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/10

FA Markets

United States|5-10 years|
Suspicious Regulatory License|White label MT4|The server is only located in China.|Suspicious Overrun|High potential risk|

http://www.famarkets.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
FinanceAll-Demo MT4
Server Location China

Contact

4009989808
support@financeall.co
http://www.famarkets.com/

Licenses

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

Single Core

1G

40G

Open Now

Contact number

Chinese (Simplified)

4009989808

Broker Information

More

Company Name

FINANCE ALL LIMITED

Company Abbreviation

FA Markets

Platform registered country and region

United States

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-04-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United StatesNFA regulation (license number: 0507344) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

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FA Markets · Company Summary

Note: Regrettably, the official website of FA Markets, namely http://www.famarkets.com/, is currently experiencing functionality issues.

FA Markets Review Summary
Registered Country/Region United States
Regulation NFA (Suspicious Clone)
Market Instruments N/A
Demo Account N/A
Leverage N/A
EUR/ USD Spread N/A
Trading Platforms MT4
Minimum Deposit N/A
Customer Support Phone and email

What is FA Markets?

FA Markets is a brokerage firm registered in the United States. However, this broker is suspected of using a cloned NFA regulation. In addition, the inaccessibility of their official website also adds to the concerns regarding the reliability of their trading platform. For customer support, you can reach out to FA Markets through their customer service line using the telephone number 4009989808. Alternatively, you can also contact them via email at support@financeall.co.

FA Markets' homepage

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros Cons
  • MT4 supported
  • NFA (Suspicious Clone)
  • Inaccessible website
  • Unclear Trading Conditions (spreads, commissions, swaps, accounts, funding methods)
  • Higher risks

Pros of FA Markets:

- MT4 Supported: FA Markets offers support for the popular trading platform MetaTrader 4 (MT4), which is widely used and appreciated by traders for its advanced charting capabilities, technical analysis tools, and automated trading features.

Cons of FA Markets:

- NFA (Suspicious Clone): FA Markets is suspected of using a cloned National Futures Association (NFA) regulation, which raises concerns about the legitimacy and regulatory compliance of the broker. This poses potential risks for investors.

- Inaccessible Website: The inaccessibility of FA Markets' official website is a red flag, as it raises doubts about the transparency and reliability of the broker's operations. This adds to the overall risk associated with investing with them.

- Unclear Trading Conditions: FA Markets lacks transparency when it comes to providing information about trading conditions such as spreads, commissions, swaps, types of accounts, and funding methods. This can make it difficult for potential investors to assess the cost and suitability of trading with FA Markets.

- Higher Risks: Considering the suspicious nature of their regulation, the inaccessibility of their website, and the lack of clear trading conditions, investing with FA Markets may involve higher risks compared to other regulated and transparent brokers.

Is FA Markets Safe or Scam?

This broker is suspected of using a cloned National Futures Association (NFA) regulation (License Type: Common Financial Service License, License number: 0507344). Investors should be cautious due to the potential risks associated with this situation. Additionally, the inaccessibility of their official website raises concerns about the reliability of their trading platform, further contributing to the elevated risk of investing with FA Markets.

Before deciding whether to invest with FA Markets, it is crucial to conduct thorough research and carefully evaluate the potential risks against the potential rewards.

Trading Platforms

FA Markets offers the popular MetaTrader 4 (MT4) as its trading platform for its clients. MT4 is a widely recognized and widely used platform in the financial industry, known for its advanced features and user-friendly interface.

The platform provides a comprehensive range of trading tools and functionalities to cater to the needs of both novice and experienced traders. It offers real-time market quotes, allowing traders to stay updated with the latest market prices. The charts and technical analysis tools integrated into MT4 assist traders in making informed trading decisions.

MT4 also supports multiple order types, including market orders, limit orders, stop orders, and trailing stops. Traders can easily monitor their open positions, set stop-loss and take-profit levels, and modify orders in real-time. The platform's user-friendly interface allows for seamless navigation between different windows and functionalities.

MT4

Customer Service

Customers can get in touch with customer service line using the information provided below:

Telephone: 4009989808

Email: support@financeall.co

Conclusion

In conclusion, based on the information above, FA Markets raises several concerns regarding its legitimacy and transparency. They are suspected of using a cloned NFA regulation and their inaccessible website indicate potential red flags. Additionally, the lack of information on trading conditions adds to the uncertainty. Considering these concerns, clients exercise caution before investing with FA Markets.

Frequently Asked Questions (FAQs)

Q 1: Is FA Markets regulated by any financial authority?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at FA Markets?
A 2: You can contact via telephone: 4009989808 and email: support@financeall.co.
Q 3: What platform does FA Markets offer?
A 3: It offers MT4.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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FX1596295300
more than one year
Withdrawal process is terrible at FA Markets. Be cautious when depositing, as losing your card could lead to difficulties. If it goes missing, you risk losing all your balance, and they seem quite pleased about it – as the money ends up in their pockets.
2024-01-11 20:23
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