Score

2.38 /10
Danger

Dollars Markets

Mauritius

5-10 years

Suspicious Regulatory License

MT4 Full License

Global Business

High potential risk

A
C

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Comparison

Quantity 18

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.98

Risk Management Index0.00

Software Index9.85

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
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

Regulatory disclosure

Danger

MY SCM
2021-01-01
INVESTOR ALERT LIST
Dollars Markets

Broker Information

More

Company Name

Dollar Markets Ltd

Company Abbreviation

Dollars Markets

Platform registered country and region

Mauritius

Company website

X

Facebook

Instagram

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 3
Previous Detection : 2025-05-12
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 17 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Dollars Markets · Benchmark
Average transaction speed(ms)
509.4
The highest transaction speed(ms)
297 Poor
The highest speed of opening positions(ms)
281
The highest speed of closing position(ms)
297
The lowest speed of opening positions(ms)
1922
The lowest speed of closing position(ms)
860 Great
Ranking: 69 / 128
Test user 537
Transactions 1,720
Ocuppied margin $220,782 USD
Data Source WikiFX Data provide
Updated: 2025-05-09 01:05:00
Pyramid scheme complaint
Expose
Others

Dollar Markets take advantage over you!

I already did cut loss of my trading platform using MT5 but somehow it got freezes and then i cannot cutloss again and the trades keep running. I already did withdraw my profit of 100$ before taking another trade. And now my loss floating that running are over -50$ and keep going while i only left with 15$ capital to start with. Lets see if they turn with a trick to freeze my withdrawals due to this floating losses that aren’t my fault.

2024-04-19 11:56
Unable to Withdraw

Suspected to be an illegal gambling company

1. Unable to Withdraw for more than 3 weeks due to system maintenance(as their reason) 2. Every deposit appear different company accounts (only gambling company will use many bank account to evading Bank Negara’s detection) 3. A huge flaw occurred few week ago -During that time they offered digital wallet payments -When make a deposit, a QR code will appear. But the words "for casino" appeared in the upper right corner of the QR code. After I asked the customer service, they cancelled the digital wallet service within 5 minutes. From that day on, my trading account had problems. (deduction of funds, delay of severe). When I make a trade there is a delay of more than 10 seconds, this is a serious mistake in today's XAUUSD market. 4. This may be their warning and threat to me, making me 100% believe that this is an illegal online gambling company. There is no legal online gambling company in Malaysia. I have submitted the relevant evidence to Country hope to save other investor

2025-04-15 08:57
    Dollars Markets · Company summary
    Dollars MarketsReview Summary
    Founded2020
    Registered Country/RegionMauritius
    RegulationOffshore regulated
    Market InstrumentsCurrency Pairs, Precious Metals , Indicies ,Cryptocurrencies, Shares, Energy, ETFs
    Demo Account
    LeverageUp to 1:3000
    SpreadFrom 0.02 pips
    Trading PlatformMT4/MT5
    Min Deposit$10
    Customer SupportInstagram, facebook, X, Tiktok, Youtube, Bloomberg
    24/5 customer support
    Contact form
    Regional RestrictionsUS, Afghanistan, Bosnia and Herzegovina, Democratic People's Republic of Korea (DPRK), Guyana, Iran, Iraq, Lao People's Democratic Republic, Myanmar, Papua New Guinea, Syria, Uganda, Vanuatu, Yemen, Malaysia and Indonesia clients are not allowed

    Dollars Markets Information

    Dollars Markets is an offshore regulated broker, offering trading on currency pairs, precious metals, indicies, cryptocurrencies, shares, energy and ETFs with leverage up to 1:3000 and spread from 0.02 pips on MT4/MT5 trading platform. The minimum deposit requirement is $10.

    Dollars Markets Information

    Pros and Cons

    Pros Cons
    Tight spreadsNo contact Tel or email
    Various trading productsOffshore regulation
    MT4/MT5 platformNo demo accounts
    Low minimum deposit requirement

    Is Dollars Markets Legit?

    It is registered in Mauritius. It has offshore regulations currently.

    Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
    The Financial Services CommissionOffshore regulated DOLLARS MARKETS LTDRetail Forex LicenseGB21026297
    Is Dollars Markets Legit?

    What Can I Trade on Dollars Markets?

    Tradable Instruments Supported
    Currency Pairs
    Precious Metals
    Indicies
    Cryptocurrencies
    Shares
    Energy
    ETFs
    Bonds

    Account Type

    Here are three account types Dollars Markets offers:

    Account TypeMin Deposit
    Standard $10
    Pro $10
    Ultra $50
    Account Type
    Account Type
    Account Type
    Account Type
    Account Type

    Leverage

    The broker offers max leverage at 1:3000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

    Leverage

    Dollars Markets Fees

    Trading Fees

    Account TypeCommission Swaps
    Standard 00
    Pro 00
    Ultra 4% On FX & Metals0

    Dollars Markets Spreads

    Dollars Markets offers spreads from 0.02 pips.

