Toptrade Scam or not? Full in-depth broker review – 2021

Toptrade scam or not? TopTrade scams traders, or is it the best traders choice in 2021?

In the past few years, and especially the last year during the pandemic, we learned that you can easily be fired from your office and thus you are deprived of a stable job and income.

At this time, many realized that they needed to have additional income. And one of the income sources is trading on the stock exchange with a reliable broker.

Toptrade scam? Or a trusted broker that you can trust?

Toptrade scam or not? Now more and more companies appear that call themselves “brokers”. Therefore, now we need to check brokers more and more in order not to get caught by scammers.

Today in our review we will reveal everything about Toptrade.
Shall we consider it as a “bad” or reliable partner?

Next, there will be a review in which we will highlight all the advantages and disadvantages and answer all your questions.

Toptrade scam or a great solution for traders?

So we go to the broker’s website. We immediately see that the site is well thought out and made with high quality.
You may be somewhat pleasantly surprised by this.

It doesn’t matter if you are a professional trader, or just starting out. The website is very easy to use for any easy or complex task that you will be looking for.

It should be noted that the broker mainly worked with clients from European countries.
Less than a year ago, Toptrade decided to enter the Russian speaking market.

As we can see the broker’s website is in more than 5 languages (German, Italian, Polish, Arabic, etc.). Accordingly, we understand that the broker interacts with clients – traders from these countries.

Toptrade broker review

This brand started operating in 2010.

Offices are located all over the world: Luxembourg, Russia, Germany, Italy, Britain, Spain, Dominican Republic.

Contacts:

It doesn’t matter what country you are in and what language you speak, you can contact the broker by phone and messengers at any time:
Skype, Viber, WhatsApp, Telegram or by phone number +7 (499) 9549605, +44 1518 080625, +43 720 143 748, +34 932 207 164, +39 011 1962 2424.

You can also ask the broker questions on the website itself. This can be done if you scroll to the end of the site and at the bottom, there will be a window for communication with the operator. Also when you are done, the transcript will be sent to your email.

Conditions offered by the broker.

We suggest that you familiarize yourself with the key points that the TopTrade offers.

Account types.

1. “BRONZE” – from $ 250 to $ 2000

• Standard Spreads (FX) 1.8 pips
• Daily Market Review
• Access to e-books
• Basic courses
• Access to training videos
• Position size commission
• Minimum order: 0.01 lot
• Maximum order: 5 lots

2. “SILVER” – from $ 2000 to $ 10,000

• Standard Spreads (FX) 1.8 pips
• Daily Market Review
• Access to e-books
• Basic courses
• Access to training videos
• Position size commission
• Personal manager
• 10% welcome bonus
• 5% bonus bonus
• Minimum order: 0.01 lot
• Maximum order: 10 lots

3. “GOLD” – from $ 10,000 to $ 50,000

• Standard Spreads (FX) 1.8 pips
• Daily Market Review
• Access to e-books
• Basic courses
• Access to training videos
• Position size commission
• Personal manager
• 10% welcome bonus
• 10% bonus bonus
• Trading signals
• Minimum order: 0.01 lot
• Maximum order: 15 lots

4. “PLATINUM” – from $ 50,000 to $ 200,000

• Standard Spreads (FX) 0.7 pips
• Daily Market Review
• Access to e-books
• Basic + advanced courses
• Access to training videos
• Position size commission
• Personal manager
• 20% welcome bonus
• 15% bonus bonus
• Trading signals
• Long-term financial plan
• Direct line to our salesroom team
• No commission
• Minimum order: 0.1 lot
• Maximum order: 20 lots

5. “DIAMOND” – from $ 200,000 +

• Standard Spreads (FX) 0.4 pips
• Daily Market Review
• Access to e-books
• Basic + advanced courses
• Access to training videos
• Position size commission
• Personal manager
• 25% welcome bonus
• 20% bonus bonus
• Trading signals
• Long-term financial plan
• Direct line to our salesroom team
• No commission
• Minimum order: 0.1 lot
• Maximum order: 25 lots

Toptrade broker advantages.

