Score

1.54 /10
Danger

10Markets

Vanuatu

5-10 years

Suspicious Regulatory License

White label MT4

Regional Brokers

High potential risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.24

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

10Markets

Company Abbreviation

10Markets

Platform registered country and region

Vanuatu

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-09-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Pyramid scheme complaint
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10Markets · Company summary

General Information & Regulation

10markets is a trading name of Badale Invest Ltd, a company registered in Scotland. 10markets is not subject to any regulation at this stage. Professional traders are not choosing unregulated brokers as they cannot guarantee fund safety.

Market Instruments

10markets offers investors CFD products on Forex currency pairs, stocks, and indices. Tradable instruments available on the 10markets platform are relatively limited compared to many other brokers.

10markets Minimum Deposit

There are five different types of trading accounts available on the 10markets platform: Bronze (minimum deposit of $250), Silver (minimum deposit of $2,500), Gold (minimum deposit of $5,000), Premium (minimum deposit of $10,000), and Platinum (minimum deposit of $25,000).

10markets Leverage

In regard to trading leverage, the maximum leverage level offered by 10markets is up to 1:200. This trading leverage is already enough for even more agressive trading strategies. Inexperienced traders, however, are not advised to use too high leverage in case of heavy fund losses.

10markets Spreads

Spreads related information is not fully disclosed on the 10markets official website. According to sector standard, the spread on EURUSD pair is around 1.1 pip to 1.5 pips.

Trading Platforms

10markets offers traders the most popular MT4 trading platform on the market, as well as the MT4 desktop, web and mobile app versions. In addition, clients can also trade through Mirror Trader.

Deposit & Withdrawal

10markets offers traders a wide range of popular deposit and withdrawal methods, including credit/debit cards, wire transfers, ecoPayz, POLi, CashU, GiroPay, Ideal, and WebMoney.

10markets Pros & Cons

10markets Advantages Include:

1. Five trading accounts

2. MT4 trading platform

3. Multiple deposit & withdrawal options

4. 24/7 customer support

10markets Disadvantages Include:

1. No regulation

2. Less variety of assets tradable

3. Not providing key trading information such as spreads & commissions

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糖果8658
more than one year
This company is registered in Vanuatu, and the website cannot be opened. Apparently its offices couldn't be there. It's a pity that I saw that someone has already been scammed... hope it can recover funds soon.
This company is registered in Vanuatu, and the website cannot be opened. Apparently its offices couldn't be there. It's a pity that I saw that someone has already been scammed... hope it can recover funds soon.
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2023-02-16 14:22
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