How to open TopFX's Trading Account? | Account Types & Platforms

What is TopFX?

TopFX is a prominent financial services provider, offering a range of trading solutions since 2010. Here’s a detailed look at the services and features they provide:

Liquidity Solutions and Prime Services

TopFX has been a key player in providing liquidity solutions to investment firms and brokers. They also offer prime brokerage services, which include access to over 600 tradeable assets. This extensive range not only covers conventional markets like Forex and indices but also includes commodities, shares, and digital assets like cryptocurrencies.

Trading Infrastructure and Platforms

TopFX partners with Equinix, a major player in electronic trading ecosystems, to ensure optimal execution quality with minimal latency. This is achieved through the LD5 data center, guaranteeing stable, continuous price feeds without downtimes or disruptions.

Proprietary Technology

The company has developed its own technology stack, which includes a proprietary Cashier system to aggregate multiple Payment Service Providers, optimizing transaction approval rates. Additionally, their bespoke CRM system offers full automation and detailed reporting across various devices and operating systems.

Go to TopFX Official Website

Trading Platforms

TopFX provides access to several trading platforms:

• MT4: The globally renowned trading platform, favored for its user-friendly interface and customization options.
• cTrader: Known for its sleek design and reliability, cTrader boasts a 3ms internal processing time and a record of 100% uptime over the past seven years.

See more about Platforms

Execution and Liquidity

TopFX sources its liquidity from multiple Tier-1 institutions, ensuring industry-leading spreads and reliable execution across a diverse range of assets. They employ Smart Order Routing technology to automate the search for the best prices available, facilitating rapid and fair execution without dealing desk intervention.

Take advantage of the Tier 1 Liquidity

Security and Regulation

TopFX is regulated by the Seychelles Financial Services Authority (FSA), ensuring compliance with stringent financial standards. Client funds are securely segregated from company funds and are regularly audited both internally and externally to guarantee financial integrity and security.

Invest with a licensed broker

Trading Conditions

TopFX offers competitive trading conditions:

Spreads

Starting from 0.0 pips for certain accounts.

Execution Speed

Ultra-fast execution times, with most under 30ms.

Account Types

Multiple account options are available, ranging from zero commission accounts to VIP accounts with tighter spreads and higher minimum deposits.

Check the trading conditions

Additional Features

Multi-asset Trading

Clients can trade over 600 CFDs including Forex, indices, shares, metals, energies, and ETFs.

Flexible Account Options

Accounts cater to different types of traders, from beginners to high-volume traders.

Comprehensive Trading Platform Features

Both MT4 and cTrader offer manual, copy, and automated trading functionalities.

Funding Security and Ease

TopFX offers multiple payment methods, instant deposits, fast withdrawals, and zero deposit fees.

TopFX provides a comprehensive suite of trading services and tools designed to meet the needs of both novice and experienced traders, backed by robust technology and strict regulatory adherence.

Open an account with TopFX

Overview of TopFX cTrader Platform

Key Features

Robust Technology

cTrader is designed for efficiency with a mere 3ms internal processing time and a commendable record of 100% uptime for the past seven years.

Comprehensive Trading Tools

The platform offers advanced charting capabilities, Depth of Market (DoM) display, sophisticated risk management, and detailed performance analysis features.

Flexible Trading Styles

Supports various trading methodologies including manual trading, copy trading, automated robot trading, and signal following, all integrated within one interface.

Open a cTrader account

Trading Environment

Seamless Execution:

TopFX’s integration with cTrader facilitates an environment with minimal latency, which is crucial for high-frequency trading (HFT) and other time-sensitive trading strategies.

No Dealing Desk (NDD) Execution Model:

Ensures that trades are executed without dealer intervention, providing a transparent trading experience.

Diverse Asset Range:

Traders have access to over 600 assets, including Forex, shares, indices, energies, metals, cryptocurrencies, and ETFs.

Low Latency and Swift Execution:

Advanced technology and the robust infrastructure of TopFX ensure lightning-fast trade executions.

