Broker News

Alert: Cloned Website Steals TopFX's Logo and Seychelles FSA Licensing Details Dec 30, 2025

The cloned site exploits a subtle domain variation, adding the letter "m", to mislead unsuspecting investors.

MetaQuotes Appoints Former TopFX Manager Rami Fleifel as Sales Manager Jul 05, 2024

Prior to joining MetaQuotes, Fleifel served as General Manager of Fondex, TopFX's cTrader-based brokerage brand.

TopFX Appoints Victor Zachariades as Chief Executive Officer May 31, 2024

Victor Zachariades succeeds Alex Karsaros as TopFX's new Chief Executive Officer.

Company Overview

About TopFX

Item: TopFX
Rating: 6

We have been providing liquidity solutions to brokers and other investment firms since 2010. Today, along with our Prime Services, we enable all types of clients to trade over 600 assets with institutional-grade conditions and first- class customer support.

Our services

For brokers and other institutional clients

Throughout our decade-long presence in the CFDs industry, we have offered superior liquidity solutions to over 180 Forex brokers, investment firms and hedge funds. Over the last years, we enhanced our offering with comprehensive packages for startups, eliminating the high barrier to entering the competitive Forex Industry.

For all types of traders

Our expertise in liquidity provision ensures that you can trade over 600 assets across Forex, Shares, Indices, Metals, Energies and other CFDs with the market's tightest spreads and razor-sharp execution.

Our trading infrastructure guarantees top performance

Ultra-reliable servers

Our partnership with Equinix, the world's largest electronic trading ecosystem, ensures optimised execution quality and minimal latency. Through the LD5 data center, you receive stable, uninterrupted price feeds without downtime, gaps or spikes.

Proprietary technology

To facilitate smooth and fast transactions, we have developed a proprietary Cashier which aggregates multiple Payment Service Providers allowing us to choose the one with the highest approval ratio. In addition, our proprietary CRM is structured to serve your needs and offers full automation and detailed reporting on all devices and operating systems.

Robust trading platforms

When it comes to how or where you trade, we are committed to offering you plenty of choices. Start trading by choosing your platform. Go for MT4, the world's most popular platform, or opt for cTrader, a sleek, reliable platform with 3ms internal processing time and 100% uptime over the past 7 years.

Tier-1 liquidity & institutional-grade execution

Multi-asset liquidity

Streaming aggregated liquidity from multiple Tier-1 institutions, TopFX offers you industry- leading spreads, and reliable execution across Forex, Indices, Metals, Energies and other CFDs.

Smart routing technology

We manage orders via Smart Order Routing, an automated process that allows us to access multiple trading venues simultaneously in search of the best price available at the time of your order. Once the best price is found, the system attempts to fill it electronically.

No dealing desk intervention

Our clients' orders are executed automatically, without human intervention, and at the best available price. Our execution model is consistent with our mission to offer traders a fair trading environment protecting them from artificial slippage, requotes or other price manipulation practices.

Your funds are protected

Licensing and regulation

We are authorised and regulated by the Seychelles Financial Services Authority (FSA). We are always committed to providing you with the highest level of security for your funds and have implemented all necessary procedures to ensure your protection.

Security of funds

All client funds are kept securely, completely separate from TopFX's own funds. TopFX adheres to strict policies and has taken all necessary measures to ensure that client funds are protected. Additionally, all company activities are reviewed on a regular basis by internal and external auditors.

Related Complaints

Q&A

Where should I submit the withdrawl request?

Dimitris

Pakistan

Feb 13, 2023

ANSWER TopFX is the tradename of Fondex Limited, a company regulated and licensed by the Seychelles Financial Services Authority (Seychelles FSA) with license number: SD037 and the the Cyprus Securities and Exchange Commission (CySEC) under licence number 138/11.As for the question you asked, we would recommend that you check the broker's official website or ask the official customer service directly for a more accurate answer. For more details on this broker, please check our TopFX review.

What leverage can be choosed in TopFX?

