Top Markets is one of hundreds of white-label broker scams actively hunting for victims at any time. Top Markets traps victims with fraudulent crypto marketing campaigns such as Immediate Coraldex, against which the Spanish CNMV issued a warning recently. The website claims that Top Markets is a CySEC-regulated investment firm with license number 138/11, which is, of course, bullshit. Stay far away and protect your financial health.
Top Markets Key Data
| Trading name | Top Markets TopMarkets |
| Fraud activity | Broker scam |
| Domains | https://top-markets.io https://my.top-markets.io |
| Related legal entities | TopMarkets Ltd (fake) |
| Payment agent | GreenLake San. ve Dış Tic. Ltd. |
| Jurisdiction | not exposed |
| Contact data | (518) 399-4188 [email protected] |
| Related individuals | note exposed |
| Payment options | Credit and debit cards |
| Payment processors | note exposed |
| Authorization | No falsely claims to be regulated by the CySEC using the license no 138/11 (TopFX) |
| Trustpilot | not yet reviewed |
| Compliance rating | Black |
Short Top Markets Narrative
On its website, Top Markets claims that the operator is TopMarkets Ltd in Cyprus, regulated by CySEC with license number 138/11. This license number is associated with the CySEC-regulated Investment firm (CIF) TopFX Ltd, which is not associated with this scam.
The payment agent registered in Turkey is GreenLake San. ve Dış Tic. Ltd. is active (see screenshot left). This is the operator of the CVN website (https://cvnapps.com) where you can buy books and software on the subject of online trading. The deposits made by victims of TopMarkets are officially presented as the sale of an e-book.
You can also pay directly on the TopMarkets website by credit/debit card.
Report Scammers
If you have any information about Top Markets, its operators and facilitators, or other scammers and their activities, please let us know via our whistleblower system, Whistle42.
