TopFX is a leading institutional prime broker that was founded in 2010. They offer superior trading conditions, exceptional pricing, and connectivity through a centralized, tier-one liquidity pool. With access to a range of liquidity pools, you can trade foreign currency pairs and currencies with top-tier speed and accuracy. They are located in London, New York, and Singapore. To learn more about their services, read on below. Here are some key features you should know about this institution.
First, TopFX offers two account types: commission-free and non-commission-based. Both have the same trading conditions and pricing environment and are approved by the CySEC. As such, they rank among the industry’s best. The disadvantage of using TopFX is that you cannot open a foreign currency account if you are a resident of the United States. However, the service is available to people in countries like Japan, Iran, and North Korea.
Next, TopFX accepts several types of payment. It allows clients to use credit and debit cards, Skrill, Neteller, Webmoney, and China Union Pay. All funds are kept in segregated accounts at Tier-1 global banks and are completely separate from the company’s operating funds. In addition, TopFX was one of the first LPs to connect liquidity to their cTrader platform, and they are also the first broker to integrate the cTrader platform with liquidity providers.