TopTrade - broker reviews, fraud and money drain TopTrade?

Carefully! TopTrade is suspected of fraud!

Deception on the part of many Forex traders is already a common thing, because there are much more scammers on the network than companies that work honestly and transparently. Brokers create cheap sites, fill them with beautiful promises aimed at beginners, then engage in big scam, collect a lot of negative reviews on the net, covering up their sharashka offices. One of the stock traders working according to the scheme described above, which received a huge amount of negative feedback on the network, is TopTrade.

This broker has established itself on the network as a brazen scammer, pumping money out of gullible people, and although the office does not actively serve traders now, negative reviews about it continue to spread. The fraudulent company received a lot of negative feedback, backed up by the facts of deceit and scammers, respectively, TopTrade scammers were forced to close their shop, hiding with the stolen money.

A little information about the work and offers of TopTrade

Trying to open the site of the presented broker on the network, now you can see that it does not work, and this was the logical outcome of events for this fraudulent office. Despite the fact that the TopTrade resource is not actively working now, based on the data of additional sources and feedback from real clients, it was possible to form a clear picture of the activities of this office, its negative aspects and deception schemes.

Forex scammers, trying to swindle ordinary people for money, told traders that the conditions for trading on the site would be comfortable, clients would get access to the best international trading markets. The broker also wrote on the website that it offers services to beginners and professional traders, is ready to present clients with a fast-working, productive, downloadable platform on any device.

The company talks about the official registration of the broker’s brand in Estonia and the location of its main office in Talin, but the company’s check does not confirm that it really has a residence permit there, the reviews also write that the office is deceiving regarding this aspect of the activity.

Continuing the review of TopTrade and its offers, it is worth saying that on MT4 the office allows you to open multiple screens from one account, and this should already make the trading process more successful and productive. This broker is ready to provide high-quality technical support to traders in many languages, representatives of the company do this around the clock on weekdays. It is also worth noting here that the company's customers are ready to guarantee complete security when replenishing an account and withdrawing money, but the reviews note that this is not the case in practice.

TopTrade representatives offer clients to work only with advanced tools, and among the site's trading assets, you can find indices, raw materials, currencies, and much more. Among the tools available to traders, presented by the broker, you can find various indicators and interactive charts, as well as trading signals. The company also offers to experience the benefits of the algorithmic trading function, there are free economic calendars on its website, and you can find presentations of trading markets.

This broker offers users to work with flexible leverage, TopTrade assures clients that the spreads here are minimal, so users' earnings will be quite high. TopTrade also allows users to work with special calculators, and users can open a trading account in euros, pounds or dollars.

The broker is ready to offer real trading accounts of 4 categories to the attention of clients, and you need to replenish the deposit by a minimum amount of $200. Continuing the review of this company, it is worth noting that during trading hours the company's clients will have direct access to financial markets, but judging by the reviews of real traders, their transactions are not displayed on the interbank market at all, the office imitates the trading process.

Guaranteeing transparency at each stage of cooperation, the broker is engaged in deceiving ordinary people, which was argued in many reviews, so contacting this company and trusting it with your own money is very dangerous.

TopTrade reviews are all negative: why was the company criticized?

If you carefully consider the real facts about the presented company and its actions, then you can understand that the broker was criticized in the reviews completely rightly and deservedly. The TopTrade broker regularly prevented clients from achieving success by blatantly stealing their money, and the following facts can be called real evidence that the company was not going to honestly serve clients:

• under the pretext of attractive trading conditions for making money on Forex, the representatives of the company skillfully lured out money and scammed people;
• the company actively provided brokerage services to traders from Russia, but if you check if it has a license from an official regulator, you will understand that it simply does not exist;
• checking registration of TopTrade in the country where the company is allegedly registered, clearly proves that it is a complete illegal immigrant, not having even one genuine license;
• the registration address indicated by the broker on his official resource was taken from the ceiling, he has no real relationship with crooks;
• the company completely and for everything disclaims responsibility, if customers lose money even through no fault of their own, this will not bother anyone;
• traders in the reviews complained many times that it is unrealistic to withdraw money from the office, moreover, there are no objective reasons for refusing to pay;
• TopTrade used various psychological tricks in relation to clients, actually squeezing funds from traders;
• The TopTrade broker filled its official resource poorly, adding solid water there, which indicates that the office is focused on beginners and the desire to deceive them.

Considering real reviews about the company, it was possible to note that many traders lost money due to unprofitable advice from analysts of the office. Naturally, as was emphasized in the reviews, no one began to bear responsibility for such failures, because the office notified in advance that it does not guarantee the quality of training materials, is not responsible for using the advice of its specialists.

It is also worth noting here that the broker hid information about the location of its servers, attributed to itself a dubious license from a non-existent regulator and, thanks to this, divorced many people, which is clearly and reflected in their angry reviews.

Broker TopTrade - information about the official resource

Looking at the site formerly owned by TopTrade (now the resource is for sale), studying its photos on third-party resources and in archives, you can immediately track down signs of a typical scam, concluding that the owners of negative reviews were right. After reviewing the official resource and basic data about it, it was possible to obtain the following important information:

• TopTrade address in the open spaces of the network - http://toptrade.fm/;
• data about the time the site was created - the information is hidden;
• who is the owner of the site - now the domain is for sale, and information about its previous owner is hidden;
• contacts and feedback on TopTrade – the crooks brought to the attention of clients the address Harju maakond, Tallinn, Kesklinna linnaosa, Roosikrantsi tn 2-267K, 10119 (not the real location of the office), clients could use the numbers +441134013543, +442031503169 for communication, also email [email protected], [email protected]

Now the contacts of the company do not work at all, but even earlier it was impossible to get high-quality feedback here, which was often written in reviews. Reading reviews about TopTrade, you can clearly understand that scammers called victims only when it was beneficial for them, and then communication with them was completely cut off.

TopTrade reviews - what real customers think

Reading and carefully studying the reviews of real people about TopTrade, one can find a lot of evidence that they were engaged in brazen fraud here, no one even thought about withdrawing money earned by traders. In the reviews, real people often wrote that the broker simply collected finances, and then ignored clients, so no one was able to receive payments from him.

Broker TopTrade is a vivid example of a scam, so the flow of negative reviews about it is a natural reaction of customers to deceit and scammers. If you carefully read and also study reviews about TopTrade, you can understand that people lost not hundreds, but thousands of dollars, and attempts to return these funds ended in failure.

In the reviews, real people provided almost a million proofs that it is dangerous to contact this office, but scammers do not care about this, because they have been chic with other people's money for a long time. You can find negative reviews about TopTrade on many thematic portals and other resources, respectively, this helps to draw the right conclusions about the office and blacklist it. The TopTrade office is a typical scammer with big appetites, so the fact that the reviews about the company are negative cannot be called strange. This office lured a lot of money out of gullible people, posing as a trusted stock trader, and there are even more such scams on the network, so you should carefully check and beware of them. Fraudsters hunt for money at every step, do not believe their beautiful promises.