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Market10 Review: Check Out the Latest Fund Scam Allegations Against the Broker

WikiFX | 2026-01-20 14:34

Abstract:Have you lost funds using weak signals from Market10, a South Africa-based forex broker? Has the forex broker deliberately deducted profits from your forex trading account balance? Does the broker constantly delay your fund withdrawals? Did Market10 officials continuously call you to start investing with it and remain silent on your withdrawal requests? You are not alone! Many traders have reported these trading experiences on broker review platforms. We have shared some of their experiences in this Market10 review article. Read on to know the same.

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Have you lost funds using weak signals from Market10, a South Africa-based forex broker? Has the forex broker deliberately deducted profits from your forex trading account balance? Does the broker constantly delay your fund withdrawals? Did Market10 officials continuously call you to start investing with it and remain silent on your withdrawal requests? You are not alone! Many traders have reported these trading experiences on broker review platforms. We have shared some of their experiences in this Market10 review article. Read on to know the same.

Checking the Top Forex Trading Complaints Against Market10

Investigating the Loss Caused by Weak Forex Signals

A user reported a harrowing financial incident about her husband losing significant capital on the Market10 platform. The broker executive made the trader open the trading account guaranteed for failure. The gold and silver trading was reported to be a massive failure, causing significant losses to the trader. As if it was not enough, the broker officials contacted the trader, gave him fake promises, and made him trade using weak forex signals. Despite using trading strategies, the trader was sure to lose funds. And it happened that way, as per the complaint. Not happy with her husband losing all his funds, the user reported the entire incident through this long Market10 review.

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A Painful Recount of Fund Loss on the Market10 Platform

A trader reported having a fund balance of $9,000 on Dec 16, 2025. As per the trader‘s admission, the balance included a deposit and profit worth $3,650 and more than $3,000, respectively. The trader tried to withdraw $3,000 but could not do it successfully. Subsequently, the trader contacted the account manager, who after checking the overall scenario, advised the trader to cancel his withdrawal request since there was a bonus in his account. The trader did it and further accepted the manager’s request to open buy and sell trades concerning palladium to balance out. However, nothing worked out for the trader as the account balance became negative.

Subsequently, the trader could not contact anyone. After some days, a new manager reportedly called the trader and assured him of recovering his funds if he deposited $1000. The trader did not fall for it and vowed not to invest a single penny.

Check out the entire trading incident through this explosive Market10 review.

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The Illegitimate Balance Deduction Complaint Against Market10

A United Arab Emirates (UAE)-based trader recently reported about a sudden account balance deduction by Market10. While sharing the Market10 review online, the trader reported the actual fund balance of $1000 turning to $825 suddenly. After withdrawing $600, the balance, instead of $225, showed $49.43 on the Market10 login. Here is the full review of this trading experience.

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Fund Scam & Regulatory Scare Narration

A trader recently highlighted how Market10 drained his funds to an extent that he had to borrow from people. Despite contacting many broker officials, the trader could only hear empty promises and no execution by the team. As the trader researched, he could not find it to be a registered entity under the FCA. The trader could not find real licenses for the broker. Further, the trader alleged that none of the company officials operate with real names, spelling out warnings for prospective traders. Check out the Market10 review the trader shared online.

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Deposit Vanished After Two Weeks, The Trader Alleged

It started with the trader claiming to have deposited $250 on the Market10 trading platform. The trader witnessed an unsuccessful experience when withdrawing funds from the forex trading account. As the deposit period touched two weeks, the fund balance vanished, prompting the trader to share this negative Market10 review.

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Withdrawal Denials Based on a Minimum Trading Volume Requirement

A Kuwait-based trader, as per the complaint, had a good experience initially by witnessing profits. As the trader looked to withdraw funds, the broker denied by stipulating the minimum trading volume requirement before him. This rule allegedly took the trader by surprise, as, according to him, there is no broker that can block deposits and withdrawals using such fake conditions. The trader, while sharing the Market10 review, revealed that the broker allegedly lures users by showing fake profits on the screen and preventing them from accessing withdrawals. Below is a screenshot where you can check the traders complaint.

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The Review of Market10 by WikiFX: Regulation & Score Update

The complaints against Market10 showed the broker in bad light and called for an in-depth investigation into its regulatory status. Upon investigating, the team did not find a valid license for the broker. Considering the inevitable trading risks, the team gave it a score of 1.11 out of 10.

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Related broker

Unverified
Market10
Company name:Faraz Financial Services (PTY) Limited
Score
1.11
Website:https://www.market10.net
Within 1 year | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.11

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