TopTier Trader Compliance Review by Deel & Payment Issues!

TopTier Trader has been asked by DEEL for Compliance Review. So they have some payment updates.

Home » TopTier Trader Compliance Review by Deel & Payment Issues!

As some of you may know, due to the issues related to My Forex Funds, the main payment processor that serves the Forex Prop Trading industry, Deel, requires all industry customers to provide some enhanced due diligence information. TopTier Trader has also been asked by DEEL to do the Compliance Review. The firm is told that this process should only take a day or two, but the firm wants to reassure their customers that ALL of their customers will be properly paid out in full.

TopTier Trader Deel Compliance Review!

Here is a summary of the situation regarding payouts and TopTier’s approach moving forward:

Backup Processor. To protect your interests, the firm is in the process of temporarily switching payment processors to Wise. They have been used previously with no issues. If no resolution with Deel is reached by the end of the week, the firm will use their backup payout vendor early next week. If they do reach a resolution with Deel, the firm will commence payouts normally.

Immediate Payouts. For those individuals who don’t want to wait until the end of the week, the firm is happy to begin payouts with their backup payout provider, Wise. All you have to do to get started there is click the link and set up your account to get verified to receive payment.

Cryptocurrency Payouts. TopTier Trader also offers cryptocurrency payouts in Bitcoin as an alternative option. This option is available immediately.

Payout Timelines. The prop firm is ensuring all customers receive full payouts within their promised one-week timeframe. The firm will either have resolved the issue with payouts being done through Deel or they will have moved back to Wise for fiat payouts.

While any delay in payouts is never ideal, TopTier Trader is committed to resolving this issue quickly and staying within their agreed-upon payout period. As soon as they have a resolution, they will communicate with everyone on the expected timing of payouts.

About the Firm

Here are some of the details about the firm:

  • Balance-based drawdown on TopTier accounts
  • Scaling plan up to $2,000,000
  • Profit split of 80% up to 90%
  • Leverage up to 1:100
  • Tradable instruments forex pairs, commodities, indices, and cryptocurrencies

For more details about the firm, Click here. Also, use our discount code (TMZ2IGAINC) for a 5% Discount.


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