About Absolute Markets
Company Overview
Absolute Markets is a trading name of Absolute Markets LLC, an online forex brokerage registered in Saint Vincent and the Grenadines. The firm was established on April 1, 2022, and operates out of Suite 305, Griffith Corporate Centre, Kingstown. As an unregulated offshore entity, the broker presents significant risk considerations for potential clients.
The company's official website does not appear to be publicly accessible, and limited independent information is available beyond regulatory filings. This lack of transparency compounds the risks associated with trading through an unregulated intermediary, as recourse mechanisms are absent.
Regulatory Status
According to known records, Absolute Markets holds no recognized financial regulatory licenses. The broker is registered in Saint Vincent and the Grenadines, a jurisdiction known for minimal oversight of forex brokers. This regulatory vacuum means traders operate without the safeguards of investor compensation schemes, dispute resolution processes, or mandatory audits.
In jurisdictions lacking robust financial supervision, brokers often operate with greater discretion, and client funds may not be segregated from operational accounts. Traders considering this broker should be fully aware that they assume all counterparty risk without regulatory protection.
Account Types and Trading Conditions
Absolute Markets offers four distinct account tiers tailored to different deposit levels: Micro (minimum $50), Variable ($100), ECN ($500), and VIP ECN ($5,000). All accounts provide a maximum leverage of 1:1000, an exceptionally high ratio that amplifies both potential gains and losses. Such aggressive leverage is typically associated with high-risk trading environments.
The broker likely uses the MetaTrader 4 platform, a common choice among forex brokers, though specific platform details are not confirmed. The range of tradable instruments is not publicly specified, but forex and CFDs are probable given the broker's profile.
Funding, Fees, and Client Support
No detailed information is available regarding the broker's deposit and withdrawal methods, transaction fees, or client support channels. The known facts do not list any accepted payment systems or account currencies. Similarly, the broker's fee structure—including spreads, commissions, and swap rates—remains undisclosed.
Absent such fundamental disclosure, traders cannot assess the true cost of trading with Absolute Markets. The opacity extends to customer service; while social media presence on Facebook, Instagram, and YouTube is noted, response times and support quality cannot be verified.
Target Audience
Absolute Markets appears to target retail traders seeking high leverage and low initial deposits. The Micro account's $50 minimum appeals to beginners or those with limited capital, while the 1:1000 leverage entices speculators chasing large returns from small market moves. However, the lack of regulation and disclosure suggests the broker is ill-suited for conservative or risk-averse investors.
Experienced traders might consider such high leverage very dangerous, and the severe risk score assigned by FXCanary indicates substantial potential for adverse outcomes. The broker's registration in an offshore jurisdiction further limits legal recourse.
Corporate Presence and Accessibility
The broker is registered as Absolute Markets LLC in Saint Vincent and the Grenadines, with a physical address at the Griffith Corporate Centre. This location is a common shared office facility used by many offshore firms, which may indicate a minimal operational footprint. The company’s online presence includes social media accounts, but a functional website domain is notably absent.
Without a verifiable website or clear contact information, the broker's accessibility is questionable. Traders may find it difficult to obtain real-time assistance or account management, adding another layer of uncertainty to the trading relationship.
Risk Considerations
The combination of no regulatory oversight, extreme leverage, and limited public information places Absolute Markets in the highest risk category. FXCanary's scam risk score of 75/100 reflects severe concerns. Traders depositing funds with this broker face potential issues ranging from delayed withdrawals to complete loss of capital.
Given these factors, any engagement with Absolute Markets should only be considered by those fully acquainted with the risks and willing to lose their entire investment. Due diligence is critically important, and alternative regulated brokers are strongly advised.
Overview compiled by FXCanary from regulatory records and public data. full Absolute Markets review