LEGAL: Topic Markets Limited is licensed and registered in Vanuatu by the Vanuatu financial service commission under the name of TMI Holding Limited.
One can claim anything on website. It can say Topic Markets Limited is licensed and registered in USA by FSA under Apple or Google. So that statement has very little value. Apart from the claim, there is nothing to show that TMI Holding a registered entity is running the website.
However when I perform the register search on the vfsc.vu the website, the record is not there.
Maybe the search only lists companies and not brokers. I couldn't find any of the brokers listed in PDF via search, not just TMI. BTW the updated list of Feb 2018 again shows TMI on 480. The list also has 2dots at number 1. Some of the websites like https://www.8infx.com/index.php quote they are registered as 2dots. Again there is no way to tell it apart.
Does it mean the company had the license for some reason and got removed? Is there any way of to check when and why it was removed?
Such scams are very sophisticated and often impossible to trace back to single person / entity. They create a maze of obscure things that are difficult to trace back.