Score

1.54 /10
Danger

DuxMarket

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 8

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.22

Risk Management Index0.00

Software Index4.00

License Index0.00

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

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Broker Information

More

Company Name

DUX Holding Group Limited

Company Abbreviation

DuxMarket

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2025-05-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
Expose
DuxMarket · Company summary

Note: DuxMarket's official site - http://www.duxmarket.com/en is currently not functional.

DuxMarketReview Summary
Founded2019
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, Precious metals, Crude oil, Indices
Demo Account
LeverageUp to 1:400
Spread1.6 pips
Trading PlatformMT4
Min Deposit$500
Customer SupportPhone: (784) 456-2577
Email: service@duxmarkets.com

DuxMarket is headquartered in London. Their products cover the entire financial investment field and provide online trading of diversified global financial products such as forex, precious metals, crude oil, and indices through the leading MT4 platform.

Pros & Cons

ProsCons
Variety of financial instrumentsUnregulated
Demo accounts availableUnavailable website
Lack of transparency
Reports of withdrawal issues
Limited account options

Is DuxMarket Legit?

DuxMarket operates without regulatory oversight. Therefore, traders should exercise caution and consider alternative regulated brokers that provide a more secure trading environment.

No license

What Can I Trade on DuxMarket?

Trading AssetAvailable
forex
metals
commodities
indices
crude oil
stocks
cryptocurrencies
options
funds
ETFs

Account Type

Apart from demo accounts, DuxMarket only offers a single account type known as the Ordinary account. This account type requires a minimum deposit of $500 to get started.

Leverage

DuxMarket provides its clients with leverage of up to 1:400, which allows traders to control a larger position in the market with a smaller amount of capital.

Spreads & Commissions

DuxMarket offers spreads starting from 1.6 pips and information about commissions is not specifed.

Trading Platforms

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, Mobile, WebExperienced traders
MT4Desktop, Mobile, WebBeginners
Trading ViewDesktop, Mobile, Tablets, WebBeginners

Deposits & Withdrawals

DuxMarket accepts deposits and withdrawals via some popular methods, including Visa, MasterCard, Skrill, and NETELLER.

User Reviews

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User comment

4

Comments

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慧优体
more than one year
I am a trader for 3 years, but recently I learned a lesson from DuxMarkets. They scammed me by manipulating spreads, and they told me it was due to volatile markets. I lost roughly $1300 here, funny!
I am a trader for 3 years, but recently I learned a lesson from DuxMarkets. They scammed me by manipulating spreads, and they told me it was due to volatile markets. I lost roughly $1300 here, funny!
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2022-12-19 12:30
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梦中的想法
more than one year
一年前我入金該平臺1000美金,但入金後不久, 賬戶就進不去了,聯系賬戶經理也聯系不上, 然後官網也打不開了。 我白白損失了1000美金,這個平臺也徹底消失了。
一年前我入金該平臺1000美金,但入金後不久, 賬戶就進不去了,聯系賬戶經理也聯系不上, 然後官網也打不開了。 我白白損失了1000美金,這個平臺也徹底消失了。
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2022-12-13 10:23
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