forextopexchangeofficial.com is a CFD broker with a domain registered on March 27, 2024. This broker primarily offers investors trading services in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to countries and regions that may violate local laws or regulations.
Company Registration Information and Regulatory Status
According to public information on the forextopexchangeofficial.com website, this broker was established in 2016, using "Forex Top Exchange Official" as its trade name and is regulated by the Australian Securities and Investment Commission (ASIC). Beyond this, the broker has not disclosed the company entity's registration information or detailed regulatory information.
Upon verification, the Australian Securities and Investment Commission (ASIC) does not have any record of a regulated company under the name "Forex Top Exchange Official."
Therefore, forextopexchangeofficial.com is actually a scam broker website with neither a company entity nor any regulation.
Account Opening Process
The account opening process for forextopexchangeofficial.com involves: visiting the broker's official website, clicking "Open Account" on the homepage or "SIGN UP" at the top right corner of the webpage to enter the account registration page, filling in personal information such as name and email, setting a login password, and submitting it. After submission, verify the account to complete the registration successfully.
Trading Instruments:
forextopexchangeofficial.com offers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from currency fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific industries without trading individual stocks. By exploring popular indices, diverse trading opportunities can be discovered, and potential returns enhanced with high leverage.
- Commodities: Commodity trading covers key resources of global markets, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading enables investors to participate in the price movements and dividends of public companies based on company performance without directly owning the stocks.
- Cryptocurrencies: Cryptocurrency trading offers digital currency enthusiasts the opportunity to profit from highly volatile assets.
Investment Plans
forextopexchangeofficial.com offers four types of investment plans: BRONZE ACCOUNT, SILVER ACCOUNT, GOLD ACCOUNT, and PLATINUM ACCOUNT.
BRONZE ACCOUNT:
- Minimum deposit: $1,000
- Expected maximum profit: $2,999
- 24/7 customer service
- Trader education*
- Risk management
- Tax-free spread trading profits
SILVER ACCOUNT:
- Minimum deposit: $3,000
- Expected maximum profit: $4,999
- 24/7 customer service
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
GOLD ACCOUNT:
- Minimum deposit: $5,000
- Expected maximum profit: $9,999
- 24/7 customer service
- Full benefits
- Trader education*
- Advanced risk management
- Tax-free spread trading profits
PLATINUM ACCOUNT:
- Minimum deposit: $10,000
- Expected maximum profit: $100,000
- Professional Forex signals 24/7
- Up to 10 signals per day
- 95% success rate
- Round-the-clock support
- Advanced trading tools
- Bitcoin payments only
- Use any broker
Trading Platform
forextopexchangeofficial.com offers a proprietary trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with overstanding liquidity providers and more than 12,000 orders executed per second.
Deposits and Withdrawals
forextopexchangeofficial.com only supports deposits and withdrawals via cryptocurrency.
Conclusion:
Traderknows reminds investors that forextopexchangeofficial.com is a scam broker that lures investors with promises of high returns. This site has neither a physical company nor any regulation. It is recommended that investors choose brokers with transparent information, strong regulation, and a good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
