Score

1.19 /10
Danger

Voyage Markets

Cayman Islands

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Time Machine
Website

Score

Regulatory Index0.00

Business Index4.56

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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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Broker Information

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Company Name

Voyage Markets SPC

Company Abbreviation

Voyage Markets

Platform registered country and region

Cayman Islands

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Voyage Markets · Company summary
AspectInformation
Company NameVoyage Markets
Registered Country/AreaCayman Islands
Founded year2023
RegulationUnregulated
Market InstrumentsForex pairs, cryptocurrencies, commodities, indices
Account TypesN/A
Minimum DepositN/A
Maximum LeverageN/A
SpreadsN/A
Trading PlatformsN/A
Customer Supportsupport@voyagemarkets.net

Overview of Voyage Markets

Voyage Markets, established in 2023 in the Cayman Islands, offers a broad spectrum of trading assets, spanning Forex pairs, cryptocurrencies, commodities, and indices.

Despite its asset diversity, the platform grapples with significant drawbacks, including technical glitches impairing trading experiences and a conspicuous lack of regulatory oversight, leaving traders vulnerable to potential risks.

Moreover, its operational transparency remains questionable, fueling skepticism among users regarding the platform's legitimacy.

While Voyage Markets presents an enticing array of trading options, its operational shortcomings and regulatory ambiguity cast a shadow over its credibility and reliability in the trading landscape.

Overview of Voyage Markets

Regulatory Status

Voyage Markets operates without regulation from any authority.

This lack of oversight raises risks about investor protection and market stability. Without regulation, there's a risk of fraudulent activities, market manipulation, and inadequate disclosure of information. Investors may face higher chances of financial losses due to the absence of safeguards and accountability measures. Additionally, the overall credibility and trustworthiness of Voyage Markets could be compromised, potentially deterring investors and hindering market growth.

Pros and Cons

ProsCons
Wide range of trading assets including over 40 major and minor Forex pairs, cryptocurrencies, spot gold, spot silver contracts, and popular indicesTechnical issues affecting trading experience
User-friendly trading platform (CXTrader)Lack of transparency in operations
Limited customer support options
Negative user reviews
Unregulated

Market Instruments

Voyage Markets offers a wide range of trading assets.

With over 40 major and minor Forex pairs available, traders have ample opportunities to engage in currency trading and explore different market dynamics. The fully simulated environment provided closely mimics live market conditions, allowing traders to implement their strategies with confidence.

CRYPTO CFDs

For those interested in cryptocurrency trading, Voyage Markets offers CRYPTO CFDs, allowing traders to access leading cryptocurrencies with low spreads. This enables investors to capitalize on the volatility and potential gains in the crypto market without directly owning the underlying assets.

COMMODITIES & METALS

Traders looking to diversify their portfolios can trade spot gold and spot silver contracts against the US dollar with tight spreads on Voyage Markets' raw account. This provides exposure to precious metals, allowing investors to hedge against inflation or geopolitical uncertainties.

INDICES

Voyage Markets also offers the opportunity to trade popular indices with competitive spreads across cash Indices like the UK 100 and S&P 500. This allows investors to speculate on the performance of major stock indices, reflecting broader market trends and sentiments.

Market Instruments

Trading Platform

The trading platform offered by Voyage Markets, CXTrader, provides access to a range of popular instruments in select markets within a simulated, virtual environment. It collaborates with trusted providers to facilitate simulated trading across Forex, Commodities, Indices, and Cryptocurrencies.

Key features of the platform include:

  1. Award-winning Trading Platforms: CXTrader boasts recognition for its trading platforms, indicating a level of reliability and functionality.
  2. Risk Management Tools: The platform offers tools to manage risk, which is crucial for traders to protect their investments and navigate volatile market conditions effectively.
  3. Average Execution Speeds Under 40ms: With average execution speeds under 40 milliseconds, traders can expect relatively fast order processing, enabling timely responses to market movements.
  4. Low Latency: Low latency ensures minimal delays in executing trades, enhancing the overall trading experience and potentially reducing slippage.

CXTrader is accessible across multiple platforms, including Windows, Android, and iOS/macOS.

Trading Platform

Customer Support

Voyage Markets exclusively offers customer support via email at support@voyagemarkets.net.

This ensures that traders can reach out for assistance conveniently and receive prompt responses to their inquiries. Whether traders have questions regarding trading, technical issues, or account management, they can rely on the dedicated support team to provide timely assistance through email communication.

Customer Support

News

ExposureWikiFX Broker Assessment Series | Is Voyage Markets Reliable?

In this article, we'll look in-depth at Vogage Markets, examining its key features. WikiFX aims to provide you with the information you need to make an informed decision about using this platform.

WikiFX
2024-04-23 17:10
WikiFX Broker Assessment Series | Is Voyage Markets Reliable?

ExposureThe High Risks of Trading with Unregulated Broker Voyage Markets

Voyage Markets, an unregulated trading broker, faces scrutiny for operational issues and questionable regulatory practices, urging investor caution.

WikiFX
2024-03-05 18:08
The High Risks of Trading with Unregulated Broker Voyage Markets

User Reviews

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User comment

2

Comments

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PIPSGOD
6-12months
Its seems fishy. Am in profit and can't login to close trades .The site keeps crashing
Its seems fishy. Am in profit and can't login to close trades .The site keeps crashing
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2024-03-05 00:39
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Tony9244
6-12months
Trash ass platform. Don’t ever run with these guys earlier today. I had a trade opened before 5 AM while trading gold and I was in profiting before I could even take the profit. The server went down, and when I tried signing in, I couldn’t, and it was loading and loading and then later on it says That they were in “maintenance”. When I signed back in after the whole process was over, I look at the balance and it says I’m in a drawdown of 4k+ What a disgrace.
Trash ass platform. Don’t ever run with these guys earlier today. I had a trade opened before 5 AM while trading gold and I was in profiting before I could even take the profit. The server went down, and when I tried signing in, I couldn’t, and it was loading and loading and then later on it says That they were in “maintenance”. When I signed back in after the whole process was over, I look at the balance and it says I’m in a drawdown of 4k+ What a disgrace.
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2024-03-02 07:32
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