TOPMARKETCAP Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-26 18:24

Abstract：Headquartered in China, TOPMARKETCAP claims to offer its clients over 200 tradable financial instruments with flexible leverage up to 1:400 and variable spreads on a web-based trading platform, as well as a choice of six different account types and 24/7 customer support services.

TOPMARKETCAP Review Summary
Founded	2-5 years
Registered Country/Region	China
Regulation	Unregulated
Market Instruments	Stocks, Indices, Forex, currencies, commodities and cryptocurrencies, as well as numerous portfolios
Leverage	Up to 1:400
Trading Platform	Web-based trading platform
Min Deposit	$250
Customer Support	Telephone number: Australia +61290665418, United Kingdom +442038075844, Austria +43720971073Email: support@topmarketcap.com

TOPMARKETCAP Information

　　Headquartered in China, TOPMARKETCAP claims to offer its clients over 200 tradable financial instruments with flexible leverage up to 1:400 and variable spreads on a web-based trading platform, as well as a choice of six different account types and 24/7 customer support services.

Pros and Cons

Pros	Cons
Over 200 tradable financial instruments	Lack of Regulatory Oversight
Flexible spread Options	Limited Information on Company Background
24/7 customer support services

Is TOPMARKETCAP Legit?

　　TOPMARKETCAPis currently in a state of no effective supervision.

What Can I Trade on TOPMARKETCAP?

　　TOPMARKETCAP offers more than 200 instruments across 5 different asset classes, including Stocks, Indices, Forex, currencies, commodities and cryptocurrencies, as well as numerous portfolios.

Tradable Instruments	Supported
Commodities	✔
Stocks	✔
Currencies	✔
Crypto currencies	✔
Indices	✔
Portfolios	✔
Forex	✔
Mutual Funds	❌
Futures	❌

Account Types

　　TOPMARKETCAP offers 6 live trading accounts in Self Manangement, Basic, Gold, Platinum, Diamond and Libra (by invitation only).

　　The minimum initial deposit amount to open a Self Management account is $250+, while the other five account types have much higher minimum initial funding requirements of $5,000+, $10,000+, $25,000+, and $50,000.

　　In addition to a Libra account, no further information was provided on this type of account.

Leverage

　　Clients with self management accounts can experience leverage of 1:100, with leverage of 1:200, 1:200, 1:300 and 1:400 for basic, gold, platinum and diamond accounts, respectively.

Trading Platform

　　TOPMARKETCAP provides a web-based trading platform for traders.

Trading Platform	Supported	Available Devices	Suitable for
Web-based trading platform	✔	Windows, MAC, IOS, Android	Investors of all experience levels

Deposit and Withdrawal

　　TOPMARKETCAP supports credit cards such as Visa and MasterCard, Bank Wire and several e-wallets such as APM and EFT. The minimum deposit requirement is $/€/£ 250 and the minimum withdrawal amount is $100. The maximum deposit amount depends on the deposit method.

　　The amount of credit card deposits and e-wallet deposits is different, while the maximum amount of deposit through bank wire transfer is not limited.