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A regulator warning has been issued by Canadian authorities against Hightop in September 2023
If you are looking for a reliable and trustworthy online broker, you might have come across Hightop Broker. They claim to offer a wide range of trading instruments, low fees, fast execution, and excellent customer service. But are they really as good as they sound? Or are they a scam that you should avoid at all costs?
In this review, we will examine Hightop Broker in detail and see if they are a legitimate broker or a fraudulent scheme. We will look at their background, regulation, trading platforms, account types, fees, customer support, and more. By the end of this review, you will have a clear idea of whether Hightop Broker is a scam or not.
Background and Regulation
Hightop Broker is an online broker that was founded in 2018. They claim to be based in London, UK, and to have offices in several other countries. However, we could not find any evidence of their physical presence or registration in any of these locations. Moreover, they do not provide any information about their legal name, company number, or address on their website.
This is a major red flag, as it suggests that Hightop Broker is operating illegally and without any oversight or accountability. Furthermore, we could not find any evidence that Hightop Broker is regulated by any reputable authority, such as the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in the EU, or the Australian Securities and Investments Commission (ASIC) in Australia.
Regulation is very important for online brokers, as it ensures that they follow certain rules and standards to protect their clients’ funds and interests. Regulated brokers are required to keep their clients’ funds in segregated accounts, to have adequate capitalization, to undergo regular audits, to offer compensation schemes, and to adhere to fair and transparent trading practices. Unregulated brokers, on the other hand, can do whatever they want with their clients’ money and data, and have no recourse if something goes wrong.
Therefore, we strongly advise you to avoid unregulated brokers like Hightop Broker, as they pose a high risk of scamming you and stealing your money.
What to Do If You’ve Lost Money with Hightop?
If you have been scammed by Hightop or any other broker, you’ll want to seek assistance from brokercomplaintregistry.com immediately. Our experts will consult with you and bolster your claim to help you get your money back. Brokercomplaintregistry.com is a leader in recovering your funds and will help you retrieve your funds from a broker scam.