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Topmax Global

United States|2-5 years|
Appointed Representative(AR)|White label MT5|Regional Brokers|

http://topmaxglobal.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
TopMaxGlobal-Demo MT5
Server Location Finland

Contact

support@topmaxglobal.com
http://topmaxglobal.com/
2275 Upper Middle Rd East, Suite 101, Oakville ON L6H 0C3, Canada.

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

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Company Name

Topmax Global Limited

Abbreviation

Topmax Global

Platform registered country and region

United States

Company website

Pyramid scheme complaint

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Topmax Global · Company Summary

Company Summary

Company profile

Official Website: https://topmaxglobal.com/ 


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Company Introduction

Founded in Canada and successful track record up to 6 years in the forex market, Topmax has made its impact touching bases in different regions worldwide.Providing exclusive service to 450,000 clients globally with the assistance of cutting edge technology. Our company influence has earned us over 25+ prestigious awards as forex brokers.


Why Trade with Topmax Global? 

TopMax Global now offers all traders the opportunity to trade a diverse selection of digital coins, forex pairs, and CFDs, available 24/7. Cryptocurrencies have gained widespread recognition, alongside traditional asset classes like Equities and Commodities. At TopMax Global, we provide competitive spreads and low transaction commissions across all markets, making it easier to profit from digital coins, forex, and CFDs. When you trade with TopMax Global, you’re speculating on price changes without the need for physical ownership. Rest assured, you’re trading with a reputable broker committed to your trading success. 

Topmax Global Limited is authorised and regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC MSB registration number: M20600626).


Market Instruments

Topmax Global offers the trading of

Cryptocurrency:

The platform offers traders access to major digital currencies such as Bitcoin, Ethereum, and Ripple. Cryptocurrencies are a virtual medium of exchange that utilize cryptographic techniques to facilitate transactions. These digital assets exist solely within the blockchain network and are accessed through unique private and public keys.


Currencies:

Topmax Global also provides traders with access to a wide range of fiat currencies, such as the US dollar, Euro, and Japanese Yen. These traditional currencies are traded on the foreign exchange (forex) market, with their values fluctuating based on factors like economic performance, interest rates, and geopolitical events.


Commodities:

Topmax Global provides traders with access to a diverse range of physical goods, including metals, agricultural products, and energy resources like oil. Commodities are traded on futures markets, and their prices can be influenced by various factors, such as supply and demand dynamics, geopolitical events, and weather conditions.


CFDs (Contracts for Difference):

The platform also offers traders the ability to speculate on the price movements of various financial instruments, such as stocks, indices, and commodities, through the use of CFDs. CFDs are derivative contracts that allow traders to profit from the price changes of the underlying asset without actually owning the asset itself.


Trade on a World Class Platform

MetaTrader 5 offers advanced trading tools and features to enhance your trading experience. Enjoy seamless execution, real-time market analysis, customizable charts, and access to a wide range of financial instruments including cryptocurrencies, forex pairs, and CFDs.


Risk Warning: Trading in Foreign Exchange, CFDs, and Equities on margin carries a high level of risk and may not be suitable for all investors. You are advised to carefully consider your investment objectives, level of experience and risk appetite before deciding to trade. Trading in CFDs and margin forex involves the risk of losing substantially more than the initial investment, and CFD investors do not own or have any rights to underlying assets. It is possible to sustain a loss of some or all of your investment, therefore you should not invest money that you cannot afford to lose. We recommend you seek professional advice from an independent financial advisor before trading on or through our platforms





Note: Topmax Globals official site - https://topmaxglobal.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information

Topmax Global Review Summary
Founded 2022
Registered Country/Region Canada
Regulation No regulation
Market Instruments Crypto, commodities
Demo Account Unavailable
Trading Platforms MT5
Minimum Deposit $100
Customer Support Email

What is Topmax Global?

