Choosing a reliable broker is one of the most important decisions a trader can make. In 2025, both Forex.com and TopForex are operating in a competitive space, offering different advantages to global traders. This article provides a full breakdown of both brokers so you can decide which one best suits your trading strategy and risk profile.
Broker Review Contents
Company background
Forex.com is a globally recognized broker owned by StoneX Group, a U.S.-based publicly listed company. It’s been active since 2001 and operates in multiple countries with top-tier regulatory compliance.
TopForex, on the other hand, is operated by Goldenburg Group Ltd., based in Cyprus and licensed by CySEC. The broker was established to cater to European traders looking for straightforward access to forex and CFD markets.
| Feature | Forex.com | TopForex |
|---|---|---|
| Founded | 2001 | 2017 |
| Headquarters | USA | Cyprus |
| Regulation | FCA, ASIC, NFA, IIROC, CySEC | CySEC (Cyprus) |
| Parent Company | StoneX Group (NASDAQ: SNEX) | Goldenburg Group Ltd |
| Global Reach | High | Primarily EU-focused |
Regulation and trust
Forex.com is regulated in five major financial jurisdictions, including the U.S., UK, Australia, Canada, and Cyprus. This multi-layered compliance ensures strong transparency and client protection.
TopForex is regulated by the Cyprus Securities and Exchange Commission (CySEC), complying with the EU’s MiFID II framework. While this provides decent security, it doesn’t match the global regulatory footprint of Forex.com.
Platform offerings
Forex.com offers:
- MetaTrader 4 and MetaTrader 5
- Advanced Trading Platform (proprietary)
- TradingView integration
- WebTrader and mobile apps
TopForex provides:
- MetaTrader 4 (MT4)
- WebTrader
- Mobile apps (iOS/Android)
Forex.com clearly provides a more robust platform ecosystem, including access to TradingView and institutional-level tools. TopForex keeps things simpler with only MT4 and its WebTrader.
Market instruments
| Asset Class | Forex.com | TopForex |
|---|---|---|
| Forex pairs | 80+ | 55+ |
| Indices | Yes | Yes |
| Commodities | Yes | Yes |
| Metals | Yes | Yes |
| Stock CFDs | Yes | Yes |
| Cryptocurrencies | Yes | No |
| ETFs | Yes | No |
Forex.com offers a more diverse range of products, including cryptocurrencies and ETFs. TopForex focuses on core CFDs but lacks access to emerging digital assets.
Account types and pricing
Forex.com account types:
- Standard (spread-only)
- Commission-based (RAW)
- DMA (Direct Market Access)
- Islamic (swap-free)
TopForex account types:
- Basic Account
- Gold Account
- VIP Account
- Islamic Account
Minimum deposits:
- Forex.com: $100
- TopForex: €100 (approx. $110)
TopForex offers tiered accounts with lower spreads as your deposit increases, but Forex.com provides more flexible pricing models for both beginners and professionals.
Spreads and trading fees
Forex.com:
- Standard spreads from 1.0 pip
- Commission account: 0.2 pip + $5 per lot
- No deposit fees; inactivity fees after 12 months
TopForex:
- Spreads from 2.0 pips on Basic
- Lower spreads on VIP (1.0 pips or less)
- No deposit fees; withdrawal fees apply
Forex.com provides more competitive spreads and transparent commission structures. TopForex’s costs are higher unless you qualify for a premium account tier.
Leverage options
| Region | Forex.com | TopForex |
|---|---|---|
| EU (Retail) | 1:30 | 1:30 |
| Global (Pro) | Up to 1:200 | Up to 1:100 (for professional clients) |
Both brokers follow ESMA guidelines in the EU. Forex.com provides higher leverage in non-EU regions, making it more versatile globally.
Educational resources and tools
Forex.com offers:
- Autochartist
- Trading Central
- Economic calendars
- TradingView charts
- Webinars, guides, and trading courses
TopForex provides:
- Basic education for beginners
- Webinars and eBooks
- Market news updates
Forex.com delivers stronger educational content and tools for all experience levels. TopForex offers good starting material but lacks advanced analysis tools.
Mobile trading experience
Forex.com:
- Fully featured proprietary app
- MT4/MT5 mobile
- Alerts, analysis, order types
TopForex:
- MT4 mobile
- Simple WebTrader app
Forex.com offers more control and better UX on mobile, including custom alerts and deep analytics.
Customer service
Forex.com:
- 24/5 live chat, phone, and email
- Multilingual support
- Fast response and onboarding
TopForex:
- 24/5 support
- Email and phone only
- No live chat in all regions
While both offer weekday support, Forex.com delivers faster service and broader multilingual coverage.
Quick comparison table
| Feature | Forex.com | TopForex |
|---|---|---|
| Regulation | Multi-jurisdiction | CySEC only |
| Platforms | MT4, MT5, Web, TradingView | MT4, WebTrader |
| Market Access | Wide, incl. crypto & ETFs | Limited to CFDs |
| Spreads | From 1.0 pip (or 0.2 RAW) | From 2.0 pips (Basic) |
| Account Types | Standard, RAW, DMA | Tiered (Basic to VIP) |
| Leverage (Global) | Up to 1:200 | Up to 1:100 |
| Education | Advanced and comprehensive | Beginner-focused |
| Mobile App | Pro-grade | Basic MT4 |
| Support | 24/5 with live chat | 24/5, limited options |
Who should choose Forex.com?
Forex.com is a great choice if you:
- Want access to a wider range of products including crypto and ETFs
- Prefer tier-1 regulation across multiple regions
- Need institutional-grade tools and platforms
- Appreciate competitive spreads and multiple account types
Who should choose TopForex?
TopForex may be better for you if you:
- Live in Europe and want a MiFID-compliant broker
- Are a beginner looking for a simple, MT4-only setup
- Don’t plan on trading crypto or ETFs
- Value straightforward account types without overwhelming options
