Score
Canada
|
2-5 years
| http://topmaxglobal.com/
Website
Rating Index
Canada
topmaxglobal.com Malaysia
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Official Website: https://topmaxglobal.com/
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
| Topmax Global Review | |
| Founded | 2022 |
| Registered Country | Canada |
| Regulation | No regulation |
| Market Instruments | curreny pairs,indices, stocks, precious metals, cryptos, energy |
| Demo Account | Unavailable |
| Trading Platforms | MT5 |
| Minimum Deposit | $100 |
| Customer Support | Phone, Physical Address |
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 |
| • MT5 supported | • Not regulated |
| • Acceptable minimum deposit | • No demo accounts |
| Mainstream and popular trading instruments | • Limited contact channels |
There are many alternative brokers to Topmax Global depending on the specific needs and preferences of the trader. Some popular options include:
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.
With Topmax Global, traders are given 6 classes of mainstream and popular tradable instruments, specifically, over 40 currency pairs (major, minor, and exotic) , 15 indices, stocks, precious metals like gold and silver, some popular cryptos and popular energies.
Yet, options futures are not provided on this platform.
| Tradable Assets | Supported |
| Currency Pairs | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Metals | ✔ |
| Energy | ✔ |
| Options | ❌ |
| Future | ❌ |
| ETFs | ❌ |
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.
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.
See the trading platform comparison table below:
| Broker | Trading Platform |
| Topmax Global | MT5 |
| XM | MT4, MT5 |
| FXTM | Trading Station |
| Axi | MT4 |
Clients who have any inquiries or trading problems can get in touch with this broker through the following contact information:
Phone: +380634285630
A support ticket system
Address: 2275 Upper Middle Rd East,
Suite 101, Oakville ON L6H 0C3, Canada.
Office: 6 Sosyury Str., Office 142, Kyiv, 02000, Ukraine
In a nutshell, Topmax Global is an unlicensed broker that provides ordinary trading conditions. It is not a wise decision for the majority of traders, particularly those just starting out. Experienced traders who like MT5 can give it a go, but they should also be aware that this broker is not regulated, which could put their money at risk.
Is Sky Alliance Markets regulated？
Yes. It is regulated by ASIC in Australia.
At Sky Alliance Markets, are there any regional restrictions for traders？
Yes. Sky Alliance Markets do not offer our services to residents of certain jurisdictions where such distribution or use would be contrary to local law or regulation, United States of America (U.S), Australia, Afghanistan, North Korea, Iran, Iraq, Yemen, Ontario Province (Canada).
Does Sky Alliance Markets offer demo accounts？
Yes. Demo accounts are on offer.
Is Sky Alliance Markets a good broker for beginners？
Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money.
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.
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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.
Topmax Global offers traders 6 categories of tradable instruments, specifically, over 40 currency pairs (major, minor, and exotic), 15 indices, stocks, precious metals such as gold and silver, several popular cryptocurrencies, and popular energy sources.
No, Topmax Global is not regulated in the US.
No. Topmax Global is not regulated. It is recommended that traders give preference to dealers with top licenses such as FCA, ASIC, FINMA, etc.
No. Topmax Global does not support the use of demo accounts. It is recommended that traders take a trading course, read a book, or use a third-party demo trading platform to gain experience instead of using a demo account before trading.
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