TriumphFX Information

TriumphFX is a No Dealing Desk (NDD) broker that offers trading in Forex, Indices, and Commodities. It supports multiple flexible trading accounts with spreads as low as 0.5 pips and leverage of up to 500x.

Pros and Cons

Is TriumphFX Legit?

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number	Current Status
	FCA	Shine Trades Limited (CY) Ltd	European Authorized Representative (EEA)	763697	Revoked
	VFSC	Triumph Int. Limited	Retail Forex LicenseStraight Through Processing (STP)	17901	Revoked
	CYSEC	Shine Trades Limited (CY) Ltd	Straight Through Processing (STP)	293/16	Suspicious Clone

What Can I Trade on TriumphFX?

TriumphFX offers various market instruments, including Forex, Commodities, and Indices.

Account Type

TriumphFX Fees

The spread of the VIP account is as low as 0.5 pips. Different accounts have varying commissions, ranging from $0 to $6.

Leverage

The maximum leverage is 1:500,meaning that profits and losses are magnified 500 times.

Trading Platform

TriumphFX supports trading via a mobile app, but does not provide third-party platforms such as MT4 and MT5.

Deposit and Withdrawal

Deposit

Deposits are supported via online bank transfers, Visa/MasterCard, Alipay, cryptocurrencies, or other methods. Deposits will be processed within 2-3 working days from the date the funds are sent from the bank account. For any deposit equal to or exceeding $500, TriumphFX will reimburse a maximum of $70 for intermediary bank fees.

Withdrawal

Withdrawal processing takes 2-5 working days, and all withdrawals are subject to intermediary bank fees ranging from $25 to $75 per transaction.

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.