TopTierCapital Review – Blacklisted by Top Tier Regulatory Entities
TopTierCapital Review – Blacklisted by Top Tier Regulatory Entities

To increase their chances of robbing more people, the TopTierCapital scam has established two identical domains. However, regulatory institutions don’t forgive – the warnings keep coming one by one as we speak, as major EEA authorities confirm the company’s fraudulent intentions.

In order not to fall victim to their machinations, please read our TopTierCapital review, and learn about the security risks that unscrupulous entities pose on your capital.

Regulated by: Unregulated Broker
Is This Company Safe? No, this firm has been labeled as a scam by major regulatory bodies!
Known Websites: toptiercapital.co (inactive)

toptiercapital.org

Have Warnings from: CBR, CNMV, IOSCO, FMA, CONSOB, AMF, SFC, FSMA, FI, CONSOB, A-TVP
Registered in: UK (alleged)
Operating since: 2024
Trading Platforms: Web Trader (alleged)
Maximum Leverage: 1:200
Minimum Deposit: $5,000
Deposit Bonus: N/A
Trading Assets: Forex, Crypto, Commodities, Stocks, Indices
Free Demo Account: No
How to  Withdraw from This Company? Contact our experts for help with withdrawal.

Dozen Warnings on Both Domains!

Although the toptiercapital.co website is already out of function, it has still been flagged for fraud by multiple entities – CBR, CNMV (reposted by IOSCO, FSC and AFM), FMA (reposted by CNMV and CONSOB). Whether because of the number of public alerts or whatever else the reason, the domain shut down. 

Currently active domain, toptiercapital.org, is also detected for their scam tactics by several regulatory bodies as well: CNMV(reposted by FI, FSC, CONSOB, A-TVP, and IOSCO). 

Now despite the website claims about the company being a reputable UK-based brokerage brand, every single one of those statements is false. We quickly made sure of that by checking the FCA register of regulated firms. Another swindler that acts similarly is blacklisted for the same reasons, and that’s Abyss World Asset

Make sure you avoid both of these unscrupulous entities and only invest in brokers that are properly supervised and allow compensation funds, negative balance protection and segregation of deposits.

The Scam Unveiled

The WhoIs domain information for toptiercapital.org shows it was created in February 2024, making it only a few months old. More disconcerting, however, was the fact that all of the registrant data has been redacted for privacy.

Majority of the site users live in these nations:

  • United States
  • Spain
  • Italy
  • United Kingdom
  • Greece

Looking into the CBR and CNMV warnings we can piece together a picture of how the fraud goes down. These two financial regulators describe it as “illegal market participant” and a “boiler room”, which tells us all we need to know.

Boiler rooms are one of the most widespread remote scamming strategies. It functions as a scam call center, with agents constantly calling people by phone looking for potential victims.

Clients Get Defrauded

There aren’t many TopTierCapital reviews to go around, but they are universally bad. The company has a horrendous TrustPilot score of 2.2 stars. Nearly all of the clients complain about being defrauded one way or the other.

Some of these people mention losing significant sums, counting tens of thousands of Euros. Don’t end up like them – contact our experts and start fighting back for your money!

Transparent Pricing? Not Really!

High leverage is almost always a sign that the broker doesn’t operate under strict legislation. In this case as well, we see the maximum allowed ratio to be 1:200. Furthermore, the only fees mentioned are the 0.40% administration fees and 0.35% management fees. 

Since the legal documents are omitted from the web presentation, we cannot determine if there’s more fees and hidden charges. It’s highly likely there are, you’ll only become aware of them, however, when you try to withdraw profits.

Inferior Trading Tools Compared to Competition

Besides the useless TopTierCapital trading platform which is devoid of any advanced functionality, trading instruments are only the most generic ones. At that, purchasing any of the packages offered won’t bring you any advantage or benefit. Therefore, our friendly advice is to skip investing here altogether.

Faulty Web Trader

If you attempt to access the trading terminal without a TopTierCapital login, you will only get an error message about the terminal not being able to load. Once you sign up for the portal, you can explore the trading room and get disappointed once more. 

The only interactive content on the page are buy and sell orders, nothing more. The whole trading ecosystem is one big simulation that is used for the purpose of money extortion. This underperforming TopTierCapital app won’t bring profit to anyone.

Generic Choice of Assets

Apparently, TopTierCapital crypto trading is the major deal on this site because the portal allegedly offers alluring conditions. However, we found no particularly attractive conditions and only the most common asset groups added to this platform by default:

  • Forex – EUR/USD, EUR/CAD, USD/GBP
  • Crypto – BTC, BNB, BCH, ADA
  • Indices – FTSE, DAX, DOW, IBEX
  • Commodities – Oil, Natural Gas, Coffee
  • Stocks – Boeing, Chevron, Alibaba

Extremely Expensive Accounts

It has become the norm with these financial swindlers to offer tiered account types, with NovaTrades being another example of this strategy. Allegedly, TopTierCapital account types that cost more will yield higher leverage, tighter spreads, and access to more assets.

Of course, it’s all a sham to make you waste larger sums of money. Looking at these costs will show you just how greedy these con artists are:

  • Basic – $5,000
  • Bronze – $25,000
  • Silver – $50,000
  • Gold – $75,000
  • Platinum – $100,000

There are other accounts centered around the fairytale of passive incomes. Here’s what they cost:

  • VIP – $125,000
  • Saving Account – $150,000

No Withdrawal Disclosure

You would be hard pressed to learn anything about the withdrawal policy, even if you spent hours on end raking the website. This would-be broker never mentions anything besides that the company accepts credit card payments. This doesn’t mean that TopTierCapital withdrawal happens the same way, though.

This is one of the main ways swindlers get you in the end. Without a well defined withdrawal policy, they can invent any reason to prevent you from getting your money back.

Support is Not Exactly Supportive

At first it may seem like the TopTierCapital broker provides access to various communication channels in order to get in touch with the customer service. Victims are convinced they’re taken care of and properly supported. However, you’ll quickly learn that neither phone, email or online form work.

Scammed? We Can Help You Out!

This firm has only been around for a couple of months, but managed to get on the bad side of virtually every financial regulator in Europe. It is a known boiler room, a scam entity that stole from thousands of people.

Don’t count on these confidence tricksters to show a sweet side and give you your money back. Recovery is a tedious process that requires expert help. Use the live chat option on our website, and book a free consultation with our professionals today!

FAQ Section

What is TopTierCapital?

The firm is a fraudulent project established by anonymous conduct allegedly operating out of the UK.

Is TopTierCapital Broker Legit?

Not in the slightest. Not only is the business unregulated, but they’re blacklisted many times.

How to Withdraw Funds From My TopTierCapital Account?

Withdrawals are supposed to be performed straight from the user panel, but the cons do not allow payouts. Please consider contacting our legal experts for support.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

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