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341 firms on file · 202 identified entity records 73 carry a published regulator notice

Caution

RECORD BW-4034LICENSED — WITH A STRUCTURAL CAVEAT

TopFX

2 legal entities are on file for this firm, across 2 jurisdictions. The strongest supervision on file is Tier 2.

Caution means: The group holds a licence we could verify, but the record shows a caveat you have to read: an offshore entity in the same structure, a registration that is not a financial licence, or leverage well above tier-1 retail caps.

LAST CHECKED
2026-09-02
ENTITIES
2
JURISDICTIONS
2
BEST TIER
T2
CONFIDENCE
MEDIUM
REGISTER SYNC
2026-11-05

Jurisdiction gap — read this before you deposit

Every entity on file is offshore. There is no tier-1 authority supervising the account you would open.

A group can hold a tier-1 licence and still onboard you through an offshore entity in the same structure. The licence protects clients of the entity that holds it — not every client of the brand. Check which company name appears on your own client agreement, then look that company up in the table below.

Entity-by-entity licence record

One row per legal entity in this firm's structure. Numbers are reproduced exactly as published; every row links to the source we read them from.

Legal entityAuthority / registryNumberJurisdictionTierWhat it isSource
TopFX LtdCySEC138/11CyprusT2Financial licencecysec.gov.cyhttps://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/37585
TopFX Global LtdFSA SeychellesSD037SeychellesT3Financial licencetopfx.comhttps://topfx.com/sc/pdfs/15Years_Contest_T&Cs.pdf

Scroll the register sideways — the entity column stays pinned.

Paste any number above into the named authority's own search. If a number a firm advertises does not return that firm on the authority's register, treat the claim as unverified.

What the record says

Statements of fact drawn from the entities above. Each one is checkable against a source URL in the licence table.

  1. F01The CySEC register lists TopFX Ltd, licence 138/11 issued 19/04/2011, company registration 274180, KSENOS Building office 502, Troodous 2, Agios Athanasios, Limassol.
  2. F02TopFX's own promotion-terms PDF states 'TopFX Global Ltd ... is licensed by the Financial Services Authority (FSA) of Seychelles under the License No: SD037'.
  3. F03The FSA Seychelles capital-markets register lists TopFX Global Ltd at Office No. A18D, Providence Complex Building, Providence, Mahe, trade name 'TopFX', domain topfx.com.sc.
  4. F04A 2021 archived TopFX account page states RAW and ZERO accounts were available on MT4 and cTrader.

Not verified at last check

Recorded openly rather than filled with a plausible guess. A blank on this register means we could not confirm it on 2026-09-02.

  • not verifiedfounded year not verified
  • not verifiedminDeposit and maxLeverage not verified from current own pages
  • not verifiedspreadEurusd not recorded — the RAW account 'from 0.0 pips' is an advertised floor, not a EURUSD figure
  • not verifiedinstruments not verified from own pages
  • not verifiedsegregatedFunds and negativeBalanceProtection not verified
  • not verifiedaccount/platform list comes from a 2021 archived own page — the current account range may differ

Account conditions on file

As published by the firm. Blank fields were not confirmed.

Incorporated
not verified
Registered office
KSENOS Building, Office 502, Troodous 2, Agios Athanasios, 4105 Limassol, Cyprus
Minimum deposit
not verified
Leverage offered
not verified
Quoted EUR/USD spread
not verified
Trading systems
MT4 · cTrader
Account tiers
RAW · ZERO · Islamic
Leverage above a tier-1 retail cap is normally only available through an offshore entity. If the figure above is far above 1:30, check which entity is offering it in the licence table.

Sources

Every URL below was read before this record was published.

PublisherDocumentRETRIEVED
CySECTopFX Ltd — Cyprushttps://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/375852026-09-02
FSA SeychellesTopFX Global Ltd — Seychelleshttps://topfx.com/sc/pdfs/15Years_Contest_T&Cs.pdf2026-09-02

Register office

Checked by
Priya Nair · Register office · Regulation & Safety Lead

Every entity row on this record was checked against the authority's own database or the firm's own published legal page. Where no number was published, the field is left as “not verified” rather than filled.