Review summary
Peninsula Markets (MU) Limited, operating as TomoTrader, is a broker based in Mauritius that has been in operation for one to two years. The entity's regulatory status is a primary area for investor due diligence; it holds no valid, recognized licenses for forex trading from major international financial authorities. While it possesses a Securities Trading License from the Mauritian FSC, this does not constitute mainstream forex regulation, meaning the broker operates outside the stringent financial oversight and client fund protection schemes associated with top-tier jurisdictions. WikiFX assessment indicates a low overall score of 1.80, reflecting significant concerns in its operational framework. The broker offers MetaTrader 5 as its primary platform and provides a range of trading accounts with competitive conditions, including high leverage up to 1:1000 on its Standard account, which requires a $100 minimum deposit. For traders considering this broker, the lack of authoritative regulatory oversight represents a substantial consideration that necessitates thorough independent verification before engaging in any financial activities. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-11)
