Topoption Review and Latest Bonus Information of the Broker

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TopOption Review

Introduction

TopOption pride themselves on standing out as a binary options innovator and they are also proud of their claim to be the first binary options broker that was regulated. Now there are many more regulated brokers but they were pioneers and this gives their reputation as a reliable and trustworthy broker a boost.

TopOption was founded in 2002 by Safecap Investments Limited. The company has a strong profile for performing well in binary options and has founded several brokerages. They are regulated by the Cyprus Securities and Exchange Commission (CySEC) which provides an additional safeguard for traders with security concerns.

The strong reputation which precedes TopOption is backed up by a well-designed platform, a choice of web-based and mobile app trading options and a focus on providing smart, user-friendly products and services to make all of their traders enjoy their experience. In their own words they are committed to empowering new traders and providing every trader at their site with expert assistance, support and a simple and effective platform to generate success.

In this review, you will learn:

    Their range of account types, trade types and assets The special features which make them stand out Why they have such a strong and legit reputation

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Account Types

TopOption offers a choice of three different account types, they will also give you a free basic TopOption demo account if you ask nicely:

Starter Account

A Starter Account requires a minimum deposit of $100 and gives you the chance to enjoy a bonus of up to $250. You get introductory 1-on-1 trading from their experts as well as a free access to their Starter Guide eBook. You will also have full access to their eVideo library, newsroom research, alerts and updates and a starter level account manager. You can trade on both their web and mobile platforms with a Starter Account.

Pro Account

A Pro Account requires a minimum deposit of $1000 and comes with a professional account manager. You will be rewarded with a welcome bonus of up to $500 and receive 3 hours of expert 1-on-1 training as well as access to the Starter Guide and Advanced Guide eBooks. You will have full access to eVideos, newsroom research, alerts and updates too.

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VIP Account

For elite traders out there, TopOption offer their VIP Account. The minimum deposit for this account is $5000 and you will be rewarded with a bonus of up to $2500. Your account manager will be a specialist and you will have access to both their eBook guides as well as all newsroom research, alerts and updates, as well as their eVideos. Additionally, VIPs have unlimited access to 1-on-1 training and can access off trading hours assistance and access the trading central report.

Trade Types And Payouts

TopOption offers a diverse range of different trading types and they offer a maximum return on investment of 85%. Below is a closer look at some of the trade types:

High/Low Options

The most commonly traded binary options are High/Low. Simply predict whether the value of any asset will increase or decrease in value during a set time period.

One Touch Options

One Touch options are very straightforward, you simply predict that your chosen asset will reach a predetermined price before you place your trade. If you have success with a one touch option it lives up to its name and you have a winning trade in a single touch. It’s worth nothing that some high yield One Touch options have high payouts of up to 500%.

Early Closure Options

Based on a three-minute time period, this type of trade allows you to opt to take any profit out at this stage, although you need to remember you will not be paid out the full amount, rather a percentage of the profit by exiting early.

60 Second Options

If you like the thrill of speedy trading then 60 Second options ensure you can work quickly and with the right trades, generate a profit in super-quick time.

ProOption

ProOption is an exciting feature from TopOption which lets you determine two assets and make trading like a pro much more straightforward thanks to the innovative tools the broker put at your disposal. You can pick between two popular assets and let them face off against each other.

TopOption stands out in the market as one of the most trustworthy brokers.

Bonuses And Promotions

TopOption has an inviting welcome pack for new traders. There is up to a 100% welcome bonus on offer and you can choose between a 50% bonus on a $200 deposit or a 100% bonus on a $500 deposit.

They also offer a Refer a Friend promotion where there is up to $350 or more available in bonuses if your friend makes a deposit. Even if your friend only deposits the minimum $100 you will receive a $35 bonus so it is worth letting know any trader friends know if you sign up to TopOption and enjoy their platform.

Mobile Trading

TopOption make it easy to trade on any device. You can use their web-based platform and you can also download the app to your iOS (iPhone or iPad) or Android device. If you already have an account you can register directly via your mobile browser and then download the app to access your full account.

