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TopTrade500 is an online investment firm that guarantees multi-asset Investments. It promises the use of the best technology to generate tremendous outcomes. You would reason state-of-the-art services are a common red flag among fraudulent companies. It guarantees massive investment outcomes. Yet the strategy it imposes to generate profit outcomes is questionable and doubtful. As you read this impartial review on TopTrade500, we highlight the murkiness visible. You end up rethinking any investment decisions with the broker.
Meanwhile, these forex investment firms apply tried-and-tested strategies. Unlike TopTrade500, you enjoy pleasing results on your hard-earned money. TopTrade500 promises consistent profits across six assets.
The investment firm promises various instruments from CFDs, Cryptocurrencies and Futures. The online investment niche is no Child’s play. Relying on the wrong strategies attracts adverse outcomes. It immediately requires you to set up an account and start benefiting profitably. Even so, the traffic does not match the massive number of customers it brags about making rich.
TopTrade500 makes trading seem like a walk in the park. Furthermore, if so, all would enjoy the benefits of online investments. The sign-up process requires you to share personal data. Moreover, nothing it promises traders is sensible. TopTrade500 claims to have a premium listing on the London stock exchange market.
Toptrade500.com guarantees fast investment. Also, you expect to rely on robust technology for investment services. The investment firm does not provide any algorithm its software uses to stand out. The forex and crypto niche faces massive competition. Also, there is no such thing as consistent results.
While investing, you may encounter losing results. Price actions and inflation, among other factors, affect changes in price patterns. You can limit loss outcomes by setting up a stop loss, among other convenient risk management measures. Automated trading is preferable to humans due to a non-emotional mix-up with trading directions. The wrong software attracts adverse outcomes.
TopTrade500 aims to provide training services to all sorts of customers. No expert investor is likely to waste time or money on the company. Beginners require valuable educational materials to understand how the market operates. The investment firm does not feature any video tutorials among valuable materials for academic purposes.
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Scammers promise the best academic assistance. You come across basic trading terms explanations. Investors can easily find similar data online for no extra cost. You can access the services it offers through the web platform. It claims to have an app that is not available anywhere.
TopTrade500 Account and Trading Conditions
TopTrade500 has four investment plans: Mini, Standard, Silver and Gold. The minimum investment amount is 250 – 100000 EUR. There is no reason to pay more, considering no account variance. TopTrade500 offers pips from 0.2 to 0 pips.
The investment firm’s trading conditions are pathetic. It only appears to have an interest in your money. TopTrade500 does not have any evidence of trading activities taking place. Accordingly, it is likely to make negative outcomes which explain why similar information is missing. Trade history for three months or more assists in determining the outcomes to expect.
TopTrade500 software is not compatible with MetaTrader. MetaTrader offers various advantages and is a compatible platform for investment purposes. Relying on any web trading platform may expose you to malicious third-party attacks.
How Toptrade500.com Operates
Toptrade500.com does not present a suitable study for operation. Also, it exposes numerous similarities to scams and tasteful stop and suspecting any sort of preferential treatment from fraudsters is absurd. Therefore consider business between you and fraudulent companies over. It may persuade you to make deposits through various means.
TopTrade500 does not estimate the returns to expect. Fraudsters promise attractive returns that are improbable to attain even for well-established companies. Also, you may come across a bonus on the first deposit at 100% or more. Accordingly, you can not withdraw the reward funds even after meeting the task ahead.
The investment firm not only fails to showcase transparency in its operations. It does not avail any details regarding this from the team of employees. There is no information to prove qualification. You immediately question its expertise in the forex and crypto market. Also, you may end up relying on trading directions from people who have no clue how the market operates. Fraudulent entities maintain anonymity.
They result in creating clone companies and attempting to defraud more money from innocent customers. TopTrade500 generates news and market analysis data. The same data comes from mysterious unreliable sources. Hence, considering the volatile nature of the market. You might end up relying on expired information.
TopTrade500 does not guarantee the safety of funds. Additionally, the security of your money is a top factor to consider in any platform. The investment firm maintains anonymity which is a stronghold among scammers. Not only do you risk losing funds. Personal data may fall into the wrong hands leading to criminal activities.
Accordingly, there is no evidence of swift transactions by traders. The only people likely to benefit are the mysterious people behind its operation. As a result, they may end up keeping your money in a personal account while you wait for mysterious profits. The investment firm features a trial account with $10000. Hence it would be best if you stuck to the demo account until it makes further updates on transparency.
Deposit and Withdrawal
TopTrade500’s minimum investment amount is $250. Accordingly, the funding options are unknown. Scammers, on the other hand, accept payments through non-refundable options. In addition, wire transfers and cryptocurrency transactions are irreversible. It is best to consider the Credit/Debit option for chargeback up to 540 days.
The investment firm does not feature any evidence of successful withdrawal transactions. You’ll likely have a tough time accessing your money without withdrawal policies. TopTrade500, like any other fraudulent company, will find ways to hold your money for long. Eventually, scammers create ways to disappear with your money without a trace.
TopTrade500’s location address is Welketrasse 86, 72213 Altensteig Deutschland. However, from extensive research, the location information does not correlate to the company. There is no certainty that you can rely on the customer support data available.
The investment firm does not feature any telephone contact or email support. You can only reach them through a section available on the website. You should receive an instant reply to a query, if not fast. Active customer support assists in boosting trust with the company. Also, it aims to provide a friendly interface that is not easily attainable without proper customer relations.
Regulation status of TopTrade500
TopTrade500 does not appear under the radar of a legit regulator. Also, it is illegal in most countries to access public funds without mandatory adhering to regulations. The investment firm can easily go against trading laws since it’s not bound to any guidelines.
Moreover, these regulated forex investment firms showcase a high level of transparency. You can easily find and verify the regulation documents with the responsible watchdogs. Scammers cannot afford regulation fees and easily face bankruptcy quickly. The investment firm failed to provide details regarding its founders because they risk facing criminal charges for illegal operations.
TopTrade500 is not convenient for investment purposes. The company is only after your money. Traders complain they have lost funds; you should not ignore the negative remarks. Accordingly, you should research thoroughly and read reviews from reliable sources. Furthermore, these reliable forex investment firms showcase commendable investment approaches. Unlike Toptrade500.com, you enjoy sensible returns on your hard-earned funds.