Top-Market.Io Review – Do Not Deal With top-market.io Scam

Is Top-Market.Io a Scam Broker?

In their legal documents, this broker states that the court in Estonia is responsible for resolving disputes. It could be a broker’s address, but Finantsinspektsioon has no information on Top-Market.

We had to do our own investigation because the company did not provide any proof of its authorization. We performed a thorough analysis of the public records of brokers who are regulated. Financial regulators are responsible for monitoring firms, and they each have their own database. Top-Market is not listed in any of the following registers: FCA, ASIC, CySEC, NFA, IIROC, BaFin.

There are many reasons why people insist on Tier 1 licensing. Most importantly, the license must meet the highest standards of security in terms of risk reduction measures and the safekeeping of client capital. Top-Market is a scammer and does not allow segregated accounts, leverage restrictions to 1:30 or 1:150, or negative balance protection. Their maximum leverage level is 1:100.

Top-Market, on the other hand, is completely anonymous and does not pay attention to the transparency requirements in relation to their company background or monetary transactions. ESMA’s effectiveness is particularly evident in the EEA where it enforces MiFID – a set of special regulatory laws designed to combat money laundering.

Top-Market operates their business in a way that does not respect or adhere to any of these standards and rules. They are a single, unscrupulous and incognito organization.

Top-Market.Io Pretending to be Regulated

A good reputation will attract more future clients. Top-Market tries to build its reputation by making false promises that they will follow the MiFID directive. The Terms and Conditions document implies that the broker adheres to all MiFID standards. We can tell from their trading parameters and work ethic that this is not the case. Top-Market is an unlicensed broker.

Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.

Top Market Trading Accounts

The differences in account types are similar to the features and specifics. The basic features should be included in a package that is less expensive. Advanced and expensive packages have more options. Trading signals, improved spreads and more education are all part of this. All the features that regulated brokers provide, but for a lot less money. Top-Market may not have these options, given that they are illegal.

• Green Account: 5 000€;
• Premium Account: 15 000€;
• Platinum Account: 50 000€;
• Executive Account: 100 000€;
• Presidential Account: 250 000€.

The broker advertises several asset classes and trading instruments:

• Forex (EUR/USD, USD/CAD, CHF/JPY, NZD-PLN);
• Crypto (Bitcoin, Ethereum, Ripple, Litecoin, Polkadot);
• Indices (UK100, JPN225, ES35, DE40);
• Commodities (Corn, Sugar, Wheat, Silver);
• Stocks (Boeing, Adidas, BMW, Amazon).

Every day new scam brokers and trading bots appear on the web with only one goal – to steal your money. We have already exposed some of them, for example – UltraPrimeFX, MBChains, InsiderMark.

Top Market: Video

You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about Top Market. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about MBChains!