Brokers  /  TOP MARKET

TOP MARKET

High riskForex / CFD broker
Bulgaria · 2-5 years · since 2023-05-11 · TOP MARKET
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.42/10
Trustpilot/5
Forex Peace Army/5
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No sign that TOP MARKET actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
54
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameTOP MARKET
Headquarters Bulgaria
Founded2023-05-11
Years operating2-5 years
Employees0
Official websitetop-market.io
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

TOP MARKET is an unregulated broker based in Bulgaria, founded in May 2023. The absence of any financial licence and the elevated risk score of 52/100 suggest that it poses significant risks to traders. Without regulatory oversight, there is no assurance of client fund security or fair trading conditions, making it unsuitable for most retail traders.

Not for
  • Traders seeking regulated brokers
  • Investors concerned with fund safety
  • Beginner traders requiring a trusted environment
Period:

Real user reviews

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About TOP MARKET

Company Overview

TOP MARKET is a trading brand operating under the domain top-market.io. The company was established on 11 May 2023 and is registered in Bulgaria.

As a relatively new entrant to the retail trading space, TOP MARKET offers online trading services. However, detailed information about its corporate structure, ownership, and physical address is not publicly disclosed in the available records.

Regulatory Status

Our records indicate that TOP MARKET does not hold any recognised financial regulatory licence. This means that the broker is not authorised or supervised by any major financial authority such as the FCA, CySEC, or ASIC.

The absence of regulation is a significant factor for traders to consider, as it implies that there is no independent oversight of the broker's operations, client fund segregation requirements, or dispute resolution mechanisms. The FXCanary Scam Risk Score is 52 out of 100, indicating an elevated level of risk.

Trading Platforms and Instruments

Information regarding the trading platforms and instruments offered by TOP MARKET is not available from independent public sources. Typically, brokers offer platforms like MetaTrader 4 or 5, or proprietary web-based platforms, but this cannot be confirmed for TOP MARKET.

The range of tradable assets – whether forex, indices, commodities, or cryptocurrencies – remains undisclosed. Traders are advised to seek this information directly from the broker's website, but given the lack of regulatory oversight, any such claims should be treated with caution.

Account Types and Deposits

No official details about account types, minimum deposit requirements, leverage options, or spreads are available in the public domain. Without regulatory filings or verified user feedback, it is impossible to independently verify any of these aspects.

Similarly, deposit and withdrawal methods, processing times, and any associated fees are not documented in accessible records. The lack of transparency is a red flag for potential clients.

Client Protection and Risk Considerations

Because TOP MARKET is unregulated, clients do not benefit from investor compensation schemes or negative balance protection that are standard under regulated brokers. There is no guarantee of fair trading practices or protection of client funds.

Traders should be aware that dealing with an unregulated broker carries inherent risks, including potential difficulties in recovering funds in case of disputes or broker insolvency. It is strongly recommended to conduct thorough due diligence and consider only regulated alternatives.

Overview compiled by FXCanary from regulatory records and public data. full TOP MARKET review