CySECCyprusTier 2Licence number
138/11
View licence record- Licence holder
- Held by TopFX
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
At a glance
Regulation on record for TopFX
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
TopFX has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for TopFX, strongest authority first.
1 record
- CySECCyprusTier 2
Protection
What this licence protects
CySEC's own rules for the firms it authorises.
- Compensation schemeUp to €20000 (ICF)
- Client money kept separate
- Negative balance protection
- Complaints routeCyprus Financial Ombudsman
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by TopFX
Answered from the register entries on this page.
Most Popular Questions
TopFX provides trading in various financial instruments, including Forex, stocks, and derivatives. These instruments are regulated under the oversight of CONSOB, ensuring compliance with financial standards.
Yes, TopFX services are restricted in several countries, including the USA, North Korea, and Iran, as well as other sanctioned countries. This is due to regulatory and compliance requirements.
TopFX offers a maximum leverage of up to 500:1. This allows traders to control larger positions with a smaller amount of capital, but it also increases the risk of significant losses.
Yes, TopFX offers customer support through live chat during business hours. This service is available in English, providing a convenient way for clients to get assistance.
The minimum deposit required to open an account with TopFX is 50 USD. This applies to various funding methods including credit cards, bank transfers, and e-wallets.
TopFX is regulated by the Commissione Nazionale per le Società e la Borsa (CONSOB) in Cyprus. This regulatory body ensures that TopFX complies with financial regulations and provides a level of protection for investors.
TopFX has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
TopFX holds licence records issued by CySEC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by TopFX comes from tier-1 or tier-2 authorities (0 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by TopFX has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
TopFX has licence records in Cyprus. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.