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Topwealth Bullion Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-09-30 18:54

Abstract: Over 60 forex, CFD, commodity, and cryptocurrency instruments are available from Topwealth Bullion. It supports MetaTrader 4 and offers 1:500 leverage, appealing to experienced traders. Lack of regulation raises risks.

Topwealth BullionBasic Information
Registered CountriesAustralia
RegulationUnregulated
Minimum Deposit$100
Maximum Leverage1:500
Minimum SpreadFrom 0.0 pips (PRO account)
Trading PlatformMetaTrader 4 (MT4)
Trading AssetsForex, CFDs, Commodities, Crypto
Payment MethodsNot specified
Customer Support24/7 via email and online chat
Bonus AvailableNot specified
Demo AccountNo

Topwealth Bullion Information

  Over 60 forex, CFD, commodity, and cryptocurrency instruments are available from Topwealth Bullion. It supports MetaTrader 4 and offers 1:500 leverage, appealing to experienced traders. Lack of regulation raises risks.

Topwealth Bullion Information

Pros and Cons

Pros Cons
High leverage (up to 1:500)No valid regulation
Low spreads on PRO accountNo demo or Islamic accounts
24/7 customer supportLimited payment details

Is Topwealth Bullion Legit?

  Topwealth Bullion has no valid regulation. This means the broker is not licensed by key regulatory authorities like the FCA or ASIC. Broker safety and credibility are compromised by this absence of regulation, therefore traders should be wary.

Is Topwealth Bullion Legit?

  Topwbl.com was registered on June 7, 2020, and will expire on June 7, 2025. It was last modified on February 6, 2024, and is in a protected status (clientDeleteProhibited, clientTransferProhibited, clientUpdateProhibited).

Is Topwealth Bullion Legit?

What Can I Trade on Topwealth Bullion?

  Topwealth Bullion provides access to over 60 instruments, such as forex, CFDs, indices, and futures.

Tradable Instruments Supported
Forex✔
Commodities (Precious Metals, Oil)✔
Crypto✔
CFD✔
Indexes❌
Stock❌
ETF❌
What Can I Trade on Topwealth Bullion?

Account Types

  Two live accounts are available from Topwealth Bullion: Standard for beginners and intermediate traders and PRO for experienced traders with tighter spreads. There are not any Islamic or Demo accounts.

Leverage

  Topwealth Bullion provides traders with the ability to manage larger positions with a smaller initial investment by offering leverage of up to 1:500. Although higher leverage can increase potential profits, it also significantly increases risks.

Leverage

Topwealth Bullion Fees

  Standard industry fees apply at Topwealth Bullion. PRO spreads start at 0.0 pips, and Standard accounts have no commissions. Overnight swap rates vary per asset. The cost structure caters to traders seeking commission-free or tighter spreads.

Topwealth Bullion Fees

Deposit and Withdrawal

  The Topwealth Bullion minimum deposit is $100. Deposit and withdrawal fees are unknown.

Deposit and Withdrawal

Trading Platform

Trading PlatformSupported Available Devices Suitable for 适合何种类型交易者
MetaTrader 4 (MT4)✔Windows, Mac, Android, iOSAll traders
Trading Platform

Customer Service

  Topwealth Bullion offers 24/7 support. Email and online support are available.

Contact Options Details
PhoneNot specified
Emailservice@topwbl.com
Support Ticket SystemNot specified
Online ChatAvailable
Social MediaNot specified
Supported LanguageEnglish
Website LanguageEnglish
Physical AddressP.O. Box 1498, Port Vila, Efate, Republic of Vanuatu
Customer Service

The Bottom Line

  High leverage and low spreads make Topwealth Bullion appropriate for experienced traders. Traders may worry about its lack of regulation and demo or Islamic accounts.

FAQs

  Is Topwealth Bullion safe?

  No major authority regulate it.

  Is Topwealth Bullion good for beginners?

  Due to the lack of demo accounts and regulation, newbies may not like it.

  Is Topwealth Bullion good for day trading?

  Low spreads and high leverage make day trading possible.

  Is it safe to trade with Topwealth Bullion?

  Be careful when trading with an unregulated broker.

Risk Warning

  Online trading involves considerable risk, so it may not be suitable for every client.

Related broker

No Regulation
Topwealth Bullion
Company name:Topwealth Bullion Limited
Score
1.26
Website:https://www.topwbl.com/en
1-2 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.26

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