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No Regulation
Score
1.49 /10
Danger
CityMarkets
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index6.88
Risk Management Index0.00
Software Index4.00
License Index0.00
Time Machine
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2024-12-30
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| CityMarkets Review Summary | |
| Founded | 1997 |
| Registered Country/Region | Vanuatu |
| Regulation | Unregulated |
| Market Instruments | Fund Management, Forex, Investment Packages |
| Demo Account | ❌ |
| Leverage | Up to 1:300 |
| Spread | Not Specified |
| Trading Platform | Not Specified |
| Min Deposit | $10,000 |
| Customer Support | Email: support@citymarkets.com |
CityMarkets Information
Based in Vanuatu, CityMarkets is an unlicensed broker that was founded in 1997. The broker offers trading options designed for low-risk techniques and specializes in fund management, currency, and investment packages. The $10,000 minimum deposit requirement is extremely large and can prevent smaller investors from participating.
Pros and Cons
| Pros | Cons |
| Low-risk fund management services | Unregulated |
| Flexible investment packages | High minimum deposit of $10,000 |
| No demo account available |
Is CityMarkets Legit?
Due to the lack of regulatory control, CityMarkets, an unlicensed broker without any current financial licenses, poses a risk to investors.
On September 11, 1997, citymarkets.com was registered, and it is still in use today. It was last updated on August 29, 2022, and is scheduled to expire on September 9, 2025.
What Can I Trade on CityMarkets?
With straightforward and adaptable terms, CityMarkets provides fund management services intended for low-risk trading. Traders can profit from customized investment packages that do not rely on high-risk techniques, spreads, or swap fees.
| Instruments/Servises | Supported |
| Fund Management | ✔ |
| Forex | ✔ |
| Investment Packages | ✔ |
Deposit and Withdrawal
Deposit and withdrawal fees are not mentioned by CityMarkets. The minimum deposit requirement is $10,000.
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