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  • TopOption

  • Bonus: up to100%
  • Options Payout: 72-85%
  • Rating: 8.3 / 10
Broker Name: TopOption
Platform: KeyStone
Founded: 2013
Bonus: up to 100%
Return/Refund: 72-85%/0-30%
TopOption Overview
No. Of Assests: 56
Regulated:   CySec, FCA
Demo Account: Yes
Minimum Deposit: 200
US Traders:   Not Accepted
Read Users Reviews

TopOption Review

TopOption is owned and operated by Safecap Investments Limited, located at Treppides Tower, 6th Floor Kafkasou 9, Aglantzia P.O.Box 26522 CY2112, Nicosia, Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 092/08. More info about the owning company can be found on their official website: TopOption is also authorized to operate throughout the European Union by a number of regulatory bodies, all available on TopOption/Regulation.


Is TopOption a Scam?

There is absolutely no scam suspicion related to TopOption, due to the fact that the owning and operating company ( is well respected and regulated Cyprus Securities and Exchange Commission (CySEC) and the FCA (UK). Traders’ money is kept separately from TopOption’s money in a segregated accounts in case of bankruptcy or manipulation. Only time will tell if the team at TopOption can rise to the top of the options industry.


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Editor’s Note – Why TopOption doesn’t Suck in 50 Words?

Regulation! Regulation! Regulation! Now we’re talking! TopOption is operated by Safecap Investments Ltd, a Cyprus Investment Firm established in 2008 and regulated by CySEC (Cyprus Securities and Exchange Commission) and the FCA. Safecap is one of the most prolific firms active in the online trading industry, in addition to operating well-known websites, such as, GoForex and ForexYard. Knowing that we are dealing with a respectable company allows the trader to sleep better at night and removes a lot of doubt.


Why does TopOption Suck?

Although the operating company has some good years under its belt and it is a well-respected participant to the online trading industry, the TopOption product is a rather fresh one, launched in 2013. Only time will tell if the team that operates the Binary Options broker can live up to the expectations and high standards of the parent company. Even though TopOption is owned by the respectable Safecap, we still have to see them prove themselves. In my opinion, if they want to be able to compete with bigger brokers, they need to increase their assets index and offer more exciting VIP perks.


Should I Open an Account with TopOption?

Even from the first minutes spent on the website, clients can see they are dealing with a serious broker. The website looks polished and well designed, not like the normal white label platforms that look like mirror images of one another. The technology is provided by KeyStone, plus TopOption managed to personalize the platform and to repack it in a new form, paying a lot of attention to detail. There are no broken links and the whole experience feels totally uncluttered. Fortunately there’s no trace of the overly used slogan “We focus on who really counts. You” and the education provided is more than just empty words or misleading information like “Binary Options are not risky…” They call things by their names and don’t hide behind words: they inform the traders that they are risking their money when trading Binary Options, just like they risk it when trading any other financial instrument.

Like I mentioned before, TopOption is owned by Safecap Investments Ltd which is a CySEC and FCA regulated company. The difference between an unregulated broker and TopOption is huge: all the information is publicly displayed and you can be sure it is real because they are constantly verified by CySEC. Ok, but the most important and appealing thing about regulation is that your money is kept separately from TopOption’s money. In other words, they don’t have access to it and cannot use your money as they please. Once an unregulated broker gets a hold of your money, it all depends on whether they are honest or not; if they are scammers, there’s not much you can do about it. The money is lost and you don’t even know who to sue or at least where to find them. This horrible scenario cannot happen with a regulated broker (well, the world may end tomorrow so I guess everything is possible) and more than that, because your money is held in a separate account from the broker’s, in case of bankruptcy, your money will be safe. There’s more: TopOption undertakes serious risk protection measures like the Investor Compensation Fund insurance protocol of up to 20K Euros per client. Do not mistake this insurance fund for the trading insurance some brokers offer you. It has nothing to do with protection against losses incurred from trading. That’s the trader’s problem. They protect your money against other non-trading related occurrences.

A lot of brokers offer daily market analysis these days but unfortunately that analysis is anything but daily. Usually it’s so old that spider webs and cracks appear on the page. That’s not the case with TopOption; the analysis is indeed a daily one, they have a good economic calendar with events ordered by importance and expected impact, “Breaking News” section and overall, they provide a professional environment, just how Binary option trading should be. Let’s just hope their eagerness to be professional doesn’t fade away when some time passes and this is not just an attempt to create hype around them.


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TopOption Complaints

Team advices every newbie traders to make this search for themselves. It’s simple! Try Googling TopOption complaint, scam, fraud, etc, and make your own research. Here’s what we found: The only complaints I’ve came across till now have been about the platform lagging/freezing from time to time and I’ve experienced this myself. We’ll keep you updated on this matter when we know more.


TopOption Bonus

The client can choose between 3 types of accounts: Starter (min. deposit $100), Pro (min. deposit $1000) and VIP (min. deposit $5000). Each account comes with different bonuses: the Starter account can receive a welcome bonus of up to $250, Pro account holders can receive a bonus up to $500 and VIP accounts come with up to $2500 bonus. In order to withdraw the Bonus, a turnover of 20 times bonus + deposit must be accomplished.


TopOption Withdrawal

TopOption does not charge any withdrawal fees but the money must be sent to the same source it was debited from. Once the withdrawal request is approved, the client may wait up to 7 business days until the account is credited. However, TopOption mentions that 7 days will pass only in “exceptional circumstances” which makes us believe that usually withdrawals take less than that.


TopOption Ratings

User Friendly 18/20

The website is available in 10 languages, the information has an intuitive layout and the trading platform itself is both accommodating for rookies and complex enough for seasoned traders. Except the platform lag, another downside is the time displayed on the platform, it cannot be changed to your current time. Forgetting this time difference can become a major issue when picking expiries! Website is available in 10 languages.


Number of assets and expiry times 16/20

TopOption’s basket of assets is composed of 16 stocks, 13 currencies, 8 commodities, 16 indices and 3 pairs for a total of 56 tradable products. Although it is not an impressive number, the most traded assets are available so the trader can surely find a good opportunity among them. The expiry times range from 60 seconds to the end of the year, with an option builder feature which allows you to customize your trading. Roll Over, Double Up and Sell Option features are also available.


Commissions, Support and Effective return 17/20

TopOption doesn’t charge any commissions or fees for opening an account or for withdrawing funds but there is a $5 monthly fee for Inactive Accounts. Their Live Support is helpful, quick and offered in more than 10 languages. The effective return goes up to 85% but unfortunately there’s no refund for OTM trades.


Deposit, Payment and Bonus 17/20

The minimum deposit for a Starter account is $200, a Pro account requires $1000 and VIP accounts start from $5000. Deposits can be made via Credit Cards, wire transfers and e-wallets like Moneybookers, Neteller or WebMoney. Withdrawals must be made using the same source of the funds (if you use a certain bank account for depositing, withdrawals will be made in the same account). Once processed, a withdrawal takes up to 7 business days. Each account type comes with different Bonus amounts and the wager is 20 times the bonus + deposit.


TopOption Extra 12/20

Regulation of the owning company is a rare thing when it comes to Binary Options. The owning company of TopOption is regulated by CySEC and this grants them entry in the exclusive club of the elite regulated Binary Options service providers. Could have more extras.



TopOption Overall Ratings 80 + Regulation (+3) : 83/100

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