Score
TOPIATO
United Kingdom|2-5 years| http://www.topiato.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United Kingdom
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed TOPIATO also viewed..
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Website
topiato.com
Server Location
United States
Website Domain Name
topiato.com
Server IP
34.102.136.180
Company Summary
Note: TOPIATO' official site - http://www.topiato.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
| TOPIATO Review Summary | |
| Region/Country | United Kingdom |
| Regulation | Suspicious NFA clone |
| Market Instruments | Currencies, indices, commodities, shares, cryptos |
| Demo Account | Not mentioned |
| Spread | From 0.0 pips |
| Leverage | Up to 1:500 |
| Trading Platform | MT4 |
| Minimum Deposit | Not mentioned |
| Customer Support | Email: support@topiato.com; |
| Address: 12B Capital House 61 Amhurst Road, London, United Kingdom, E8 1LL, UK | |
TOPIATO Information
TOPIATO is an online brokerage firm registered in the United Kingdom while mainly targets Chinese traders. It offers trading services across currencies, indices, commodities, shares, and cryptocurrencies. However, concerns have arisen due to its suspected NFA (National Futures Association) clone status with license number 0538567, an inaccessible website, and numerous negative reports.
In the following article, we will analyse the characteristics of this company in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.
Pros & Cons
| Pros | Cons |
| Diverse Trading Options | Suspicious NFA clone |
| MetaTrader 4 Platform | Negative Reviews |
| Low Starting Spreads | Website Unavailable |
| Customer Service Limitations |
Pros:
- Diverse Trading Options: TOPIATO offers a wide range of trading products including currencies, indices, commodities, shares, and cryptocurrencies, providing ample opportunities for portfolio diversification.
- MetaTrader 4 Platform: Utilizing the MetaTrader 4 platform, known for its advanced charting tools, automated trading capabilities, and user-friendly interface, enhances the trading experience across devices.
- Low Starting Spreads: The low starting spreads from 0.0 pips offered by TOPIATO provide cost savings for traders, especially those focusing on minimizing transaction costs in their trading activities.
Cons:
- Suspicious NFA clone: TOPIATO's suspicious NFA clone status raises significant concerns about the security of client funds and the broker's operational transparency.
- Negative Reviews: Numerous reports of withdrawal issues, fraud allegations, and scam reports on platforms like WikiFX underscore reliability issues and operational challenges of the broker.
- Website Unavailable: The unavailability of TOPIATO's website is a significant operational drawback, impacting access to trading services and critical account information.
- Customer Service Limitations: The absence of immediate support channels such as phone contact, live chat, or active social media presence deter clients who prefer quick and accessible customer assistance.
Is TOPIATO Legit？
When considering the safety of a brokerage like TOPIATO or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:
- Regulatory sight: The NFA (National Futures Association) license with number 0538567 is suspected to be a fake clone, casting doubts about TOPIATO's regulatory compliance and legitimacy.
- User feedback: There are 71 reports on WikiFX about scams, frauds, and withdrawal issues associated with TOPIATO, severely questioning the broker's reliability. This serves as a serious warning for anyone considering their services, urging utmost caution.
- Security measures: so far we have not found such info across Internet about this broker.
In the end, choosing whether or not to engage in trading with TOPIATO is an individual decision. We advise you carefully balance the risks and returns before committing to any actual trading activities.
Market Instruments
TOPIATO offers a diverse range of market instruments which includes:
- Forex Currencies: Trade major, minor, and exotic currency pairs, enabling traders to capitalize on global market movements and economic trends.
- Metals: Invest in precious metals like gold and silver, which are often used as safe-haven assets during times of economic uncertainty.
- Commodities: Access a variety of commodities, including oil, natural gas, and agricultural products, providing opportunities for hedging and speculation based on market demand and supply factors.
- Indices: Trade popular indices, such as the S&P 500, Dow Jones, and FTSE 100, allowing investors to speculate on the performance of major global stock markets.
- Shares: Invest in shares of leading global companies, enabling traders to benefit from the performance of individual stocks and corporate earnings.
- Cryptocurrencies: Trade leading cryptocurrencies like Bitcoin and Ethereum, offering exposure to the highly volatile and rapidly evolving digital asset market.
Account Types
TOPIATO offers two types of trading accounts designed to meet the needs of various traders: Standard and Prime. However, the minimum initial deposit requirement for these accounts is not fully disclosed, leaving interested clients without clear information about the financial commitment necessary to begin trading.
To obtain detailed information about the minimum deposit requirements, it is recommended to contact the broker directly. This will ensure that interested clients have accurate and up-to-date information before making any financial decisions.
Leverage
In terms of trading leverage, TOPIATO provides high maximum leverage ratios. Forex and metal trading can reach up to 1:500 leverage, while commodities and indices are capped at 1:200. For shares, the leverage is limited to 1:5, and for cryptocurrencies, it is 1:2.
