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No Regulation
Score
1.50 /10
Danger
Castle Market
5-10 yearsSuspicious Regulatory License
High potential risk
Add brokers
Comparison
Expose
Exposure
Time Machine
Website
Score
Regulatory Index0.00
Business Index6.92
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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Warning: Low score, please stay away!
2
Previous Detection :
2024-11-14
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Castle Market Review Summary | |
| Registered Country/Area | United States |
| Founded Year | 2023 |
| Regulation | Unregulated |
| Market Instruments | Forex Trading, Crypto CFDs, and Gold Trading |
| Account Types | Awesome, Standard, VIP |
| Minimum Deposit | $20 |
| Maximum Leverage | 1:3000 |
| Spreads | Start from 0.1 pips |
| Trading Platform | MetaTrader 5 (MT5) |
| Demo Account | / |
| Customer Support | Email (admin@castle-market.com) |
| Phone (+842835352630) | |
| Deposit & Withdrawal | Credit/debit cards (Stripe & Payscout), Cryptocurrency (Coinbase) |
Note: Castle Market's official website: https://castlemarketventures.com/ is currently inaccessible normally.
Castle Market Information
Castle Market, founded in the United States in 2023, offers forex, crypto CFDs, and gold trading with three account types. It provides high leverage (up to 1:3000) and spreads starting at 0.1 pips. However, the platform lacks regulatory oversight.
Pros and Cons
| Pros | Cons |
| 3 Account Options | Unregulated |
| MetaTrader 5 Platform | Limited Customer Support |
| Spreads Starting at 0.1 pip | |
| Leverage up to 1:3000 |
Is Castle Market Legit?
Castle Market is owned and operated under the domain castlemarket.com, which was registered on November 2, 2012, and is set to expire on November 2, 2025. Despite being registered in the United States, it is not regulated by any U.S. financial authorities.
What Can I Trade on Castle Market?
Castle Market provides three financial products, including forex trading, crypto CFDs, and gold trading.
While it provides three trading options, it does not support cryptocurrencies and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Crypto CFDs | ✔ |
| Gold Trading | ✔ |
| Cryptocurrencies | ❌ |
| Indices | ❌ |
Account Types
Castle Market offers a total of three types of live trading accounts: Awesome Account, Standard Account, and VIP Account. The platform doesn't provide demo accounts.
| Account Type | Minimum Deposit | Leverage | Spreads | Execution | Suitable For |
| Awesome Account | $20 | Up to 1:3000 | Starting from 0.1 pips | Instant | Aggressive traders with low initial investment |
| Standard Account | $3,000 | Up to 1:1000 | Traders seeking balance between leverage and control | ||
| VIP Account | $5,000 | Up to 1:500 | Experienced traders prioritizing tighter spreads |
Leverage
Castle Market offers tiered leverage options, ranging from 1:3000 for the Awesome Account to 1:500 for the VIP Account, with the Standard Account at 1:1000.
Castle Market Spreads
Castle Market offers competitive spreads starting from 0.1 pips across all account types. This tight spread can lower the cost of trades for users.
Trading Platform
Castle Market offers the MT5 trading platform, which is suitable for both mobile and desktop devices (including Windows and macOS). It is more suitable for experienced traders.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Mobile and Desktop（Windows & macOS） | Experienced Trader |
| MT4 | ❌ | Mobile and Desktop（Windows & macOS） | Beginner |
Deposit & Withdrawal
Castle Market does not charge any fees for deposits or withdrawals. The minimum deposit required is $20, and you can fund your trading account using debit or credit cards through Stripe and Payscout, or by depositing cryptocurrencies via Coinbase. Additionally, there is a minimum profit threshold of $1 before you can request a withdrawal.
| Funding Method | Information |
| Debit/Credit Cards | Processed through Stripe and Payscout |
| Cryptocurrency | Deposits via Coinbase |
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