Mobile trading with TopOption is super simple and you will have access to your account and be able to manage it with ease via your mobile phone or tablet. You can access 60 Second options trading, the fastest paced market trades available and you can also trade on the go with ease, with up to 85% payout on any winning trades and access to the most popular stocks and assets. The TopOption mobile app is compatible with both Android and iOS and can be found both in the Apple App Store and on Google Play and has been designed to make it easier than ever to trade as you travel.

Deposits And Withdrawals

As mentioned the minimum deposit you can pay in to open your TopOption account is $100 and you can place a minimum trade investment to open from $5. There were no withdrawal problems we encountered and no deposit fees are attached to your account. There are also no withdrawal limits and each withdrawal will be processed back to the payment method you used for your deposits.

The process for making withdrawals and deposits is extremely straightforward and you have a choice of payment options which includes credit cards, fast bank transfer and the eWallet Webmoney.

Special Features

This broker has two unique and innovative features which make it stand out from competitors and you can use them as you trade.

The first of these options is Buy Me Out. This is an exclusive feature designed by TopOption which gives traders the choice of closing their position early, before the expiry time. Buy Me Out can be used whether you’re in profit or in loss, as long as it is at least 5 minutes before the expiry time.

The second special feature is the unique Rollover feature. This allows traders to delay their expiry time. You do this through increasing your initial investment by 30% and this in turn allows you to postpone the trade expiry.

TopOption stand out because they integrate their range of innovative tools into every aspect of their platform and they make it easy for even complete newbies to understand and get to grips with binary options trading very quickly.

Customer Support

All traders can contact a member of the friendly and knowledgeable support team via e-mail, live chat and also via a toll-free phone number. TopOption make a very genuine commitment to their customers and this goes beyond just looking after their VIPs. They offer their customer support in a range of languages (10 in total) and it is provided 24 hours a day, five days a week and they pride themselves on offering individualised support for each trader.

Once you make your first deposit at this brokerage you will be assigned your account manager and they should provide you with any additional support you need and it’s worth making sure you make use of your 1-on-1 trader training too as the experts at TopOption are ready and waiting to provide you with insight to success.

Here are the contact details for TopOption:

    Email – [email protected] Phone – +44 800 170 0124 Address – Treppides Tower, 5th Floor, 9 Kafkasou Street, 2112 Nicosia, Cyprus

Conclusion

Let’s finish up our TopOption review here. TopOption stands out in a market as one of the most trustworthy and high integrity brokers out there. We found nothing online via their service of third party complaints to imply that they are a scam. They make it easy for traders to access the markets and the choice of web and mobile platforms, both offers to a high stand also ensures they maintain their great reputation. The fact that they are fully regulated is another plus point and they are a genuinely reputable brokerage who offer great support and resources to help traders succeed.

They also stand out because they are continually evolving and innovating and they are committed to providing the most user-friendly binary options trading environment online.

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Frequently Asked Questions

Is TopOption legit, will they scam me?

Every broker that is recommended by us goes through intense scrutiny. Every broker is tested and marked on a number of factors which include their licensing and regulation.

Do they have a decent mobile or tablet app?

As well as having a desktop site and a responsive mobile website TopOption also have an app available for iOS and Android available on the App Store and Google Play.

What bonus do they offer new traders?

If you make a $200 deposit, instead of the 20% you would usually get TopOption actually give you 50%. With a deposit of $500 this rises to 100%.

Can I start trading on a free demo account?

A TopOption demo account is available to traders who deposit a minimum of $250. For all account types the amount of virtual money available to trade with is $10,000.

What’s the minimum deposit and trade amount?

The minimum deposit amount for a TopOption trading account is similar to others in the industry at $250. Their minimum trade amount falls in the middle range of minimum trade amounts at $10.

Shelly is proud of her current position as Head of Brand for a well-known organisation that owns several brokerages in the trading sector. She’s consulted for us since 2020 and readers can benefit from her insider knowledge of how brokers work.