This range of leverage options allows traders to choose the level of risk and potential reward that suits their trading strategies.
| Asset | Leverage |
| Forex and Metals | Up to 1:500 |
| Commodities | Up to 1:200 |
| Indices | Up to 1:200 |
| Shares | Up to 1:5 |
| Cryptocurrencies | Up to 1:2 |
Spread & Commission
The spreads and commissions vary between the Standard and Prime accounts.
The Standard account offers spreads starting from 1.3 pips on the EURUSD pair with no additional commissions charged.
In contrast, the Prime account features tighter spreads starting from 0.0 pips but applies certain commission fees which is not specified.
This structure provides flexibility for traders to choose between lower spreads or commission-free trading. But traders should still seek for conformation from the broker about the detailed commissions in the Prime account to ensure they understand all their trading costs.
| Account Type | EUR/USD Spread | Commissions |
| Standard | From 1.3 pips | None |
| Prime | From 0.0 pips | Yes (Varies) |
Trading Platform
TOPIATO provides the MetaTrader 4 (MT4) trading platform, known for its user-friendly interface and advanced trading features. The MT4 platform is available as a desktop application for Windows and Mac computers, a WebTrader accessible through any web browser, and a mobile trading app compatible with both Android and iOS devices.
Trading Tools
TOPIATO offers a range of essential trading tools to support their clients' trading activities. One notable tool is the economic calendar, which provides crucial information on upcoming economic events, such as interest rate decisions, GDP releases, and employment reports. This calendar helps traders stay informed about market-moving events, allowing them to anticipate volatility and make informed trading decisions.
Deposit & Withdrawal
TOPIATO provides a variety of payment methods to accommodate the diverse needs of its clients. Accepted payment options include bank wire transfers, allowing for secure and direct transactions from your bank account.
Credit and debit cards are also supported, offering a convenient and quick way to fund your trading account.
Additionally, electronic payment processors are accepted, providing flexibility and efficiency for online transactions.
User Exposure on WikiFX
On WikiFX, there are 71 reports detailing withdrawal issues, fraud, and scams etc., which raise serious concerns and serve as a strong cautionary signal to traders. We strongly advise traders to conduct a thorough review of all relevant details before making any decisions. Our platform is designed to be a vital resource in your trading journey, providing essential information to help safeguard your investments.
If you encounter any fraudulent brokers or have personally experienced malpractices, we encourage you to report them in our “Exposure” section. Your contributions are invaluable in our mission to protect traders, and our expert team is committed to promptly addressing your concerns. Together, we can foster a safer trading environment for everyone involved.
Customer Service
TOPIATO offers customer support primarily through email and their physical address.
Email: You can reach TOPIATO's customer support team via email at support@topiato.com. This channel allows you to communicate inquiries, issues, or requests for assistance.
Physical Address: TOPIATO provides a physical address located at 12B Capital House, 61 Amhurst Road, London, United Kingdom, E8 1LL, UK. This address serves as a point of contact for more formal correspondence or face-to-face interactions, although you should contact them beforehand for any appointments or specific service inquiries.
However, the absence of more immediate methods such as phone contact, live chat, or a social media presence deter those who rely on modern communication methods for quick and accessible customer support.
Conclusion
In conclusion, TOPIATO offers a variety of online trading services encompassing currencies, indices, commodities, shares, and cryptocurrencies. However, significant concerns arise from the broker's suspicious NFA clone status, ongoing issues with website accessibility, and numerous negative customer reviews. These factors collectively undermine confidence in TOPIATO's reliability and operational stability.
Therefore, we strongly advise against using TOPIATO. Instead, we recommend seeking alternative platforms that prioritize transparency, regulatory compliance, and reliable customer service.
Frequently Asked Questions
Is TOPIATO regulated？
No. The broker's NFA (National Futures Association) license numbering at 0538567 is suspected to be fake clone.
Is TOPIATO a good broker for beginners？
No. It is not a good choice for beginners. Not only because of its suspicious NFA clone status, but also because of its unavailable website and plenty of negative customer exposures regarding scam, fraud and withdrawal issues.
Does TOPIATO offer industry leading MT4 & MT5？
Yes, it offers MT4 trading platform through web, windows, iOS and Android devices.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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笑笑79948
Hong Kong
I have been deceived for 303000 by Wang Jie, Zhao Qiang, Guo Peipei, Zhang Feng. They are all liars and fraud groups that cannot withdraw. All the people within the group are shills and only the leader is a real person who has been deceived. Now they have absconded and can't login the website of the lecture Q1484602576
Exposure
2022-07-15
FX2547776582
United States
After 2 months they aren’t responsive to my request to take money out and I have now sent out complains . Topiato is only interested when you are placing money in your account, the moment you don't have any more money to add they stop sending their signals and information
Exposure
2022-07-12
FX695459
United States
They asked me to match another deposit with the same amount in the form of a bonus, but I didn't realize this was a scam until the Assetsclaimback/com group made me realize I was being taken advantage of and put together a case, which helped me recover my deposit from this dishonest trading company. I lost my money from the recommendation on the first day. Ingoinvest only wants you to invest more money so they may receive a greater commission; they do not care if you lose your investment.
