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Topinvesttrader Review | The Fastest Cryptocurrency Exchange or a SCAM?

by Kevin Berry
Rating: 
  1/5   Reviews: 3
Topinvesttrader - logo

Topinvesttrader calls itself the fastest cryptocurrency exchange in the world. Here you can buy crypto in just 14 milliseconds. At the same time, reviews about this project are very contradictory. We will check its offers in more detail to make sure that this is not a scam.

Highlights

🏛️ Country UK
⚠️ Regulation
🖥️ Website https://www.topinvesttrader.com/
🎲 Demo Account No
⏳ Start Time 2022
💲 Minimum Deposit
⚖️ Minimum and Maximum Leverage
⚙️ Trading Platform WebTrader
📨 E-mail support@topinvesttrader.net
📞 Phone +447888886536

First Impression of Topinvesttrader.com

The official website of Topinvesttrader looks unattractive. The design is rather lackluster. Many important sections in the menu are simply missing. It is difficult to find trading conditions and detailed information about the company. Additionally, the site definitely lacks a disclaimer about risk disclosure.

However, there is a lot of self-promotion here. You will literally find it on every page. All these statements are not actually confirmed by anything. Besides, instead of posting important legal documents, the broker simply answers general questions about Forex and CFDs.

Topinvesttrader - website

Speaking about more bad features of the site, we can mention questionable software. We are talking about such programs as AnyDesk and TeamViewer, which are placed in the footer. Scammers often use these programs to gain access to your PC. You will not find such software on the websites of real licensed brokers. Please do not download this to your PC or smartphone. Never give access to your personal data to third parties and suspicious brokers.

Partnership and Bonuses

The terms of the affiliate program are not described anywhere on the site, but it most likely does exist. You can enter a promo code in the registration form if you have one. Topinvesttraders also does not inform about bonuses. However, in your Personal Area, you will see, in addition to the balance, a section with loans from the company.

Account Opening on Topinvesttrader.com

To register on the site, you need to fill out a form with the following fields:

  • First and last name
  • Country, residential address, and postal code
  • Phone number and an email address
  • Currency
  • Promo code
  • Password.

Registration

By the way, you can forget about security on this site. When registering, Topinvesttrader will not even check your email and phone. The creators of this project have not heard of multi-factor authentication either.

The personal account is simply amazing in the bad sense of the word. You will be immediately offered to top up your account, and then open a real trading account. A demo is not provided.

Topinvesttrader - Client Area

In addition to depositing and withdrawing money, you can make changes to the account settings here. And that’s it. There is not even a link to the trading platform on the site.

Verification

The verification at Topinvesttrader is very strange. There are no forms in this section for uploading documents such as passports, utility bills, or bank statements. Instead, you will need to upload a photo of the card or other payment details. It is not specified how long it will take to check your documents. There is no mention of AML and KYC at all on the site.

Pros
  • There is a form for uploading documents.
Cons
  • The verification process is very strange.
  • It is not specified how long documents will be checked.
  • No data about AML and KYC.

Trading Software

Topinvesttrader says that it provides a WebTrader. However, you will not find this platform in your personal account. As well as any platform in general. Access may appear after you fund your account. However, reliable brokers do not do this. They first give a meeting to the user to get acquainted with the trading software, and after that, they offer to deposit.

Features Topinvesttrader GLE Markets Axi
Demo Account ✔️
Mobile App ✔️
Own Development

How Can I Trade With Topinvesttrader?

At first, Topinvesttrader calls itself the fastest cryptocurrency exchange and then admits that it is just a CFD broker. In other words, you won’t be trading real cryptocurrency here. All you will get are contracts for the difference in the prices of certain assets. Not only crypto is among them. Also, according to legend, there are currencies, stocks, as well as oil, and other goods.

All Info About Accounts

Topinvesttrader apparently forgot to provide at least some information about the accounts. Nowhere on the site does it even indicate what minimum deposit you will need to make. By the way, in your Personal Area, this amount is equal to 5 thousand euros by default. Also, there is no data on what leverage the broker provides.

Pros
  • None
Cons
  • Trading conditions are not specified.
  • There is no information about the minimum deposit, spread, or leverage

Market Analysis and Education With Topinvesttrader.com

Topinvesttrader doesn’t even mention market analysis. At the same time, almost all sections in the menu are created apparently for beginners. Here you can find information about what the Forex market is, how it works, what CFD trading is, and other common truths. Experienced traders will not learn anything new. For beginners, this knowledge base will also not be enough. So we conclude that Topinvestortrader is a loser in terms of training.

