A TopFX Review Of Prime Brokerage & Asset Management Services
TopFX is a Forex brokerage company that was introduced to global traders in 2010. TopFX caters to one of the largest group of retail traders from North and South America to the Asia-Pacific, while the broker has based its Forex operations in Limassol, Cyprus. TopFX not only serves as a prime Forex brokerage that deals in Forex currency pairs, indices, equities, and CFD trading but also offers its services to investors by offering a wide range of asset management services through active and passive fund management. TopFX has a global reach with a categorical NOP limit of $825 million in transaction volumes, in order to ensure that the broker operates well within its risk threshold. One of the primary drawbacks of the TopFX brokerage is the absence of an ECN account option, but the broker does make up for its shortcomings by offering an STP model that provides a combination of direct market access and automated dealing desk trading protocols. It should be assumed that TopFX may have a slight conflict of interest with its traders, mainly when it comes to trading the news and investing in the markets during times of high volatility.