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Funda Markets -

Score

1.33 /10
Danger

Funda Markets

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://fundamarkets.com/web

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Comparison

Quantity 2

Exposure

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Website

Score

Regulatory Index0.00

Business Index5.64

Risk Management Index0.00

Software Index4.00

License Index0.00

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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
2023-01-01
INVESTOR ALERT LIST
Funda Markets

Broker Information

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Company Name

Funda Markets Limited

Company Abbreviation

Funda Markets

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-02-02
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
Expose
Funda Markets · Company summary
Funda Markets Review Summary
Founded2022
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNo regulation
Market InstrumentsIndices, shares, metals, forex, energies, cryptocurrencies, commodities
Demo Account✅
LeverageUp to 1:500
SpreadFrom 1.6 pips
Trading PlatformcTrader
Min Deposit$100
Customer SupportContact form
Email: support@fundamarkets.com
Address: Suite 305 , Griffith Corporate Centre Kingstown, St Vincent and The Grenadines

Funda Markets was registered in 2022 in Saint Vincent and the Grenadines, which is a broker specializing in the indices, shares, metals, forex, energies, cryptocurrencies, and commodities markets. It offers several types of accounts, among which the minimum deposit is $100 and the maximum leverage is 1:500. However, this company is not regulated, and potential risks are rather high.

Funda Markets' homepage

Pros and Cons

Pros Cons
Diverse tradable assetsLack of regulation
Demo accounts and Islamic accountsWide spreads
Multiple account typesNo MT4 or MT5
cTrader platformNo popular payment options
Deposit/withdrawal fee charged

Is Funda Markets Legit?

No, it is not regulated by the financial services regulatory authority in Saint Vincent and the Grenadines, which means that the company lacks regulation from its registration site. Moreover, its domain status shows that client transferring is prohibited. Please note the potential risks.

No license
Domain information

What Can I Trade on Funda Markets?

Funda Markets provides a variety of products, including indices, shares, metals, forex, energies, cryptocurrencies, and commodities.

Tradable Instruments Supported
Forex✔
Commodities✔
Metals✔
Energies✔
Indices✔
Shares✔
Cryptocurrencies✔
Bonds❌
Options❌
ETFs❌
What Can I Trade on Funda Markets?

Account Type/Leverage/Fees

Funda Markets provides 6 types of accounts, including Standard, Premium, Platinum, Diamond, Platinum Islamic, and Standard Islamic. Besides, demo accounts are also available.

Account TypeMin DepositMax LeverageSpreadSwap Charges
Standard$1001:5002.0 pips✔
Premium$5001.8 pips✔
Platinum$2,0002.0 pips✔
Diamond$5,0001.6 pips✔
Platinum Islamic$2,0002.0 pips❌
Standard Islamic$1002.2 pips❌
Account comparison 1
Account comparison 2

Trading Platform

Funda Markets uses cTrader as its trading paltform, and it does not support MT4 or MT5.

Trading PlatformSupported Available Devices Suitable for
cTrader✔PC, web, mobileExperienced traders
MT4❌/Beginners
MT5❌/Experienced traders
cTrader

Deposit and Withdrawal

Funda Markets supports several types of payment options, and certain amounts of fees are charged depending on the types of payment options.

Payment OptionsCurrenciesMin Deposit Min WithdrawalDeposit FeesWithdrawal FeesProcessing Time
TetherUSDT/////
5PayMYR, THBMYR500MRY 1001.5% or MYR 10.5% or MYR 2Instantly
9Pay//////
CasholaIDR, MYRIDR 100,000IDR 100,000,0001.5% or IDR 2,5001% or IDR 6,500Instantly
FPXMYR, THBMYR 500MYR 1001.5%1.5%
StarsPayUSD$100$10$11%
BoostMYRMYR 100MYR 1001.5% or MYR 11% or MYR 2
GrabPay
ShopeePay
Touch
DirectPayLD/////
Deposit and Withdrawal 1
Deposit and Withdrawal 2

News

NewsInvestor Alert List includes Bold Prime, Funda Markets & others

The list includes Potential clone entity - iFast Capital 212, Funda Markets, Potential clone entity - PB Futures, Invesa Capital, Bold Prime, CS Smart Investment Syariah, and Potential clone entity - Pelaburan CIMB Bank Malaysia.

WikiFX
2024-03-13 18:18
Investor Alert List includes Bold Prime, Funda Markets & others
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Comments

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Yunhok
more than one year
Funda Markets seems pretty decent when it comes to spreads and account types. They offer competitive pricing and a range of account options to suit different traders' needs.
Funda Markets seems pretty decent when it comes to spreads and account types. They offer competitive pricing and a range of account options to suit different traders' needs.
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2024-07-17 17:22
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doudu
more than one year
Caught the trading wave with Funda Markets, a newcomer from the saintly Vincent and the Grenadines. Self-regulated, definitely adds an element of thrill to the mix. Talk about variety, was trading everything from Indices to Stocks. Channel for all this action? Good ol' cTrader. Went for the premium feel with their, you guessed it, Premium account. Hefty 1:500 leverage, not for the faint-hearted! Deposit methods galore, from bank wire to PayU and even cryptocurrencies. Their customer support? A team of superheroes ready to help, any day, any hour!
Caught the trading wave with Funda Markets, a newcomer from the saintly Vincent and the Grenadines. Self-regulated, definitely adds an element of thrill to the mix. Talk about variety, was trading everything from Indices to Stocks. Channel for all this action? Good ol' cTrader. Went for the premium feel with their, you guessed it, Premium account. Hefty 1:500 leverage, not for the faint-hearted! Deposit methods galore, from bank wire to PayU and even cryptocurrencies. Their customer support? A team of superheroes ready to help, any day, any hour!
Translate to English
2023-12-04 14:18
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