High Risk
Reported as a scam / unregulated
SF-700298registry entry
Why Trade With Top1 is on the register
According to its website, it claims to be regulated by the Australia Securities & Investment Commission (ASIC) and the Vanuatu Financial Services Commission(VFSC). Upon investigation, no matching information was found in the ASIC and VFSC. The truth is that Trade With Top1 is not regulated by any regulators. Letting it hold or control investors’ money is unsafe, and the money can not be protected by any laws. Trade With Top1 is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.