First to Update:

Direct communication lines allow TopFX to implement new cTrader features swiftly before they become available on other platforms.

Go to TopFX Official Website

Trading on cTrader

Manual Trading

Features extensive tools for market analysis such as unlimited watchlists, a variety of chart types, and over 70 technical indicators.

Copy Trading

cTrader Copy allows users to either copy successful trading strategies or offer their strategies to others, which includes performance ranking, easy funds allocation adjustment, and detailed reporting.

Automated Trading with cBots

Traders can employ or create trading robots (cBots) to automate strategies, reducing human error and emotional trading.

Mobile Trading

The cTrader app for Android and iOS maintains the functionality of the desktop version, including responsive charting, detailed asset information, and a history of trades.

Open a cTrader account

Additional Tools and Services

FIX API

Provides professional and institutional traders with a direct and robust connection, reducing execution times and facilitating efficient large volume trading.

In-Platform Trading Signals

Offers recommendations from Trading Central, allowing traders to make informed decisions quickly.

Ease of Access

Users can download the cTrader platform or use it directly from the web. The setup process is straightforward, with detailed instructions provided for download and installation.

The TopFX cTrader platform is a powerful tool tailored for traders who seek a combination of speed, flexibility, and depth in trading functionalities. It accommodates all levels of traders, from those who prefer hands-on manual trading to those who utilize advanced automated trading systems. Its consistent updates and improvements reflect a commitment to maintaining a cutting-edge and user-centric trading environment.

Open an account with TopFX

Overview of TopFX MT4 Platform

MetaTrader 4 (MT4) from TopFX is celebrated for its user-friendly interface, adaptability, and wide range of automated trading tools. It stands as the most favored trading platform globally, praised for its customizable features and comprehensive functionalities.

Key Features

Extensive Asset Options

Trade across various markets including Forex, indices, energies, and metals.

Interactive Charting and Analysis Tools

MT4 provides interactive charting, offering 9 timeframes and more than 30 pre-installed technical analysis indicators, enhancing the strategic planning for traders.

Customization

The platform allows extensive customization to suit individual trading preferences and strategies.

1-Click Trading

Streamlines the trading process, making it swift and efficient.

Automated Trading

Utilize Expert Advisors (EAs) to automate trading, which can operate without direct trader intervention, ensuring trades are executed at the best possible conditions.

Copy Trading

Features like PAMM accounts facilitate copy trading, allowing traders to replicate the positions of experienced traders.

Trading Signals and Tools

Incorporates signals from Trading Central and the ability to create and customize your own trading robots and indicators using the MQL4 programming language.

Multilingual Support

Available in multiple languages to cater to a global audience.

Open an MT4 account

Platform Accessibility

Desktop Version

MT4 can be easily downloaded and installed with steps provided by TopFX for setting up both live and demo accounts.

Mobile Trading

The MT4 mobile app is available for both Android and iOS, providing a robust trading experience on the go. It features all the essential functionalities of the desktop version, including multiple chart types, analytical tools, and the full history of trades.

MQL Suite

Offers 250 indicators, panels, expert advisors, and other functionalities that are designed to be user-friendly, even for less experienced traders. This suite helps in recognizing trading opportunities, making data-driven decisions, and enhancing overall trading performance.

Go to TopFX Official Website

Trading on MT4 Mobile App

Comprehensive Control

The mobile app allows complete control over trading accounts, with the ability to execute all order types and access extensive analysis tools.

Analytical Options

Includes 3 types of charts, over 30 technical indicators, and 24 analytical objects to aid in detailed market analysis.

Accessibility to Signals

Integrates Trading Central signals to provide actionable trading insights directly on the mobile platform.

Open an MT4 account

Getting Started with TopFX MT4

The process to start trading on MT4 is streamlined:

1. Open a Live or Demo account based on your trading requirements.
2. Download the MT4 platform from the TopFX client area or directly from mobile app stores.
3. Install the platform and enter the login details provided by TopFX to access live or demo trading environments.

