Markets Xchange Review 2025

Is Markets Xchange Scam or Legit Broker?

It is not safe to trade with Markets Xchange. This is an offshore broker and does not hold any serious license from a top-tier authority. 

• The broker is registered in the Marshall Islands which is an offshore zone, however, the broker pretends it is located and licensed in Ireland, which already gives a firm ground for doubts. 

What is Markets Xchange?

Markets Xchange is a Forex and CFDs broker. The website states that the Company Marshall Islands provides online trading services via its brand “Markets Xchange” and its European billing agent and marketsxchange.com website and the domain registrar. It is clear from the owner company's name that the broker is registered in the Marshall Islands, however, it claims to be located and authorized in Ireland (they don't provide the address, but provide multiple British and Irish contact phone numbers). Markets Xchange is not regulated by Ireland's regulator The Central Bank of Ireland or any other authority.

• Moreover, The Central Bank of Ireland has issued a warning against the broker:
  "Markets Xchange/Company Marshall Islands is not authorized by the Central Bank as an investment firm, or to provide investment advice. Markets Xchange/Company Marshall Islands has cloned the Central Bank authorization number of a legitimately authorized entity (of a different name) that has no connection whatsoever to this unauthorized firm."

Markets Xchange Review Conclusion

As we usually warn, offshore-regulated companies are not the best options to trade with, because of the high risk of losing invested funds. They don't guarantee and/or provide any protection for their customers. The UK's FCA, on the contrary, provides the Financial Services Compensation Scheme (FSCS), which guarantees account protection in case the broker goes bankrupt. Check the list of FCA-regulated brokers here. Traders should trade with well-regulated brokers such as FBS and BlackBull Markets.

Markets Xchange Update

Based on our findings, the Markets Xchange website is inactive. This means the broker has muted its trading offering and does not operate. Anyway, we recommend avoiding and staying alert in case of any proposals.