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Is TopTier Trader a Broker/Financial Advisor?
Is TopTier Trader a Broker/Financial Advisor?

More information about what a Broker and Financial Advisor is and how TopTier Trader is neither of these things

Updated over 5 months ago

What is a Broker?

A broker is an individual or a firm that acts as an intermediary between buyers and sellers in financial markets. Brokers facilitate transactions by executing orders on behalf of clients and charging a commission or fee for their services. They provide access to various financial instruments such as stocks, bonds, commodities, and currencies, allowing investors to buy and sell these assets in the market. Brokers may also offer additional services such as investment advice, research, and trading platforms to assist their clients in making informed decisions.


Is TopTier Trader a Broker?

No we are not! TopTier Trader isn't a brokerage firm. Instead, we're a demo trading evaluation company. After successfully completing one our phase evaluation processes, customers receive simulated funded demo accounts from us.


What is a Financial Advisor?

A financial advisor is a professional who provides advice and guidance on various aspects of personal finance, including investment management, retirement planning, tax strategies, estate planning, insurance, and more. Financial advisors help individuals and families make informed decisions about their finances by assessing their goals, risk tolerance, and financial situation. They offer personalized recommendations tailored to their clients' specific needs and objectives, aiming to optimize their financial well-being over the short and long term.


Is TopTier Trader a Financial Advisor?

No we are not! TopTier Trader is not a financial advisor. We do not provide any sort of guidance on personal finance, including investment management, retirement planning, tax strategies, estate planning, insurance, and more. Additionally we do not hold the necessary licenses needed to provide this type of information. We are a demo trading evaluation company.

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