TopMarketCap Review : Fees, Pros and Cons, Reviews by Real Traders

TopMarketCap

Operating status: SCAM

Website: https://topmarketcap.com/

Broker violations and abnormal records

Feb 13, 2022 The Ontario OSC Added TopMarketCap into Its Warning
On 14 Feb 2022, the Ontario Securities Commission (OSC) issued a warning that TopMarketCap is not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/topmarketcap

On 14 Feb 2022, the Ontario Securities Commission (OSC) issued a warning that TopMarketCap is not registered in Ontario to engage in the business of trading in securities. You may visit: https://www.osc.ca/en/investors/warnings/topmarketcap
Aug 15, 2022 BrokersView has Reviewed that TopMarketCap is an Unregulated Forex Broker
TopMarketCap claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
TopMarketCap presents three telephone numbers that belong to three countries - Australia, the United Kingdom, and Austria. So we searched the Australian Securities & Investment Commission (ASIC), the United Kingdom Financial Conduct Authority (UK FCA), and the Austrian Financial Market Authority (Austria FMA). However, we did not find any results that matched this broker. That means TopMarketCap is not authorized to provide financial services in Australia, the UK, and Austria.
Moreover, the Ontario Securities Commission (OSC) issued a warning that TopMarketCap is not registered in Ontario to engage in the business of trading in securities.
The truth is that TopMarketCap is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

TopMarketCap claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. TopMarketCap presents three telephone numbers that belong to three countries - Australia, the United Kingdom, and Austria. So we searched the Australian Securities & Investment Commission (ASIC), the United Kingdom Financial Conduct Authority (UK FCA), and the Austrian Financial Market Authority (Austria FMA). However, we did not find any results that matched this broker. That means TopMarketCap is not authorized to provide financial services in Australia, the UK, and Austria.Moreover, the Ontario Securities Commission (OSC) issued a warning that TopMarketCap is not registered in Ontario to engage in the business of trading in securities.The truth is that TopMarketCap is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Nov 27, 2022 BrokersView has found that TopMarketCap is not working
BrokersView found the domain "https://topmarketcap.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

BrokersView found the domain "https://topmarketcap.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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