Topmax Global, a trading platform that supports MT5, enables users to engage in the trading of cryptocurrencies and commodities. With a minimum deposit of $100, Topmax Global strives to provide an accessible entry point for traders interested in these markets. While it's important to note that the platform is currently not regulated, Besides, it's worth mentioning that Topmax Global does not provide demo accounts for users to practice and test their strategies. Additionally, the platform has limited contact channels available for customer support.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Pros & Cons

Pros & Cons
Pros Cons
• MT5 supported • Website is unavailable
• Acceptable minimum deposit • Not regulated
• No demo accounts
• Limited contact channels

Topmax Global Alternative Brokers

There are many alternative brokers to Topmax Global depending on the specific needs and preferences of the trader. Some popular options include:

  • XM - A flexible trading platform with low spreads and a range of trading instruments.

  • FXTM - A well-regarded broker with a range of financial instruments and flexible account types, including Islamic accounts.

  • Axi – A well-regulated and respected trading broker with a range of advanced trading tools, making it an excellent choice for professional traders seeking advanced trading capabilities.

Is Topmax Global Safe or Scam?

Topmax Global currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. Besides, the official website of Topmax Global is inaccessible, indicating that the trading platform may have absconded. These make investing with them risky.

If you are considering investing with Topmax Global, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

Market Instruments

Topmax Global offers the trading of crypto and commodities.

  • Cryptocurrencies:

The platform offers traders access to major cryptocurrencies such as Bitcoin, Ethereum, and Ripple. Cryptocurrencies are an online medium of exchange that uses cryptographic functions to transact. Cryptocurrencies only exist in the blockchain and are accessible through codes called private and public keys.

  • Commodities:

Topmax Global provides traders with access to a range of other commodities, including metals, agricultural products, and energy products like oil. Commodities are traded on the futures markets, and their values can be impacted by a variety of factors, such as supply and demand, geopolitical events, and weather patterns.

Minimum Deposit

Indeed, a minimum deposit of $100 offered by Topmax Global can be considered quite acceptable for individuals who are interested in trading crypto and commodities. This lower minimum deposit allows for greater accessibility, making it easier for a wider range of people to enter the market and start trading. However, it's important to note that the specific requirements and conditions may vary, so it's recommended to thoroughly review and understand the terms and conditions set by Topmax Global before proceeding with any transactions or investments.

Trading Platforms

Topmax Global offers its clients the popular trading platform MetaTrader 5 (MT5). MT5 is a powerful and comprehensive platform that provides numerous features and tools for traders to analyze the markets and execute trades efficiently.

One notable advantage of MT5 is its user-friendly interface, which makes it easy for both novice and experienced traders to navigate and operate the platform. It offers a customizable layout, allowing users to arrange and organize charts, indicators, and other tools according to their preferences.

The platform provides access to a wide range of financial markets, including cryptocurrencies, commodities, stocks, indices, and more. This allows traders to diversify their portfolios and take advantage of various trading opportunities within a single platform.

MT5

See the trading platform comparison table below:

Broker Trading Platform
Topmax Global MT5
XM MT4, MT5
FXTM Trading Station
Axi MT4

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Email: support@topmaxglobal.com

Conclusion

In conclusion, Topmax Global is a trading platform that offers the trading of crypto and commodities. The platform provides access to various financial markets, allowing traders to diversify their portfolios and capitalize on different trading opportunities. With its user-friendly interface and advanced charting tools, Topmax Global's trading platform, MT5, caters to the needs of both beginner and advanced traders.

However, Topmax Global has many problems. First, it doesn‘t have regulation. Second, it is because the official website of Topmax Global is inaccessible that the relevant information doesn’t be provided, which makes trade not transparent enough. Therefore, traders should verify the regulatory status of Topmax Globalor any broker they choose to work with to ensure compliance with industry standards and regulatory requirements.

Frequently Asked Questions (FAQs)

Frequently Asked Questions (FAQs)
Q 1: Is Topmax Global regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at Topmax Global?
A 2: You can contact via email, support@topmaxglobal.com.
Q 3: Does Topmax Global offer demo accounts?
A 3: No.
Q 4: Does Topmax Global offer the industry leading MT4 & MT5?
A 4: Yes. It supports MT5.
Q 5: What is the minimum deposit for Topmax Global?
A 5: The minimum initial deposit to open an account is $100.
Q 6: Is Topmax Global a good broker for beginners?
A 6: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.

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2023-10-20 17:49

In this article, we will thoroughly examine Topmax Global, evaluating its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX's aim is to equip you with the information necessary for making an informed decision about using this platform.

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2023-10-20 17:49
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