Score

1.45 /10
Danger

Central Markets

Ireland

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.52

Risk Management Index0.00

Software Index4.00

License Index0.00

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

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Company Name

Central Markets

Company Abbreviation

Central Markets

Platform registered country and region

Ireland

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Central Markets · Company summary

Official Website Unavailable

We could not get relevant information due to failing to visit the official website, besides, the information is not available on other websites as well, thus, clients only take a poorly-conceived browse.

General Information& Regulation

Central Markets is a brokerage providing all types of Forex on the trading market such as Forex and CFDs, which was supposedly registered in Ireland with its correct address not disclosed.

Market Instruments

Central Markets currently provides tradable financial trading assets including Forex, Commodities, Indices, and Stocks.

Accounts & Leverage

Trades can select five types of available accounts, that is, Silver Account, Gold Account, Platinum Account, Diamond Account, and VIP Account with various minimum deposits. Besides, the minimum deposit varies between $250 and $100,000. For instance, the minimum deposit of Silver Account is $250, the Gold Account is $10,000, the VIP Account is up to $100,000. Each account requires different leverage, for instance, the Silver Account provides the leverage of 1:1 UST pairs/ 1:100 others and the Gold Account offers the leverage of 1:2 UST pairs/ 1:200 others, besides, the Platinum Account offers the leverage of 1:2 UST pairs/ 1:300 others, additionally, the Diamond Account offers the leverage of 1:2 UST pairs/ 1:400 others, and the VIP Account offers the leverage of 1:50UST pairs/ 1:500 others.

Trading Platform

Clients are allowed to apply on a web-based trading platform that possesses a plethora of experts, and advanced tools and features.

Deposit & Withdrawal

Payment methods include Credit, Debit Cards, Wires, Perfect Money, and Quanto. Besides, the minimum deposit of starting trading is $250, however, no withdrawal amount is mentioned.

Customer Support

If in any doubts as to transactions, please call at +35924963395 or e-mail at support@centralmarkets.io within a reasonable time.

Risk Warning

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose.

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