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Advanced Markets -

Score

3.90 /10
Danger

Advanced Markets

Bermuda

2-5 years

Regulated in United Kingdom

Investment Advisory License

White label MT4

Global Business

Suspicious Overrun

Medium potential risk

https://advancedmarkets.com

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index2.78

Business Index6.18

Risk Management Index0.00

Software Index9.52

License Index2.78

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Advanced Markets (Bermuda) Ltd

Company Abbreviation

Advanced Markets

Platform registered country and region

Bermuda

Company website

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-24
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 777739)Investment Advisory Licence Non-Forex License. Please be aware of the risk!
  • The AustraliaASIC regulation (license number: 444649) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
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Advanced Markets · Company summary
Advanced Markets Review Summary
Founded2005
Registered Country/RegionBermuda
RegulationSuspicious Clone
Market InstrumentsForex, Commodities, Indices, Metals, Stocks, and Crypto
Demo AccountNot Mentioned
Trading PlatformMT4, MT5, and Fortex 5
Customer Support+1-704-544-9446

Advanced Markets Information

Advanced Markets is a trading brokerage offering many market instruments including Forex, Commodities, Indices, Metals, Stocks, and Crypto. It supports MT4, MT5, and Fortex 5 for trading. However, it is a suspicious clone without regulation. And information on trading fees and account types is not provided on the official website.

Advanced Markets Information

Pros and Cons

Pros Cons
  • Supports MT4, MT5 and Fortex 5
  • Suspicious Clone
  • Offers multiple assets to trade
  • Limited information on trading fees and account types

Is Advanced Markets Legit?

Advanced Markets once had an Investment Advisory License regulated by The Financial Conduct Authority (FCA) in the United Kingdom with a license number of 777739. But it is currently exceeded.

It also had an Institution Forex License regulated by the Australian Securities and Investments Commission (ASIC) in Australia with a license number of 444649. But it is currently a Suspicious Clone.

Regulatory Status Exceeded
Regulated by The Financial Conduct Authority (FCA)
Licensed Institution Advanced Markets (UK) Limited
Licensed TypeInvestment Advisory License
Licensed Number777739
Regulatory Status Suspicious Clone
Regulated by The Australian Securities and Investments Commission (ASIC)
Licensed Institution ADVANCED MARKETS LTD.
Licensed TypeInstitution Forex License
Licensed Number444649
Is Advanced Markets Legit?
Is Advanced Markets Legit?

What Can I Trade on Advanced Markets?

Advanced Markets offers many tradable assets including Forex, Commodities, Indices, Metals, Stocks, and Crypto.

Tradable Instruments Supported
Forex✔
Commodities✔
Stock✔
Indices✔
Cryptocurrency✔
Metals✔
Shares❌
What Can I Trade on Advanced Markets?

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MetaTrader 4✔PC and MobileInvestors of all experience levels
MetaTrader 5✔PC and MobileInvestors of all experience levels
Fortex 5✔PC and MobileInvestors of all experience levels
Trading Platform

User Reviews

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User comment

6

Comments

Write a review

DHIEWJ
more than one year
Went above and beyond in customer care. Very polite and understanding super helpful.
Went above and beyond in customer care. Very polite and understanding super helpful.
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2024-07-04 18:34
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Natsuki H., Hyogo
more than one year
Advanced Markets is very transparent about all their fees, including deposit and withdrawal charges.
Advanced Markets is very transparent about all their fees, including deposit and withdrawal charges.
Translate to English
2024-06-27 18:10
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1