✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in TopTradeGroup. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about TopTradeGroup and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | toptrade.group | toptrade.cloud |
| 🏠 Company | Widdershins Group LTD |
| ️ Regulatory | Not regulated |
| [email protected] | |
| 📈 Leading | MT4 |
| 📌 Location | Dominica |
⚠️ TopTradeGroup is owned by Widdershins Group LTD, the company is located in Dominica, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. ⚠️
Account types
Now we will analyze the types of accounts offered by TopTradeGroup, in this case, we observe that it offers 4 different types of accounts:
| Account type | Minimum initial deposit |
| Silver | $2.000 |
| Gold | $10.000 |
| Platinum | $50.000 |
| Diamond | $200.000 |
Information on the web
TopTradeGroup provides a basic explanation of the financial products it offers, market news and analysis, economic calendar, asset calculator, really not much more than this.
List of phone numbers
+44 1518 080625
🚫 Final evaluation of TopTradeGroup 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH TopTradeGroup.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
Updates
News about TopTradeGroup:
| Date | Update – news |
|---|---|
| April 2021 | Complaint against TopTradeGroup of BaFin. |
| August 2021 | Complaint against TopTradeGroup of CNMV. |
| September 2021 | Complaint against TopTradeGroup of FCA. |
| March 2022 | Complaint against TopTradeGroup of FMA (Austria). |
| April 2022 | Complaint against TopTradeGroup of CMF (Chile). |
| June 2022 | Complaint against TopTradeGroup of ASF (Romania). |
| November 2022 | TopTradeGroup, together with the brokers 24fintime, AdamantFX, AssetGroup, CF Broker, finlay, OctoFinance, SpaceMarket y SupraTrade they belong to Widdershins Group Ltd., a company with a lousy reputation, many complaints, and which has already been accused of fraud by European regulators. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with TopTradeGroup.
At the end of the review you will find customer comments.
How to Claim Money scammed by TopTradeGroup
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report TopTradeGroup
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
How can I report TopTradeGroup?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is TopTradeGroup a scam – is it a scam?
Yes. We believe that TopTradeGroup is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is TopTradeGroup trustworthy?
No. TopTradeGroup is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from TopTradeGroup?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to TopTradeGroup?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
I am a customer and I can not enter I lost my phone number
Hello Hugo, surely if you contact support they can help you, tell them that you have money to invest and that you don't know your balance, although you must bear in mind that all the money you invest in this broker will be lost or not returned to you, because they are a SCAM.
Greetings.
Hello good day I was also scammed with top trade group you invest your money and they ask for more supposedly to recover the money
How do I get that money back?
Hi John, thanks for commenting on TopTradeGroup. This broker is a SCAM. The ASF (Romanian Financial Regulator) has already warned about them, for fraud and not being regulated (See ASF link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY
Greetings.
top trading is considered good yes or no
Hi Antonio, thanks for commenting on TopTradeGroup. This broker is a SCAM. The ASF (Romanian Financial Regulator) has already warned about them, for fraud and not being regulated (See ASF link). Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY
Greetings.