Score

3.88 /10
Danger

Dollars Markets

Mauritius

5-10 years

Regulated in Mauritius

Retail Forex License

MT4 Full License

Global Business

High potential risk

Offshore Regulated

C

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Comparison

Quantity 18

Exposure

Open Account
Website

Score

Regulatory Index4.62

Business Index6.97

Risk Management Index0.00

Software Index9.85

License Index2.49

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

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

Single Core

1G

40G

open now

Regulatory disclosure

Danger

MY SCM
2021-01-01
INVESTOR ALERT LIST
Dollars Markets

Broker Information

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Company Name

Dollar Markets Ltd

Company Abbreviation

Dollars Markets

Platform registered country and region

Mauritius

Company website

X

Facebook

Instagram

YouTube

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2025-04-30
  • The number of the complaints received by WikiFX have reached 17 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
Dollars Markets · Company summary
Dollars MarketsReview Summary
Founded2020
Registered Country/RegionMauritius
RegulationOffshore regulated
Market InstrumentsCurrency Pairs, Precious Metals , Indicies ,Cryptocurrencies, Shares, Energy, ETFs
Demo Account
LeverageUp to 1:3000
SpreadFrom 0.02 pips
Trading PlatformMT4/MT5
Min Deposit$10
Customer SupportInstagram, facebook, X, Tiktok, Youtube, Bloomberg
24/5 customer support
Contact form
Regional RestrictionsUS, Afghanistan, Bosnia and Herzegovina, Democratic People's Republic of Korea (DPRK), Guyana, Iran, Iraq, Lao People's Democratic Republic, Myanmar, Papua New Guinea, Syria, Uganda, Vanuatu, Yemen, Malaysia and Indonesia clients are not allowed

Dollars Markets Information

Dollars Markets is an offshore regulated broker, offering trading on currency pairs, precious metals, indicies, cryptocurrencies, shares, energy and ETFs with leverage up to 1:3000 and spread from 0.02 pips on MT4/MT5 trading platform. The minimum deposit requirement is $10.

Dollars Markets Information

Pros and Cons

Pros Cons
Tight spreadsNo contact Tel or email
Various trading productsOffshore regulation
MT4/MT5 platformNo demo accounts
Low minimum deposit requirement

Is Dollars Markets Legit?

It is registered in Mauritius. It has offshore regulations currently.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
The Financial Services CommissionOffshore regulated DOLLARS MARKETS LTDRetail Forex LicenseGB21026297
Is Dollars Markets Legit?

What Can I Trade on Dollars Markets?

Tradable Instruments Supported
Currency Pairs
Precious Metals
Indicies
Cryptocurrencies
Shares
Energy
ETFs
Bonds

Account Type

Here are three account types Dollars Markets offers:

Account TypeMin Deposit
Standard $10
Pro $10
Ultra $50
Account Type
Account Type
Account Type
Account Type
Account Type

Leverage

The broker offers max leverage at 1:3000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

Leverage

Dollars Markets Fees

Trading Fees

Account TypeCommission Swaps
Standard 00
Pro 00
Ultra 4% On FX & Metals0

Dollars Markets Spreads

Dollars Markets offers spreads from 0.02 pips.

Dollars Markets Fees

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4/Beginners
MT5/Experienced trader
Trading Platform

Deposit and Withdrawal

The broker accepts payments via bank wire, cryptocurrency, Mastercard and Visa.

Deposit Options

Deposit Options Min. DepositFixed RateProcessing Time
Instant Bank Transfers$15.00Available1-5 Minutes
Cryptocurrency$100.00Available10-45 Minutes
Mastercard$5.00No5-10 Minutes
Visa$5.00No5-10 Minutes
Deposit and Withdrawal

Withdrawal Options

Withdrawal Options Min. Withdrawal Fixed RateProcessing Time
Instant Bank Transfers$15.00Available1-3 Business Day
Deposit and Withdrawal

News

NewsDollars Markets Wins Prestigious "Best Trade Execution – Global" Award at Global Forex Awards 2024

26/9/2024 – Dollars Markets is proud to announce that we have been awarded the coveted “Best Trade Execution – Global” accolade at the Global Forex Awards 2024 in the Retail category. This prestigious

WikiFX
2024-09-26 17:25
Dollars Markets Wins Prestigious "Best Trade Execution – Global" Award at Global Forex Awards 2024

NewsDollars Markets Introduces New Forex Branding Leadership

Dollars Markets rebrands with a new logo and enhanced identity, emphasizing innovation, transparency, and exceptional trading experiences for all clients.

WikiFX
2024-07-23 17:55
Dollars Markets Introduces New Forex Branding Leadership

NewsDollars Markets Unveils a Bold New Look

Dollars Markets Announces Rebranding with New Logo and Enhanced Brand IdentityDollars Markets, a leader in the forex trading industry, is excited to announce its rebranding initiative. This transforma

WikiFX
2024-07-08 15:49
Dollars Markets Unveils a Bold New Look

NewsBank of England Maintains Rates, Warns of Economy

The quarterly meeting of the Financial Policy Committee (FPC) of the Bank of England (BoE) took place on Tuesday, with a focus on highlighting the strength of Britain's economy despite challenging risks and limited growth expectations in the near term. Despite some members of the committee advocating for an increase in the counter-cyclical capital buffer (CCyB) from 2% to enhance banks' ability to withstand low loan losses, the decision was made to maintain the CCyB at its current level. However, the committee remains flexible and ready to modify the rate depending on future economic and financial fluctuations.

WikiFX
2023-10-19 11:09
Bank of England Maintains Rates, Warns of Economy

NewsBank of England Maintains Rates, Warns of Economy

The quarterly meeting of the Financial Policy Committee (FPC) of the Bank of England (BoE) took place on Tuesday, with a focus on highlighting the strength of Britain's economy despite challenging risks and limited growth expectations in the near term.

WikiFX
2023-10-19 10:25
Bank of England Maintains Rates, Warns of Economy

NewsWikiFX Reviews Dollars Markets in Depth

In this article, we'll examine Dollars Markets' key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service.

WikiFX
2023-09-26 17:45
WikiFX Reviews Dollars Markets in Depth

NewsCan We Trust Dollars Markets??

In today's comprehensive review, WikiFX will delve into the details of Dollars Markets, examining its features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service to help you decide whether to use this platform. Keep reading to find out more!

WikiFX
2023-08-14 18:20
Can We Trust Dollars Markets??

NewsCurb use of dollar Libor alternatives to Fed rate, says watchdog

On Monday, a global securities watchdog highlighted the necessity for imposing limitations on the utilization of four dollar-denominated alternatives to the recently abolished Libor interest rate. The objective behind these restrictions is to safeguard financial stability rather than introducing a potential menace to the global financial landscape.

WikiFX
2023-07-06 17:55
Curb use of dollar Libor alternatives to Fed rate, says watchdog

User Reviews

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User comment

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Comments

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mr sinar
more than one year
dollar market some like scammer i always got mc using this broker becarefull , better dont use this broker.
dollar market some like scammer i always got mc using this broker becarefull , better dont use this broker.
Translate to English
2022-12-14 23:45
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kin8028
more than one year
This company have trading rules they set for CFDs market for who trade in CFDs. There's some rules that we need to follow and you can ask for the trading rules from their support. For who have been blocked or banned by the broker can refer back to why such act been taken.
This company have trading rules they set for CFDs market for who trade in CFDs. There's some rules that we need to follow and you can ask for the trading rules from their support. For who have been blocked or banned by the broker can refer back to why such act been taken.
Translate to English
2022-10-24 02:31
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0
0
18