The TopFX MT4 platform is tailored for traders who value a mix of traditional and innovative trading tools. Its robust functionality combined with user-friendly features makes it a preferred choice for traders around the globe, ensuring a seamless and efficient trading experience whether at home or on the move.

Open an account with TopFX

Account Types offered by TopFX

TopFX offers three distinct account types tailored to accommodate various trading preferences and levels of experience, ensuring every trader receives institutional-grade trading conditions and a transparent, fair trading environment.

Go to TopFX Official Website

Zero Account

Ideal for traders who prefer not to pay separate commissions, the Zero Account integrates all trading costs into the spreads, which start from 1 pip. This account offers the flexibility of trading in USD, EUR, or GBP, with leverage up to 1:1000 and trade sizes ranging from 0.01 to 100 lots. It charges no commissions and requires a $500 minimum deposit for MT4, with no minimum specified for cTrader users. Features include $1.00 per $200,000 cTrader cashback, the ability to use scalping, hedging, and EAs/robots, and availability of Islamic accounts. This account is accessible on both cTrader and MT4 platforms.

Open a Zero account

Raw Account

The Raw Account caters to intraday traders and scalpers, offering spreads as low as 0.0 pips and a transparent commission of $2.75 per side per lot. Available currencies include USD, EUR, and GBP, with the same leverage and trade size options as the Zero Account. The minimum deposit is $5,000 for both cTrader and MT4. This account also supports scalping, hedging, and the use of EAs/robots, and allows for Islamic account configurations. Like the Zero Account, it is available on both cTrader and MT4.

Open a Raw account

VIP Account

Designed for high-volume traders who seek the most favorable trading conditions, the VIP Account provides spreads starting at 0.2 pips and zero commission charges. The required minimum deposit is $50,000 for both trading platforms, and it offers a reduced cTrader cashback rate of $1.00 per $100,000 traded. Trading options and platform access are consistent with the other accounts, including full support for scalping, hedging, EAs/robots, and Islamic accounts.

Open a VIP account

Common Features Across All Accounts

All TopFX accounts are set up with a no dealing desk execution model to avoid any conflict of interest. Other universal features include stop out levels of 35% on MT4 and 30% on cTrader, top-notch liquidity provided by TopFX for sharp execution, and the option to trade on either the cTrader or MT4 platforms. All accounts are regulated and compliant with standard financial regulations.

Open an account with TopFX

Islamic Accounts

For traders adhering to the Muslim faith, TopFX offers the option to convert any trading account to an Islamic Account, which incurs no swap or rollover interests on overnight positions, in line with Shariah law.

Open an Islamic account

Opening Your Account

To open a live account with TopFX, the process involves filling out the registration form, verifying your identity and residence, and funding your account. This streamlined process is designed to facilitate quick access to the trading environment.

Each account type at TopFX is structured to provide specific benefits, catering to different trading styles and preferences, thus offering traders a broad range of options to suit their trading needs.

Go to TopFX Official Website

Trading Conditions of TopFX

TopFX offers a robust trading environment designed to cater to traders of all experience levels, backed by a decade of expertise as a Liquidity Provider. Here’s a detailed breakdown of the trading conditions provided by TopFX:

Pricing and Accounts

Forex

Traders can engage with 60 currency pairs, experiencing ultra-tight spreads starting from 0.0 pips in the RAW account and 0.5 pips in the ZERO account.

Indices

Access to 14 global indices is available with spreads beginning at 0.4 pips, and a commission of $2.75 per lot. Alternatively, traders can choose an account with an all-inclusive spread.

Shares & ETFs

Over 500 Share CFDs can be traded with no commission and tight spreads.

Commodities

Options include trading CFDs on Gold or Brent oil with spreads from 3 pips, using either a RAW or ZERO account.

Invest in CFD markets

Leverage & Risk Management

Maximum Leverage:

Forex

Up to 1:500

Indices and Metals

Up to 1:200

Shares & ETFs

Up to 1:20

Energies

Up to 1:200

Cryptocurrencies

Up to 1:10

Leverage allows traders to open larger positions than their actual capital would permit. While this can increase profit potential, it also raises the risk of amplified losses.

