Is MarketTM Scam or Legit Broker?

No, MarketTM broker is a Non-Regulated Broker. It is NOT SAFE to trade. We found that the company has 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.

About MarketTM
🗺️ Registered inNo Registration
🗺️ Type of LicenseNo License
🛡️ Is MarketTM safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is MarketTM?

MarketTM is a Forex broker operated by MarketTM Ltdl Islands. The company doesn’t provide its address or the regulation details. On its website, it is only mentioned FT Global Services Ltd as the payment service provider, based in London, United Kingdom. Also, the terms and conditions of the firm state that it is under the jurisdiction of the Marshall Islands, but still no information about actual regulation.

  • The broker is not registered in the 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 (Learn about ASIC Regulated Brokers). For example, the license from the UK’s Financial Conduct Authority 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.

MarketTM Review Conclusion

We advise opening a trading account only with brokers regulated by respected world authorities that comply with the required set of rules and a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as HotForex and Eightcap.

MarketTM Update

Our research showed that the MarketTM Website is inactive. Since money safety in forex goes first we recommend avoiding any proposals from MarketTM and staying alert. 

No news available.

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