TopOption Broker Review

�� Demo Account:
⚖ Allows Hedging:
�� Allows Scalping:
�� Headquarters: Cyprus
�� Founded:
�� Trading Platform(s): SpotOption
�� Regulating Authority(s):
�� Minimum Deposit: 100
�� Maximum Leverage:

Visit TopOption
Risk Warning: Your capital may be at risk

Our Review of TopOption

Company Overview

TopOption is an online trading platform that aims to keep binary trading simple. There are 180 different stocks, indices, currencies and commodities to choose from, but the basics of the platform merely involve predicting the direction of a chosen investment. There are also advanced options: “rollover”, where traders add 30 per cent to the initial investment for a delay in expiry; “double”, where a trader can double their investment mid-trade; “buy-me-out”, where a trader can annul a trade prematurely and “touch/no touch”, where investors can trade based on whether or not a stock will reach a certain level.

Types of Account and Account Opening

To open an account, potential traders fill out an online form with their contact details; they also need to fill in a compliance questionnaire, and supply payment details. The account is opened after being funded with the minimum amount. However, TopOption is not open to US traders.

There are three types of account based on the size of the initial funding: Starter ($100), Pro ($1000) or VIP ($5000).

Promotions on Sign-Up; Deposit Bonuses

Bonuses are available depending on the type of account; these are negotiated on a case-by-case basis with an account manager.

Commissions and Fees

There are no fees; however, a successful trade will pay 85 per cent of the initial amount. There is no information available on whether there is a partial refund for unsuccessful trades.

Trading Platform and Apps

No downloads are required to use the platform, and it can be accessed via PC and mobile; there is also a free Android app. The user interface is very easy to use; it is one of the best platforms for binary trading.

Ease of Deposit and Withdrawal

The minimum deposit amount is $100, and this can be transferred by e-wallet, wire transfer, debit or credit card.

Withdrawals are returned to the same account or card; there are no charges for these transactions.

Regulation and Compliance

This broker is registered with CySEC, and their site gives additional information on the potential risks of security trading, including advising potential traders to seek independent financial advice before trading. TopOption comply fully with all industry regulations, and each account is insured for up to €20,000.

They provide a wealth of free training materials, and their customer service is the best in the industry. This means that TopOption are one of one of the safest and most reliable binary trading platforms.

TopOption

TopOption are no longer offering Binaries. For a list of alternative brokers, and full comparison reviews, visit our brokers page.

Alternatively, these are our Top 3 brokers based on Ratings:

Nadex Exchange $250 100% » Visit RaceOption $250 90% 100% Deposit match bonus » Visit BinaryCent $100 85% 100% Bonus on ANY 1st Deposit » Visit

TopOption Archive Review

TopOption is a leading binary options broker that is owned and managed by the holding company Safecap Investement Ltd (formerly Arbat Capital Ltd). The broker is one of the few binary options brokers around the world that accepts skrill and is fully regulated by EU approved binary options regulatory agency CySEC.

TopOption – Broker shut down!

TopOption

  • No US or Canadian customers allowed to register
  • Platform can be slow at times
  • Not recommended to use anymore

TopOption used to be very popular not only on the European market but also in the Czech Republic, Slovakia, and Poland. This is mainly due to its licensing and registrations in Europe and also due to its Multilanguage support (more than 20 languages supported). TopOption is a web based binary platform with quick easy set-up, as there is no download. It has been established since 2008. You can also use their platform on your iOS or an Android based cell phone.

TopOption experience

Under markets.com leadership, TopOption quickly got to the top amongst other brokers as it brought a high quality platform to binary option trading world just like markets.com once did for forex. Amongst downsides is that TopOption does not accept U.S. residents as clients, even though they accept many countries and have a big variety of translations.

Unfortunately, this paragraph is no longer valid. They used to be the top broker for middle-europeans several years ago, but not anymore. Newer brokers overpassed obsolete Topoption very quickly. See comments below and find out why.

TopOption platform

This broker is based on a platform which used to be offered by many more brokers such as winner option (later renamed to 24winner and cancelled afterwards) or Option Time (cancelled also). All the other brokers working on this platform were acquired by TopOption and now is the sole provider of the platform.

