Brokers  /  iPromarkets

iPromarkets

Severe risk
🇨🇾 Cyprus · 5-10 years · since 2020-06-15 · Paxton Trade Limited
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.55/10
Trustpilot3.2/5
Forex Peace Army/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • 5 user exposure/complaint reports filed
  • Withdrawal complaints in ~56% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints9012%
Offshore registration108%
Transparency (site/info/social)2810%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal namePaxton Trade Limited
Headquarters🇨🇾 Cyprus
Founded2020-06-15
Years operating5-10 years
Employees0
Official websiteipromarkets.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
Archiepiskopou Makariou Iii,12, Kristellina Tower, 4Th Floor, Mesa Geitonia, Limassol

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
Platinum--$ 25.000----
VIP--$10.000----
Standard--$100----

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.43)

Across 9 recent Trustpilot reviews, 67% are 1–2 star. The single most common complaint is being unable to withdraw funds (5 reports) — the classic warning sign in forex.

0
Period:
What users complain about
What users praise
Where reviewers are from
Vietnam3
United States2
🇩🇪 DE1
Thailand1
Chile1
Portugal1

Real user reviews

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About iPromarkets

iPromarkets is a forex and CFD broker based in Cyprus, with records dating to 2020-06-15. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

On Trustpilot, iPromarkets holds a real-user score of 3.2/5 across 1 reviews. Withdrawal problems appear 5 times — always test a small withdrawal first.

Overview compiled by FXCanary from regulatory records and public data. full iPromarkets review