Exposure
2022-07-12
FX3677991397
United States
Do not trust this company especially if like me you know little about trading. They will take your money and won't let you withdraw it when you need to! It's as simple as that, I raised this issue with the FCA and fintrack/ org stating the broker as a scam to which effect my portfolio balance was returned to me Do not be pressured into ‘investing’ ever increasing amounts. You will not be investing, but gambling. The account ‘managers’ are not out to make money for you but to make money for themselves.
Exposure
2022-07-12
FX3456787502
Hong Kong
Four teachers: Wang Jie, Zhao Qiang, Zhang Feng, Guo Peipei, A shares + Bitcoin, using the recommended stock wash as an excuse. Tricked our funds into their homemade bitcoin exchange market, and emptied the funds entirely on the grounds of operational mistakes. Basically everyone in the group
Exposure
2022-07-12
FX3776898440
United States
Please save your money and don’t touch this company they took from me around 65,000 pounds they pretend to help and guide you but when you decide to leave they take all the money to themselves;
Exposure
2022-07-11
小胖花接Hermès Rolex
Hong Kong
I was defrauded of 134,000, My friend was defrauded of 1.01 million We have reported the case and officially opened the case, and now we want to find the same as we were. Operate fake disks to defraud people for money
Exposure
2022-07-09
FX3406268700
Hong Kong
TOPIATO platform. Several teachers in the live room first analyzed Chinese stocks, and then induced to buy Bitcoin. The deposit is 76119.39, and the current balance is 74621.39. Today, the platform withdrawal website cannot be opened, and there is no response to the previous application for withdrawal. I hope to get help, thank you!
Exposure
2022-07-08
景色宜人
Hong Kong
A group with full of scam members. There are also four teachers who give lectures every day. They are called Zhao Qiang, Wang Jie, Guo Peipei and Zhang Feng. After speculating in stocks, I asked for a song and played with Bitcoin. The group is full of scam gangs, demand your loans and investments, and hard-earned money.
Exposure
2022-07-07
FX3677991397
Canada
They never let me withdraw money. I paid the tax insurance money of Euro 25,000 to withdraw money but now they have some other excuse that I still need to pay 25,000 CAD due to invalid profit ratio communicated to them by AML(Anti money Laundering) but I followed the money and had cases lodged with various fraud regulatory bodies inclusive of fintrack/ org for this reason, the investment was released Topiato will never miss calling you until they get money. Once they do, you are on your own.
Exposure
2022-07-07
FX1029051137
United States
Thanks to the assistance from traceasset(org), it would have been impossible to make a withdrawal, After putting in so much money with my account was locked and I could not longer gain access to it. The reason for this I believe to be because I put in a request to withdraw. Stay clear of them you can only make a deposit withdrawal in not possible.
Exposure
2022-07-06
小胖花接Hermès Rolex
Hong Kong
Trade bitcoin after inducement and cannot withdraw, and liquidate in one night.
Exposure
2022-07-04
徐小俊
Hong Kong
Suspect of fraud and cannot withdraw. Now, I cannot log in the account.
Exposure
2022-07-04
徐小俊
Hong Kong
The backstage cannot be logged in. The account cannot be logged in normally. How to withdraw fund?
Exposure
2022-07-04
星海之翼
Hong Kong
On June 30, 2022, the deposit is 20200 CNY, and the withdrawal on July 4 is delayed
Exposure
2022-07-04
Fx4679443
United Kingdom
Do not trust them. They are not legit like you think. They defraud my 10500 dollars. My account is locked after deposit. I try everything to contact the customer service support, but everyhing is useless. So, I have to invite the legal expert from Assetsclaimback. They quickly stopped these liars and withdraw from Topiato. They just want your capital.
Exposure
2022-06-03
FX3228247384
United States
This company use the stock live broadcast platform to induce investors to do stock index trading but refuses the option to withdraw. It was within this period i discovered fintrack .org and made out a complaint because Topiato wouldn't allow me withdraw as well, they restored my withdrawal access within weeks
Exposure
2022-05-21
FX2048620523
Taiwan
The account has been locked till now, and havs not been withdrawn. The customer service say that you can call the police and no one can find them. This platform is very bad. The account was frozen, so that the victim not only could not get the money, but even the money remaining in the bank account could not be withdrawn due to the embezzlement of the black-hearted platform, so everyone should stay away from the platform. The fate of all the scammers on this platform is now conceivable.
Exposure
2022-05-20
FX1387772722
United States
They set too many restrictions and force every investors to deposit, my money got stuck there because of their silly rules but the class action fintrack/ org aided gave in to the return of funds so i'd say this trading platform is totally a scam stay away and don't waste time on it
Exposure
2022-05-15
FX1387772722
United States
Firstly, demanded $5,000 for account activation. Secondly, demanded a one-time payment, 10% of account balance to make withdrawals. All upfront payments, Our money kept getting stuck , very incomprehensible of them to initially say the payments cannot be collected from my account balance. TOPIATO is definitely a fraud.
Exposure
2022-05-15