Their platform is lightweight and offers diverse types of trades such as classic high-low binary options, 60-second options, touch and no touch options. The only issue I registered was that early in 2020, before migration to the new platform, options sometimes did not expire on time. That would sometimes cause that 60-second binary options ended out-of-money.

TopOption broker has changed its platform three times during the past 2 years. But not just that. Even the management of the company has changed 3 times. There have been countless changes in terms and conditions and a lot of irregularities.

It is true that we used to recommended this broker before, because we believed that it was just a misunderstanding. Unfortunately it seems it was not what we thought. Read the comments of real traders under the review and tell us your opinion as well.

Topoption’s new platform look

Their platform also offers features and tools called Roll Over, Double Up, and Buy Me Out.

  • What is Rollover: For a 30% increase in your investment you can postpone the trade expiry by 15 to 30 minutes.
  • What is Double Up: Feel confident in your choice and think the market will continue to go your way? Then double up mid-trade. Trust in the trend and maximize your earning potential by doubling up on your investment. This creates a second trade in the same direction, with the same expiry time, although at the current price, instead of the initial strike price.
  • What is Buy Me Out: Minimize your risk and activate the Buy Me Out feature for a mid-trade buy-out. Up until one hour prior to expiry, the Buy Me Out feature offers you an easy exit.

Topoption Demo Account

Do you want to try trading with TopOption without risking your money? Then their demo account is a great place to start. TopOption does not offer demo account by default, but you can get access to their demo account after depositing at least $ 200 and contacting the customer support.

Customer support service operator will configure your demo account and afterwards, upon login, you will have a choice of either real account or demo account. In case you do not want to tie your funds right away, you may withdraw your funds right after registration and opening the demo account .

Withdrawals of funds to your bank account usually take around 3 business days. Therefore, you can get the topoption demo account access completely free.

Topoption Customer Support

Customer support live chat staff is more than friendly not only in English but also in any language you might be interested in using. They work with 20 languages and counting, which is another reason why you should start trading with topoption.

Topoption Account Types

Account types. Click to enlarge

TopOption offers different account types according to the size of your initial deposit. Initial deposits in the range $ 100 – $ 1000 get STARTER account. Range $ 1 000 – $ 5 000 gets PRO account and initial deposits higher than $ 5 000 get VIP account. The main difference is the level of support you get from your account manager. There’s also a big difference in bonus sizes, that go up to $ 2 500.

It is very interesting that in 2020 TopOption won the Best Licenced Broker award on the FBO Awards Ceremony, and is the only trading broker that allows deposits with PayPal. However, only in some countries.

  • The starter account includes: 0 fees and commissions charged, Minimum deposit of $100, you get an account manager, mobile and web platforms, risk management tools, a starter guide ebook series, introduction of 1 on 1 training, access to e-video library, newsroom research, alerts and updates, and investor compensation fund.
  • The Pro account includes: 0 fees and commissions charged, minimum deposit of $1000, you get an professional account manager, mobile and web platforms, risk management tools, a starter guide ebook series and advance guides, 3 hours of 1 on 1 training, access to e-video library, newsroom research, alerts and updates, and investor compensation fund.
  • The VIP account includes: 0 fees and commissions charged, Minimum deposit of $5000, you get an specialist account manager, mobile and web platforms, risk management tools, a starter guide and advanced ebook series, unlimited 1 on 1 training, access to e-video library, newsroom research, alerts and updates, off trading hours assistance, trading central report and SMS signals, and investor compensation fund.

The case of a scammed Czech trader!

One of the traders (I can’t name names) who used TopOption for his trading has earned some really good money. With his initial deposit of €100, he made a profit of €11,670. I think that this is a great success and for sure a great feeling. However, something happened that no one had expected.

From one day to the other the trader lost all his money. The broker simply did not want to pay that much money out and they decided to intervene and close the trader’s account. They just unexpectedly deleted all the money from the trader’s account. Including his original deposit of €100!

