Home -
TOP1 GROUP -

Score

1.54 /10
Danger

TOP1 GROUP

Cayman Islands

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.top1groups.com/

Influence

D

Add brokers

Comparison

Quantity 3

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.19

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

TOP1 GROUP

Company Abbreviation

TOP1 GROUP

Platform registered country and region

Cayman Islands

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 4
Previous Detection : 2025-04-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

The Office of TOP1 GROUP in Australia is Bogus

The inspection team did not find the office of TOP1 GROUP in Australia. Its AR license (No. 001274145) issued by ASIC has been cancelled. It currently operates without any valid regulation.

Danger Australia

WikiFX Verification

Exposure

3 pieces of exposure in total
Pyramid scheme complaint
Expose
Others

Severe slippage

Take heed on this fraud.

AAAPANJUNYI
2020-07-29 20:36
Scam

1. Severe slippage 2. Manipulation on position-closing line 3. Bad service

1. Severe slippage 2. Manipulation on position-closing line 3. Bad service

FX2057297167
2020-04-18 06:52
Others

Fraud platform made clients’ position liquidated.

On Monday, I figured out that the platform was illegal since the spread of XAU/USD was expanded by 15 times, which caused forced liquidation. But TOP1 GROUP blamed it on liquidity. I am confused why the price could rebound after the position was closed. I encountered with the second situation on this Saturday. My margin was 114%, with 280% available. I haven’t taken the screenshot. But on Saturday, one of my order, 0.36 lot, was closed compulsorily. TOP1 GROUP deducted my interest, saying that my margin was less than 100%. Although the interest was deducted, the balance should be $200 or so. When I reflected this to the service, it kept fending off. It is obviously a rip-off. TOP1 GROUP simply wants to covet clients’ fund by causing malicious liquidation.

JIEHUA
2020-08-10 19:33
TOP1 GROUP · Company summary
TOP1 GROUP Review Summary
Founded2019-05-06
Registered Country/RegionCayman Islands
RegulationUnregulated
Market InstrumentsForex, Cryptocurrencies, Precious Metals, Crude Oil, and Indices
SpreadLow
Trading PlatformMT5
Customer Support (24/7)cs@top1-groups.com
+61 2 61720053

TOP1 GROUP Information

TOP1 GROUP is a global online trading provider. The company helps customers trade foreign exchange, indices, commodities, and cryptocurrencies of financial groups through Contracts for Difference (CFDs) and by leveraging. TOP1 GROUP also provides the popular MetaTrader 5 (MT5) trading platform to assist with analysis. It guarantees that customers' withdrawals will be credited to their accounts on the same day within the service hours.

Pros and Cons

Pros Cons
MT5 availableUnregulated
24-hour multi-channel supportUnclear fee information
Unspecific withdrawal processing information

Is TOP1 GROUP Legit?

TOP1 GROUP has not proven that its regulatory safeguards are reliable. Although it claims that Top1 Groups, a subsidiary of TOP1 GROUP, is authorized and regulated by the Australian Securities and Investments Commission and holds a license from the Vanuatu Financial Services Commission (VFSC), and is subject to its regulation.

regulatory
regulatory

What Can I Trade on TOP1 GROUP?

TOP1 GROUP offers various trading instruments, including foreign exchange, precious metals, crude oil, indices, and cryptocurrencies, among others.

Tradable Instruments Supported
Forex✔
Cryptocurrencies✔
Precious Metals✔
Crude Oil✔
Indices✔

Trading Platform

TOP1 GROUP provides a mobile app to enable trading at your fingertips, as well as the popular MetaTrader 5 (MT5) trading platform, which supports PC, iPhone/iPad, and Android versions.

Trading PlatformSupported Available Devices Suitable for
Top 1 App✔MobileAll
MT5✔PC, iPhone/iPad, and AndroidExperienced Traders

User Reviews

More

User comment

3

Comments

Write a review

初心20870
more than one year
Esta empresa TOP1 GROUP afirma estar regulada por ASIC, pero wikifx muestra que la licencia es en realidad un clon... La industria de Forex es realmente peligrosa, no solo porque el mercado en sí es muy riesgoso, sino también porque siempre hay muchos estafadores que intentan deliberadamente defraudar a los traders inocentes de su dinero!
Esta empresa TOP1 GROUP afirma estar regulada por ASIC, pero wikifx muestra que la licencia es en realidad un clon... La industria de Forex es realmente peligrosa, no solo porque el mercado en sí es muy riesgoso, sino también porque siempre hay muchos estafadores que intentan deliberadamente defraudar a los traders inocentes de su dinero!
Translate to English
2022-12-06 09:55
Reply
0
0
雾隐成空
more than one year
My experience with TOP1 GROUP is super bad. I want to ask them some questions through live chat, but the real-time chat icon displayed on the website page is useless. After clicking, the page loads for half a day and is blank, and it cannot be used at all.
My experience with TOP1 GROUP is super bad. I want to ask them some questions through live chat, but the real-time chat icon displayed on the website page is useless. After clicking, the page loads for half a day and is blank, and it cannot be used at all.
Translate to English
2022-11-29 14:31
Reply
0
0
3