Is TopTradePro a scam or legit broker?

No, it is not safe to trade with TopTradePro. TopTradePro is owned by Ideas in Motion LTD, which is an offshore company registered in the Marshall Islands.

The Marshall Islands is notorious for its practically absent requirements and regulations. Due to the setup cost is low and it does not regulate forex trading. Therefore, it became an offshore zone for shady forex brokers such as MegaTradeFX, Finbitex and more.

According to the website, TopTradePro offers best customer service, superior access to the most useful assets, and trading without commission resulting in last longing profits. However, we have a lot of questions about its reliability. The company doesn’t provide any information about its regulation and most probably is not authorized by any regulatory authority.

The only contact provided on the website is the phone number with a British code. TopTradePro is not regulated to provide its financial services in the UK. Moreover, the broker has gotten into the blacklist of the Austrian regulator Financial Market Authority (FMA):

“TopTradePro / Motion LTD is not entitled to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to conduct deposit-taking business.”

We strongly advise all investors and traders to avoid TopTradePro and other brokers from the Marshall Islands. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as City Index and eToro.

Kennedy From South Africa | | Wednesday, July 24, 2019

I was scammed by TopTradePro. Don’t invest with TopTradePro as you will never get your money back. I was contacted by a broker “Cindy” who claims to work for loss recovery program by Main Trading Centre. She claimed that they will recover the my capital from my previous broker as i was scammed. This was a trial and for them to assist i needed to have an active account with a broker they recommended – “TopTradePro”. I opened the account with them and to date there has been no progress on the recoverey program. I submitted a request to withdraw my funds from the broker over 3 months ago and to the time of writing no payment has been made, though numerous emails wre sent to their Support email address, to Tyler Kelly, Kirk Bushem and Ryan Miller and now they are ignoring my emails.

No news available.

3 responses to “TopTradePro”

  1. TopTradePro are scammers and not to be trusted. You will never get your money back. Don’t invest with them.
    i was contacted by a broker “Cindy” who claims to work for loss recovery program by Main Trading Centre. She claimed that they will recover the my capital from my previous broker as i was scammed. This was a trial and for them to assist i needed to have an active account with a broker they recommended – “TopTradePro”. I opened the account with them and to date there has been no progress on the recoverey program. I submitted a request to withdraw my funds from the broker over 3months ago and to the time of writing no payment has been made and now they are ignoring my emails.

  2. I live in Thailand for 20 years, are the sole parent of my 9 year old daughter, had sufficient money in my account,then I saw this FB ad for Libra coins. Like a toy to have on your phone. But no wallet came. Sent a mail. Sure no problem, they said. As a first time at this, I had no idea what was happening, but when he pressed “buy,” I said hey, you did`n buy anything? No, he said, it`s just a reservation. I checked my account, and 4000 us was gone. What to do, slam down the phone, scream at the guy, an loose 4000 us, or play along and see what happening. What happened was that 2 months later, TTP had scammed me for 75.000 us. Oh, they are soo slick, smooth, always another explaination. With no money left, I have to leave Thailand no later than i 1 month, my daugther, witch has no contact with her mother, can not provide a passport so I can bring her to Norway. It`s a bloody disaster. All for greed!

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