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TopTradePro Broker Review

TopTradePro Broker Review
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TopTradePro is an unlicensed forex broker located offshore in the Marshall Islands. Through our honest TopTradePro review below, you will find all the information you need, as well as specific advantages and disadvantages of trading with this forex broker.
TopTradePro is an unlicensed forex broker located offshore in the Marshall Islands. Through our honest TopTradePro review below, you will find all the information you need, as well as specific advantages and disadvantages of trading with this forex broker.
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  1. TopTradePro is an unlicensed forex broker located offshore in the Marshall Islands. Through our honest TopTradePro review below, you will find all the information you need, as well as specific advantages and disadvantages of trading with this forex broker.

  2. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    Your capital is at risk
  3. TopTradePro Special features

    You will find six different account types available, sorted based on the minimum deposit and extra features provided. TopTradePro also offers an Islamic Account and a Joint Account, which can be accessed by contacting the broker directly.

    The minimum deposit to open an account with TopTradePro is $250. This is no surprise, as this is the most common amount required from most forex brokers.

    Tip: With IQ Option, a regulated and award-winning broker, you can open an account with only $10.

    toptradepro review

    The problem with the TopTradePro account types is that the information given is incredibly vague. For example, the broker mentions nothing about spreads, leverage or the minimum investment amount. This shows lack of transparency and is an immediate red flag with TopTradePro. In addition, the forex broker offers traders too many bonuses – which should always be taken into caution. Keep in mind that regulated brokers are not allowed to offer trading bonuses, as they are often misleading and require impossible amounts of profitable trades to withdraw them.

    Take a look at all TopTradePro account types below.

    Demo Account

    Unfortunately, TopTradePro does not offer any demo account. This is an instant disadvantage, because a demo account is an excellent way to practice your trades risk-free and test out a broker’s platform before investing any real money. If you are a beginner, we strongly recommend choosing a broker that offers a free demo account, like IQ Option, so you can test the waters before making your first deposit.

    Basic Account ($250)

    • $250 minimum deposit
    • 20% welcome bonus
    • 24/5 support
    • Education center
    • Daily market review
    • PRO webinars
    • Price Alerts

    Bronze Account ($1,000)

    • $1,000 minimum deposit
    • 30% welcome bonus
    • 24/5 support
    • Education center
    • Daily market review
    • PRO webinars
    • Price Alerts
    • Intro session with trading expert

    Silver Account ($2,500)

    • $2,500 minimum deposit
    • 40% welcome bonus
    • 24/5 support
    • Education center
    • Daily market review
    • PRO webinars
    • Price Alerts
    • Intro session with trading expert

    Gold Account ($10,000)

    • $10,000 minimum deposit
    • 60% welcome bonus
    • 24/5 support
    • Education center
    • Daily market review
    • PRO webinars
    • Price Alerts
    • Intro session with trading expert
    • 3 – 4 fixed spreads on major currency pairs
    • CFDs
    • Strategic analyst – private session

    Platinum Account ($25,000)

    • $25,000 minimum deposit
    • 80% welcome bonus
    • 24/5 support
    • Education center
    • Daily market review
    • PRO webinars
    • Price Alerts
    • Intro session with trading expert
    • 3 – 4 fixed spreads on major currency pairs
    • CFDs
    • Strategic analyst – private session

    Black Account ($100,000)

    • $100,000 minimum deposit
    • 100% welcome bonus
    • 24/5 support
    • Education center
    • Daily market review
    • PRO webinars
    • Price Alerts
    • Intro session with trading expert
    • 3 – 4 fixed spreads on major currency pairs
    • CFDs
    • Strategic analyst – private session
    • Exclusive position access

    Islamic Account

    TopTradePro gives traders of the Islamic faith the choice to open a separate account – known as Islamic Account – that complies with Sharia law. This is a swap-free account which you can request by contacting the broker directly.

    Joint Account

    Finally, TopTradePro offers traders the option of opening a Joint Account, which is an account shared by two or more investors. Like the Islamic Account, this will need to be requested directly by contacting the broker.

  4. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  5. Become an IQ Option trader today

    Join IQ Option and become a trading master! IQ Option is a world-famous regulated broker that takes your trading to the next level. It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. The best part? You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review.

  6. TopTradePro Trading software

    By trading with TopTradePro, you will be able to trade CFDs in:

    • Forex – major and minor currency pairs (ex. EUR/USD, GBP/USD, USD/JPY etc.)
    • Stocks – CFDs in major company stocks like Apple. Coca Cola, Starbucks etc.
    • Crypto – major and minor cryptocurrencies including Bitcoin, Ethereum, Litecoin and more
    • Indices
    • Commodities – wheat, sugar, coffee etc.

    AVTIV8 Trading Platform

    Now, you will be trading these underlying assets on the ACTIV8 trading platform, which is a platform created by Leverate (the developer of Sirix). AVTIV8 is a good choice of trading platform, with nice charting and technical analysis indicators. The ACTIV8 platform also offers a “strategies” section with a selection of EA/bots, as well as a “master’s” section.

    ACTIV8 is a web-based trading platform, which means investors will be trading online – with no need to download or install any extra software.

    ACTIV8 trading platform

    However, we were disappointed that TopTradePro does not offer the popular MetaTrader 4 platform (MT4) – even though they do mention it on their website. MT4 is one of the most popular and sought – after forex trading platforms online, but caters to more advanced traders. Usually, brokers that offer MetaTrader 4 have a second option for beginners.

    TopTradePro’s AVTIV8 platform can be used by beginners in trading.

  7. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  8. TopTradePro Support information

    If you have any questions, problems or requests, you can contact the TopTradePro customer support team through email, phone or the online contact form on their website. There is no live chat available. TopTradePro claims their customer support team is available 24/5.

    Email: [email protected]
    Phone number: +442080894279

    The company is owned and operated by Ideas in Motion LTD with the registration address Trust Company Complex, Ajeltake Road, Ajeltake Islands, Majuro, Republic of the Marshall Islands MH 96960. The registration number provided is 92591.

  9. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  10. TopTradePro Payment Methods

    The minimum deposit to begin trading with TopTradePro is $250. You can make your deposit via:

    • Credit/debit card (Visa, MasterCard)
    • Bank wire transfer
    • VPay
    • Skrill

    There is no mention of withdrawal methods on the website, but these are usually linked directly to the method you chose to deposit with. TopTradePro does not provide any information on how much time it takes to withdraw your funds.

    TopTradePro Pros & Cons

    Through our TopTradePro review, we were disappointed to uncover many more disadvantages than we did advantages of trading with this broker. You can see a list of all TopTradePro advantages and disadvantages below to help you make your decision of whether to trade with this company or not.

    Pros:

    • AVTIV8 satisfactory trading platform with variety of assets

    Cons:

    • No license or regulation
    • Offshore broker
    • No transparency (does not offer basic information on trading conditions or withdrawals on their website)
    • No demo account
    • No MetaTrader 4 (the most popular trading platform)
  11. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  12. Your capital is at risk
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