ANGEL MARKETS

Angel Markets is an online trading broker established on 7 January 2025, registered in Saint Vincent and the Grenadines. The broker operates from a registered address at 65 Chandos Place, London, United Kingdom, though this is a service address rather than a regulated head office. As a new entrant in the retail forex and CFD space, Angel Markets seeks to attract both novice and experienced traders by offering multiple account tiers and a range of tradable instruments.

Our review found that the broker’s corporate registration in SVG places it outside the jurisdiction of major financial regulators. The absence of oversight from bodies such as the FCA, CySEC, or ASIC means that traders do not benefit from standard investor protection schemes, such as compensation funds or dispute resolution services. This is a significant consideration for anyone evaluating the broker’s trustworthiness.

Based on the information available from official registries, Angel Markets does not hold any recognised financial services licence. The broker is incorporated in Saint Vincent and the Grenadines, a jurisdiction known for minimal regulatory requirements for forex brokers. No evidence of oversight by a tier-1 or tier -2 regulator was found during our research.

In FXCanary's assessment, this regulatory vacuum is a major risk factor. Traders dealing with unregulated brokers have limited recourse if disputes arise or if the broker fails to honour withdrawal requests. The broker’s website includes a Client Agreement and Risk Disclosure, but these do not substitute for independent regulatory oversight. We urge traders to exercise extreme caution and consider only brokers with verifiable regulation.

Angel Markets offers five main account types tailored to different capital levels. The entry-level Angel Starter requires a minimum deposit of $200, while the Angel Standard starts at $500. For those with more capital, the Angel Premium requires between $5,000 and $24,999, and the Angel VIP mandates at least $25,000. Additionally, a swap-free account is available for traders who need to comply with Islamic principles, with a minimum deposit of $1,000.

Maximum leverage across all standard accounts is set at 1:500, which is aggressive and amplifies both potential gains and losses. The broker states that no commissions apply to the Starter and Standard accounts, with commission only appearing on the Premium level. Spreads are quoted as starting from 2.5 pips on Starter, improving to 1.0 pips on Premium. These figures are within typical industry ranges but are not necessarily the most competitive.

The broker’s website does not specify a particular trading platform (such as MetaTrader 4 or 5) but references a proprietary platform accessible via web browser. Clients can use a demo account to test the environment before funding a live account. The available instruments span forex, commodities, stocks, and potentially cryptocurrencies, according to the broker’s marketing pages.

We note that the broker promotes tight spreads and low fees across all asset classes. However, without specific contract specifications or spreads lists, it is difficult to verify these claims. Traders should request a full schedule of instruments and costs before committing funds.

Angel Markets supports several funding methods, including credit and debit cards (Visa, Mastercard) and bank wire transfers. Card deposits are processed instantly with no fees, while bank transfers take 1–3 business days. The broker also mentions cryptocurrency as an option, but details are limited. Supported base currencies are USD, EUR, and GBP for card deposits, and USD for bank transfers.

Withdrawal policies are not explicitly detailed on the site, but the broker indicates that all new accounts must meet the minimum deposit requirement. Clients should be aware that unregulated brokers sometimes impose restrictive withdrawal conditions, such as high minimum amounts or processing delays. We recommend verifying withdrawal terms directly with support before funding.

The broker provides customer support via email (support@angelmarkets.com) and phone (+44 738 301 8608), available Monday to Friday from 10:00 AM to 9:00 PM. The website includes a contact form for general inquiries. The response time for email is stated as within 24 hours.

Given the lack of regulatory oversight, responsive customer support becomes even more critical. Traders may need to rely on direct communication to resolve issues. The broker also maintains a presence on Facebook and Instagram, which can be used for updates but not for account-specific queries.

FXCanary’s scam risk score for Angel Markets stands at 56 out of 100, indicating an elevated level of risk. This score reflects the broker’s unregulated status, very recent establishment (less than a year), and absence of independent user reviews. While the broker appears to have a functional website and offers standard account types, the lack of transparency and regulatory oversight are red flags.

This broker is not suitable for conservative or risk-averse traders. It may be considered only by experienced traders who fully understand the risks of trading with an unregulated entity and who are willing to allocate a small portion of their capital. Beginners are strongly advised to avoid this broker and seek regulated alternatives.