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Score

0 1 2 3 4 5 6 7 8 9
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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

FAIR MARKETS

Australia Australia | 10-15 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://fair.markets/

Website

Rating Index

Regulation 2.69 Tech 4.70 Reputation 3.81 Business 7.67 Risk Control 1.60
1.65

Influence

Influence

D

Influence Index NO.1

United States United States 2.68
Surpassed 16.50% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+61 2 9510 0073
https://fair.markets/
Level 26, 1 Bligh St, Sydney NSW 2000, Australia
The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Company Profile 4
10-15 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk
弃我而去

弃我而去

Unverified

Hong Kong

I heard from a friend that there is a 100 bonus for answering questions on this platform, so I immediately registered and participated in the answering activity of "Learning to Get Rich". I registered on August 17, 2023, and have not been reviewed since then. The activity was canceled suddenly during the review period, and it took 5 days to complete the review. The bonus was not given, so I sent an email saying that the event will end on the 16th. Then I am speechless, when I registered at 17, the homepage clearly showed this event. Isn't this a fraud? Don't go to this kind of untrustworthy platform. I registered for nothing and used my ID card and driver's license. I don't know if this kind of unscrupulous platform will be used to do bad things. Resolutely expose that there should be a "Learn to Get Rich" answering activity in the lower column of their interface, and it will be canceled at any time, and it will be handled without a trace.

ojbk110

ojbk110

Unverified

Hong Kong

Withdrawal of 50,000 US dollars will charge me a channel fee of 900 US dollars. Funding was also delayed by a month. I don't know why the channel fee is so expensive.

828

828

Unverified

Hong Kong

Now the scammer's TikTok account is still active. I hope everyone will not be tricked again! These two are members of the scam gang, everyone pay attention!

jj6935

jj6935

Unverified

Hong Kong

Account 63120265 has been frozen and cannot be withdrawn. Now the platform has been closed. Wang Tiancheng, Qiao Feng, Manager He has no news.

jj6935

jj6935

Unverified

Hong Kong

Unable to withdraw, the fraud gang headed by Wang Tiancheng, Jun, Qiao Feng, Manager He, and Zhou Ziyang deceived people into making stock index gold, using so-called large funds and small positions to operate for people's full positions, constantly deceiving and misleading people into virtual trading. In the end, for various reasons, the US dollar will not be certified and will not be withdrawn from account.

随心1431

随心1431

Unverified

Hong Kong

Unable to withdraw money from my account, unable to log in to 63120232, only after recharging to improve score can the money be given out, unfreezing, unreasonable.

随心1431

随心1431

Unverified

Hong Kong

There was a woman who added friends on QQ and asked me to download WeChat after a while, and they pulled me into a group. At the beginning, I recommended individual stocks, and slowly they induced me to do international markets, indexes, and gold. I asked Manager He to open an international account. I opened it on May 30. Qiao and Wang in the group took everyone to buy up and down, and said that on June would be profitable. After doubling back, I transferred a total of 379,500 yuan to the account designated by Manager He. Due to loss, I didn’t want to do and plan to withdrawal my money on June 20th. I found that I couldn’t withdraw it. He said that the score of mine was insufficient and I needed to recharge to improve the score. I found out that it was a scam, and now I only ask for a refund of my money of 379,500 yuan, hoping to solve it!

ojbk110

ojbk110

Unverified

Hong Kong

My money was withdrawn from June 26, 2023 to July 3, but it still hasn't arrived. The salesman didn't respond, just said to wait for company to deal with it.

22
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模块说明(前端未翻译)

  • Ireland fairmarketscn.com
    54.195.102.99
  • Ireland fairmarketsvn.com
    34.248.148.164
  • United States fair.markets
    104.26.13.23
  • United States ilq.com
    38.65.3.69

Company Profile

Company Profile

Review summary

FAIR MARKETS Review Summary
Founded2012
Registered Country/RegionAustralia
RegulationASIC (Suspicious Clone)
Market InstrumentsForex (36 pairs), Commodities (gold, silver, oil), Cryptos, CFDs, Indices, Stocks
Demo Account
Leverage (forex)Up to 30:1
SpreadFrom 0.6 pips (Standard account)
Trading PlatformMetaTrader 4 (MT4), MetaTrader 5 (MT5), Webtrader4, Webtrader5
Minimum Deposit0
Customer SupportPhone: +61 2 9510 0073
Email: support@fair.markets
Address: Level 26, 1 Bligh St, Sydney NSW 2000

FAIR MARKETS Information

FAIR MARKETS, which was founded in 2012 and claims to be licensed in Australia, operates under suspicious cloned ASIC license. The broker provides a diverse selection of trading assets, including forex, indices, commodities, equities, and cryptocurrencies, through MT4, MT5, and online platforms, with both Aussie Premium and Standard accounts available, as well as demo accounts for practice.

FAIR MARKETS' homepage

Pros and Cons

ProsCons
Offers both MT4 and MT5 platformsSuspiciously cloned ASIC license
Tight spreads on Aussie Premium accountNo Islamic (swap-free) accounts
Supports multiple account types
No minimum deposit
No deposit/withdrawal fees

Is FAIR MARKETS Legit?

FAIR MARKETS holds a suspicious cloned license. FAIR MARKETS claims to be regulated by Australia Securities & Investment Commission (ASIC), but the official license with the number 000424122 belongs to TRIVE FINANCIAL SERVICES AUSTRALIA PTY LTD, not FAIR MARKET.

