Markethouse Review

When assessing a broker, FXCanary follows a rigorous, evidence-based process. For Markethouse, we cross-checked the company’s registration records, scoured public financial regulator databases, analyzed the real-user review record across multiple platforms, and examined aggregated industry warnings. Our investigation draws on structured data such as ownership details, licensing claims, and account conditions, as well as qualitative feedback from traders who have actually deposited money with the firm.

We paid particular attention to the Dutch regulatory landscape because Markethouse lists its address in Amsterdam. We queried the AFM register, the DNB register, and international regulatory lists to verify any claim of oversight. None was found. The resulting picture is a broker that operates without any meaningful supervision and whose clients report a litany of serious problems—from blocked withdrawals to outright fraud.

Markethouse was founded on August 25, 2023, and claims a registered address at the World Trade Center Amsterdam, Strawinskylaan 1, 1077 XW Amsterdam. This is a well-known business center that hosts many legitimate companies, but also serves as a virtual office location for countless shell entities. The broker reports having zero employees, which is a striking figure for a firm purporting to serve international retail traders with complex financial products.

A company with no staff cannot realistically provide the compliance, customer support, dealing desk, and technical infrastructure required to operate a legitimate brokerage. The address may be nothing more than a maildrop, a common tactic used by scam operations to project an image of legitimacy while remaining virtually untraceable. Combined with the broker’s youth—it has been in existence for less than two years as of this writing—there is no track record, no reputation, and no assurance of longevity.

Our review confirmed that Markethouse holds no valid license from any recognized financial regulator. It is not authorized by the AFM in the Netherlands, nor is it registered with any other European Union member-state authority under passporting arrangements. A search of global regulators—including the FCA (UK), CySEC (Cyprus), ASIC (Australia), and the FSCA (South Africa)—yielded no results.

Operating without a license means that Markethouse is not bound by any client-fund segregation rules, negative balance protection, or mandatory participation in investor compensation schemes. There is no external dispute-resolution mechanism available to clients. In the European Economic Area, offering investment services to retail clients without authorization is illegal, and the absence of any license should immediately ring alarm bells for any potential investor.

Markethouse advertises four account tiers: BASIC ($500–$5,000 minimum deposit), PRO ($5,000–$25,000), PREMIUM ($25,000–$50,000), and ELITE ($50,000–$100,000). While tiered accounts are common in the industry, legitimate brokers typically disclose the associated leverage, spreads, commissions, and other trading conditions for each tier. Here, all such parameters are left blank.

This lack of disclosure fundamentally prevents traders from making an informed decision. In our analysis, such opacity is a deliberate tactic to obfuscate unfavorable or even predatory trading conditions. The high minimum deposits on upper tiers are especially concerning, as they expose clients to potentially huge losses without any clarity on what they are buying. Several user reviews confirm that once clients deposited substantial sums, they were bombarded with pressure to upgrade to even higher tiers with promises of better service and returns—promises that never materialized.

Markethouse fails to disclose any deposit or withdrawal methods, processing times, fees, or limits on its website. In the real-user record, the consequences of this lack of transparency are stark. Numerous reviewers report that after making an initial deposit, they were quickly contacted by aggressive ‘account managers’ who coerced them into investing more.

When clients displayed reluctance, the agents allegedly turned hostile or manipulative, showing fake trading results to demonstrate how quickly profits could add up. Withdrawal requests were systematically ignored, delayed, or refused unless the client deposited yet more money. Some users explicitly state that their funds have disappeared and the website is no longer accessible. Others recount having to enlist professional chargeback services to recover a portion of their capital—a clear signal of a broker that is unwilling to honor its obligations.

A credible broker proudly displays its tradable assets and platform technology. Markethouse, by contrast, provides no information on either. There is no list of forex pairs, commodities, indices, shares, or cryptocurrencies. No mention of MetaTrader, cTrader, or any proprietary web platform. The broker’s website appears to be a façade, lacking the technical depth required for serious traders.

