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TOPTIER TRADER

Official Certification
country-flagUnited States
Forex Broker
10-15 Year
Current Enterprise Rating

5.00

Industry Rating
a

Basic Information

Full Name Of The Enterprise
Full Name Of The Enterprise
TOPTIER TRADER
Country
Country
United States
Enterprise Classification
Enterprise Classification
Registration Time
Registration Time
2013
Business Status
Business Status
Active

Regulatory Information

Enterprise Evaluation/Exposure

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5.00

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TOPTIER TRADER Enterprise Introduction

General Information

TopTier Trader Was Founded By Two Of The Most Prolific Traders In The Industry, Cue Banks And Anthony Of Anthony's World, Who Embarked On A Journey To Help Alleviate The Problems Traders Face When It Comes To Trading Challenges.

TopTier Trader Is A Company Looking For Experienced Traders To Join The TopTier Traders Family.

To Determine If A Trader Has What It Takes To Become A TopTier Trader, TopTier Trader Has Created A 2-level Evaluation Process. Upon Successful Completion Of The Assessment, Traders Are Offered An Internship With TopTier Proprietary Trading, Where They Can Manage Virtual Funds Remotely And Continuously Grow Demo Accounts Through Expansion Programs. As A TopTier Trader, You Are Eligible To Keep 90% Of The Virtual Profits You Generate On Your Demo Funds Account.

Is TopTier Trader An Assessment Company?

The Short Answer Is Yes. But What Is An Assessment Company?

Trading Assessment Companies Provide Traders With Demo Funds To Implement Their Market Strategies, Earning A Portion Of Any Virtual Profits Generated.

Contrary To Traditional Companies, TopTier Trader Stands Out By Offering A Remote Evaluation Program At A Lower Registration Cost, Making It Accessible Worldwide. The Key Criterion For Admission Is The Ability Of Traders To Demonstrate Profitable Strategies.

Additionally, TopTier Trader Increases The Likelihood Of Success On The Platform By Allocating All Traders With Demo Balances On The Demo Account To Diversify Their Trading Data.

How To Get Started?

Steps To Become A TopTier Trader, Becoming A TopTier Trader Is As Easy As 1-2-3. Follow The Steps Below To Register And Become The Next TopTier Trader!

1. Go To The Challenge Section On The Home Page.

2. Select The Challenge Size You Would Like To Participate In.

3. Proceed To Checkout And Pay For The Challenge. You Can Pay By Credit/debit Card Or Cryptocurrency.

4. Depending On Your Payment Options, You Will Receive Your Account Credentials Within Minutes To Hours And Be Able To Access The Trading Platform And Dashboard. Payments Made Via Coinbase Commerce Orders Must Be Confirmed On The Blockchain Before The Order Can Be Completed.

Account Creation

How Soon Can You Receive Your Account?

After Completing Payment, It Takes Less Than 5 Minutes To Process The New Challenge Account And Send Your Details.

If You Still Haven't Received Your Account After 5 Minutes, Be Sure To Check Your Email Spam Or Promotions Folder. If You Still Haven't Found Your Details And Received A Confirmed Purchase Notification, Please Contact Our Support Staff Via Live Chat Or Email.

However, Tier 2 Account Creation Takes 36 - 48 Working Hours To Complete, As Automated Account Reviews Are Completed Within That Time Frame To Ensure There Are No Violations On The Account.

Please Note That You Can Only Have One Account Under One Email Address. Creating An Account Under Multiple Email Addresses May Result In A Delay In The Issuance Of Your Funds Account Or May Be Banned By The Platform.

Products & Services

-Challenges : 2-stage Evaluation Process To Identify Skilled Traders To Join TopTier Trader's Proprietary Company. Use The Extension Program To Remotely Manage Virtual Funds And Grow Your Demo Account.

Phase 1 With 8 Or 10% Profit

1. Prove Your Skills And Discipline By Adhering To Demo Trading Objectives.

2. Increase Your Demo Account To Target Amount.

3. Achieve Your Goal Within The Drawdown Limit Of The Demo.

4. Adhere To The Demo Trading Rules.

5% Profit In The Second Phase

1. Reach The Target And Maintain Your Virtual Profit Level For Validation During The Final Evaluation Period.

2. Maintain Profitability And Minimize Losses.

3. Ensure Consistency And Discipline In Trading.

4. Adhere To The Demo Trading Rules.

Receipt Request: How Do I Submit A Collection Request?

In Order To Request A Withdrawal, You Must Not Only Be Eligible For A Withdrawal, But Also Submit A Request From Your Trader Dashboard. Please Note That To Be Eligible For A Collection, You Must Meet The Following Conditions:

First Collection Request

1. 14 Or 30 Days After The Account's First Transaction, Depending On The Account Type

2. No Active Transactions On The Account

Follow-up Collection Requests

1. 14 Days After The First Transaction After The Last Payment Of The Account

2. No Active Transactions On The Account

How To Receive Payments

Bitcoin

Rise

Receipts Will Be Processed Within 1 Business Day After Receiving The Trader's Confirmation On The Amount And Details Of The Collection.

Rise Payments Will Require The Trader To Have A Rise Account. Therefore, You Need To Create A Rise Account Under The Email Registered On The TopTier Trade Platform In Order For Us To Issue Payments To You.

As Of November 15, TopTier Trade Will No Longer Be Able To Issue Receipts Through Rise To Residents Of The Following Areas:

Iowa (IA)

Louisiana (LA)

Minnesota (MN)

South Carolina (SC)

Vermont (VT)

Washington (WA)

Puerto Rico (PR)

Guam (GU)

If You Are Located In One Of These Areas, TopTier Trade Will Continue Support For Payments Via Cryptocurrency.