Trade with the 1:500 Leverage

Execution Quality and Stability

No Dealing Desk Intervention

Orders are automatically filled, ensuring no interference in execution. This guarantees a fair trading environment with no artificial slippage, requotes, or price manipulation.

Execution Speed

Most orders are executed within 30 milliseconds, a testament to the optimized trading infrastructure designed to reduce latency.

Execution Stability

Traders benefit from the same level of execution stability offered to institutional clients, characterized by stable, uninterrupted price feeds and no downtime, gaps, or spikes.

TopFX’s commitment to providing institutional-grade trading conditions ensures that all traders, regardless of their account size or experience level, receive unbeatable pricing and efficient service. This infrastructure aims to facilitate effective trading strategies and enhance overall trading performance.

Open an account with TopFX

Financial Markets available on TopFX’s Platforms

TopFX offers a broad spectrum of financial markets, providing traders the opportunity to engage with over 600 assets under institutional-grade conditions and competitive pricing. Here’s an overview of the diverse markets available for trading:

Forex

TopFX provides traders access to 60 Forex pairs including major, minor, and exotic currencies. With a commitment to maintaining high-quality services, TopFX ensures industry-leading prices and sharp execution. Forex trading at TopFX features spreads starting from 0.0 pips and an average execution time of below 20 milliseconds. Leverage can reach up to 1:500, and trading is supported on both MT4 and cTrader platforms, catering to a range of trading preferences from Sunday night through Friday evening.

Invest in Forex with TopFX

Shares

TopFX enables trading over 500 global Share CFDs, allowing traders to speculate on both rising and falling markets. Popular stocks include giants like Apple, Amazon, and Facebook. Share trading through TopFX features competitive spreads, zero commissions, and leverage up to 1:20. Share CFDs are available on the cTrader platform, known for its reliable order execution and advanced trading tools.

Invest in Stocks with TopFX

Indices

TopFX traders can access 15 major stock Index CFDs such as the DAX, FTSE, NIKKEI 225, and S&P 500. Index trading offers an efficient gateway to the global equities market without the need to focus on individual stocks. TopFX offers tight spreads, zero commissions, and flexible leverage options up to 1:200 on both MT4 and cTrader platforms, allowing traders to manage their exposure effectively.

Invest in Indices with TopFX

Cryptocurrencies

Traders can engage with over 20 Crypto CFD pairs at TopFX, such as Bitcoin, Ethereum, Litecoin, and Ripple against fiat currencies. This market allows traders to capitalize on the price movements of cryptocurrencies without needing a crypto wallet, thus avoiding the associated security risks. Cryptocurrency trading at TopFX is supported with leverage up to 1:10 and is available on the cTrader platform, which offers robust technical analysis and trading tools.

Invest in Cryptocurrencies with TopFX

Metals

TopFX also offers the trading of precious metals such as Gold, Silver, and Palladium against the US Dollar and Euro. Metal trading at TopFX features low spreads and commissions, with options for both the RAW and ZERO accounts, and leverage up to 1:200. Traders can engage with these commodities on both MT4 and cTrader platforms.

Invest in Metals with TopFX

Energies

The platform provides opportunities to trade CFDs on essential energy commodities like WTI, Brent Crude Oil, and Natural Gas. Energy trading at TopFX comes with low spreads and high leverage options up to 1:100, allowing significant market exposure. Trading is supported on both MT4 and cTrader, which offers fast and reliable order execution.

Invest in Energies with TopFX

ETFs

Lastly, TopFX offers CFDs on 18 iShares ETFs, which track various asset baskets. ETF trading at TopFX is featured with tight spreads, zero commissions, and leverage up to 1:20. It’s available on the cTrader platform, renowned for its detailed market analysis capabilities.

