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Top Tier Trader Review: Its a Scam (

⚠️ Unable to withdraw funds from a broker? Are they asking you to pay more fees or taxes? You've been SCAMMED and this form gives you the opportunity to recover your funds!

Welcome to our Top Tier Trader review. The website is operating from the URL and the agenda is to lie to you that you will receive funding up to 600K if you can only pay the company an upfront fee.

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The company wants you to pay a minimum of $255, and they claim that this upfront fee is refundable. However, their disclaimer says the fee is refundable upon your first payout. So this means as long as you don’t qualify for payout, your money is gone forever.

We suspect that Top Tier Trader is owned and operated by the same people running the Funded Trader Program. It’s no secret as both websites are similar in design and marketing material.

Top Tier Trader Review: why this is a scam and not legit funding

Legit prop trading firms are out to look for real traders who can perform, and these companies don’t ask for upfront fees when qualifying traders.

Top Tier Trader is basically subjecting students to a trading combine consisting of two phases before the ultimate funding. Students will obviously trade on a demo account.

In terms of fees, this prop firm is the most expensive to use. The fees are exaggerated as most prop firms we’ve seen (most of the fake ones) charge no more than $100.

Top Tier Trader is one of those corny websites that make money from charging high and unnecessary fees. Notice that this is a demo account. When a student signs up, they get to choose what amount of virtual money they’d like to trade with.

The bigger the virtual money is in the demo account, the more fees the student pays. Take note that the company only added virtual money appropriately to reflect the plan that the student chose. It costs them nothing to add virtual money to these brokerage accounts.

Basically the scam is taking advantage of the fact that traders are not aware of the fact that they are paying various amounts of money to access a demo Forex retail account.

Top Tier Trader Review: Do students get the funding?

Statistically, 95% of traders are going to fail. The disclaimer says that you only get a refund of your fees if you manage to make your first profit withdrawal.

Nearly all participants are not going to make it to this level. In other words, the company pockets the fees because 95% of the students will not have attained the threshold for a refund.

This is how the scam prospers.

For those who manage to attain what the scammers want, no funding will be disbursed. There’s no evidence that has ever funded a trader.

The Conclusion of this review

These scams feed on the greed of naive traders who think that successful trading has something to do with a fat retail account.

If people only knew better, they’d stop feeding these scams by giving them hundreds of dollars in fees and losing the money, thanks to water tight liability disclaimers meant to enrich the pockets of the scammers themselves.

Thanks for reading this review. Our advise is that you should avoid this prop firm at all cost.

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