TopFX - What You Need to Know About TopFX's Offer? What Makes the Broker Stand Out? Are Commissions and Low Fees Encouraging to Open an Account? Offer Analysis

TopFX - What You Need to Know About TopFX's Offer? What Makes the Broker Stand Out? Are Commissions and Low Fees Encouraging to Open an Account? Offer Analysis

In today's article, we will take a closer look at the broker TopFX, which has been operating in the financial market for over 13 years, earning recognition and trust from both institutional and retail clients. TopFX stands out not only for its long market presence but also for the high quality of services provided and its focus on excellence and adapting to the changing needs of its clients.

 

What Characterizes TopFX?

TopFX is an experienced broker operating in the financial market for over 13 years. Its main specialization is providing liquidity services, meaning it acts as an intermediary between institutional clients and financial markets.

 

What Services Does TopFX Offer?

Initially, TopFX focused on serving institutional clients, such as retail brokers and investment firms. However, in 2020, the broker expanded its offer to meet the needs of retail clients. It offers competitive spreads starting from 0.0 pips (+ commission on RAW accounts) and leverage up to 1:30. This created a more balanced trading environment for its clients.

 

OPEN AN ACCOUNT

 

TopFX Offer

TopFX offers a wide selection of trading instruments, allowing investors access to over 600 CFD contracts, which enables the diversification of their investment portfolio and trading in various financial markets. The platform provides the best trading conditions and advanced tools that help traders succeed in the market.

 Forex Trading with TopFX (60+ Currency Pairs)

Investors can trade on the Forex market with over 60 currency pairs, using spreads from 0.0 pips (+ low commission on RAW accounts) and fast execution. This allows traders to choose from a wide range of currencies and make investment decisions according to their strategy.

 Index Trading with TopFX

TopFX allows trading global indices with competitive spreads and leverage up to 1:20, giving investors exposure to a wide range of markets and their volatility. This category includes leading indices from American, European, and Asian exchanges.

 Stock Trading with TopFX

The platform allows trading over 500 CFD contracts on stocks from global markets without commissions. This enables investors to participate in the stock market and benefit from potential gains related to the rise or fall in stock values.

 Metal Trading with TopFX

TopFX offers trading in gold, silver, and palladium, allowing traders to add these valuable commodities to their trading portfolio. Traders can open both long and short positions, enabling them to profit from commodity price volatility.

Commodity Trading with TopFX

Clients can trade WTI oil, Brent oil, and gas with narrow spreads and reliable execution. This allows them to participate in trading energy commodities and use price volatility of these assets to generate profits.

 ETF Trading with TopFX

The platform also allows trading ETFs, giving investors the opportunity to be bullish or bearish on various funds. TopFX offers a selection of 18 iShares funds, enabling investors to diversify their portfolios and trade in different ETF markets.

 

Types of Accounts at TopFX

RAW Account

The RAW account at TopFX is for traders seeking the most competitive trading conditions.

 

Currency: Available in PLN, USD, EUR, or GBP.

Spreads: Starting from 0.0 pips, allowing traders to trade at minimal costs.

Leverage: Up to 1:30, increasing potential profits but also the risk of losses.

Commission: A commission of €2.75 per side of the transaction, ensuring transparent trading costs.

Trading Platform: Traders can choose between the cTrader or MT4 platform, customizing their trading environment to their preferences.

Liquidity: The RAW account benefits from TopFX's liquidity, ensuring fast and reliable execution of transactions.

 

 

ZERO Account

The Zero account at TopFX provides traders with competitive trading conditions.

Account Type: Zero Account

Currency: Available in PLN, USD, EUR, or GBP.

Spreads: Starting from 0.5 pips, offering attractive trading conditions.

Leverage: Up to 1:30, increasing potential profits or losses.

Commission: No commission, meaning traders only pay spreads.

Trading Platform: Traders can choose between the cTrader or MT4 platform, customizing their trading environment to their preferences.

Liquidity: The Zero account benefits from TopFX's liquidity, ensuring fast and reliable execution of transactions.

 

 

Why Did TopFX Decide to Expand Its Offer?

The decision to expand the offer to retail clients was a strategic move to better adapt to the changing market needs. This allowed the broker to tailor its services to a broader group of clients, offering competitive trading conditions.

 

What Are the Advantages of Trading Platforms Offered by TopFX?

TopFX offers two main trading platforms: cTrader and MT4. Both platforms are valued by traders for their versatility and reliability. cTrader is considered revolutionary due to its simplicity and speed, while MT4 is popular for its versatility and availability.

TopFX cTrader Platform

Features of TopFX cTrader include:

  • Unlimited watchlists
  • Detailed symbol and market sentiment data
  • A wide selection of chart types and timeframes
  • Useful order size information, technical analysis indicators, and advanced Take Profit and Stop Loss orders
  • One-click trading and the ability to close multiple positions quickly

The platform also allows direct chart trading via drag-and-drop and one-click trading.

