Founded in 2010, ETO Markets is a forex and CFD forex broker based in Sydney, Australia, providing online solutions for retail and institutional investors in over 100 countries. It is regulated by the AISC and offshore regulated by the FSA. Besides, it offers many live accounts with acceptable minimum deposit requirements and flexible leverage up to 1:500, through MT4, MT5, and CRM APP. However, many residents from some countries and regions have no access to trade with them.

Pros and Cons

Is ETO Markets Legit?

ETO Markets isregulated by the Australian Securities and Investments Commission (ASIC) and offshore regulated by the Seychelles Financial Services Authority (FSA).

	The Australian Securities and Investments Commission (ASIC)
Regulatory Status	Regulated
Regulated by	Australia
Licensed Institution	ETO GROUP PTY LTD
Licensed Type	Market Making (MM)
Licensed Number	000420224

	The Seychelles Financial Services Authority（FSA）
Regulatory Status	Offshore Regulated
Regulated by	Seychelles
Licensed Institution	ETO Markets Limited
Licensed Type	Retail Forex License
Licensed Number	SD062

What Can I Trade on ETO Markets?

ETO Markets offers 50+ forex, energies, commodities, precious metals, indices, cryptos and stock CFDs.

Account Type

Opening an account with ETO Markets involves five steps, during which you can provide your personal information.

ETO Markets offers four kinds of live accounts: the Pro, Basic, Prime and STD accounts with the minimum deposits of $100.

Leverage

ETO Markets charge the maximum leverage of 1:500 for each account. Besides, it also provides flexible leverage ratios for various trading products:

It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

ETO Markets Fees

Trading Platform

ETO Markets offers a range of trading platforms for their traders including MT4, MT5, and CRM APP.

TopFX Information

TopFX is a broker that specializes in access to 600+ CFDs on forex, indices, shares, metals, energies, ETFs, and cryptocurrencies. The broker also provides up to 1000x max leverage and a demo account. The minimum spread is from 0.0 pips. Traders can also access the MT4 and cTrader trading platforms through TopFX.

Pros and Cons

Is TopFX Legit?

TopFX is authorized and regulated by the Cyprus Securities and Exchange Commission(CYSEC) with license No.138/11. The license type is Market Making(MM), making it safer than unregulated.

What Can I Trade on TopFX?

TopFX offers various market instruments, including forex, indices, shares, metals, energies, ETFs, and cryptocurrencies.

Account Type

TopFX has three live account types: Zero, Raw, and VIP. Traders who want low spreads and don't mind commission can choose a Raw account, while those with a sufficient budget can open a VIP account.

In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

TopFX Fees

The spread starts from 0.0 pips and the commission is from zore. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

Traders can conduct financial activities in MT4 and cTrader, available on Windows, Android, and iOS through TopFX. Investors can trade on mobile and tablet with the TopFX cTrader app and MT4. cTrader also supports Desktop & web versions.

Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).

Deposit and Withdrawal

The first deposit amount is no limit. TopFX accepts bank payments, electronic payments, and QR payments for deposits and withdrawals. Electronic payments and QR payments can receive funds instantly, while bank payments can be processed within 5 days.