This vacuum of information makes it impossible to assess execution quality, slippage, spread structure, or instrument availability. In our experience, brokers that hide or omit these details often do so because they have no real trading infrastructure. Instead, they may operate a simple bucket shop—taking the opposite side of client trades and manipulating results to ensure client losses.

With no disclosed spreads, commissions, or financing rates, the cost of trading at Markethouse is entirely opaque. However, the user review record reveals an alarming practice: one reviewer reports being told they would be charged a $50-per-day inactivity fee, even though the account inactivity was forced by the broker’s own refusal to process a withdrawal. Such punitive fees are a classic mechanism for draining dormant accounts and discouraging clients from pursuing their money.

Additionally, the aggressive upselling and constant pressure to deposit more suggest that the broker’s real revenue model is not based on trading commissions or spreads but on the deposit itself. Combined with the withdrawal blockade, it becomes clear that any funds transferred to Markethouse are highly vulnerable to being lost to fees, imaginary trading losses, or outright expropriation.

We analyzed 16 Trustpilot reviews (average rating 1.8/5) and additional testimonials from other complaint platforms. Not a single review was positive. The dominant theme, echoed across nine separate reviews, is that Markethouse is an outright scam. Clients describe being cold-called by individuals using pseudonyms like ‘Tyler Hart’, ‘Jake Berry’, ‘Liam Evans’, and ‘Tony Webb’. These agents built a veneer of professionalism, made a few pretend trades to show profits, and then relentlessly pushed for larger investments.

Withdrawal complaints are rampant: four reviews specifically cite the inability to get money back, and several more describe how the broker’s website became inaccessible once a withdrawal was requested. One reviewer detailed how they were passed from a ‘retention agent’ who showed them charts of rapid profit accumulation to convince them to invest their entire savings. Another stated that they had to report the issue to an external recovery organization to get a refund of €8,900—an outcome that speaks to the broker’s refusal to voluntarily return funds.

Customer support is described as non-existent or openly hostile. Communications are ignored, and in one case, a client was mocked by an arrogant representative. The account and KYC process appears designed not to verify identity but to extract more money, with users reporting that cancellation requests were met with demands for additional deposits. Speed is consistently criticized: the broker is quick to request more money but glacially slow—or entirely unresponsive—when it comes to paying out.

Taken together, the user record paints a picture of a boiler-room scam that preys on retail investors’ inexperience and trust. The consistency of the complaints across multiple independent sources leaves little room for doubt about the broker’s true nature.

Industry databases that aggregate broker intelligence assign Markethouse a severe risk score. FXCanary’s own Scam Risk Score of 75 out of 100 reflects the convergence of multiple danger signals: no regulation, an opaque corporate structure, a non-existent trading environment, and a deluge of withdrawal-related complaints. Other independent warning lists and financial watchdog alerts also flag Markethouse as an unlicensed entity that consumers should avoid.

These aggregated warnings are not mere disgruntled traders venting; they are based on systematic checks of registration, licensing, and complaint patterns. The complete absence of any positive indicators—no verified license, no transparent platform, no resolved complaints—makes Markethouse one of the clearest examples of a high-risk broker we have reviewed.

Our investigation finds no redeeming qualities in Markethouse. The broker operates without a license, conceals every material trading condition, employs high-pressure sales tactics, and blocks client withdrawals. The real-user review record is not just negative; it is a parade of small investors recounting how their life savings were taken. With a Scam Risk Score of 75/100, Markethouse sits firmly in the ‘severe risk’ category.

For any person considering depositing funds, the evidence strongly suggests that doing so will result in a total loss. We urge extreme caution: do not engage with this broker, do not provide personal information, and do not send any money. If you have already deposited and are unable to withdraw, we recommend contacting your bank or payment provider immediately to explore chargeback options and reporting the incident to your local financial authority.

Markethouse is not a legitimate broker—it is a textbook example of a forex scam. FXCanary’s advice is unequivocal: avoid at all costs.