Brokers  /  Top Earners Africa

Top Earners Africa

Moderate risk
🇸🇨 Seychelles · 2-5 years · since 2022-02-23 · TE Markets Ltd
Unregulated
Visit site ↗
Independent ratingshow third parties score this broker
WikiFX1.49/10
Trustpilot2.6/5
Forex Peace Army/5
47
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Seychelles (offshore, light oversight)
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)010%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameTE Markets Ltd
Headquarters🇸🇨 Seychelles
Founded2022-02-23
Years operating2-5 years
Employees0
Official websitetopearnersafrica.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
306 Victoria House Victoria, Mahe Seychelles

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -1.85)

All user reviews are 1-star and uniformly condemn Top Earners Africa as a scam. Multiple reviewers describe a pattern of initial small payouts meant to entice larger deposits, after which funds are frozen and withdrawals become impossible. The broker is explicitly labeled a Ponzi scheme, and one reviewer demands that its website be shut down by authorities.

Not for
  • Retail traders seeking regulatory protection
  • Investors prioritising fund security
  • Anyone averse to high fraud risk
Period:
What users complain about
What users praise
Where reviewers are from
🇳🇬 NG2
🇬🇧 GB1
IE1
Philippines1
Taiwan1
Positive vs negative · last 4 months Pos Neg
Feb
Sep
Nov
Jul

Real user reviews

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What Top Earners Africa says about itself as stated by the broker · not independently verified by FXCanary

About the Company

The broker states that it is a Seychelles-based online forex brokerage, operating under the trading name Top Earners Africa. It is the brand of T.E. Markets Ltd, registered with number 224001 at 306 Victoria House Victoria, Mahe Seychelles.

Trading Instruments

According to its company description, Top Earners Africa offers trading services in Cryptocurrencies, Forex Exchange, and Stocks.

Customer Support

The broker claims that its customer support team is accessible 24 hours a day, 7 days a week, although contact channels are not specified in the available information.

About Top Earners Africa

Overview

Top Earners Africa is an online brokerage that presents itself as a gateway to trading forex, cryptocurrencies, and stocks. Registered in the offshore jurisdiction of Seychelles, the firm has been in operation since February 2022 under the legal entity T.E. Markets Ltd.

Despite its relatively recent founding, the broker has already attracted a small number of user reviews, all of which are overwhelmingly negative, and it operates without any recognized regulatory license. This introduction provides a factual overview of the broker’s claimed services, corporate structure, and operational setup as disclosed in public records and the broker’s own statements.

Company Background

Top Earners Africa is the trading name of T.E. Markets Ltd, a company registered in Seychelles with the registration number 224001. Its registered address is 306 Victoria House Victoria, Mahe Seychelles, which is a typical address for many offshore-incorporated firms.

Publicly available business records indicate that the company has zero employees, which is unusual for an active brokerage. The broker has not disclosed any physical offices beyond its Seychelles address, and its website does not provide details about its management team or corporate history.

Regulatory Standing

Top Earners Africa does not hold a license from any financial regulatory authority. Our checks of major regulatory registers, including those in Seychelles (FSA), Cyprus (CySEC), the United Kingdom (FCA), and Australia (ASIC), found no record of the firm being authorized to provide investment services.

Operating without regulation means that clients have no access to compensation schemes, segregated client accounts are not mandated, and there is no external oversight of the broker’s business practices. This lack of regulation is a significant risk factor that traders should weigh carefully.

Products and Markets

According to its own promotional material, Top Earners Africa offers trading in three main asset classes: forex, cryptocurrencies, and stocks. The broker does not provide specifics on the number of currency pairs, the range of digital coins, or the stock exchanges covered.

No information is available regarding the types of trading accounts, leverage levels, spreads, or execution models. The available data suggests that the broker targets retail traders in Africa and possibly other regions, though no geographic restrictions are explicitly stated.

Account Types and Trading Terms

The broker’s website does not publish details of account tiers, minimum deposit requirements, or trading conditions. This lack of transparency makes it impossible for prospective clients to evaluate the cost of trading or the features of different account levels.

Without clear account specifications, traders cannot compare the broker’s offer against industry standards. The absence of such information is a common trait among unregulated or newly established brokers, and it often raises concerns about the firm’s operational legitimacy.

Platforms and Technology

Top Earners Africa has not disclosed which trading platform it uses. Industry-standard platforms like MetaTrader 4 or 5 are not mentioned, and there is no description of any proprietary web or mobile application.

A lack of clear platform information can be problematic for traders who rely on charting tools, automated trading capabilities, or other features typically offered by established platforms. The broker appears to operate a simple web-based interface, but this cannot be confirmed from the available data.

Funding and Client Support

The broker has not published any information regarding deposit and withdrawal methods, processing times, or associated fees. Such opacity is a major red flag, as it leaves traders unaware of how they can fund their accounts or retrieve their money.

Top Earners Africa claims to offer 24/7 customer support, though it does not specify support channels such as live chat, email, or phone numbers. Given the lack of regulatory oversight, the reliability and effectiveness of this support remain unverified.

Overview compiled by FXCanary from regulatory records and public data. full Top Earners Africa review