP account option
No Cent account

TopFX account types vs top competitors
	TopFX	Trading.com	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	No	No
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	No	No	Yes
VIP	No	No	No
Managed	No	No	No

TopFX accounts trading conditions

The account type is the key. With a demo account, everything is clear: the trader trades with virtual funds on real market indicators to practice and refine their strategy. Live accounts are represented by ZERO, PRO, GROWTH types. The ZERO Account one has a lower spread, but there is a trading commission. The Pro account has a higher spread, but no commission. The spread is floating, and the commission is fixed. All assets are available on both accounts, and the maximum leverage is the same. The stop-out and other indicators are also the same. Therefore, it cannot be said that one account is better than the other, everything depends on the trader’s preferences and preferred trading style.

Account types:

Account Type	Description
ZERO	The ZERO account is built for traders who prioritize ultra-tight spreads and precise pricing. Spreads start from near zero, with trading costs charged via a fixed commission per lot (Client commission: $5.5 per lot (Forex) / $12 per lot (XAUUSD)). This account type is ideal for professional traders, scalpers, and users of automated strategies who require institutional-level execution and minimal spread impact.
PRO	The PRO account provides a commission-free trading environment. Spreads are competitive and slightly wider than on the ZERO account, making this option suitable for active traders who prefer transparent pricing without separate commission calculations.
GROWTH	The GROWTH account is designed with simplicity in mind. It features all-inclusive pricing with no commissions and wider spreads, offering an easy and straightforward trading experience. This account is well suited for beginner traders or those who favor predictable trading costs and a less complex fee structure.

To open a live account, the trader needs to register, verify their identity, and make a deposit. Verification and deposit are not required to trade on a demo account. Traders can work on a demo account while managers verify the new user's personal information.

Deposit and Withdrawal

Score:

8.4 /10

TopFX received a High score for the efficiency and convenience of its deposit and withdrawal processes.

TopFX excels by providing a broad selection of payment methods, ensuring minimal costs and a seamless experience for users seeking efficient fund management.

No withdrawal fee
Wide variety of deposit and withdrawal options, reducing costs
Supports 5+ base account currencies
Minimum deposit below industry average

Wise not supported
USDT payments not accepted
BTC not available as a base account currency

What are TopFX deposit and withdrawal options?

TopFX stands out with an excellent selection of deposit and withdrawal methods, a variety of base currencies, and zero broker fees, making it an excellent choice for traders seeking low costs and maximum flexibility. Available methods include Bank Card, Bank Wire, PayPal, Skrill, Neteller.

TopFX Deposit and Withdrawal Methods vs Competitors
	TopFX	Trading.com	Plus500
Bank Wire	Yes	Yes	Yes
Bank card	Yes	Yes	Yes
PayPal	Yes	No	Yes
Wise	No	No	No
BTC	No	No	No

What are TopFX base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. TopFX supports the following base account currencies: USD, EUR, GBP, JPY, AUD, CAD, CHF, ZAR, NZD, INR, HKD, THB, TWD, NOK, SEK, NIS, MXN, SGD, CZK, DKK, HUF, PHP, PLN, RUB, EEK, ISK, UAH, KRW, EGP, KZT, RON, COP, BGN, BRL, ARS, AED.

What are TopFX's minimum deposit and withdrawal amounts?

The minimum deposit on TopFX is $50, while the minimum withdrawal amount is $100. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact TopFX’s support team.

Markets and Tradable Assets

Score:

8 /10

TopFX provides a standard range of trading assets in line with the market average. The platform includes 600 assets in total and 60 Forex currency pairs.

ETFs investing
Indices trading
600 assets for trading

Bonds not available
Futures not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by TopFX with its competitors, making it easier for you to find the perfect fit.

	TopFX	Trading.com	Plus500
Currency pairs	60	69	60
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.	600	69	2800
Stocks	Yes	No	Yes
Commodity futures	Yes	No	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	No	No	Yes
Stock indices	Yes	No	Yes
Options	No	No	Yes

Investment options

We also explored the trading assets and products TopFX offers for beginner traders and investors who prefer not to engage in active trading.

	TopFX	Trading.com	Plus500
Bonds	No	No	No
ETFs	Yes	No	Yes
Copy trading	Yes	No	No
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

8 /10

We successfully registered an account with TopFX in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at TopFX is $50.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Fully online account opening process
Low minimum deposit requirement

Account approval may require extra time depending on the documentation.
Registration process may take longer than expected

TopFX account opening
	TopFX	Trading.com	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$50	$50	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	20	20	5
KYC time (days)	2	2	3

Is TopFX available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

To start cooperating with the CFD broker TopFX, you need to register on its official website, go through verification, select an account type, and make a deposit. Usually, this process is not difficult, but Traders Union has prepared this step-by-step algorithm to eliminate any questions for new users.

