• Company name: MarketTM Ltd
  • Registration/license: None
  • Registration/license requirement: –

Is MarketTM regulated forex broker or a scam?

no, MarketTM broker is Non-Regulated Broker. It is NOT SAFE to trade.while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.

MarketTM is Forex broker operated by MarketTM Ltdl Islands. The company doesn’t provide it’s address neither the regulation details. They mention the FT Global Services Ltd as the payment service provider, based in London, United Kingdom. Also the terms and conditions of the firm states that it is under the jurisdiction of the Marshall Islands, but still no information about actual regulation. The broker is not registered in UK and most probably not in the Marshall Islands. It is recommended to trade with brokers regulated by trustworthy agencies like UK’s FCA or Australia’s ASIC. For example, the license from UK’s Financial Conduct Authority, that costs USD 50,000 and also needs USD 100,000 of capital for the STP license aside from client deposits. The regulator also protects customers when authorized financial services firms fail.

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