TopTradePro was an unregulated Forex & Stocks CFD broker, that opened on February 1st 2019 and is now out of business.
Owned and operated by Ideas in Motion LTD, TopTradePro is located at: Trust Company Complex, Ajeltake Road, Ajeltake Islands, Majuro, Republic of the Marshall Islands MH 96960. Customer support email address is: [email protected], and the phone number is: +442080894279. Official website is: https://toptradepro.com/.
For complaints and withdrawal problems, read this article.
TopTradePro Reviews
Our review of TopTradePro shows that they offer their clients the Leverate Activ8 web-based CFD trading platform. This trading software is very easy to use and simple for beginner investors and day traders. You can select the leverage amount you would like to use, your Stop Loss, and Take Profit amounts. Also available is the generic Activ8 Mobile App for iPhone and Android.
There are hundreds of underlying assets available for CFD stock trading. All major and minor currency pairs are available, plus you can trade Crypto Currency CFD’s on Bitcoin, along with CFD’s on shares of Cannabis Stocks. The minimum deposit required for a new trading account is $250. Leverage is available of 1:200 on BTC/USD, but their spreads are $100 wide. You can find brokers with tighter spreads, see here.
The Bonus Money Scam
At this broker, they offer new clients a 20% – 100% welcome bonus when you open an account. Newbie investors who have never traded CFD’s before, should read the terms and conditions, before accepting a bonus! Most brokers require a large trading volume, before you can withdraw your money.
We have received many complaints from traders about withdrawal problems, which comes because of bonus money.
Is TopTradePro a Regulated Broker?
No, TopTradePro is not a regulated or licensed broker. After being exposed on this website, the FCA in England issued a warning to investors to stay away from this unregulated broker.
The Scam Broker Investigator has reviewed hundreds of online brokers to see if they are a legitimate brokers or a potential scam. The most important item to look for in a broker is a valid license from the government regulators. When investing at a licensed broker, your money is usually insured by the government regulator, and held in segregated bank accounts.
If you are interested in investing with a licensed stock broker, go look at the list of regulated brokers, look here.
Compare Real Brokers
Most new investors will choose an established Forex broker, before using an offshore broker.
ForTrade are the best brokers for new investors, since they are licensed in Australia and England, look here. Try a Free Demo Account on their award winning trading platform, signup here.
If you are currently investing at the broker TopTradePro, Please share your experience with this broker in the comments section below.