Dollars Markets Review: SC Malaysia Alert and the Withdrawal Complaints Behind a 1.48 Score

Dollars Markets is a Mauritius-registered broker operating since 2020. It offers FX, metals, indices, crypto, shares, energy and ETFs on MT4 and MT5, with leverage up to 1:3000 and a low minimum deposit. The menu is broad, but the regulatory record tells a different story.

WikiFX shows a score of 1.48, and the Securities Commission Malaysia (SCM) has placed the broker on its Investor Alert List, citing unlicensed capital market activities in dealing in securities and derivatives.

WikiFX Dealer Page

Contents

01

Regulation and the SCM Investor Alert

02

What You Can Trade and the Account Setup

03

Withdrawal Complaints

04

Final Thoughts

Regulation and the SCM Investor Alert

Dollars Markets describes itself as offshore-regulated, with a Mauritius address and a retail forex licence from the Mauritius Financial Services Commission. Offshore licences are real but carry weaker protection than full regulation, and this one sits behind a more serious flag.

The Securities Commission Malaysia (SCM) lists the broker on its Investor Alert List for carrying on unlicensed capital market activities; the alert dates to 2021. For Malaysian traders this is the key item to verify, as the broker's own profile lists Malaysia and Indonesia among regions it says it does not serve.

What You Can Trade and the Account Setup

The broker supports MT4 and MT5 plus automated (EA) trading, with a Standard account from $15 and a Plus account from $50, covering FX, metals, indices, crypto, stocks, energy and ETFs. The wide menu and low deposit are the attractions, but they do not offset the regulatory warning.

Withdrawal Complaints

The most repeated pattern across user reports is withdrawal-related. One Indonesian trader said early withdrawals arrived in under an hour, then a withdrawal was declined without explanation, an account review dragged on, and switching to a USDT wallet put the account under review again, leaving the trader waiting roughly two months.

Screenshot submitted by the user with the complaint (2024-11)

A Malaysian user wrote that Dollars Markets refused a withdrawal and blocked the account without reason. Other reports describe withdrawals approved but funds never arriving, accounts frozen under “review,” and profits removed while only part of the principal is returned. These are attributed user claims, but the pattern matches the low score.

Final Thoughts

The SCM warning, a 1.48 WikiFX score and a consistent pattern of withdrawal complaints together make Dollars Markets a high-risk name. Its offshore Mauritius licence exists, but it does not change the alert, and the complaints concentrate on the part of trading that matters most: getting your money back.

Before depositing, verify the broker's current regulatory status and any new alerts, and if you proceed, start small and test a full withdrawal early. Check Dollars Markets' live score and latest complaints on the WikiFX App.