Go to the broker’s website. Make sure that the “Personal” type of offering is selected in the top menu (the “Institutional” designation is intended for legal entities). In the same menu on the right, select the interface language. Then click on “Open a Live Account” (in the menu or advertising block).
Choose your preferred language and enter your first and last names. Enter your email, country of your residency, and phone number. Then select the trading platform you will be working with and the account type. Agree to the “Newsletters and special offers" subscription by ticking the box (it’s not mandatory). Click on the Create Account button.
You have entered the user account, but you cannot deposit and start trading yet. You need to get verified by confirming your personal information. But first, open your email (you will receive 2 emails). The first email will contain your login and password, and the second one will contain a link to download the selected trading platform.
Go back to your user account. Open the “Personal data” in the left menu. You will see a feature for uploading scans/photos that verify your identity. Read the recommendations, upload the files, and wait for the specialists to review them. The verification status will be displayed at the bottom of the page.
Go to “Trading accounts” and click on “Open a Live Account”. Enter your personal information such as date of birth, ID/Passport number, address, etc. Answer all the questions. Agree to the terms of service by checking the boxes at the bottom. Click “Accept”.
After you open a live account, click on the Deposit button located in the upper right corner. You can also go to the “Trading accounts” menu and click on Deposit Funds. Both buttons initiate the process of adding money to your account balance. Follow the on-screen instructions. Once funds have been credited to your account balance, you will have full access to the platform’s features and will be able to trade through the selected platform.

Your TopFX user account also provides access to:

Trading accounts. In this menu, the trader can open a live account, make deposits, withdraw funds, and make an internal transfer. When selecting an open account, detailed data about it is displayed.
Personal data. Here traders can upload documents for verification, and if necessary, they can be replaced with others (by notifying the broker of the reason for the correction).
Downloads. In this menu, you can download the installation files for cTrader and MetaTrader 4 – desktop and mobile versions.
Legal documents. Redirects the trader to the corresponding submenu of the “Personal data” menu. Here, the terms of service and platform rules are posted.
Deposit, withdraw, transfer. Three separate buttons in the main block allow you to quickly access the required feature. Each function is accompanied by detailed instructions.
Transaction history. This block includes all information on deposits, withdrawals, and internal transfers. The transaction time and status of each transaction are specified (the full archive is saved).

Customer Support

Score:

3.5 /10

The broker’s customer support shows noticeable weaknesses in responsiveness or communication quality. Delays in replies are common, and resolution may require repeated contact.

In TU testing, response speed was below expectations, and assistance was limited in depth. Traders who rely heavily on support may experience inconvenience.

Information

Technical support is essential for every broker. Regardless of the intuitiveness of the website interface and the quality of the FAQs, all traders sooner or later face situations that they cannot resolve on their own. In this case, they turn to platform managers. If the manager is incompetent, slow to respond, or works limited hours, the trader may become disappointed with the broker and switch to a competitor. Understanding this, TopFX provides its clients with 24/7 top-level technical support, which is available by phone, email, and live chat. It is also possible to create a ticket on the website (the response will be sent by email).

Even if you are not registered it is possible to contact technical support for assistance
Technical support works 24/7
The broker offers all the main options for communicating with support

During peak hours, the call center may sometimes be overloaded

If you are already working with TopFX or are considering becoming a client of this CFD broker, you can use the following communication channels to resolve issues:

call center;
email;
LiveChat on the website in the user account;
tickets in the “Contacts” section.

The broker has official Facebook and Instagram pages. It makes sense to subscribe to them, as the company publishes up-to-date information about its work there.

Contacts
Foundation date	2010
Registration address	3rd Floor, Stratigou Gianni Timagia 19, Limassol, 3107, Cyprus
Regulation	CySEC, FSC (BVI) Licence number: 138\|11, SIBA/L/23/1161
Official site	https://topfx.com/
Contacts	support@topfx.com +357 25352244

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FAQs

What regulatory licenses and safety measures does TopFX have in place for client protection?

TopFX has a safety score of 9.3/10, which is assessed as a high security level in the review. It is regulated by CySEC in Cyprus (Tier-1, with an investor protection fund up to €20,000) and by the BVI FSC (Tier-2, with no specific investor protection fund mentioned), and it also applies negative balance protection and KYC verification procedures.

What types of trading accounts does TopFX offer and how do their conditions differ?

TopFX offers ZERO, PRO, and GROWTH live accounts, plus a demo account, but does not provide Cent, Micro, Swap Free, VIP, or managed accounts. The ZERO account has very tight spreads with a fixed commission per lot, the PRO account has slightly wider spreads with no commission, and the GROWTH account uses wider all-inclusive spreads with no commissions, while key parameters like maximum leverage and stop-out levels are stated as the same across live accounts.

What do user reviews and feedback say about overall satisfaction with TopFX?

TopFX has a user satisfaction score of 4.6/10 based on 7 reviews, with 57% of ratings at 3 stars, 14% at 2 stars, and 29% at 1 star, and no 4- or 5-star ratings. According to user reviews, the overall tone is mostly negative.

Which markets and tradable assets are available with TopFX, and what do user comments highlight about its offering?

TopFX provides access to 600 tradable assets, including 60 Forex currency pairs, stocks, commodity futures, and stock indices, but does not offer cryptocurrencies, bonds, or options. The broker also supports ETFs and copy trading, while PAMM and managed accounts are not available, and the section does not include specific user comments about these offerings.

How is TopFX customer support structured and what kind of feedback does it receive in testing?

TopFX customer support operates 24/7 and can be reached via phone, email, live chat, website tickets, and social media, and it is available even to unregistered users. However, the support section gives a safety score of 3.5/10, noting delays in responses, limited depth of assistance, and possible call center overload during peak hours, which may cause inconvenience for users who rely heavily on support.