Score

5.68 /10
Average

Dollars Markets

Saint Vincent and the Grenadines

2-5 years

Regulated in Mauritius

Retail Forex License

MT4/5 full license

Medium potential risk

Offshore Regulatory

Benchmark

AAA

Influence

B

Influence

E

Open Account
Website

Score

License Index4.62

Business Index5.95

Risk Management Index8.22

Software Index7.62

Regulatory Index4.60

The WikiFX Score of this broker is reduced because of too many complaints!

Benchmark

AAA

Influence

B

Influence

E

Website
Open Account

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Contact number

English

+257 70040034

Broker Information

More

Company Name

Dollar Markets Ltd

Company Abbreviation

Dollars Markets

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Twitter

Facebook

Instagram

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 2
Previous Detection : 2022-11-27
  • The MauritiusFSC regulation with license number: GB21026297 is an offshore regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Dollars Markets · Benchmark
Average transaction speed(ms)
670.5 Poor
The highest transaction speed(ms)
2 Perfect
The highest speed of opening positions(ms)
2 Perfect
The highest speed of closing position(ms)
2 Perfect
The lowest speed of opening positions(ms)
1941
The lowest speed of closing position(ms)
1891
Ranking: 18 / 113
Test user 150
Transactions 2,259
Ocuppied margin $262,067 USD
Data Source WikiFX Data provide
Updated: 2022-11-02 01:11:00
Pyramid scheme complaint
Expose
Unable to withdraw

Account disable

how to proceed regarding my trading account problem in the name of GURUH GARINDRA with trading account number 1060123 . Has my total deposit been returned to BANK BCA account number 1030642721 in the name of GURUH GARINDRA? I've been waiting for a long time no answer at all. I want to report it to the authorities if it is not immediately transferred to my BANK BCA account number. reply to my chat on email rindra28072000@gmail.com ID Klien 66118

2021-11-22 16:29
Unable to withdraw

DollarsMarkets is scammer not real broker.

Every day they have a smarter way and seem to have carried out procedures and audits. But this is just a scam. If you have just created an account, initially you can trade as with a normal broker. However, when you have made a profit and want to withdraw funds greater than the deposit you have made, then what happens is: - Dollars Market locks your account, arguing: "your account is currently under review as part of a larger investigation involving multiple accounts conducting market abuse." - Helpdesk continues to serve your complaint well but persists for the reasons above. - You can still trade with Metratrader but you will most likely experience a margin call. - A week later you will receive an email with the content: "It seems that your account has been found to be in violation of our trading rules, section 8.1 classified under 'Abusive Trading'. As such, your account has been disabled." - You have been accused of cheating and your account has been disabled. Can't login anymore -Act like a swindler, the email also offers you to withdraw on condition that the deposit value is greater than the withdrawal value. But it's actually done. You begin to understand that so far you have only traded with Dollarsmarkets not the market.

2022-08-23 14:00

User Reviews

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User comment

2

Comments

Join to comment

kin8028
0-3months
This company have trading rules they set for CFDs market for who trade in CFDs. There's some rules that we need to follow and you can ask for the trading rules from their support. For who have been blocked or banned by the broker can refer back to why such act been taken.
This company have trading rules they set for CFDs market for who trade in CFDs. There's some rules that we need to follow and you can ask for the trading rules from their support. For who have been blocked or banned by the broker can refer back to why such act been taken.
Translate to English
2022-10-24 02:31
Reply
0
0
Bravo1992
0-3months
I have made a deposit on 29 September 2022. As per today, my account already grow 300% from 500 USD to 2000 USD. And on 4 October 2022 I’ve make withdrawal request. But the broker reject my withdrawal request. They said they want investigate my account. What a rubbish broker. I know this scam broker scare with trader who can gain profit alot. When you have made a profit and want to withdraw funds greater than the deposit you have made, then Dollars Market locks your account.
I have made a deposit on 29 September 2022. As per today, my account already grow 300% from 500 USD to 2000 USD. And on 4 October 2022 I’ve make withdrawal request. But the broker reject my withdrawal request. They said they want investigate my account. What a rubbish broker. I know this scam broker scare with trader who can gain profit alot. When you have made a profit and want to withdraw funds greater than the deposit you have made, then Dollars Market locks your account.
Translate to English
2022-10-18 19:07
Reply
0
1

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