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TOPONE Markets -

Score

2.24 /10
Danger

TOPONE Markets

Cayman Islands

5-10 years

Regulated in Australia

Appointed Representative(AR)

MT5 Full License

High potential risk

http://www.top1markets.com

Influence

C

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Comparison

Quantity 7

Exposure

Time Machine
Website

Score

Regulatory Index3.51

Business Index7.14

Risk Management Index0.00

Software Index8.75

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

MY SCM
2021-01-01
INVESTOR ALERT LIST
TOPONE Markets

Broker Information

More

Company Name

TOP 1 MARKETS PTY LTD

Company Abbreviation

TOPONE Markets

Platform registered country and region

Cayman Islands

Company website

X

Facebook

Instagram

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2025-04-30
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!

A Visit to TOP1 Markets in Australia – No Office Found

The survey team went to Australia to visit broker TOP1 Markets as scheduled, but didn’t find the company at its regulatory address. This denotes that the broker doesn’t have a physical business office at the place. Accordingly, investors are advised to make an informed decision following much deliberation.

Danger Australia

WikiFX Verification

Exposure

7 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Unable to withdraw money

Unable to withdraw funds from the account.

FX5567309612
2024-03-29 00:51
Unable to Withdraw

Fraud platform

Unable to withdraw. Forced liquidation. Its score on the appstore was fake and continued to cheat more users.

GONGSHANGJIAOZHENGYU
2021-09-07 20:38
Resolved

Withdrawal issues

Deposits are fast, but withdrawals require waiting. The advisory system is quite poor. Low quality... Please be aware before putting your hard-earned money here.

F4514
2023-12-28 11:28
Unable to Withdraw

Unable to withdraw

This fraud platform induce to buy XAU and Forex via other dating platform. After making profit, it is required to pay eighty thousands income tax. Withdrawal will be denied by various reasons, leading 180000 of my principle cannot be withdrawn.

FX2312174848
2022-05-20 18:04
Data Source WikiFX Data provide
Updated: 2025-04-30
TOPONE Markets · Company summary
TOP1 Markets Review Summary
Founded2019-01-15
Registered Country/RegionCayman Islands
RegulationRegulated
Market InstrumentsForex/Commodity/Index/Stock/Crypto
Demo Account✅
LeverageUp to 1:1000
SpreadVery Low
Trading PlatformTOPONE Markets: Mobile(iOS/Android)MT5: Mobile(iOS/Android)/Tablet/PC(Mac OS/Windows)Web Trader: Web
Min Deposit20 USD
Customer Support(24/7)Phone number: +61 2 61720053
E-mail: cs@top1markets.com
Facebook/Instagram/Twitter/LinkedIn

TOP1 Markets Information

TOP1 Markets is a CFD broker that specializes in CFD trading services in forex, commodities, indexes, equities, and cryptocurrencies. The broker also provides four accounts with a maximum leverage of 1:1000. The minimum deposit is 20 USD. Traders can trade using MT5 through TOP1 Markets and experience 24/7 customer support. However, some people have voiced that it has withdrawal issues.

TOP1 Markets Information

Pros and Cons

Pros Cons
Demo account availableNegative comments about difficulty in withdrawal
24/7 customer supportHigh max leverage
RegulatedNo specific transfer method
MT5 availableUnspecific transfer time and fee information
Various tradable instruments
Commission free

Is TOP1 Markets Legit?

TOP1 Markets is regulated by ASIC under license No.001309512 and License Type Appointed Representative(AR), making it safer than unregulated. It also claims to be regulated by the VFSC, but no regulatory information for this broker can be found on this regulator.

Is TOP1 Markets Legit?
Is TOP1 Markets Legit?
Is TOP1 Markets Legit?

What Can I Trade on TOP1 Markets?

TOP1 Markets offers various market instruments, including forex, commodity, index, stock, crypto, and more.

Tradable Instruments Supported
Forex✔
Commodity✔
Stock✔
Crypto✔
Index✔
What Can I Trade on TOP1 Markets?

Account Type

TOP1 Markets has four account types: ECN, Cent, Premium Leverage, and Standard. Traders who want very low spreads can choose an ECN account. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus). Muslims are allowed to open Islamic accounts without swaps.

Account Type ECNCentPremium LeverageStandard
Maximum Leverage1:5001:5001:10001:500
Minimum Deposit(USD)20202020
Average SpreadVery LowLowMediumLow
Handling FeesNoneNoneNoneNone
Overnight SwapPay&ClloectPay&ClloectPay&ClloectPay&Clloect
Swap Free(Islamic client)✔✔❌✔

TOP1 Markets Fees

TOP1 Markets is a commission-free trading platform that charges extremely low spreads as trading fees. The investor may need to pay additional fees, such as overnight interest: Overnight Interest = Settlement Price × Contract Size × Lot Size (Long / Short) × Days × Overnight Interest Rate (Long / Short) ÷ 360.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

Traders can conduct financial activities in MT5 available on mobile, tablet, and PC. Traders with rich experience are more suitable for using MT5. TOP1 Markets also provides a propriety and Web trader trading platform.

Trading PlatformSupported Available Devices Suitable for
TOPONE Markets✔Mobile(iOS/Android)All traders
MT5✔Mobile(iOS/Android)/Tablet/PC(Mac OS/Windows)Experienced traders
Web Trader✔WebAll traders
Trading Platform

Deposit and Withdrawal

The first deposit amount must be 20 USD or above. TOP1 Markets accepts online banking transfers, Mastercard, mobile banking transfers, and cryptocurrency payments for deposits.

