Operating since 2010, TopFX offers services under both European and offshore regulation. This 2025 overview covers the essentials: insights from user reviews (when available), their approach to trading costs, and details on their regulatory setup.

Live Spreads: Understanding How TopFX Charges

One fundamental cost in trading is the spread, the small price difference between buying and selling an asset at any given moment. TopFX provides distinct account types, namely Zero and Raw. Zero accounts typically embed the trading cost within the spread shown, meaning no separate commission is usually charged. Raw accounts aim to provide spreads closer to the underlying market rate, accompanied by a fixed commission fee per trade.

Currently, live spread data for TopFX is not available in our comparison tool. This prevents a direct, real-time cost comparison against other brokers. To accurately gauge their pricing, prospective clients should observe the live spreads and any applicable commissions on the TopFX trading platforms (MT4 or cTrader) during active trading sessions.

Presently, FxVerify does not feature any user reviews for TopFX. Feedback shared by actual clients often provides valuable perspectives on service reliability, support quality, and the overall trading experience. Without this user input, assessing client satisfaction levels remains challenging. This section will be updated as soon as we gather more feedback from real users.

TopFX achieves a top score in the regulation category, reflecting their authorisation by CySEC. Web traffic data suggests they maintain a moderate market presence. Established in 2010, TopFX offers a regulated trading environment, particularly through its European entity.

Regulation: Authorised by CySEC & FSA

Company	Licenses & Regulations	Segregated Client Money	Deposit Compensation Scheme	Negative Balance Protection	Rebates	Max. Leverage Retail Clients
TopFX Ltd	Cyprus - CY CYSEC		up to €20,000			30 : 1
TopFX Global Ltd	Seychelles - SC FSA					1000 : 1

TopFX operates with oversight from two key regulatory bodies. TopFX Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), a major EU regulator. TopFX Global Ltd is authorised and regulated by the Financial Services Authority (FSA) in Seychelles.

This structure means clients are onboarded under different regulatory protections. Those under CySEC typically benefit from stringent EU standards, including negative balance protection and the Investor Compensation Fund (up to €20k), with leverage limited to 1:30 for retail traders. Clients under the FSA Seychelles entity can access much higher leverage (up to 1:1000) but operate outside the EU's specific compensation schemes and protective measures.

Available Assets: Multiple Markets Including Cryptos

TopFX provides traders with access to a wide range of financial markets. Their offering encompasses forex pairs, CFDs on global shares, major indices, energies like oil, precious metals, various cryptocurrencies, and even exchange-traded funds (ETFs).

Since specific symbol data isn't currently available here, clients should consult the TopFX website or trading platform for the complete, up-to-date list of instruments. Trading is conducted via CFDs (Contracts for Difference), which involves speculating on price movements using leverage and carries inherent risks.

Live Swap Rates: Considerations for Overnight Trades

Holding trades open past the daily market close usually involves swap rates. These are overnight financing adjustments, appearing as either a charge or a credit on your account, influenced by interest rates, trade direction and the specific instrument traded. TopFX offers Islamic accounts that are swap-free by design.

Presently, live swap rate data for TopFX is not integrated into our comparison system. Therefore, assessing their overnight holding costs relative to other brokers isn't possible using this tool. Clients need to check the specific swap rates directly within the MT4 or cTrader platform. Standard industry practice involves applying triple swaps mid-week (often Wednesday) to account for the weekend.

Trading Platforms: Choice of MT4 or cTrader

TopFX offers clients a choice between two highly regarded trading platforms: MetaTrader 4 (MT4) and cTrader. MT4 is the long-standing industry favourite, known for its vast ecosystem of automated tools. cTrader is often preferred by traders looking for advanced order types and depth of market analysis. Both are available on desktop and mobile.

Deposits/Withdrawals: Extensive Options Including Crypto & Local Methods

TopFX provides an impressively wide array of funding methods. Alongside standard options like credit and debit cards and bank wires, they support numerous e-wallets (Skrill, Neteller, Perfect Money, FasaPay, SticPay, Bitwallet), direct cryptocurrency transfers (BTC, ETH, LTC, USDT), mobile payments (Apple Pay, Google Pay), and various local payment solutions (DragonPay, Pix, M-Pesa).

