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Score
Mauritius
Suspicious Regulatory License
MT4 Full License
Global Business
High potential risk
Benchmark
Influence
Add brokers
Comparison
Quantity 18
Exposure
Score
Regulatory Index0.00
Business Index6.98
Risk Management Index0.00
Software Index9.85
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Danger
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Company Name
Dollar Markets Ltd
Company Abbreviation
Dollars Markets
Platform registered country and region
Mauritius
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
clearly dont open acc and dont depsoit
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
I have made a deposit on 29 September 2022. As per today, my account already grow 300% from 500 USD to 2000 USD. And on 4 October 2022 I’ve make withdrawal request. But the broker reject my withdrawal request. They said they want investigate my account. What a rubbish broker. I know this scam broker scare with trader who can gain profit alot.
Last day I trade.. I want close all at mt5 DM but hanging around 1 hour I have prove I have screen video I have screenshot all anything.. Then I text the customer servis DM he side say thare it will check the system but not take responsibility.. Now my I lose my money then no refund?? Not my mistake all about your mistake fucking system.. Then how??? Always hanging mt5 DM... Hope it doesn't happen to anyone else... Very disappointed for this broker.. Last I use this DM..
Please explain, why can slippage be so severe?
They confiscated my account under the name of Under Review and confiscated it, including my principal, I don't think they are an ethical company. If that was the case, why did they make such a decision after such a long time? It is unethical to treat the customer in this way.
i was trying to make withdrawal my money but they were asking the transaction ID of crypto that i make deposit but its been long time and how can i get that and they don’t have any deposit history option and i use different brokers but till now they never asked this type of question. so, i think like they don’t want to release our fund and most of people never keep that and they should put option history transaction
I have made a deposit on 29 September 2022. As per today, my account already grow 300% from 500 USD to 2000 USD. And on 4 October 2022 I’ve make withdrawal request. But the broker reject my withdrawal request. They said they want investigate my account. What a rubbish broker. I know this scam broker scare with trader who can gain profit alot. When you have made a profit and want to withdraw funds greater than the deposit you have made, then Dollars Market locks your account, arguing "your account is currently under review as part of a larger investigation involving multiple accounts conducting market abuse." Rubbish. This is scammer not broker.
DollarsMarkets refused my withdrawal and blocked my account without reason.
The stop loss is not working. Fortunately I just have a small position so it does not liquidate. At that time, I reach customer service, and I was laughed at by TA, saying that if I can’t afford to lose, I shouldn’t play foreign exchange, and then I directly withdraw money that night and don’t play with TA’s house.
I signed up with a friend, deposited 250u, and made a profit of 1000u. I clicked to withdraw and the platform wouldn't give it out, saying that there was a problem with our account that needed to be reviewed for 3 to 4 weeks. The final result says we arbitrage. I asked for proof of arbitrage and they were unable to provide it. I have to wait 3-4 weeks for a manual refund of my principal. The principal has not been returned yet.
This broker is scam first i asked them about debosit and withdraw and they answer withdraw take 48H muximum via crypto!!then i made debosit via crypto and i trade and wonbut i can not found any options to withdraw in the website !!!!i start to chat and ask them to withdraw mor than 4 times and nothing happendevery time they said there is a delay on the provider's side!!!more than 1 month waiting and finaly no answeri have wrote 4 massages to the help desk but pending mode for more than 1 month!!!and suddnly they change my leverage and no answer for my message..very bad experinse now i open possitions to loss all fundsbecarful everybudy dont put your mony or trade with them
Withdrawal is approved but the balance does not enter the account, is this broker a scam?
I have made a deposit on 29 September 2022. As per today, my account already grow 300% from 500 USD to 2000 USD. And on 4 October 2022 I’ve make withdrawal request. But the broker reject my withdrawal request. They said they want investigate my account. What a rubbish broker. I know this scam broker scare with trader who can gain profit alot.
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.
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
Dollars MarketsReview Summary | |
Founded | 2020 |
Registered Country/Region | Mauritius |
Regulation | Offshore regulated |
Market Instruments | Currency Pairs, Precious Metals , Indicies ,Cryptocurrencies, Shares, Energy, ETFs |
Demo Account | ❌ |
Leverage | Up to 1:3000 |
Spread | From 0.02 pips |
Trading Platform | MT4/MT5 |
Min Deposit | $10 |
Customer Support | Instagram, facebook, X, Tiktok, Youtube, Bloomberg |
24/5 customer support | |
Contact form | |
Regional Restrictions | US, 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 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.
Pros | Cons |
Tight spreads | No contact Tel or email |
Various trading products | Offshore regulation |
MT4/MT5 platform | No demo accounts |
Low minimum deposit requirement |
It is registered in Mauritius. It has offshore regulations currently.
Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
![]() | The Financial Services Commission | Offshore regulated | DOLLARS MARKETS LTD | Retail Forex License | GB21026297 |
Tradable Instruments | Supported |
Currency Pairs | ✔ |
Precious Metals | ✔ |
Indicies | ✔ |
Cryptocurrencies | ✔ |
Shares | ✔ |
Energy | ✔ |
ETFs | ✔ |
Bonds | ❌ |
Here are three account types Dollars Markets offers:
Account Type | Min Deposit |
Standard | $10 |
Pro | $10 |
Ultra | $50 |
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.
Trading Fees
Account Type | Commission | Swaps |
Standard | 0 | 0 |
Pro | 0 | 0 |
Ultra | 4% On FX & Metals | 0 |
Dollars Markets Spreads
Dollars Markets offers spreads from 0.02 pips.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | / | Beginners |
MT5 | ✔ | / | Experienced trader |
The broker accepts payments via bank wire, cryptocurrency, Mastercard and Visa.
Deposit Options
Deposit Options | Min. Deposit | Fixed Rate | Processing Time |
Instant Bank Transfers | $15.00 | Available | 1-5 Minutes |
Cryptocurrency | $100.00 | Available | 10-45 Minutes |
Mastercard | $5.00 | No | 5-10 Minutes |
Visa | $5.00 | No | 5-10 Minutes |
Withdrawal Options
Withdrawal Options | Min. Withdrawal | Fixed Rate | Processing Time |
Instant Bank Transfers | $15.00 | Available | 1-3 Business Day |
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.
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
Dollars Markets rebrands with a new logo and enhanced identity, emphasizing innovation, transparency, and exceptional trading experiences for all clients.
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
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