TopMarketCap Broker Review

While not giving any information about itself, the broker expects clients to believe the story of making money. Moreover, it expects them to expose their funds to an unknown trading scam. Read our TopMarketCap review to find out why this particular company is not recommended for investing.

Broker status: Unregulated

Regulated by: Unlicensed brokerage

Blacklisted as a Scam by: FMA

Owned by: N/A

Headquarters Country: N/A

Foundation year: N/A

Supported Platforms: Web Trader

Minimum Deposit: 250 EUR

Cryptocurrencies: Available – BTC, XRP, ETH – total 30+

Types of Assets: FX, commodities, indices, shares, cryptocurrencies

Maximum Leverage: 1:400

Free Demo Account: No

Accepts US clients: No

TopMarketCap Regulation

Owner, corporate headquarters, and regulatory jurisdiction are not disclosed by TopMarketCap. That leads us to the conclusion that it’s another business attempting to conceal itself, most likely overseas, and defraud as many customers as possible. Given this, it should be clear why it would be risky to entrust such a broker with your money.

There are no safeguards for your money, a regulator above the brokerage, and a formal venue where you can lodge a complaint in the event of problems.

TopMarketCap Scam Warnings

Since the broker engages in illegal activity, we’ve chosen to check regulatory alerts to determine if anyone has reported the TopMarketCap fraud. The broker has been identified by the FMA as an illegal online trading provider and placed on a blacklist in Austria.

Fund Withdrawal Issues 

TopMarketCap doesn’t have a problem with defrauding clients because the broker is operating illegally and clients don’t even have a registered address. In reality, it appears that this was the driving force for the creation of the company and the website. You will deal with the top support staff in the globe once you want to fund your account. However, if you choose to ask for a payment, your account will be frozen and your ability to access funds will be revoked.

Reviews indicate that the broker is mostly present in Germany, Australia, and Canada. We can infer from the FMA warning that it is also cheating clients in Austria. Be advised that TopMarketCap has no restrictions whatsoever and cannot lawfully offer financial services everywhere you are.

TopMarketCap traders’ reviews 

Numerous bad comments about TopMarketCap have been found. Clients’ biggest complaints center on withdrawals, but there are also platform problems, account managers who won’t handle withdrawal requests, and the business’s sale of trading software that doesn’t exist.

Customers claim that brokers falsely claim to have access to automated trading systems when they don’t in order to maximize profits.

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