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TOPONE MARKETS

TOPONE Markets | 2025-04-29 14:06

Abstract：TOPONE MARKETS, founded in 2019 and registered in the Cayman Islands, is regulated by Australia's ASIC under an Appointed Representative license. It offers multi-asset trading across forex, commodities, stocks, crypto, and indices through MT5, WebTrader, and mobile apps with a low minimum deposit.

TOPONE MARKETS Review Summary
Founded	2019
Registered Country/Region	Cayman Islands
Regulation	ASIC
Market Instruments	Forex, Commodities, Crypto, CFD, Indexes, Stocks
Demo Account	✅
Leverage	Up to 1:1000
Spread	0.4 pips for EUR/USD (ECN Account very low)
Trading Platform	iOS App, Android App, MetaTrader 5 (MT5), Web Trader
Min Deposit	$20
Customer Support	Phone: +61 2 61720053
Customer Support	Email: cs@top1markets.com

TOPONE MARKETS Information

TOPONE MARKETS, founded in 2019 and registered in the Cayman Islands, is regulated by Australia's ASIC under an Appointed Representative license. It offers multi-asset trading across forex, commodities, stocks, crypto, and indices through MT5, WebTrader, and mobile apps with a low minimum deposit.

Pros and Cons

Pros	Cons
Regulated by ASIC (Australia)	ETF trading not available
Supports a wide range of instruments	No MT4 platform support
Low spreads and no commission accounts	Some deposit/withdrawal options depend on region

Is TOPONE MARKETS Legit?

TOPONE MARKETS is a regulated broker under the Australia Securities & Investment Commission (ASIC) with an Appointed Representative (AR) license (License No. 001309512). It operates through TOP 1 MARKETS PTY LTD, effective from May 27, 2024, and is supervised by Easy Trading Online.

What Can I Trade on TOPONE MARKETS?

TOPONE MARKETS offers a wide range of products including forex pairs, commodities, indices, stocks, and cryptocurrencies, giving traders access to over 30+ currency pairs, 8+ commodities, 8+ major indices, 10+ popular stocks, and 8+ crypto assets.

Tradable Instruments	Supported
Forex	✅
Commodities	✅
Crypto	✅
CFD	✅
Indexes	✅
Stock	✅
ETF	❌

Account Types

TOPONE MARKETS offers four types of live accounts (ECN, Cent, Premium Leverage, Standard) tailored for different trading needs. A demo account is also available for practice, and Islamic (Swap-Free) accounts are supported for some account types.

Account Type	Best For	Leverage	Minimum Deposit	Islamic Account Support	Suitable For
ECN Account	Lower spreads, all customers (limited time)	100X / 200X / 500X	$20	✅	Traders wanting very low spreads
Cent Account	Novice investors, small entry level	500X	$20 (2,000 CENT)	✅	Beginners testing small amounts
Premium Leverage Account	High-risk, high-return traders	1000X	$20	❌	Aggressive risk-seeking traders
Standard Account	Large capital professional clients	100X / 200X / 500X	$20	✅	Regular professional traders
Demo Account	Risk-free practice	Virtual funds	Free	/	New traders testing strategies

Leverage

TOPONE MARKETS offers flexible leverage depending on the account type, ranging from up to 1:500 for ECN and Standard Accounts, up to 1:500 for Cent Accounts, and up to 1:1000 for Premium Leverage Accounts. Higher leverage allows traders to control larger positions with a smaller deposit, potentially increasing profits.

TOPONE MARKETS Fees

TOPONE MARKETS' trading fees are low compared to the industry average. They offer tight spreads and minimal extra charges.

Item	Details
Spreads	Included in the quoted price (no extra spread fees charged separately).
Average Spread by Account Type	ECN: Very Low; Cent: Low; Premium Leverage: Medium; Standard: Low
Commission	No commission (all accounts).
Swap (Overnight Fees)	Pay & Collect based on instrument and position at 5:00 GMT+8 / 6:00 (Standard Time).

Product	Contract Size	Leverage	Min Lot	Max Lot	Spread
AUD/USD	100,000	100×	0.01	20	0.0002
EUR/AUD	100,000	100×	0.01	20	0.00027
EUR/CAD	100,000	100×	0.01	20	0.00028
EUR/CHF	100,000	50×	0.01	20	0.00029
EUR/GBP	100,000	100×	0.01	20	0.00013

Non-Trading Fees

Non-Trading Fees	Details
Deposit Fee	No fees for most deposits
Withdrawal Fee	Generally free; in some cases, third-party bank or payment provider fees may apply
Inactivity Fee	None

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for what kind of traders
iOS APP	✔	iPhone, iPad	Mobile users who prefer trading on iOS devices
Android APP	✔	Android smartphones/tablets	Mobile users who prefer trading on Android devices
MetaTrader 5 (MT5)	✔	Windows, Mac, Android, iOS	Professional traders needing advanced trading tools
Web Trader	✔	Any browser (PC, Mac, mobile)	Traders seeking instant access without installation

Deposit and Withdrawal

TOPONE Markets generally does not charge deposit or withdrawal fees under normal circumstances. The minimum deposit is $20.

Deposit Options

Deposit Options	Min. Deposit	Fees	Processing Time
Online Banking Transfer	$20	None	~10 minutes
Mastercard	$20	None	~10 minutes
Mobile Banking Transfer	$20	None	~10 minutes
Cryptocurrency Payment	$20	None	~10 minutes

Withdrawal Options

Withdrawal Options	Min. Withdrawal	Fees	Processing Time
Debit Card	Not mentioned	None	Same day if before 16:00 (GMT+8)
Bank Account	Not mentioned	None	Same day if before 16:00 (GMT+8)
Cryptocurrency Withdrawal	Not mentioned	None	Same day if before 16:00 (GMT+8)