Under normal circumstances, we do not charge any withdrawal fees to investors. When the minimum limit amount ($20) and number of withdrawals (3 times) are violated, a $3 administrative fee will be charged for each withdrawal that exceeds the free withdrawal limit; When 50% (cumulative) of the investor's deposit amount has not been used to open a position or the deposit is not made by the investor himself, an administrative fee of up to 7% will be charged.

News

ReviewTrump opens a new front in the global trade war, gold hits a new high aiming for the 3000 mark!

Hot spot trackingIf the EU does not abolish the spirits tax, it plans to impose a 200% retaliatory tariff on wine and champagne. This news is bearish for the euro.The U.S. PPI monthly rate for Februar

WikiFX
2025-03-14 11:30
Trump opens a new front in the global trade war, gold hits a new high aiming for the 3000 mark!

ReviewU. S. consumer inflation cooled in February, the Federal Reserve interest rate cut expected not incr

Hot spot trackingThe US consumer price index for February came in below expectations across the board, with swap markets cutting their bets on the Fed cutting interest rates this year from 73 basis po

WikiFX
2025-03-13 09:25
U. S. consumer inflation cooled in February, the Federal Reserve interest rate cut expected not incr

ReviewTrump says no recession in us-canada Trade War!

Hot spot trackingtrade policy-trump threatens 50% tariffs on all steel and aluminum imports from Canada, destroying the Canadian auto industry. Ontario suspends 25% surcharge on electricity White Hous

WikiFX
2025-03-12 11:07
Trump says no recession in us-canada Trade War!

ReviewADP pulled off quite a coup, gold on a roller coaster!

Hot spot trackingTrump said in Congress that reciprocal tariffs will go into effect on April 2; Ukraine is ready to sign a minerals agreement and Zelensky is ready to return to the Russian-Ukrainian n

WikiFX
2025-03-06 11:40
ADP pulled off quite a coup, gold on a roller coaster!

ReviewU.S. Stocks, Currencies Plunge Again as Gold Closes in on 2,900 Mark as Trump Says: 25% Tariff Hike

Hot spot trackingTrump said that reciprocal tariffs will go into effect on April 2, while the 25% tariffs on Canada and Mexico will go into effect on March 4, and that there is no room for negotiation

WikiFX
2025-03-04 11:41
U.S. Stocks, Currencies Plunge Again as Gold Closes in on 2,900 Mark as Trump Says: 25% Tariff Hike

ReviewZelensky's U.S. trip GONE WRONG! As gold posted its worst weekly performance in three months!

Hot spot tracking U.S. Secretary of Commerce: March 4 will impose tariffs on Canada and Mexico, the level of tariffs to be decided by Trump. This news is negative for the dollar. Fed's Hammack

WikiFX
2025-03-03 11:44
Zelensky's U.S. trip GONE WRONG! As gold posted its worst weekly performance in three months!

ReviewUS dollar rallied, gold fell to a new two-week low, and U.S. stocks market “Collapsed”!

Hot spot trackingTrump confirmed that the tariffs on Mexico and Canada will be implemented on March 4th, and said that the reciprocal tariffs will be implemented on April 2nd. Canadas prime minister r

WikiFX
2025-02-28 11:50
US dollar rallied, gold fell to a new two-week low, and U.S. stocks market “Collapsed”!

ReviewGold is on a roller coaster, and Fidelity's financial report exceeds expectations again!

Hot spot tracking Trump said he expects to soon impose a 25% tariff on the European Union, covering automobiles and other goods; the European Union said it would respond immediately and firmly to t

WikiFX
2025-02-27 11:17
Gold is on a roller coaster, and Fidelity's financial report exceeds expectations again!
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User Reviews

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User comment

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Comments

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FX1013773968
more than one year
Este top1markets es completamente una empresa de estafa de pies a cabeza. Cuando me comuniqué con su servicio de atención al cliente al principio, expresé que no estaba muy dispuesto a operar con ellos, porque hay muy pocos métodos de depósito y retiro, lo cual no es muy conveniente. Pero su personal me prometió repetidamente que los depósitos y retiros son muy rápidos, así que no tengo que preocuparme. Sin embargo, todos mis retiros están atascados en el camino ahora, ¡y el servicio al cliente
Este top1markets es completamente una empresa de estafa de pies a cabeza. Cuando me comuniqué con su servicio de atención al cliente al principio, expresé que no estaba muy dispuesto a operar con ellos, porque hay muy pocos métodos de depósito y retiro, lo cual no es muy conveniente. Pero su personal me prometió repetidamente que los depósitos y retiros son muy rápidos, así que no tengo que preocuparme. Sin embargo, todos mis retiros están atascados en el camino ahora, ¡y el servicio al cliente
Translate to English
2022-11-21 17:46
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hd7108
more than one year
I have to say, it's a quite positive trading experience. Their trading signals are accurate and their execution is swift. The demo account and tutorials were very helpful for newbies like me to get started.
I have to say, it's a quite positive trading experience. Their trading signals are accurate and their execution is swift. The demo account and tutorials were very helpful for newbies like me to get started.
Translate to English
2024-08-14 11:25
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