TOP1 Markets Information
TOP1 Markets Is A CFD Broker Specializing In CFD Trading Services For Forex, Commodities, Indices, Stocks And Cryptocurrencies. The Broker Also Offers Four Accounts With A Maximum Leverage Of 1:1000. The Minimum Deposit Is $20. Traders Can Trade Using MT5 Through TOP1 Markets And Enjoy 24/7 Customer Support. However, Some Have Claimed That The Broker Has Withdrawal Issues.
Pros And Cons
Pros: Demo Account Available, 24/7 Customer Support Available, MT5 Available, Multiple Tradable Tools, Commission-free
Cons: Negative Reviews About Withdrawal Difficulties, High Leverage, No Specific Transfer Method, Unspecified Transfer Time And Fee Information
What Can I Trade On TOP1 Markets?
TOP1 Markets Offers A Variety Of Market Instruments Including Forex, Commodities, Indices, Stocks, Cryptocurrencies And Much More.
Account Types
TOP1 Markets Has Four Account Types: ECN, Cent, Premium Leverage And Standard. Traders Who Want Very Low Spreads Can Opt For An ECN Account. In Addition, Demo Accounts Are Primarily Used To Familiarize Themselves With The Trading Platform And For Educational Purposes.
Copy Trading Is Also Offered, A Way For Inexperienced Traders Or Followers Who Don't Have Time For Extensive Research Or Who Want To Diversify Their Portfolios To Copy Trades From Experienced Traders (also Known As Money Managers Or Copy Trading Specialists). Muslims Can Open Swap-free Islamic Accounts.
TOP1 Markets Fees
TOP1 Markets Is A Commission-free Trading Platform That Charges Extremely Low Spreads As Trading Fees. Investors May Have To Pay Additional Fees, Such As Overnight Interest: Overnight Interest = Settlement Price × Contract Size × Lots (Long/Short) × Days × Overnight Interest Rate (Long/Short) ÷ 360.
Leverage
Maximum Leverage Is 1:1000, Which Means That Profits And Losses Are Magnified By A Factor Of 1000.
Trading Platform
Traders Can Use MT5 For Financial Activities On Mobile Devices, Tablets And PCs. Traders With Extensive Experience Are Better Suited To Use MT5. TOP1 Markets Also Offers A Proprietary Web Trading Platform.
Deposits And Withdrawals
First Deposit Amount Must Be Greater Than Or Equal To $20. TOP1 Markets Accepts Online Bank Transfers, MasterCard, Mobile Bank Transfers And Cryptocurrency Payments For Deposits.
Under Normal Circumstances, We Do Not Charge Any Withdrawal Fee Processing Fees To Investors. When The Minimum Amount ($20) And The Number Of Withdrawals (3) Are Violated, An Administrative Fee Of $3 Will Be Charged For Each Withdrawal Exceeding The Free Withdrawal Limit; When 50% (cumulative) Of The Investor's Deposit Amount Is Not Used To Open A Position Or The Deposit Is Not Made By The Investor Himself, An Administrative Fee Of Up To 7% Will Be Charged.