Regulatory LicenseAustralia Securities & Investment Commission (ASIC)
Regulatory Status Suspicious clone
Regulated byAustralia
Licensed InstitutionTRIVE FINANCIAL SERVICES AUSTRALIA PTY LTD
Licensed TypeMarket Maker (MM)
Licensed Number000424122
Suspicious clone ASIC license

What Can I Trade on FAIR MARKETS?

FairMarkets provides access to a wide range of goods, including forex (36 currency pairs), key global indexes, commodities (such as gold, silver, and oil), stocks, and cryptocurrencies, allowing traders to diversify their portfolios across asset classes.

Tradable InstrumentsSupported
Forex
Commodities
Cryptos
CFDs
Indices
Stocks
Bonds
Options
ETFs
What Can I Trade on FAIR MARKETS?

Account Type

FairMarkets offers two types of live trading accounts to fulfill diverse trader needs. Both accounts provide free market data, support algo and EA trading, require no minimum deposit, and have negative balance protection. FairMarkets also provides demo accounts for traders to practice, however there is no clear indication of Islamic (swap-free) account availability.

Account TypeMinimum DepositSpreadCommissionSuitable for
Aussie Premium0From 0.0 pips$1 per sideExperienced or professional traders focused on Australian markets
StandardFrom 0.6 pips0Beginners or casual traders wanting zero-commission trading
Account comparison

Leverage

FairMarkets provides leverage in accordance with ASIC regulation limitations, including up to 30:1 for major forex pairs, 20:1 for minor pairs, gold, and major indices, 10:1 for commodities (except gold) and minor indices, 5:1 for stocks, and 2:1 for crypto CFDs. While greater leverage might boost prospective profits, it also raises the danger of loss.

Asset ClassMaximum Leverage
Major forex pairs30:1
Minor forex pairs20:1
Gold
Major indices
Commodities (except gold)10:1
Minor indices
Stocks2:1
Crypto CFDs
Leverage

FAIR MARKETS Fees

FAIR MARKETS' total fees are lower than industry standards, with tight spreads on its Aussie Premium account (starting at 0.0 pips + $1 commission) and no-commission trading on its Standard account (spreads beginning at 0.6 pips).

Account TypeSpread Commission
Aussie PremiumFrom 0.0 pips$1 per side (on select AUD crosses, oil, gold, silver, ASX 200)
StandardFrom 0.6 pips0

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MetaTrader 4 (MT4)Windows, macOS, iOS, Android, WebBeginners
MetaTrader 5 (MT5)Windows, macOS, iOS, Android, WebExperienced traders
Webtrader4WebTraders prefer no software download (MT4)
Webtrader5WebTraders prefer no software download (MT5)

Deposit and Withdrawal

FAIR MARKETS does not impose any deposit or withdrawal fees. The minimum deposit varies by method, however credit cards often have a modest minimum.

Deposit Options

Deposit MethodDeposit FeesDeposit Time
Credit Card0Instant
Bank TransferLonger (depends on bank)
E-Wallet (Skrill)Fast (depends on provider)

Withdrawal Options

Withdrawal MethodWithdrawal FeesWithdrawal Time
Credit Card0Funds returned to the same card used for deposit
Bank TransferSame method as deposit, time depends on bank
Payment options

Company Profile

  • 10-15 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

News

Uncovering! The Real Problems with "Fair Markets"

Exposure Uncovering! The Real Problems with "Fair Markets"

User reviews are powerful proof; they expose the real story. These insights come straight from people who’ve actually used the service, not just flashy promises. We’ve gathered authentic feedback from real Fair Markets users to uncover what’s truly happening behind the scenes and give you a clearer picture, so you can make a smarter, more confident decision.

Wiki Q&A

Is FAIR MARKETS safe and reliable?

Based on a holistic assessment, FAIR MARKETS presents a high-risk profile for traders. Its WikiFX score of 1.64 indicates a significant level of concern. A critical factor is the broker's regulatory status; its listed ASIC license is flagged as 'Unverified', meaning it lacks credible, authoritative oversight that provides standard investor protections. The combination of this unverified status and the presence of substantial user complaints related to fund access contributes to an unfavorable safety assessment.

04-13
United States

Is FAIR MARKETS regulated?

FAIR MARKETS is not considered a regulated broker under standard financial authority definitions. According to WikiFX data, it holds an ASIC Market Making License (MM), but this license is explicitly marked as 'Unverified'. An unverified license does not constitute a valid regulatory authorization. Therefore, the broker operates without verifiable regulatory oversight, which means standard consumer protection mechanisms are not in place.

04-13
United States

What is the minimum deposit of FAIR MARKETS?

The minimum deposit requirement at FAIR MARKETS varies by account type. For its STANDARD and RAW 0 accounts, there is no specified minimum deposit, suggesting a potentially low entry barrier. The VIP account requires a $5000 minimum deposit. The low or unspecified minimums should be evaluated in the context of the broker's overall high-risk profile.

04-13
United States

Does FAIR MARKETS support MT4 or MT5?

The available information does not explicitly specify which trading platforms FAIR MARKETS supports. A reliable trading platform is a key operational element, and the absence of clear public disclosure on this matter is a point traders should investigate directly with the broker before engaging.

04-13
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com