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No Regulation
Score
1.48 /10
Danger
FXGBPMARKETS
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Expose
Exposure
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Website
Score
Regulatory Index0.00
Business Index6.73
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
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Warning: Low score, please stay away!
Previous Detection :
2024-12-25
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
Note: FXGBPMARKETS's official website: https://www.fxgbpmarkets.com/ is currently inaccessible normal.
| FXGBPMARKETSReview Summary | |
| Founded | / |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Forex pairs, commodities, futures, shares, cryptocurrencies, spot indices, and indices |
| Demo Account | / |
| Leverage | 1:500 |
| Spread | / |
| Trading Platform | MT4 |
| Min Deposit | €50 |
| Customer Support | Phone: +442037694830 |
| Email: customer.service@fxgbpmarkets.com | |
FXGBPMARKETS, an unregulated trading platform based in the United Kingdom, offers a range of market instruments including forex pairs, commodities, futures, shares, cryptocurrencies, spot indices, and indices. With a maximum leverage of 1:500 and a minimum deposit requirement of €50, FXGBPMARKETS provides the MT4 trading platform for clients.
However, the unavailability of their official website and lack of regulation raise concerns about the credibility and transparency of FXGBPMARKETS.
Pros & Cons
| Pros | Cons |
| Wide range of tradable assets | Unregulated |
| Lack of transparency | |
| Unfunctional website |
Is FXGBPMARKETS Legit?
No, FXGBPMarkets are not properly licensed and their operations are totally illegal on regulated markets like the UK and the EU.
What Can I Trade on FXGBPMARKETS?
FXGBPMARKETS claims to provide multiple trading instruments. These include forex pairs, commodities, futures, shares, cryptocurrencies, spot indices, and indices.
| Trading Asset | Available |
| forex | ✔ |
| commodities | ✔ |
| indices | ✔ |
| shares | ✔ |
| cryptocurrencies | ✔ |
| futures | ✔ |
| bonds | ❌ |
| options | ❌ |
| ETFs | ❌ |
Leverage
FXGBPMARKETS offers a maximum leverage of 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
FXGBPMARKETS accepts deposits viacredit cards, debit cards, and wire transfers. The minimum deposit required is €50.
In terms of withdrawal, FXGBPMARKETS offers bank transfers and cryptocurrencies as options for withdrawing funds from a trading account. Requests for withdrawals are processed within 5 days.
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