Professional Toptrade

Basic Information

• Registered Region
  

  Britain
• Operation Status
  Suspected of fraud
• Operating Period
  2024-03-11
• Deposit Methods
  /
• Website
  https://www.professionaltoptrade.com
• Market Type
  Forex
• Support Languges
  

  English
• Main Business
  Forex CFD Cryptocurrency Commodities Stocks Multiple account types and trading instruments
• Business Type
  Brokerage
• Social Media
• Contact Details
  support@Professionaltoptrade.com
• Type of Accounts
  Standard Account
• Trading Platforms
  MT-style web terminal
• Withdraw Methods
  /
• Auto Trading
  No

Pros and Cons

Pros: The official website claims to support various financial products/Contracts for Difference (CFDs), allowing investors to trade forex/CFDs; the page design is similar to that of a "legitimate broker," which is somewhat attractive to beginners. Cons: Unregulated/unauthorized/warned by the regulatory body (FCA)/a "scam/unregulated broker"; company identity and place of registration are unclear/no legal record; deposit/withdrawal process is unreliable/multiple user complaints of withdrawal failures; no fund protection/extremely high risk to customer funds; opaque account types and trading platform; may be a fake website; highly not recommended.

Company Background

Professional Toptrade was founded in 2010 and is headquartered in Hong Kong, an international financial center. As a leading company in the financial technology industry, we are committed to providing excellent financial services to global customers through advanced technology and innovative solutions. Since its establishment, the company has always adhered to the core values of integrity, professionalism and innovation, and has always maintained steady growth in the ever-changing market environment. We focus on providing diversified financial services to our clients, including but not limited to online trading platforms, asset management, financial consulting and risk control solutions. By integrating the latest technological achievements, Professional Toptrade has created a safe and efficient trading environment for our clients, enabling them to seize opportunities and increase their wealth in the global market. Our professional team is composed of top experts in the industry. With their rich experience and deep industry knowledge, they ensure that we provide our clients with the best services and the most forward-looking market insights.

Fund Security

Professional Toptrade claims to hold financial licenses from the UK Financial Conduct Authority (FCA) and other countries, but the actual registration records of the corresponding entities cannot be found on the official websites of the FCA and other authoritative regulators, raising suspicions of misusing or forging regulatory licenses.

Account Opening

/

Trading Fees

Professional Toptrade attracts investors with high leverage (up to 1:500) and low spreads, but the actual transaction costs and conditions lack transparency.

Trading Instruments

Professional Toptrade claims to offer a wide range of trading products, including: Foreign exchange trading (mainstream and cross currency pairs) Stock and Index CFDs Futures contracts for precious metals, energy and commodities and cryptocurrency CFDs However, it should be noted that the platform lacks third-party audits or liquidity certification in terms of actual transaction execution and spread disclosure. External analysis believes that Professional Toptrade's trading environment may only be internal matching (market making mode), not truly connected to the international liquidity market, and users' actual transaction prices may have large deviations, which is extremely risky.

Trading Instruments

Professional Toptrade provides MetaTrader 4/5 trading software, but has not obtained public verification of MT4/MT5 official authorization, and its trading server ownership and stability cannot be confirmed. Some complaints show that the platform has abnormal trading behaviors such as order delays, severe slippage and forced liquidation, especially in highly volatile markets. In addition, users reported that their backend data could be manipulated and that their trading experience was significantly different from that of a real regulated broker.

Research and Education

Professional Toptrade's "customer service support" is mostly outsourced and cannot provide effective compliance proof or handle real complaints. In most cases, customer service only actively responds when urging deposits, and often shirks responsibility or even loses contact when it comes to withdrawals or disputes.

Customer Support

Professional Toptrade's "customer service support" is mostly outsourced and cannot provide effective compliance proof or handle real complaints. In most cases, customer service only actively responds when urging deposits, and often shirks responsibility or even loses contact when it comes to withdrawals or disputes.