ARTSMRKTS

ARTSMRKTS is a retail forex and CFD broker founded on 22 November 2021, registered in Saint Lucia, and operating under the domain artsmrkts.com. The company lists its registered address in Podgorica, Montenegro. Despite being established relatively recently, it has built a public presence through social media on Facebook, Instagram, and Twitter/X.

The broker markets itself as a provider of forex, precious metals, and other CFD instruments, targeting both retail and institutional clients. It emphasizes a range of account types, platforms, and promotional offerings. However, at the time of this review, ARTSMRKTS does not hold any known regulatory licence from a recognised financial authority.

A key concern for potential traders is that ARTSMRKTS is not regulated by any major financial regulator. The broker's registration in Saint Lucia, a jurisdiction not known for robust financial oversight, and a physical address in Montenegro, further raise caution. The absence of regulation means there is no independent oversight of the broker's operations, and client funds may not be protected by any compensation scheme or segregation requirements.

Industry databases and aggregated industry data indicate a high scam risk, with an FXCanary Scam Risk Score of 75 out of 100 (Severe). Traders should exercise extreme caution when considering this broker, especially given the lack of regulatory safeguards.

ARTSMRKTS claims to offer over 250 trading instruments, covering forex majors, minors, exotics, precious metals (gold, silver), oil, and indices. The broker supports MetaTrader 5 (MT5) as its primary trading platform, with ECN accounts providing direct access to interbank liquidity. Standard accounts are also available, each with varying spreads and commission structures.

The broker markets fast execution, tight spreads, and transparent pricing. It also offers swap-free (Islamic) accounts for traders who require them. The platform is accessible 24/5, aligning with global forex market hours.

ARTSMRKTS offers two types of live accounts: a standard account and an ECN account. The standard account requires a low minimum deposit and features fixed mark-ups on spreads, while the ECN account gives access to tighter spreads with a commission per trade. A demo account is also available for practice.

The broker is particularly aggressive with its bonus promotions, offering a 30% Welcome Bonus for new clients (up to $1500) and a 20% Rebirth Bonus (up to $1000) for inactive accounts. These bonuses come with trading volume requirements, and the terms should be carefully reviewed before acceptance.

Funding options include credit/debit cards (Visa, Mastercard) processed through a JCC payment gateway, and bank wire transfer. The broker claims fast withdrawals and free deposits, though actual processing times may vary. No cryptocurrencies or e-wallets are mentioned as funding methods at this time.

Given the unregulated status, traders should be aware that deposits may not be protected, and withdrawal requests could be subject to delays or additional verification. As with any unregulated broker, it is advisable to start with a small deposit to test the process.

ARTSMRKTS boasts 24/5 multilingual customer support with live chat and a one-hour response time for queries. The contact page provides a form for submitting questions related to sales, customer service, account opening, or IB applications. No direct phone number or physical office phone is listed, which may be a limitation for some traders.

The broker emphasises professionalism and a client-focused approach, but without regulatory recourse, the reliability of customer service must be assessed through direct interaction. Traders are encouraged to test the support responsiveness before committing larger funds.