WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

FMarketX

Saint Vincent and the Grenadines|2-5 years|
Suspicious Scope of Business|High potential risk|

https://fmarketx.com/

Website

Rating Index

Contact

+44 7912 57 6421
https://fmarketx.com/
Beachmont Business Centre, Suite 107, Kingstown, St. Vincent and the Grenadines.

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

Open Now

Disclosure

More

Danger

FR AMF
2022-01-10

Warning

FR AMF
2022-01-10

Contact number

English

+44 7912 57 6421

Other ways of contact

Broker Information

More

Company Name

FMarketX

Abbreviation

FMarketX

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-04
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

FMarketX · WikiFX Survey

Users who viewed FMarketX also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

HFM

8.26
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website

MultiBank Group

8.95
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

Exness

8.30
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
Official website

FMarketX · Company Summary

Note: FMarketX's official website https://fmarketx.com/ is currently inaccessible normally.

FMarketXReview Summary
Founded2020
Registered Country/RegionSaint Vincent and the Grenadines
RegulationNo regulation
Market InstrumentsForex currency pairs, and commodities
Demo Account/
LeverageUp to 1:200
EUR/USD SpreadUnder 1 pip
Trading PlatformWeb
Min Deposit$250
Customer SupportTel: +44 7912 57 6421
Address: Beachmont Business Centre, Suite 107, Kingstown, St. Vincent and the Grenadines

FMarketX was registered in 2020 in Saint Vincent and the Grenadines. It uses its own trading platform, which is a web-based one. The minimum deposit is $250, and the leverage can be up to 1:200. However, it is not regulated currently.

Pros and Cons

Pros Cons
Multiple account typesInaccessible website
Lack of regulation
Limited trading asset classes
No MT4/5
High minimum deposit

Is FMarketX Legit?

FMarketX is not regulated by the financial services regulatory authority in Saint Vincent and the Grenadines, which means that the company lacks regulation from its registration site. Moreover, CNMV issued a warning notice about this company.

Is FMarketX Legit?

What Can I Trade on FMarketX?

Trading instruments available on the platform are limited, only forex currency pairs, and commodities.

Tradable Instruments Supported
Forex Currency Pairs
Commodities
Indices
Stocks
Cryptocurrencies

Account Type

There are three trading accounts on offer: A-Future, B-Grow, and E-Pro. Its basic account, that is A-Future, requires $250, in line with the industry standard. The other two accounts require much higher deposit requirements, $1,500 to open a B-Grow account and $10,000 to start an E-Pro account.

Account TypeMin Deposit
A-Future$250
B-Grow$1,500
E-Pro$10,000

Leverage

The leverage can be up to 1:200. Customers should be aware that potential risks may be high if the leverage is high. Therefore, careful considerations are recommended.

FMarketsX Fees

The spreads on FX majors like EUR/USD are under 1 pip.

Besides, it also charges an inactivity fee of 10% per month.

Trading Platform

FMarketX uses its own web-based trading platform, and it does not support MT4 or MT5.

Trading PlatformSupported Available Devices Suitable for
Web TraderWeb/
MT4/Beginners
MT5/Experienced traders
Trading Platform

Deposit and Withdrawal

The deposit options include credit cards and wire transfers. Withdrawal fees are needed, but other information such as the processing time is not clear.

Withdrawal OptionsWithdrawal Fees
Wire transfers50 USD/GBP/EURO
Credit cards25 USD/GBP/EURO (processing fee of 10 USD/ 7 EUR/ 5 GBP
ePayments25 USD/GBP/EURO

Review 2

2 Comments
Write a comment
All(2) Latest Neutral(2)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com