While TopFX may not levy direct charges, remember third-party fees. Intermediary banks can charge fees for wires*. Crypto network fees are standard and charged per transaction**. Always verify method availability, limits, and potential costs for your region on the official TopFX website.

Leverage: 1:1000 High Leverage Offered Offshore

The maximum leverage available at TopFX depends on the regulatory entity. Under CySEC (EU) regulation, retail client leverage is restricted to 1:30 for major forex pairs. Through their FSA (Seychelles) regulated entity, TopFX can offer significantly higher leverage, up to 1:1000. Utilising high leverage dramatically increases market exposure and associated risks.

TopFX Profile

24 hour support

Segregated Accounts

Islamic Accounts

Accepts Canadian clients

Accepts Japanese Clients

Non expiring demo

Trading API

Cent accounts

Negative balance protection

Social trading

Regulatory deposit insurance

Trailing stops

Bonuses

Interest on margin

Fixed spread

Variable spread

The TopFX profile on FxVerify outlines their core operational details: established in 2010, regulated entities in Seychelles and Cyprus, base account currencies (USD, EUR, GBP), extensive language support, a wide array of funding options including crypto, and the types of financial instruments offered.

TopFX Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

Promotions

Details about specific promotions, such as welcome bonuses or loyalty schemes, are not listed in the available profile data. Prospective clients should visit the promotions section on the official TopFX website to check for any current offers and carefully review all accompanying terms and conditions.

TopFX Cashback rebates

	Zero	Raw	cTrader Zero	cTrader Raw
Forex	Majors & Minors 0.48 Pips	Majors & Minors $1.50 Per Lot	Majors & Minors $24 Per 1 Million USD Traded	Majors & Minors $7.50 Per 1 Million USD Traded
Oil / Energies	$4.80 Per Lot	$1.50 Per Lot	$24 Per 1 Million USD Traded	$7.50 Per 1 Million USD Traded
Metals	Gold $4.80 Per Lot	Gold $1.50 Per Lot	Gold $4.80 Per Lot	Gold $7.50 Per 1 Million USD Traded
Cryptocurrencies	BTC & ETH $0.48 Per Lot	BTC & ETH $0.15 Per Lot	BTC & ETH $24 Per 1 Million USD Traded	BTC & ETH $7.50 Per 1 Million USD Traded
Payment Options	Monthly Cash Back Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

	Zero
Forex	Majors & Minors 0.48 Pips
Oil / Energies	$4.80 Per Lot
Metals	Gold $4.80 Per Lot
Cryptocurrencies	BTC & ETH $0.48 Per Lot
Payment Options	Monthly Cash Back Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

	Raw
Forex	Majors & Minors $1.50 Per Lot
Oil / Energies	$1.50 Per Lot
Metals	Gold $1.50 Per Lot
Cryptocurrencies	BTC & ETH $0.15 Per Lot
Payment Options	Monthly Cash Back Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

	cTrader Zero
Forex	Majors & Minors $24 Per 1 Million USD Traded
Oil / Energies	$24 Per 1 Million USD Traded
Metals	Gold $4.80 Per Lot
Cryptocurrencies	BTC & ETH $24 Per 1 Million USD Traded
Payment Options	Monthly Cash Back Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

	cTrader Raw
Forex	Majors & Minors $7.50 Per 1 Million USD Traded
Oil / Energies	$7.50 Per 1 Million USD Traded
Metals	Gold $7.50 Per 1 Million USD Traded
Cryptocurrencies	BTC & ETH $7.50 Per 1 Million USD Traded
Payment Options	Monthly Cash Back Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

How much TopFX rebates can I earn?

Use our forex rebate calculator to estimate your TopFX rebate earnings:

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Forex pairs are 100,000 units per 1 lot

Units per 1 lot vary on non-forex pairs, please check with your broker

In MT4 and MT5 right click a symbol and then click Specification. The Contract Size field tells how many units are in one lot.
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