This is what the trader saw in his account statement.

The broker (or their representatives) told the trader that he earned all that money by a mistake because of a system error. He is not allowed to share the information about what happened and for any case they closed his account, so he can’t trade anymore. The trader informed me, that he is going to ask for help the Czech National Bank, which unfortunately has not released any statement yet.

We can take one valuable lesson from this which I already follow. Always withdraw your earnings. Do it at least once a week or at most once a month. If suddenly your broker denies paying you your earnings, you are going to realize it immediately and you are going to have at least something in the bank already.

It is true that we used to recommend TopOption broker as the best choice (it was a long time ago). As the time passed, we’ve gradually moved this broker to the lower positions. It was mainly because there were new brokers with better offers.

To which broker is it possible to entrust your money without being afraid? Check out our comparison of all brokers. I suggest you to choose one of the first three brokers. You can find the tips on what broker to choose here: https://xbinop.com/binary-options-brokers/ and these are the three best options.

Broker Bonus Min Deposit Minimum Trade Amount Payout Demo US Traders Allowed Review Open Account
$10 BONUS $ 100 * Review Trade Now!
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TopOption Pros

  • Low minimum deposit requirement to start trading ($100)

TopOption Cons

  • No US or Canadian customers allowed to register
  • Platform can be slow at times
  • Not recommended to use anymore

TopOption – Review author

More about the author Step

I’ve wanted to build a business of some kind and earn money since I was in middle school. I wasn’t very successful though until my senior year in highschool, when I finally started to think about doing online business. Nowadays I profitably trade binary options full-time and thus gladly share my experiences with you. More posts by this author

TopOption Details

✅ Broker TopOption
✅ Website URL https://topoption.com
✅ Founded 2020
✅ Headquarters Cyprus
✅ Support Number [email protected]
✅ Support Types Email, Live chat, Telefon, Fax
✅ Languages English, Spanish, French, German, Italian, Swedish, Russian, Dutch, Japanese, Arabic, Romainian, Portuguese, Norwegian, Chinese, Polish
✅ Trading Platform SpotOption
✅ Minimum 1st Deposit $100
✅ Minimum Trade Amount $10
✅ Maximum Trade Amount $10.000
✅ Bonus Up to 150% Bonus
✅ Payout Up to 85%*
✅ Free Demo Account
✅ Regulated
✅ Regulation CySec, FCA, BDF, CONSOB, CNMV, AFM, BaFin, FI, FSA, NBS, ČNB
✅ Account Types Standard, PRO, VIP
✅ Deposit Methods Visa, Mastercard, Visa Electron, Maestro, Wire transfer, Skrill, American Express, Delta, WebMoney, Neteller
✅ Withdrawal Methods Visa, Mastercard, Visa Electron, Maestro, Wire transfer, Skrill, American Express, Delta, WebMoney, Neteller
✅ Trading Methods High / Low, One Touch, 60seconds, Long Term, Option Builder, Meta Charts, Pair Options
✅ Number of Assets 180
✅ Expiry Times 60 sec, 15 min, 30 min, 1 hour, 24 hour, End of Day
✅ Types of Assets Currencies, Stocks, Indices, Commodities
✅ Option Types Classic Options, 60 Seconds, One Touch, Option Builder, Pro Option
✅ Trading Currency USD, EUR, GBP, CAD, YEN, PLN
✅ Account Currency USD, EUR, GBP, CAD, YEN, PLN
✅ US Traders Allowed
✅ Mobile Trading
✅ Tablet Trading
✅ Overall Score We don’t recommend trading with this broker.

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8 Responses to “TopOption – Broker shut down!”

I got introduced to trading a few months ago, it was initially going smooth till I tried trading with a certain company, they wouldn’t let me withdraw but kept asking me to invest more, told a friend about it and I was introduced to a recovery firm who helped me get my money back.

Hello, thank you for sharing your experience. We are happy that there are more cases like yours is.