 

Want to Copy Other Traders' Strategies or Share Your Own Strategies?

The Copy Trading feature on the cTrader platform is for you. Benefits for copy traders and strategy providers include:

  • Ranking strategies by performance
  • Easily modifying the amount of funds allocated to a strategy
  • Accessing detailed reports on open and closed positions

Automated Trading with cTrader Automate

cBots are trading robots on the cTrader platform, allowing for a more objective approach to trading, eliminating human errors. Features and capabilities of automated trading include:

  • Choosing from a wide range of cBots based on different strategies
  • Easily loading and running trading robots
  • Writing your own scripts for robots and indicators
  • Trading signals from Trading Central on the platform
  • Trading signals on the cTrader platform help make investment decisions, allowing traders to follow expert trading recommendations.

 

TopFX Mobile App cTrader

The TopFX cTrader mobile app allows traders to trade on their phones and tablets, retaining the same exceptional features and capabilities as the desktop and web platforms.

 

 

MT4 Platform

The MetaTrader 4 (MT4) platform offers trading on the world's most popular platform, providing traders with the necessary tools for effective investing.

 

 

Main Advantages of TopFX MT4

  • Forex, indices, energy commodities, and metal trading
  • Interactive charting with 9 timeframes
  • Over 30 pre-installed technical analysis indicators
  • Easy customization to preferred trading settings
  • One-click trading and automated trading with Expert Advisors
  • Trade copying and trading signals from Trading Central
  • Ability to build your own robots and custom indicators with MQL4
  • Available in multiple languages

 

1. MT4 for Desktop

Starting to trade on MT4 is simple and only requires 5 steps:

  1. Open a Real or Demo account according to your needs.
  2. Go to the Download section in the client area and select "MetaTrader 4 for desktop."
  3. Run the file and complete the installation.
  4. Use the login details sent to you via email to connect to the platform.

 

2. MT4 for Mobile Devices and Tablets

The MT4 mobile app is available for both Android and iOS, allowing trading from anywhere. Features of the mobile app include:

  • 3 types of charts and 9 timeframes
  • 24 analytical objects and detailed transaction history
  • Ability to create the same types of orders as in the desktop version
  • Total control over the trading account, even on the go

 

MQL Trading Tools Package

TopFX offers the MQL trading tools package, initially valued at $100 per month. Now it is available for free upon opening a Real Account. The package includes 250 indicators, panels, expert advisors (EA), and other functionalities that are ready to use and easy to understand even for less experienced traders.

 

Does TopFX Provide Favorable Trading Conditions?

TopFX aims to provide clients with favorable trading conditions. It offers competitive spreads and leverage, allowing traders to effectively manage their investments. Additionally, the broker offers various types of accounts, such as RAW, ZERO, and VIP, tailored to clients with different levels of experience and trading volumes.

 

What Payment Methods Does TopFX Offer?

TopFX provides its clients with a wide range of payment methods, making it easier to manage their funds. Clients can use various deposit and withdrawal methods, including traditional bank transfers, credit cards, e-wallets, and more.

 

How Does TopFX Ensure Client Security?

Client fund security is a priority for TopFX. The company implements stringent security procedures, including client fund segregation, meaning client funds are held separately from the company's funds. Additionally, TopFX collaborates with reputable Tier-1 banks to ensure the security and reliability of financial services.

 

What Educational Opportunities Does TopFX Offer?

TopFX offers its clients a variety of educational opportunities to help them develop their trading skills. The company regularly publishes market analyses, provides educational resources, and offers the innovative Copy Trading feature on the cTrader platform, allowing clients to follow and copy other traders' strategies.

 

What Risks Are Associated with Trading with TopFX?

Trading in the financial market always carries certain risks. TopFX informs its clients about the potential risks associated with trading, including the possibility of losing funds. It is worth noting that 70.64% of retail investor accounts lose money when trading CFDs with this provider, emphasizing the need for informed and thoughtful investment decisions.

 

Is TopFX the Broker for You?

The final decision on whether TopFX is the right broker for you depends on your individual preferences, investment goals, and experience level. Before making a decision, it is worthHere is a summary of the article:

TopFX is a broker with over 13 years of experience, specializing in providing liquidity services to institutional and retail clients. It offers a wide range of trading instruments, including over 600 CFD contracts, competitive spreads from 0.0 pips, and leverage up to 1:30. TopFX supports Forex, indices, stocks, metals, commodities, and ETFs trading. The broker provides various account types like RAW and ZERO, each with specific benefits, and uses reliable platforms like cTrader and MT4. TopFX also ensures client fund security and offers educational resources and advanced trading tools.