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No Regulation
Score
1.45 /10
Danger
FMarkets
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.56
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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
open now
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Warning: Low score, please stay away!
Previous Detection :
2024-12-27
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| FMarkets Review Summary | |
| Founded | 2021-02-19 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Market Instruments | Currency Pairs/Stocks/Cryptocurrencies/Futures/Commodities/Stock indices/Energies/Metals/Bonds |
| Demo Account | Not mentioned |
| Leverage | Up to 1:500 |
| Spread | As low as 0.0 pips |
| Trading Platform | MT5(Windows/Mac Os/Linux/Android/iOS/Huawei) |
| Min Deposit | Not mentioned |
| Customer Support | Phone: +61 3 9018 6586 |
| Email: support@fmarkets.com | |
| Social Media: Facebook, Twitter, YouTube | |
FMarkets Information
FMarkets is a broker. The tradable instruments with a maximum leverage of 1:500, include currency pairs, stocks, cryptocurrencies, futures, commodities, stock indices, energies, metals, and bonds. The minimum spread is from 0.0 pips. FMarkets is still risky due to its unregulated status, high leverage, and inaccessible office website.
Pros and Cons
| Pros | Cons |
| 24/7 customer support | Unregulated |
| MT5 available | Unspecific account information |
| Leverage up to 1:500 | Inaccessible office website |
| Various tradable instruments |
Is FMarkets Legit?
FMarkets are not regulated, which makes them less safe than regulated brokers.
What Can I Trade on FMarkets?
Traders can choose different investment directions because the broker provides currency pairs, stocks, cryptocurrencies, futures, commodities, stock indices, energies, metals, and bonds.
| Tradable Instruments | Supported |
| Currency Pairs | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Futures | ✔ |
| Stock Indices | ✔ |
| Energies | ✔ |
| Bonds | ✔ |
| Metals | ✔ |
Account Type
FMarkets has four types of accounts: Classic, Raw, VIP, and Islamic.
| Account Type | Supported |
| Classic | ✔ |
| Raw | ✔ |
| VIP | ✔ |
| Islamic | ✔ |
FMarkets Fees
The spread is from 0.0 pips.
Leverage
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
Trading Platform
FMarkets has an authoritative MT5 trading platform for Windows, Mac Os, Linux, Android, iOS, and Huawei.
| Trading Platform | Supported | Available Devices |
| MT5 | ✔ | Windows/Mac Os/Linux/Android/iOS/Huawei |
Deposit and Withdrawal
The minimum deposit is unknown. Deposit and withdrawal methods include PayPal, Skrill, VISA, etc.
Customer Support Options
FMarkets provides 24/7 customer support; traders can contact the broker via phone and email.
| Contact Options | Details |
| Phone | +61 3 9018 6586 |
| support@fmarkets.com | |
| Social Media | Facebook, Twitter, YouTube |
| Supported Language | English |
| Website Language | English |
| Physical Address | Not mentioned |
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