Patrick

Hungary

Sep 20, 2022

ANSWER TopFX is the tradename of Fondex Limited, a company regulated and licensed by the Seychelles Financial Services Authority (Seychelles FSA) with license number: SD037 and the the Cyprus Securities and Exchange Commission (CySEC) under licence number 138/11.As for the question you asked, we recommend that you ask the official customer services directly for a more accurate answer. For more details on this broker, please check our full TopFX review.

Overall Score

37 Reviews

Cost 5.8

Platforms 6.0

Deposit & Withdrawal 5.9

Customer Support 6.0

Indicates the average level of Brokers

Keywords for selection

Advanced Trading Platform Commission-Free Deposit/Withdrawal Problems Fast Deposit/Withdrawal Fast Execution Trading Conditions Powerful Tools Non-Responsive Customer Support No Withdrawal Restrictions Low Spreads Good/Professional Customer Support

37 Reviews Clear filter

Sort by

Rakesh Achilleos

0-6 months Kenya

Very excellent, low spread, excellent customer service, fast withdrawal

Sep 22, 2025

Enid Ivan

0-6 months Grenada

I will not say that TopFX is an ideal broker and works without flaws - no, but what are they good for, you can always write to support or call and get an intelligible answer. In addition, everyone has their own personal experience of communicating with brokers and it can be very different for two different people, but this broker specifically suits me with its approach to traders without multimillion-dollar capital and, of course, access to international markets that are currently inaccessible to most local brokers. I cannot call the first 2-3 months of trading successful. Still, I was mostly in the red zone. After numerous purchases and sales of securities, including with the help of an analyst, I managed to turn the tide.

Aug 01, 2025

Huxley

0-6 months Guam

minimum amount. Impressions are a little twofold. Support service hike all the time sleeping or busy - answer the second time and a couple of hours. Trading conditions were different for different platforms. Part of my fault - i didnt finish reading, but i could write this earlier. With the withdrawal of money - after the first profit, 4 days, without a hitch, all ok! Who does not agree, write in the comments, I will send the backtest on a real account (small, but there is).

Nov 17, 2023

Francis Udoh

1-3 years Togo

My trading time with Topfx has been long enough, and I can honestly say that it is definitely a broker I can trust. I have become a client at Topfx a few months ago. Based on other users' feedback and the articles about this broker, I believe that they are established and are worth my trust. It is nice that they require very low initial deposit and they process the verification very quickly. Mine only took a few hours to be completed.

Nov 14, 2023

same guy

0-6 months Gibraltar

They provide very low spreads. The transfer/withdrawal can be done immediately without any commission. I have never encountered any problems and their customer service is great. They always keep in touch with customers.

Nov 09, 2023

Ahmed Pip King

7-12 months Saipan

So far, I haven't encountered any issue with the platform, the spread, and the execution. Since I am only starting, my profit is still small but my losses are surely limited thanks to the precise stop loss feature of the platform.

Nov 06, 2023

Over 3 years Sint Eustatius

Back in 2019, I was a novice in trading. TopFX was my first ever broker, and is my only broker until today. I lost frequently at the very first time, so I wanted to minimize my losses and profited well. But I knew that my anxiousnes doesn't help at all. So I worked hard to control my emotions and traded on my own with the help of the customer support. They gave me tips on what to do when I feel like I’m starting to be too emotional. I practiced and I think I did well because I have now reached my goal.

Oct 31, 2023

Nathan

0-6 months St.Helena

Easily transfer funds to and from many financial instruments: not only foreign exchange, but also gold, silver and binary options. Many technical indicators, user-friendly interface. There is nothing better than this.

Oct 26, 2023

mohamed elmakhzni

Algeria

One of the best providers ever from all sides

Oct 23, 2023

Alan

0-6 months Greenland

For me, this broker is an ideal foreign exchange broker, especially for entry-level traders who want to bengin forex ftrading. My satisfaction comes to form their professional service and stable high tech MT4 platform in the market. As I got always fast orders execution and profitable tools.

Oct 23, 2023

1-10 of 37 comments

TopFX