First, the company profits from your traders in the amount of 10 – 12 percent of the commission. Therefore, the more trades you make, the more commission the broker gets. Therefore, Toptrade is interested in increasing the turnover of your funds and the number of transactions you open.

Thus, based on the study of all types of accounts, we can come to a conclusion. It doesn’t matter what type of deposit you have, the broker provides everyone with free training.

The broker also provides deposit insurance. You will be able to ensure your transactions. Their sums of money will be non-combustible, this will help you not to lose them. For example: If you add insurance to a 1000$ trade and lose it, you will not lose a dime.

It is also worth noting – trust management. This service provided will help you profit while not moving a finger.

What is this service?

With trust management, your broker represents the interests of a trader in the financial world.

With trust management, you give full permission to the broker to act on your behalf and manage your finances for trading.

You, as a trader, simply receive the fruits of TopTrades work. In this scenario, you don’t need to do anything. Consider this as passive income.

Also, the broker provides up to 50% of bonuses, which can be obtained in Toptrades platform. It all depends on your account and its turnover.

Another thing we must note is TopTrades amazing promotions and contests.
The broker conducts them every quarter. Valuable prizes are raffled off on them: Luxury cars, Smart Phones, Laptops, vacations, and more.

How to register with a Toptrade broker?

Enter TopTrades website : https://toptrade.group.
On the website, we click on Start trading in the right corner of the website. Fill in the details and you are done.

Ok, so you signed up, now what?

How to deposit funds into your trading account with TopTrade?

You can top-up your account in several ways. In our case, the broker accepts funds in the worldwide currency – the dollar.

There are two ways to fund your account.

1. If you want to top up any amount from $ 0 to $ 1000, you can use your credit or debit card issued by your bank.
   Unfortunately, you cant use a debit or a credit card for any deposit that will exceed $1000.
2. For transfers larger than $1000, you will be able to fund your account using cryptocurrency or bank transfer.
   TopTrade offers more than 10 types of major cryptocurrencies with which you can fund your account.

When withdrawing your profits, you can also use the same methods that you used to fund your account. In the same exact way, you deposited. With only a few clicks of a button.

There are also several options for withdrawing funds from your account. The site contains the most common options: Visa, Mastercard, Credit card, Bank transfers, Crypto Exchange, Western Union, MoneyGram.

Another function related to the movement of money through the account, which Toptrade provides, is a transfer from one account to another. You can use multiple trading accounts with Toptrade. This is an option though, nobody forces you to open two or three accounts at once.

First of all, this is done for traders who may not have decided to trade using different strategies on different accounts, or traders who want to trade different assets on different accounts. Or any other reason. It’s up to you to choose what do you want to do with the accounts you open.

Real reviews of Toptrade clients

We searched for reviews of TopTrade clients on most of the web and we mostly found positive reviews. Its also worth noting, that we found negative reviews saying that TopTrade is scam.

But as we see, it’s the competition flooding the internet with bad reviews with absolutely no proof. Therefore we ignore those.

We got a message from one of our readers saying that she is trading with TopTrade.

Here is what she has to say about TopTrade:

Conclusion – TopTrade is a trusted broker by many

After our review, reading the commentary and familiarizing yourself with the Toptrade.

We are 100% sure that TopTrade is an amazing choice for traders.

TopTrade has a very straightforward, transparent system and policies. We can see that the broker is trying to provide the best conditions for its traders and their investors.

For 10 years, there are practically no “real” negative comments from traders. Scammers can be seen immediately after a couple of days – because the whole Internet will be teeming with negative reviews. By analyzing the comments, we can see that the broker is 100% legit.

Therefore, we can conclude that Toptrade should be trusted and he is not a scammer in any way. You can safely go to his website open an account and start trading because this is one of the actual Top brokers in the industry.