FNG Exclusive… FNG has learned that Forex broker platform and liquidity solutions provider TopFX has gone live with its own EU-focused Retail FX and CFD brokerage site, at topfx.com.
We reported exclusively last week that TopFX had launched the offshore version of its Retail FX site for non-EU clients. That offering is being made via Seychelles licensed subsidiary Fondex Limited, at website topfx.com.sc. At the time, we reported that TopFX was also soon going to launch “onshore” for EU domiciled clients, which it now has. TopFX Ltd has been licensed in Cyprus by regulator CySEC since 2011, and now in addition to the company’s turnkey and white label solutions for FX brokers it will be using its license for its own retail offering.
TopFX is showing two types of Retail FX accounts, Raw and Zero. The Raw account allows for up to 30:1 leverage (maximum allowed in the EU), spreads as low as zero pips, but a commission of €2.75 per side per lot. The Zero account has zero commissions, but offers slightly higher spreads beginning at 0.5 pips.
Like its offshore cousin, topfx.com offers trading on both the cTrader and MT4 trading platforms. Clients can also automate their trading with robots or trade executable signals from Autochartist or Trading Central. For copy trading TopFX offers cTrader Copy (the successor to Spotware’s cMirror), or MT4 PAMM.
TopFX CEO Alex Katsaros posted the following note on social media regarding the launch:
Our retail website for the EU is now live. If you are a resident of EU and want to trade with TopFX, please visit ⭐️⭐️www.topfx.com⭐️⭐️
It’s been a long time coming, but we are finally very excited to offer a more complete retail solution.
⚡️You will notice that you can choose between the “Personal” (retail) or “Institutional” (B2B) versions of our website on the top left, as well as the entity that you wish to register on the top right of the page.
⚡️In addition to the above we simplified the flow in our CRM, which will allow us to accept clients a lot faster. We’ve experienced an enormous increase in registrations so we had to do changes to keep up!
Thank you very much for your continuous support!