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Topic Markets Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-21 17:15

Abstract:  Topic Markets is a broker. The tradable instruments with a maximum leverage of 1:500 include CFDs on forex, commodities, stocks, energies, indices, and metals.The broker also provides classic, pro(popular), and VIP accounts. The minimum spread is from 0.1 pips. Topic Markets is still risky due to its suspicious clone status, high leverage, inaccessible office website, and demo account unavailable.

Topic MarketsReview Summary
Founded2015-04-13
Registered Country/RegionUnited Kingdom
RegulationSuspicious Clone
Market InstrumentsForex/Commodities/Stocks/Energies/Indices/Metals
Demo Account❌
LeverageUp to 1:500
Spread0.1 pips
Trading Platform/
Min Deposit/
Customer SupportCustomer Service Number: +44 1245 791991
Customer Service Email: support@topicmarkets.com

Topic Markets Information

  Topic Markets is a broker. The tradable instruments with a maximum leverage of 1:500 include CFDs on forex, commodities, stocks, energies, indices, and metals.The broker also provides classic, pro(popular), and VIP accounts. The minimum spread is from 0.1 pips. Topic Markets is still risky due to its suspicious clone status, high leverage, inaccessible office website, and demo account unavailable.

Topic Markets Information

Pros and Cons

Pros Cons
Spread as low as 0.1 PIPSSuspicious clone status
Leverage up to 1:500Inaccessible office website
Various trading instrumentsDemo account unavailable
No 24/7 customer support
MT4/MT5 unavailable

Is Topic Markets Legit?

  VFSC regulates HighCapital with a suspicious clone status, which is less safe than the regulated one.

Is Topic Markets Legit?
Is Topic Markets Legit?

What Can I Trade on Topic Markets?

  Traders can choose different investment directions because the broker provides traders with access toforex, and CDFs on commodities, stocks, energies, indices, and metals.

Tradable Instruments Supported
Forex✔
Indices✔
Commodities✔
Stocks✔
Energies✔
Metals✔
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on Topic Markets?

Account Type

  Topic Markets has three account types: Classic, Pro(popular), and VIP. Traders who want low spreads can choose a VIP account, while those who prefer minimum investment can open a classic account.

Account Type ClassicPro(Popular)VIP
Spread1-2 PIPS0.8-1.5 PIPS0.1-0.5 PIPS
Minimum Investment$200$3,000$15,000
Account Type

Topic Markets Fees

  Traders can trade with fixed and variable spreads, which start from just 0.1 on ECN accounts and 1.0 on Standard accounts.

Topic Markets Fees

Leverage

  The maximum leverage is up to 1:500, meaning that profits and losses are magnified 500 times.

Leverage

Deposit and Withdrawal

  The minimum investment is $200. Deposit and withdrawal methods included MasterCard, Skrill, VISA, Neteller, and local bank transfers.

Deposit and Withdrawal

Customer Support Options

  Traders can communicate via email. However, specific customer support schedules are unclear.

Contact Options Details
Email support@topicmarkets.com
Support Ticket System /
Online Chat /
Social Media /
Supported Language Eglish
Website Language English
Physical Address Golden Cross House, 8 Duncannon St, London WC2N 4JF, United Kingdom
Customer Support Options

  

Related broker

Unverified
Topic Markets
Company name:Topic Markets Limited
Score
1.56
Website:https://topicmarkets.com
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.56

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