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    Dollars Markets

    1-2 years
    |
    Suspicious Regulatory License
    |
    MT4/5 full license
    |
    Global Business

    Rating

    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9

     /10

    License Index

    0.00

    Business Index

    4.89

    Risk Management Index

    0.00

    Software Index

    7.62

    Regulatory Index

    0.00

    Licenses

    No valid regulatory information
    Please be aware of the risk!

    Overview

    • Company Name:

      Dollar Markets Ltd
    • Company Abbreviation:

      Dollars Markets
    • Place of registration:

      Dollars MarketsSaint Vincent and the Grenadines
    • Regulatory Status:

      No Regulatory
    • Customer Service Email Address:

      support@dollarsmarkets.com
    • Customer Service Phone Number:

      +441253670727
    • Company summary

      BasicInformation&RegulationDollarMarketsisaSt.VincentandtheGrenadinesregisteredonlineForexandCFDbrokerandisnotcurrentlysubjecttoactiveregulation.SafetyAnalysisofDollarMarketsDollarMarketsiscurrentlyanunregulatedbroker,whichmeansthatthesafetyofinvestors'fundsisnoteffectivelyprotected.InvestorsshouldchoosebrokersthattheFCAregulatesintheUKandCySECinCyprus.MarketInstrumentsInvestorscantradeForexcurrencypairs,commodities,indices,andcryptocurrenciesontheDollarMarketsplatform.Accounts&LeverageofDollarMarketsDollarMarketshastwodifferenttradingaccounts,astandardaccount(minimumdepositof$15)andanECNaccount(minimumdepositof$2,000),andthemaximumleverageDollarMarketsclaimstoofferinvestorsis1:1,000,whichismuchhigherthannormalandmeanshigherrisk.Spreads&CommissionsofDollarMarketsDollarMarkets'officialwebsiteonlyshowsthespreadsforsomecryptocurrencies,suchasBitcoinUSDwithaminimumspreadof-17.53pips,EtherUSDwithaminimumspreadof-673.972pips,andLitecoinUSDwithaminimumspreadof-6.39pips.Additionally,thespreadsforotherfinancialinstrumentsarenotprovided.TradingPlatformsAvailableofDollarMarketsDollarMarketsofferstradersthepopularandpowerfulMT4tradingplatform,whichisthepreferredchoiceofmosttradersworldwidewhentradingForex,withpowerfulchartingtools,alargenumberofcustomtechnicalindicators,andsupportforautomatedandrobotictradingfortradersofalllevels.DepositandWithdrawalDollarMarketssupportstraderstodepositandwithdrawfundstotheirinvestmentaccountsviainstantbanktransfer,VISAcreditcard,NETELLER,Skrill.Pros&ConsofDollarMarketsThemainadvantagesofdollarmarketsare:1.Twotypesofaccountsavailable2.MT4tradingplatformThemaindisadvantagesofdollarmarketsare:1.Noregulation2.Excessiveleveragesettings(risky)3.Incompleteinformationontheofficialwebsite About More
    Pyramid scheme complaint

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    Warning: Low score, please stay away!

    Previous Detection: 2021.08.01 Risk: 1 Item

    • It has been verified that this broker currently has no valid regulatory, please be aware of the risk!

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    Last Updated Time 2021-08

    Dollars Markets · MT4/5

    Identification Result

      Dollars Markets · Website

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          Dollars Markets· Genealogy

          Dollars Markets · Clones

          Dollars Markets · Market Analysis

          The data are from WIKI Research    2021.08.01 updated

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          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          Dollars Markets
          * Contact number
          0086
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          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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          Dollars Markets · Company summary

            Basic Information & Regulation

            Dollar Markets is a St. Vincent and the Grenadines registered online Forex and CFD broker and is not currently subject to active regulation.

            Safety Analysis of Dollar Markets

            Dollar Markets is currently an unregulated broker, which means that the safety of investors' funds is not effectively protected. Investors should choose brokers that the FCA regulates in the UK and CySEC in Cyprus.

            Market Instruments

            Investors can trade Forex currency pairs, commodities, indices, and cryptocurrencies on the Dollar Markets platform.

            Accounts & Leverage of Dollar Markets

            Dollar Markets has two different trading accounts, a standard account (minimum deposit of $15) and an ECN account (minimum deposit of $2,000), and the maximum leverage Dollar Markets claims to offer investors is 1:1,000, which is much higher than normal and means higher risk.

            Spreads & Commissions of Dollar Markets

            Dollar Markets' official website only shows the spreads for some cryptocurrencies, such as Bitcoin USD with a minimum spread of -17.53 pips, Ether USD with a minimum spread of -673.972 pips, and Litecoin USD with a minimum spread of -6.39 pips. Additionally, the spreads for other financial instruments are not provided.

            Trading Platforms Available of Dollar Markets

            Dollar Markets offers traders the popular and powerful MT4 trading platform, which is the preferred choice of most traders worldwide when trading Forex, with powerful charting tools, a large number of custom technical indicators, and support for automated and robotic trading for traders of all levels.

            Deposit and Withdrawal

            Dollar Markets supports traders to deposit and withdraw funds to their investment accounts via instant bank transfer, VISA credit card, NETELLER, Skrill.

            Pros & Cons of Dollar Markets

            The main advantages of dollar markets are:

            1. Two types of accounts available

            2. MT4 trading platform

            The main disadvantages of dollar markets are:

            1. No regulation

            2. Excessive leverage settings (risky)

            3. Incomplete information on the official website


          Risk Warning

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          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.