Brokers  /  9X markets

9X markets

Severe riskForex / CFD broker
🇲🇺 Mauritius · 1-2 years · since 2025-01-24 · 9xMarkets Ltd
Unregulated
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Independent ratingshow third parties score this broker
WikiFX2/10
Trustpilot/5
Forex Peace Army/5
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No sign that 9X markets actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 18 months old
  • Registered in Mauritius (offshore, light oversight)
  • 10 user exposure/complaint reports filed
  • 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 age7215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration808%
Transparency (site/info/social)5010%

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 name9xMarkets Ltd
Headquarters🇲🇺 Mauritius
Founded2025-01-24
Years operating1-2 years
Employees0
Official website9xmarkets.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
3 Emerald Park, Trianon, Quatre-Bornes 72257, Republic of Mauritius.

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
ECN--$5000from 0.0$6 per lot Commissions
Premium--$2500from 0.9 on FX majors--
Standard----from 1.2 on FX majors--

Review analysis AI

9X Markets is a newly established forex broker based in Mauritius, founded in January 2025. Despite its website claiming regulation by the FSC Mauritius with an Investment Dealer License, our independent verification found no confirmed regulatory registration. This absence of verifiable regulation significantly elevates the risk profile for traders. Combined with a high minimum deposit for ECN accounts ($5,000), limited track record, and lack of independent reviews, FXCanary assesses a severe scam risk score of 75/100. Traders should exercise extreme caution and consider only regulated alternatives.

Best for
  • Traders seeking high leverage up to 1:400
  • Those willing to risk unregulated brokers with new platforms
Not for
  • Risk-averse traders
  • Beginners needing regulatory protection
  • Traders requiring low minimum deposits on ECN accounts
Period:
What users complain about
Where reviewers are from
Pakistan8
India2

Real user reviews

Where 9X markets operates

Active across 6 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇮🇳 India 2 complaints
🇰🇪 Kenya
🇻🇳 Vietnam
🇧🇬 Bulgaria
🇵🇰 Pakistan 8 complaints
🇨🇴 Colombia

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

Similar brokers

What 9X markets says about itself as stated by the broker · not independently verified by FXCanary

Account Types

The broker states it offers three main account types. The Standard Account has no minimum deposit and zero commission. The Premium Account requires a minimum deposit of $2,500 and offers spreads from 0.9 pips with zero commission. The ECN Account requires a $5,000 minimum deposit and provides raw spreads.

Regulation Claim

According to its website, 9X Markets is registered in Mauritius under company number C212927 and regulated by the Financial Service Commission of the Republic of Mauritius with an Investment Dealer License (excluding underwriting). The company’s registered office is provided as 3 Emerald Park, Trianon, Quatre-Bornes 72257, Republic of Mauritius.

Trading Platform and Instruments

The broker claims to offer trading via MetaTrader 5 (MT5) on mobile and desktop. It states access to live pricing of multi-asset classes, including forex, commodities, and indices. Leverage is advertised up to 1:400.

Deposits and Withdrawals

The broker claims to offer a wide range of deposit and fund transfer options. It states no minimum deposit, quick and easy deposits and withdrawals, and that client funds are held in segregated accounts. Third-party payments are not accepted.

Education and Support

The website claims to provide expert-led webinars, one-on-one sessions, daily market analysis, and risk management tools. It emphasizes educating traders before they trade.

About 9X markets

Broker Overview

9X Markets is a newly established forex and CFD broker, registered in Mauritius and founded on January 24, 2025. The broker operates the website 9xmarkets.com and lists its registered address as 3 Emerald Park, Trianon, Quatre-Bornes 72257, Republic of Mauritius. It markets itself as a multi-asset trading platform offering access to forex, commodities, indices, and more through the MetaTrader 5 platform.

The broker targets retail traders worldwide, claiming to provide educational resources and multiple account types to suit different experience levels. Its website is available in English and includes sections on account specifications, trading conditions, and funding methods. Despite its fledgling status, 9X Markets has established a presence on social media platforms including Facebook, Instagram, and LinkedIn.

Regulatory Status and Verification

9X Markets claims on its website to be regulated by the Financial Services Commission (FSC) of Mauritius under an Investment Dealer License (excluding underwriting) with registration number C212927. However, independent verification by FXCanary has found no confirmed regulatory registration in the FSC Mauritius public register. This discrepancy means that the broker's regulatory claims cannot be corroborated.

As a result, traders should be aware that 9X Markets currently operates without any verifiable regulatory oversight. The absence of a valid license from a recognized financial authority significantly increases the risk of trading with this broker. The company's very recent founding date adds to the uncertainty, as there is no track record to assess its reliability.

Account Types and Minimum Deposits

The broker offers three main account tiers. The Standard Account is designed for beginners and has no minimum deposit requirement, featuring zero commission on trades. The Premium Account requires a minimum deposit of $2,500 and offers spreads starting from 0.9 pips, also with zero commission. The ECN Account is for experienced traders and requires a $5,000 minimum deposit, providing raw spreads.

Leverage is advertised up to 1:400 across account types, which is relatively high and may amplify both gains and losses. The broker does not specify the exact leverage for each account on its website, but it is available on the platform. Commission structures for the ECN account are not clearly detailed.

Trading Platform and Instruments

The broker exclusively offers MetaTrader 5 (MT5) as its trading platform, available for desktop, mobile, and web. MT5 is a well-known platform that supports advanced charting tools, automated trading via Expert Advisors (EAs), and a range of order types. The broker claims to provide access to live pricing across forex, commodities, and indices.

While the website lists contract specifications in a table, the full range of tradable instruments is not explicitly enumerated. The broker emphasizes fast execution and transparent pricing, but specific details on spreads, commissions, and swap rates are only available within the client portal or after account opening.

Funding and Withdrawals

9X Markets states that it offers multiple deposit and withdrawal methods, though specific payment providers are not listed on the public website. The broker claims no minimum deposit for the Standard account and quick processing times. It also states that client funds are kept in segregated accounts for security.

Withdrawals are subject to the same policy as deposits: only the account holder can deposit or withdraw funds, and third-party payments are not accepted. The broker may pass on bank fees for wire transfers, but does not charge its own fees. The lack of detailed information on accepted methods and processing times is a point of concern for prospective clients.

Target Audience and Educational Support

The broker appears to target retail traders, especially beginners, by offering educational resources such as webinars, one-on-one sessions, and daily market analysis. The Standard Account's no-minimum-deposit feature is clearly aimed at newcomers. The Premium and ECN accounts cater to more active or high-volume traders.

The website claims to prioritize trader education, but the actual quality and depth of these resources cannot be verified without a live account. The broker also offers risk management tools like stop-loss orders and alerts, standard on the MT5 platform.

Corporate Information and Reputation

9X Markets is a very young company, having been incorporated less than a year ago. Its registration in Mauritius, a jurisdiction known for having a strict but sometimes lenient regulatory framework, adds to the complexity. The broker has no independent user reviews or significant online presence beyond its own marketing.

Social media profiles exist but show limited engagement. The absence of independent feedback makes it difficult to assess customer service quality, withdrawal efficiency, or overall trading experience. Traders are urged to conduct thorough due diligence before committing funds.

Overview compiled by FXCanary from regulatory records and public data. full 9X markets review