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Toptrader
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Toptrader

🇨🇾
  • CFD
  • Broker
10-15 years
Website

Current Rating

2.71

Industry Tier

D

Profile

Toptrader is a contract for difference (CFD) broker founded on July 14, 2014, registered in Cyprus. The company primarily offers CFD trading services in forex, commodities, stocks, indices, ETFs, and bonds. Their headquarters are located in Limassol, Cyprus. Toptrader's official website is https://toptrader.eu, and the website supports English, Spanish, and Czech languages. Toptrader provides its services to residents of the European Economic Area (EEA), excluding Belgium, Switzerland, and Slovenia. They do not offer services in the United Kingdom or third-country territories, except for South Africa and Labuan.

Company Background and Regulatory Status:

Toptrader's registered entity is Goldenburg Group Limited, with a company registration address at 46 Ayiou Athanasiou Avenue, Interlink Hermes Plaza, Office 101, Ayios Athanasios, 4102 Limassol, Cyprus, and a company registration number of 328474. The company is authorized and supervised by the Cyprus Securities and Exchange Commission (CySEC) under license number 242/14. According to Whois data, their official website domain was registered on August 19, 2015.

Toptrader

Toptrader

Market Instruments:

Forex: Toptrader allows traders to participate in the global forex market, facilitating the exchange of different country currencies.

Index CFDs: Index CFDs measure the performance of a specific industry or a collection of stocks from globally recognized companies.

Stock CFDs: Stock CFDs enable investors to speculate on or hedge against price fluctuations in stock markets without owning the actual shares.

Commodity CFDs: Commodities are essential drivers of the global market and are highly volatile asset classes. Traders can use them to diversify their investment portfolios.

ETF CFDs: ETF CFDs allow investors to speculate on or hedge against price movements of Exchange-Traded Funds (ETFs) through contracts without physically owning or holding the ETF shares.

Bond CFDs: Bond CFDs enable investors to engage in trading based on fluctuations in bond market prices without owning the bonds themselves.

Account Types:

Toptrader offers three different types of trading accounts: Standard, Pro, and Vip. These accounts do not charge trading commissions except for ETFs, minor US stocks, and treasuries, where the commission is 0.02 per deal (per side), with a minimum commission of 20 USD for ETFs and minor US stocks and 5 USD for treasuries. All three account types have a minimum trade size of 0.01 lots, a margin call level of 100%, a stop-out level of 50%, and use market execution. Additionally, each account comes with a personal account manager.

Differences between the accounts include the following:

Standard Account: Minimum deposit of 1,000 EUR, spreads starting from 0.6 pips, maximum leverage of 1:30, no overnight interest.

Pro Account: Minimum deposit of 2,000 EUR, spreads starting from 0.4 pips, maximum leverage of 1:500, with overnight interest.

Vip Account: Minimum deposit of 10,000 EUR, spreads starting from 0.1 pips, maximum leverage of 1:500, with overnight interest.

Toptrader

Trading Platforms:

Toptrader provides the MT5 trading platform and a proprietary mobile application for users.

Toptrader

Toptrader

Deposits and Withdrawals:

Toptrader supports deposit methods such as Skrill, Trust Payments, and WIRE transfer. Specific withdrawal methods are not disclosed on their official website.

Customer Support:

Users can contact Toptrader via phone at 00357 25349815 or email at support@toptrader.eu.

Toptrader

Summary:

Currently, Toptrader is marked as "Operational" on Tradingcirclepedia.

User Reviews

2.71

Rated by 0 people

All Rating

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FAQ About Toptrader

01

What is Toptrader's official website?

A: Toptrader's official website is https://toptrader.eu

02

Is Toptrader a legitimate company, or is it a scam?

A: Toptrader is currently marked as Active on TraderKnows.

03

What is Toptrader?

A: Toptrader is a CFD, Broker company.

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