Invest in ETFs with TopFX

TopFX furnishes a rich trading environment across a variety of markets, enabling traders to diversify their portfolios and utilize different strategies, including manual trading, using robots, and copy trading. The integration of leading platforms like MT4 and cTrader ensures that traders at all levels find a user-friendly and technologically advanced interface to execute their trades efficiently.

Open an account with TopFX

Copy Trading Feature of ToFX

TopFX offers a copy trading service that allows users to automatically replicate the trades of other successful traders. This service is designed to benefit both novice and time-constrained traders by providing access to pre-tested strategies and alleviating the need to develop and execute trades manually.

Features of TopFX Copy Trading:

Spreads and Assets

The service boasts competitive conditions such as spreads from 0.0 pips and offers a wide range of over 1000 assets across seven different asset classes.

Execution Speed

Trades are executed swiftly, typically in less than 30 milliseconds, ensuring timely entries and exits.

Choice of Strategies

There are over 500 strategies available for copying, giving traders numerous options to find strategies that align with their risk and return preferences.

Start Copy Trading with TopFX

Steps to Start Copy Trading on TopFX:

1. Step 1: Open a live trading account and fund it using one of the various fee-free payment methods available.
2. Step 2: Log in to your client area and download either the cTrader or MT4 trading platform, depending on your preference.
3. Step 3: For MT4 users, choose a Master account to follow and coordinate with the support team to initiate copying. For cTrader users, use the platform to select and start copying a strategy directly through the Copy tab.

Go to TopFX Official Website

Platforms Available

cTrader Copy

Allows for full control over the copy trading process, including filtering strategies by various metrics like ROI, strategy age, and popularity. It also offers detailed analytics on strategy performance and the ability to easily manage funds.

MT4 PAMM

Utilizes a Percentage Allocation Management Module where a Master account manages trades for multiple sub-accounts. Trades and their respective gains or losses are mirrored proportionally across all linked accounts.

Start Copy Trading with TopFX

Benefits of Using cTrader for Copy Trading:

Flexibility

You can start and stop copying strategies at any time with just a click.

Transparency

Complete visibility into strategy performance metrics and historical data.

Risk Management

Offers features like separate copy trading accounts and the option to set equity stop losses for individual strategies.

Mobility

The cTrader mobile app enables users to manage copy trading on the go, providing access to all necessary functions and analytics.

Go to TopFX Official Website

For Strategy Providers

TopFX also supports traders who wish to share their strategies. By becoming a Strategy Provider, traders can earn additional revenue from fees paid by their followers. The platform simplifies the process of sharing strategies, providing access to a large pool of potential copiers and minimizing the latency between trade execution and copy.

This service is ideal for those looking to leverage the expertise of experienced traders without the need to actively manage every trade, thus providing a potentially profitable and time-efficient trading solution.

Provide your strategies through TopFX

Funding Methods

TopFX provides a variety of deposit methods to fund your trading account, ensuring flexibility and security for your investments. Here’s a detailed overview of how you can fund your account and the specifics of each method:

Multiple Deposit Options:

Credit and Debit Cards

Visa and Mastercard are accepted for quick and straightforward deposits.

Bank Transfers

Includes SEPA and general bank wire transfers, which are reliable though processing times may vary.

Digital Wallets and Online Payments

Options like Apple Pay, PlusDebit, DivePay, DragonPay, MPesa, and fasapay cater to diverse geographical and user preferences, offering convenience and rapid transaction speeds.

Log in to the Client Portal

Key Features of Depositing Funds with TopFX

No Deposit Fees

TopFX does not charge any fees on deposits, though you should be aware that your bank or payment provider may impose their own charges.

Minimum Deposit Requirement for Wire Transfers

Deposits less than 50 EUR/USD via bank wire will be returned to the originating account, with the client covering any associated costs.

Security of Funds

All client funds are held in segregated accounts at reputable banks, ensuring that they are not used for the company’s operational expenses.

Account Matching

Deposits must be made from an account that matches the name on your TopFX trading account, as third-party payments are not accepted.