    Dollars Markets Fees

    Trading Platform

    Trading PlatformSupported Available Devices Suitable for
    MT4/Beginners
    MT5/Experienced trader
    Trading Platform

    Deposit and Withdrawal

    The broker accepts payments via bank wire, cryptocurrency, Mastercard and Visa.

    Deposit Options

    Deposit Options Min. DepositFixed RateProcessing Time
    Instant Bank Transfers$15.00Available1-5 Minutes
    Cryptocurrency$100.00Available10-45 Minutes
    Mastercard$5.00No5-10 Minutes
    Visa$5.00No5-10 Minutes
    Deposit and Withdrawal

    Withdrawal Options

    Withdrawal Options Min. Withdrawal Fixed RateProcessing Time
    Instant Bank Transfers$15.00Available1-3 Business Day
    Deposit and Withdrawal

    News

    ExposureGlobal Traders Sound Alarm Over Dollars Markets' Shady Practices

    This article exposes the alarming experiences of global traders with Dollars Markets, a low-rated and blacklisted broker, highlighting serious issues such as withdrawal delays, suspicious payment methods, and possible links to illegal online gambling.

    WikiFX
    2025-05-10 17:22
    Global Traders Sound Alarm Over Dollars Markets' Shady Practices

    NewsDollars Markets Wins Prestigious "Best Trade Execution – Global" Award at Global Forex Awards 2024

    26/9/2024 – Dollars Markets is proud to announce that we have been awarded the coveted “Best Trade Execution – Global” accolade at the Global Forex Awards 2024 in the Retail category. This prestigious

    WikiFX
    2024-09-26 17:25
    Dollars Markets Wins Prestigious "Best Trade Execution – Global" Award at Global Forex Awards 2024

    NewsDollars Markets Introduces New Forex Branding Leadership

    Dollars Markets rebrands with a new logo and enhanced identity, emphasizing innovation, transparency, and exceptional trading experiences for all clients.

    WikiFX
    2024-07-23 17:55
    Dollars Markets Introduces New Forex Branding Leadership

    NewsDollars Markets Unveils a Bold New Look

    Dollars Markets Announces Rebranding with New Logo and Enhanced Brand IdentityDollars Markets, a leader in the forex trading industry, is excited to announce its rebranding initiative. This transforma

    WikiFX
    2024-07-08 15:49
    Dollars Markets Unveils a Bold New Look

    User Reviews

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    User comment

    25

    Comments

    Write a review

    FX1404335932
    0-3months
    1. Unable to Withdraw for more than 3 weeks due to system maintenance(as their reason) 2. Every deposit appear different company accounts (only gambling company will use many bank account to evading Bank Negara’s detection) 3. A huge flaw occurred few week ago -During that time they offered digital wallet payments -When make a deposit, a QR code will appear. But the words "for casino" appeared in the upper right corner of the QR code. After I asked the customer service, they cancelled the digital wallet service within 5 minutes. From that day on, my trading account had problems. (deduction of funds, delay of severe). When I make a trade there is a delay of more than 10 seconds, this is a serious mistake in today's XAUUSD market. 4. This may be their warning and threat to me, making me 100% believe that this is an illegal online gambling company. There is no legal online gambling company in Malaysia. I have submitted the relevant evidence to Country hope to save other investor
    1. Unable to Withdraw for more than 3 weeks due to system maintenance(as their reason) 2. Every deposit appear different company accounts (only gambling company will use many bank account to evading Bank Negara’s detection) 3. A huge flaw occurred few week ago -During that time they offered digital wallet payments -When make a deposit, a QR code will appear. But the words "for casino" appeared in the upper right corner of the QR code. After I asked the customer service, they cancelled the digital wallet service within 5 minutes. From that day on, my trading account had problems. (deduction of funds, delay of severe). When I make a trade there is a delay of more than 10 seconds, this is a serious mistake in today's XAUUSD market. 4. This may be their warning and threat to me, making me 100% believe that this is an illegal online gambling company. There is no legal online gambling company in Malaysia. I have submitted the relevant evidence to Country hope to save other investor
    Translate to English
    2025-04-15 08:57
    Reply
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    0
    sansa-6
    more than one year
    This company wiped out all my internal profits with various excuses, do not invest in this company, they only gave me my principal and it took 1.5 months
    This company wiped out all my internal profits with various excuses, do not invest in this company, they only gave me my principal and it took 1.5 months
    Translate to English
    2025-04-13 00:00
    Reply
    0
    0
    18