TOPMARKETCAP-Some important Details about This Broker

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

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.

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.

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.