Open an account with TopFX

Depositing Process

1. Access: Sign into the TopFX Client Area.
2. Selection: Choose your preferred payment method.
3. Information: Enter the necessary details such as account number, deposit currency, and amount.
4. Confirmation: Complete the payment on the provider’s page.

Log in to the Client Portal

Withdrawal Information

First Two Withdrawals Free

The first two withdrawals each month do not incur fees. From the third withdrawal within the same month, regular fees apply.

Bank Wire Withdrawals

No fees are charged for amounts over 100 USD/EUR. For smaller amounts, a flat fee of 10 EUR/USD is applied.

Withdrawal Method

Funds must be withdrawn using the same method as the deposit.

Processing Times

Withdrawal requests are processed within one business day, but it might take longer for funds to appear in your account depending on the payment provider.

This comprehensive setup ensures that traders can manage their funds efficiently and securely, with a variety of options tailored to their needs.

Go to TopFX Official Website

How to Open an Account with TopFX: A Comprehensive Guide

Opening a trading account with TopFX is streamlined and straightforward, designed to integrate new traders into its platform efficiently, providing access to over 600 assets including Forex, indices, shares, and more, under professional-grade trading conditions. Here’s your step-by-step guide on how to set up your trading account with TopFX, a trusted liquidity provider since 2010.

Step 1: Choose Your Account Type

TopFX offers different account types to suit various trading needs and preferences:

Zero Account

Ideal for beginners or those who prefer commission included in the spread. No minimum deposit for cTrader, $500 for MT4.

Raw Account

Best for day traders and scalpers, featuring spreads from 0.0 pips and a commission of $2.75 per side per lot. Minimum deposit is $5,000.

VIP Account

Tailored for high-volume traders, offering lower spreads from 0.2 pips and zero commission, with a minimum deposit of $50,000.

Each account type is available on both MetaTrader 4 (MT4) and cTrader platforms, providing flexibility in choosing the trading environment that best fits your strategy.

See Available Account Types

Step 2: Register and Verify Your Account

1. Registration

Visit the TopFX website and click on the sign-up link. Fill in the registration form with your personal details such as your name, email, and phone number, and then create your account.

2. Verification

To complete the setup, you will need to verify your identity and residence. This typically involves uploading a government-issued ID (passport, driving license) and a recent utility bill or bank statement as proof of address.

Go to the Registration Page

Step 3: Deposit Funds

TopFX supports a wide array of deposit methods including VISA, Mastercard, SEPA, bank transfer, and digital payments like Apple Pay and various regional options. Here’s how to fund your account:

1. Login to the Client Area

Once your account is verified, log into your secure client area.

2. Select a Payment Method

Choose the deposit method that suits you best. TopFX offers multiple secure options without any deposit fees.

3. Complete the Payment

Enter the necessary details such as deposit amount and currency, and follow the prompts to complete the transaction.

Make a deposit to TopFX

Additional Information:

Security of Funds

Rest assured that all client funds are held in segregated accounts at reputable banks, ensuring that they are protected and managed with the highest level of security.

Trading Platforms

You can trade using MT4, known for its user-friendliness and robust features, or opt for cTrader, which offers a sleek interface and rapid execution times.

No Dealing Desk Intervention

TopFX guarantees that all trades are executed with no dealer intervention, ensuring fair and transparent pricing.

Go to TopFX Official Website

Step 4: Start Trading

Once your account is funded, you are ready to trade. You can access over 600 tradeable assets across various markets with advanced tools and features provided by both MT4 and cTrader platforms. Whether you are interested in manual trading, using robots, or copy trading, TopFX has the capabilities to support all trading styles.

Opening an account with TopFX is a gateway to trading with one of the industry’s leading liquidity providers, offering low spreads, high-speed execution, and exceptional customer support. Follow these straightforward steps, and you can start trading with confidence knowing you’re backed by institutional-grade infrastructure and comprehensive regulatory oversight by the Seychelles Financial Services Authority (FSA). Whether you’re a beginner or an experienced trader, TopFX caters to all with its versatile account options and top-notch trading platforms.

Go to TopFX Official Website