I DO NOT RECOMMEND TOPOPTION: They closed my account and they did refund me neither my profit nor the funds I deposited on the account. I’d say really good money embezzlement. Here is the mail they sent me:

Dear XXX Martin
Thank you for choosing Top Option!

We hope this email finds you well!
Unfortunately, due to recent events, we are informing you that your account is being closed for future usage.

Be careful with TopOption. They promised me a bonus and then I got nothing. This happened to me twice. A broker contacted me and explained me some basics, but he did not say anything about analysis. I lost my money so I wanted to quit, but they contacted me again and persuaded me. I got another broker who tried to train me a little, but he was repeating the same over and over again. After 14 days I got another broker who was trying to persuade me to accept some great opportunities. He promised me again to get a bonus and I agreed. After making a deposit nobody contacted me for three weeks and of course I did not get any bonus money. In the end I got a message from another broker who reproached me quite sharply for my inactivity and pushed me to make a trade in which I lost a lot of money. Their platform is quite slow and reacts too late. At least four times happened that at the end of the trade the counter was in green color and suddenly it changed the color to red. This happened always when I made trades with bigger amounts. So just be careful with TopOption.

Hi, under the new legislation of CySEC it is not possible to offer bonuses. Anyway thank you very much for your review.

Hi Step and George. At first I would like to thank you for your site, which presented me to the world of binary options few weeks ago and which is always pushing me forward. I have no idea what I would do without your educational site. Whenever I need something or when I have some troubles, this is the place, where I always find the answer. I’ve read and search through a lot of websites, but none of them provides such information as you do (technical analysis, fundamental analysis, Meta trader 4 series). This and much more are simply information that nobody provides you anywhere, certainly not for free. All the information provided helps me a lot and I would like to thank you once again and say that I hope you are going to continue with your great job. I guess there are still a lot of people like me, people, who have learned about binary options a short time ago and who want to learn how to trade on the binary option market. Such people really need your advice. I’ve learned about binary option a few weeks ago, so I haven’t try to trade on the real account yet. I am a bit careful. Anyway, in next days I want to send money to a broker and slowly start to use, what I’ve learned from you. So I would like to ask you, what broker would you recommend me to get started? IQ Option broker or Stockpair broker? What do you think? Thank you very much for your advice and I hope you are going to continue with your excellent articles. Thank you!

Hi Carl, thanks for your kind words, it really warmed my heart. Otherwise, as a novice trader I would definitively recommend you stockpair. They have higher minimum deposit than IQ Option, but it is not too bad. The important is that their platform is completely simple to use and they have great support. Anyway, if you don’t have an old and slow computer then you should try IQ Option. The important is that they have free demo account. Step

Hi, I also like to thank you for your site. There are a lot of good advices for beginners. I highly recommend it as a start. However, as a guy who started trading in December, I definitively recommend IQ Option. They platform is just somewhere else than the platform of TopOption.

TopOption.com Review

March 2020: Three more FPA Traders Court guilty votes came in against this company. The FPA now considers TopOption to be a scam. The FPA recommends against placing money with Top Option. If you have money with this broker, the FPA recommends you try to withdraw it as soon as possible.

Owned by Leadtrade LTD. Same company as leadtradeltd.com, optionsclick.com, prestigeoption.com, excellenceoption.com, and platiniumoption.com

Originally a subsidiary of Safecap Investments Ltd, the owners of Markets.com

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Consumer Reviews

TOPOPTION SCAM.

My request for payment from Topoption was considered successfull. The case is close.

Mar 29, 2020 – 1 Star hello, topoption blocked my account number 24133691 2 mounths ago and I can’t get any information why. They said only that the legal department is processing and I need stay and wait. Topoption stole my money and is a scam.

The topoption refuses to give me my money, for 3 to 5 months raised around 1100 euros, starting from a height have spent months and so far has not responded to my emails, I have an outstanding deposit will about 1 week, is still pending and do not answer me, and no, I did not accept any bonus, never accept.

I think the best is to forget the binary options.

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Best Binary Options Brokers 2020:
  • Binarium
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    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
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    2nd place! Good choice!

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