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Score

1.30 /10
Danger

Fame Markets

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

License Index 0.00
Business Index 5.39
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 0.00
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Licenses

No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away!
Previous Detection : 2023-06-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Fame Markets · Company summary

General Information

Fame Markets Limited Liability Company (FMLLC) is a brokerage firm based in St Vincent and the Grenadines, offering Forex and CFDs trading services and crypto-centric features to traders, investors and fund managers.

Market Instruments

Fame Markets offers investors a range of financial instruments including Forex, Metals, Indices, Crude Oil, Cryptocurrency, Stock.

Accounts & Leverage

There are two kinds of account types for investors to choose from at Fame Markets, namely Live Account and Demo Account. The maximum leverage is up to 1:500 and the spread starts as low as 0.3 pips. The minimum deposit is USD100.

Spreads & Commissions

The spread for EURUSD is 0.4 pips, USDJPY 0.3 pips, GBPUSD and EURGBP 0.6 pips. Fame Markets offers 2 different spread options: Variable and ECN. Fame Markets does not charge commissions on Variable spread. There is a USD10 (or its equivalent) per standard lot commission charged for ECN spread.

Trading Platform Available

Fame Markets provides clients with access to the worlds financial markets through the MetaTrader 4 (MT4) platform which is used by millions of traders around the globe.

Deposit & Withdrawal

Fame Markets has only cryptocurrency as payment method. The minimum amount per transaction is 100USD. For deposits & withdrawals via Cryptocurrency, there will be a 2-4% exchange rate fee.

Trading Hours

The trading times at Fame Markets depend on the specific market. The forex market, for example, opens Monday 00:00 and closes Friday 24:00. The trading hours for Crypto CFDs will be available from Monday 00:00 - Friday 23:55 (GMT+3) only.

Accepted Countries

Currently Fame Markets does not accept customers from Cuba, Sudan, Syria and North Korea. Fame Markets subscribes to the rules of FX regulated jurisdictions such as Hong Kong, Japan and United Kingdom accordingly, does not accept solicited clients from these countries.

Customer Support

If clients have any questions or concerns, please email at support@famemarkets.com for consultation.

Broker Information

Company Name

Fame Markets LLC

Company Abbreviation

Fame Markets

Regulatory Status

No Regulation

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Phone of the company

  • +1784 4856124

  • +60 355246997

Twitter

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Facebook

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Instagram

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YouTube

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Company address

  • Euro House, Richmond Hill Road Kingstown, P.O Box 2897, VC0100, St Vincent and the Grenadines.

  • No 64, Jalan Badminton 13/19, Persiaran Sukan, Seksyen 13, 40000, Shah Alam, Selangor,Malaysia.

Linkedin

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WhatsApp

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QQ

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WeChat

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Customer Service Email Address

  • support@famemarkets.com

Company summary

User Reviews

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欢乐马77776
more than one year
My friend Jonny recommended this to me. Fame Markets’ demo account indeed gave me a good impression, spreads as low as 0.3 pips, leverage up to 1:500, but what make me stop to open a real one is that this broker is actually not regulated by any authority, unsafe to trade with.
2022-12-05 17:09
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FX1082756141
more than one year
Their website advertises that they offer a 100% deposit bonus and it’s withdrawable. I’ll tell you they are telling lies. It's fake! I can't withdraw my bonus at all. They will just refuse my withdrawals for any number of reasons and make me quit. Don’t be greedy for small bargains!
2022-12-05 15:59
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