TopForex Alternatives: Pros, Cons, And How It Stacks Up for 2024
This alternatives to TopForex guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to TopForex to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to TopForex like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their customers. If you feel that TopForex is not quite right for you then it would be worth getting a virtual account with some of the best TopForex alternatives and check if they are a better fit for you before moving any money around.
The most complete guide to TopForex alternatives on the web
There's a lot of reasons TopForex may not be a good fit for your trading needs. For whatever reason you are hunting for a better TopForex alternative or TopForex competitor with better services, comparebrokers.org try to give you as much helpful information so you can find what it is you need. Below you will find the top TopForex alternatives.
For each of the alternative to TopForex, we break down the key differences to TopForex and for each section show you the best competitors. For every TopForex alternative trading platform shown we also have detailed broker reviews and guides that you can easily click to read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unimpressed with TopForex, find some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Using a reputable and dependable trading platform is crucial to your trading success. All of the TopForex alternative platforms we list in this TopForex alternatives guide have good reputations and match what you are looking for.
Alternatives With Lower Minimum Deposit
TopForex has a minimum desposit of $100, you can see how the minimum deposit requirements of TopForex compare with the minimum deposits of TopForex competitors. Brokers have lower minimum deposits to get users to test them out, but having higher a minimum deposit requirement isn’t necessarily a bad thing, it all depends on your individual trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
TopForex |
$100 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| ThinkMarkets |
$0 |
Alternatives Offering Virtual Portfolio Accounts
TopForex offers demo accounts so you can learn their systems before risking any real money. New traders can open a virtual portfolio account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before signing up for a live account.
Below we detail some of the best alternatives to TopForex that have virtual portfolio accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
TopForex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
TopForex has negative balance protection. It is specially offered while the industry volatility prevents customers from allowing their account go into the red. In a situation like this, TopForex offers the ability to reset a clients account balance to zero.
You should go through the critical terms and conditions on TopForex's site to comprehend their policies.
Below we list some of the best alternatives to TopForex that offer negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
TopForex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
TopForex regrettably, doesn't provide guaranteed stop loss. TopForex provides an opportunity for its dealers to close their trades at their given price. Apart from this, TopForex does not provide guaranteed stop loss.
Below we show some of the best TopForex alternatives that have guaranteed stop loss available for their clients.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
TopForex |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
TopForex do permit scalping. Many traders throughout the world choose TopForex due to their scalping services. They offer trading on MT4, Web Trader, Tablet & Mobile apps which let this.
Below we show some of the top alternatives to TopForex that offer scalping functionality to their customers.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
TopForex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
TopForex do allow hedging. Many traders around the world choose TopForex for their large range of services. They offer trading on MT4, Web Trader, Tablet & Mobile apps.
Below we show some of the best alternatives to TopForex that allow hedging services to their user base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
TopForex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
TopForex's social trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is independent copy trading..
Below we list some of the best TopForex alternatives that have social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
TopForex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, TopForex offers copy trading which gives access to leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is calculated social trading..
Below we detail some of the best alternatives to TopForex that has copy trading to their clients
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
TopForex |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare TopForex To All Other Brokers