Brokers  /  TOPLINE

TOPLINE

Moderate risk
Pakistan · 5-10 years · since 2019-08-22 · Topline Securities Ltd
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.58/10
Trustpilot/5
Forex Peace Army/5
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No sign that TOPLINE 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.
45
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
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 age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)5010%

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 nameTopline Securities Ltd
Headquarters Pakistan
Founded2019-08-22
Years operating5-10 years
Employees0
Official websiteaof.com.pk
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
8th Floor, Horizon Tower, Plot # 2/6 Block-3, Clifton, Karachi

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

TOPLINE is an unregistered entity in Pakistan with no clear business offerings and no regulatory oversight. The scarcity of verifiable information and the absence of client reviews make it a high-risk proposition for retail traders. Until more details emerge, it is advisable to avoid this broker.

Not for
  • Traders seeking a regulated broker
  • Investors requiring transparent operations
  • Anyone looking for leveraged forex or CFD trading
Period:

Real user reviews

Where TOPLINE operates

Active across 1 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇵🇰 Pakistan

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About TOPLINE

Overview

TOPLINE is a Pakistan-based entity registered on August 22, 2019. Its official website is aof.com.pk, and its registered address is 8th Floor, Horizon Tower, Plot # 2/6 Block-3, Clifton, Karachi. The entity maintains a presence on Facebook and LinkedIn.

At present, no independent public information is available regarding TOPLINE's specific business activities, product offerings, or trading platforms. The absence of regulatory licenses on file further limits the ability to assess its operations or client protections.

Regulation and Licensing

Our research indicates that TOPLINE is not registered with any known financial regulatory authority. The company's regulatory status is listed as 'NONE' in our records. This means there is no oversight from bodies such as the Securities and Exchange Commission of Pakistan (SECP) or other international regulators.

For traders, the lack of regulatory supervision is a significant risk factor. Unregulated entities may not adhere to standard financial safeguards, and clients have limited recourse in the event of disputes or misconduct.

Product and Services

The official website aof.com.pk does not provide clear information on the financial products or services offered by TOPLINE. It is unclear whether the entity operates as a forex broker, stockbroker, or provides other financial services.

Without verifiable details on account types, trading platforms, or instruments, it is impossible to evaluate the suitability of TOPLINE for any particular trading or investment activity. Prospective clients should exercise extreme caution.

Risk Assessment

FXCanary has assigned TOPLINE a Scam Risk Score of 45 out of 100, indicating a 'Guarded' risk level. This score reflects the combination of an unregulated status, lack of public information, and limited web presence.

Potential investors should be aware that the absence of regulatory oversight and transparency means that funds placed with this entity are not protected by any compensation scheme. We strongly recommend conducting thorough due diligence before engaging with TOPLINE.

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