Brokers  /  WM Markets

WM Markets

Severe risk
Comoros · 2-5 years · since 2024-05-27 · WM Markets Ltd
Unregulated
Visit site ↗
0/5
★★★★★ ★★★★★
4 reviews ›
0
Licenses ›
2
Withdrawal issues ›
$50
Min. deposit ›
1:2000
Max leverage ›
2
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: PRIME · $50ZERO · $1000
▲ 75% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX2.08/10
Trustpilot0/5
Forex Peace Army—/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Comoros (offshore, light oversight)
  • Withdrawal complaints in ~50% 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 age4515%
Clone / impersonation012%
Withdrawal & exposure complaints1212%
Offshore registration808%
Transparency (site/info/social)2810%
Real-user sentiment908%

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 nameWM Markets Ltd
Headquarters Comoros
Founded2024-05-27
Years operating2-5 years
Employees0
Official websiteen.wmmarkets.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
Bonovo Road, Fomboni, Island of Moheli, Comoros Union

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 2

AccountMax leverageMin. depositMin. spreadCommissionEA
PRIME1:2000$50from 1.0$0 commission on Forex CFDs $8 Commission on Crypto CFDs/Round Lot $0 commission on all other CFDs✓
ZERO1:2000$1000from 0.0$8 Commission on Forex & Metals CFDs/Round Lot $8 Commission on Crypto CFDs/Round Lot $0 commission on all other CFDs✓

Review analysis AI

Across 4 recent Trustpilot reviews, 0% are 1–2 star. The single most common complaint is being unable to withdraw funds (2 reports) — the classic warning sign in forex. Sentiment is strongly negative; multiple users describe losing access to their money. Treat with extreme caution.

0
Period:
What users praise
Where reviewers are from
Japan3
Netherlands1

Real user reviews

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About WM Markets

WM Markets is a forex and CFD broker based in Comoros, with records dating to 2024-05-27. 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, WM Markets holds a real-user score of 0.0/5. Withdrawal problems appear 2 times — always test a small withdrawal first.

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