ForexQ.com
FINANCIAL INSTITUTION INFORMATION PLATFORM

Review verifiable information about forex brokers, banks, fintechs, crypto exchanges and payment providers in one place.

Verify with the source.Wherever possible, information is matched against official registers and primary sources.
When was it checked?We clearly show when each critical piece of data was last checked.
Know the type of information.We classify user complaints, company statements and official records separately.
RECENTLY ADDED

Recently Added Institutions

The latest institution profiles added to ForexQ.com.

INVESTMENT PLATFORMEpidi

Epidi, operated by Paphos-based, CySEC-licensed Epidi EU Ltd (461/25), offers access to more than 10,000 instruments in shares and CFDs on energies, indices, crypto, currencies and metals, with fractional investing, through its in-house mobile app.

Open profile →
BROKEREZInvest

EZInvest, the trading name of Nicosia-based, CySEC-licensed WGM Services Ltd (203/13), offers more than 400 CFDs to EEA clients via Sirix Webtrader, MT4 and a mobile app; clients outside the EU are served through world.ezinvest.com by FSCA-authorised Sanus Financial Services.

Open profile →
INSTITUTIONAL LIQUIDITY PROVIDERTopFX

Limassol-based, CySEC-licensed TopFX Ltd (138/11) provides institutional liquidity in forex, indices, metals, energies and other CFDs to brokers, banks, funds and professional traders via FIX API, and does not serve retail clients.

Open profile →
BROKERAGE FIRMRenaissance Capital

Renaissance Capital, run by Nicosia-based, CySEC-licensed Renaissance Securities (Cyprus) Ltd (053/04), provides investment banking, global markets and prime brokerage services across more than 50 frontier and emerging markets focused on Central and Eastern Europe, Africa and MENA.

Open profile →
BROKERCTS Cloud Trading Solutions

Nicosia-based, CySEC-licensed CTS Cloud Trading Solutions Ltd (224/14) offers access to more than 1,000 instruments, including over 185 currency pairs and CFDs on commodities, indices and shares, via MetaTrader 5 and a REST API.

Open profile →
BROKERAGE FIRMEMKAP

The EMKAP group, made up of Limassol-based, CySEC-licensed EMKAP Ltd (077/06) and FCA-authorised EMKAP UK Ltd, provides brokerage, custody, clearing, portfolio management, repo and underwriting services in emerging-market and high-yield bonds.

Open profile →
HOW IT WORKS

See the level of evidence
on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

  1. 01Data
  2. 02Source
  3. 03Verification
A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

TopFX

Institutional liquidity provider · Cyprus

About the company

Legal company nameTopFX Ltd
Year founded—
Headquarters / registered countryLimassol, Cyprus
Websitetopfx.eu
Last checked09.10.2026

According to its official website, TopFX is an international prime brokerage firm specialising in liquidity provision. Services are provided by TopFX Ltd, operating in Limassol, which the site says is authorised by CySEC under CIF licence 138/11; the site also states that the company is a member of the Investor Compensation Fund and is registered with the Seychelles Financial Services Authority (FSA), but gives no number for that registration. The company offers liquidity aggregated from tier-1 banks in more than 80 currency pairs, 14 indices, metals, energies and other CFDs to brokerages, regional banks, family offices, wealth managers, institutional and hedge funds, algorithmic fund managers and proprietary trading firms, using FIX and REST API connectivity, LD4 and NY4 data centres and smart order routing. The site says TopFX (Cyprus) Ltd does not offer services to retail clients and individual investors and that its content is intended for institutional clients only. This information is the company's own statement.

Account Details

ACCOUNT TYPESInstitutional clients only
MIN. DEPOSITNot stated
PLATFORMSFIX API · REST API
PRODUCTSInstitutional liquidity in 80+ currency pairs, 14 indices, metals, energies and other CFDs
LEVERAGENot stated

Licences and regulation

CySEC (Republic of Cyprus)

Licence no.138/11
Licence holderTopFX Ltd
ScopeListed in the CySEC register as a Cyprus Investment Firm under TopFX Ltd, licence 138/11; licence date 19 Apr 2011. Services: order reception/transmission, order execution, dealing on own account, portfolio management.
StatusVerified

User complaints

User reports found online are classified by topic. The charts show how reports are distributed; the reports are compiled from records on platforms that verify users and screen out fake reviews.

Period reviewed: September 2019 – October 2026

  • Account / trading conditions: 7
  • Withdrawal / payment: 6
  • Bonus / promotion: 2
  • Identity verification: 1

LOW — COMPLAINT LEVEL

60% of institutions with complaint records received more complaints than this one.

BY TOPIC — Account / trading conditions: Medium · Withdrawal / payment: Medium · Bonus / promotion: Very high · Identity verification: Medium

SOURCES REVIEWED

The complaint distribution is based on the 1-star reviews on TopFX's Trustpilot page (7) and WikiFX (9) records as of 9 October 2026; one person's reviews count once, and records about fake sites and third parties using the TopFX name are left out. Across the complaints, allegations of accounts being closed and profits cancelled after gains, withdrawal requests left pending and the removal of bonuses stand out.

Sources and verification history

Official company sourcestopfx.eu — Institutional homepage, About Us, Our Services, Our Clients and Regulations & Licences pages and footer
Regulator recordsCySEC — TopFX Ltd, licence 138/11 (cysec.gov.cy)
Company registerCyprus Registrar of Companies — TopFX Ltd, HE 274180
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified09.10.2026

File a Complaint