Deposit, Withdrawal, and Fees

Topinvesttrader specifies bank cards and bank transfers among the ways of deposit. However, even the banking details are not posted in the personal account. You won’t be able to fund your account so easily. An error occurs when trying to deposit. Further, you need to contact the managers to solve this problem and wait for further instructions.

Features Topinvesttrader GLE Markets Oanda
Debit/Credit Cards ✔️ ✔️ ✔️
Electronic Payments ✔️
Crypto Transfers
Deposit Fee
Withdrawal Fee ✔️ ✔️ ✔️

How Can I Contact It?

You can contact Topinvesttrader by phone number, or by email address. However, traders complain in reviews that they have to wait a very long time for a response.

Pros
  • All contact details are indicated.
Cons
  • It will take a long time to wait for a response from the support.

Is Topinvesttrader Dangerous?

So far, Topinvesttrader’s offers look extremely suspicious. Additionally, the broker has some signs of fraud.

How Long Does The Broker Work?

Topinvesttrader does not specify anything about itself on the website, including when it started working. Meanwhile, the first reviews about this project began to appear quite recently. Therefore, we decided to check the domain. It turns out that it was registered on September 26, 2022. So far this project has not been working even for a month. However, Topinvesttrader already ambitiously calls itself one of the leaders in the industry. We wonder, who decided that?

How Is Topinvesttrader Regulated?

Topinvesttrader does not say anything about its management company. The site contains only an English registration address and an English phone number. We tried to search for a legal entity at the address in the UK registry. However, there is nothing like a Topinvesttrader there. As well as the company with the same name.

Legal entity check

Additionally, Topinvesttrader does not even present legal documents. For example, there are no terms of use or other important details. This is contrary to the law on disclosure of information. The company says it is regulated by the FCA but does not specify the license number. It is also a violation of the law. However, there is no Topinvesttrader in the FCA register either. Therefore, we conclude that this project has no real legal registration, has not received a license, and works absolutely illegally.

Features Topinvesttrader Crypto Comeback Pro Axi
European Zone ✔️
Asian Zone ✔️
American Zone
African Zone
Offshore

Frequently Asked Questions (FAQ)

How to Trade With Topinvesttrader?

You need to fill out a small form to open an account and contact managers to ask them how to deposit.

Is Topinvesttrader Legit?

No, it’s not. This company has no legal registration and has not received a license for brokerage services. It works absolutely illegally. 

How Risky Is It?

Topinvesttrader is an anonymous broker without documents, which has been working for only a few days. Trading on such a platform is very risky.
Kevin Berry
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Expert Opinion

Topinvesttrader has collected literally all the red flags alerts. Ridiculous and maximum flashy broker name. Extremely cheap, bad, and uninformative site. A false legend and an attempt to attract attention due to the still hype phenomenon as a cryptocurrency. Remote access programs for your confidential data. Insane trading conditions. The complete absence of legal documents, both regulating internal rules and concerning external regulation of the broker. A dumb instance of a scam, that’s all. Do you really need it?

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Topinvesttrader rating

The level of trust
Quick withdrawal of funds
Efficiency of technical support
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The level of trust
Quick withdrawal of funds
Efficiency of technical support

3 reviews about Topinvesttrader

Ed November 30, 2022 - 21:47
They stole my money
The level of trust
Quick withdrawal of funds
Efficiency of technical support

At first, the managers did not allow me to withdraw money for almost two weeks. Then they started threatening me that if I didn’t fund the account for more money, they wouldn’t return anything to me. And now they just ignore me.

Reply
Daniel December 15, 2022 - 19:13
Annoying fraudsters
The level of trust

Scammers who, through telephone calls, get your money. I was offered favorable terms and trading through a modern platform. After registering and depositing the account, it became clear that Topinvesttrader uses a controlled platform for its enrichment. Testing the site cost me $300. I lost my deposit. Then the managers started to persuade me to fund with a large amount. I didn’t agree. I asked to delete the account, but they still call me. I do not recommend using this broker.

Reply
Robert December 26, 2022 - 15:32
They use deceptive tricks
The level of trust
Quick withdrawal of funds
Efficiency of technical support

Scammers. I was guaranteed a good income and the possibility of additional income due to bonuses and an investment program. The offer to give money into trust management is their trick. There was an offer to invest from $1,000 and get a good passive income. Since I don’t have much experience in trading, I agreed to invest. And in fact, I voluntarily gave my money to these scammers. They do not allow me to withdraw. They demand to pay commissions and fees that have no end in sight.

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