Please Note That You Will Be Responsible For Processing Any Transaction Fees Incurred By Your Collections. Your Account Will Also Be Read-only Until Your Withdrawal Is Completed.

Payments Will Only Be Made To Accounts That Have Been Fully Verified By TopTier Trade's Verification Partner Sumsub For Their KYC.

Please Note That Under No Circumstances Will You Be Eligible For Payment If You Break Through Your Funding Account, Regardless Of The Profitability Of The Funding Account.

Trading Limits: Are There Any Restrictions On My Trading?

Although TopTier Trader Tries Not To Limit The Trader Style Of TopTier Trader, TopTier Trader Considers Certain Strategies To Be "cheating" Because They Provide An Unfair Advantage By Manipulating Demo Accounts. Any Trader Caught Using A Strategy That We Believe Is Prohibited (not Limited To The Strategies Described On This Page) Will Have Their Challenge Or Capital Injection Account Stolen As They Violate TopTier Trader's Terms Of Use Policy.

Here Are Some Of The Prohibited Strategies And Definitions:

Grid Trading

Grid Trading Is A Strategy In Which A Trader Takes Advantage Of Hedging Positions From One Account To Another In Order To Guarantee A Profit On At Least One Account.

Delayed Arbitrage

Delayed Arbitrage Is A High-frequency Trading Strategy Used In Financial Marekt To Take Advantage Of Price Differences Caused By Differences In Order Execution Speed Across Various Trading Platforms Or Exchanges.

Reverse Arbitrage

Reverse Arbitrage, Also Known As Reverse Merger Arbitrage Or Negative Spread Arbitrage, Is A Trading Strategy That Involves Taking Advantage Of Price Differences In Related Financial Instruments. Unlike Traditional Arbitrage, In Which Traders Take Advantage Of Price Differences Between The Same Or Similar Assets, Reverse Arbitrage Involves Betting On Perceived Mispricing In The Market.

Tick Scalping

Tick Scalping Is A Trading Strategy Used In Financial Marekts Where Traders Aim To Profit From Small Price Movements Known As "ticks". In Beating Point Scalping, A Trader Executes A Trade For A Short Period Of Time, Often Holding A Position For Only A Few Seconds Or Minutes.

Account Management

An Account Management Violation Occurs When A Trader Engages In Unauthorized Or Fraudulent Activity By Using Two Or More Accounts Unrelated To Them To Trade Under Different Names Or Individuals.

Signal Trading

Signal Trading, Also Known As Copy Trading Or Social Trading, Is A Practice In Which A Trader Copies The Trading Strategies Or Positions Of Other Investors Or Trading Experts.

High Frequency Trading

High Frequency Trading (HFT) Is A Trading Strategy That Involves The Execution Of A Large Number Of Trades In A Very Short Period Of Time.

The Trade Duration Of Most Executed Trades Is Expected To Last At Least 1-2 Minutes.

Traders Should Not Engage In Significantly High Volume Per Hour

Martingale Trading

Martingale Trading Is A Strategy In Which Traders Increase The Nominal Volume Of Their Positions After Each Trade, With The Aim Of Making Up For Previous Losses Or Increasing Gains Through Subsequent Trades.

Martingale's Assessment Does Not Take Into Account The Placed Symbol/asset Position

Nominal Volume (USD) = Number Of Lots Traded × Contract Size × Price Of Underlying Asset

Hedging Between Accounts

Inter-account Hedging Refers To A Risk Management Strategy In Which A Trader Offsets Potential Losses In One Account By Taking Opposite Positions In Another Client Account.

Guaranteed Limit Order

A Guaranteed Limit Order Is A Trade Order That Provides A Trader With Certainty About The Price At Which A Trade Is Executed.

Data Feed Operations

Data Feed Manipulation Refers To The Deliberate Alteration Or Distortion Of Financial Marekt Data Transmitted To Traders And Investors Through Data Feeds.

Trading On A Delayed Chart

Trading On A Delayed Chart Refers To Making Trading Decisions Based On Non-current Or Real-time Price Data. Instead Of Accessing Real-time Market Data, Traders Rely On Charts And Price Information That Are Delayed For A Certain Period Of Time, Which May Range From A Few Seconds To Minutes Or More.

Macroeconomic Trading During High-impact Reporting Periods And Trading At Unrealistic Prices Due To Volatility

Macroeconomic Trading During High-impact Reporting Periods Involves Making Trading Decisions Based On Key Economic Indicators Or The Release Of Reports

TOPTIER TRADER Enterprise Security

https://www.toptiertrader.com/
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Risk Statement
Finance.Wiki reminds you that the data contained in this website may not be real-time or accurate. The data and prices on this website may not be provided by the market or exchange, but may be provided by market makers, so the prices may not be accurate and may differ from the actual market prices. That is, the prices are only indicative prices, reflecting market trends, and are not suitable for trading purposes. Finance.Wiki and the providers of the data contained in this website are not responsible for any losses caused by your trading behavior or reliance on the information contained in this website.
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Risk Statement
Finance.Wiki reminds you that the data contained in this website may not be real-time or accurate. The data and prices on this website may not be provided by the market or exchange, but may be provided by market makers, so the prices may not be accurate and may differ from the actual market prices. That is, the prices are only indicative prices, reflecting market trends, and are not suitable for trading purposes. Finance.Wiki and the providers of the data contained in this website are not responsible for any losses caused by your trading behavior or reliance on the information contained in this website.