FE-Markets

FE-Markets is a retail forex and CFD broker registered in the Comoros Union, with a registered address in Fomboni, Mohéli. The broker was founded in November 2023, making it a relatively new entrant in the online trading space.

According to available records, FE-Markets does not hold any regulatory licences from major financial authorities. The broker operates from the Comoros, a jurisdiction often associated with minimal oversight in the forex industry. This lack of regulation is a significant factor for traders to consider.

The broker offers two account types: Standard STP and ECN. The Standard STP account allows a maximum leverage of up to 1:500, which is high compared to regulated brokers. Minimum deposit requirements for both accounts are not specified in the public records.

The ECN account type typically offers direct market access with tighter spreads but may involve commission fees. However, without official details, the exact features of these accounts remain unclear. Traders are advised to seek further information directly from the broker before committing funds.

FE-Markets is not regulated by any recognized authority such as the FCA, CySEC, or ASIC. The broker is registered in Comoros, which does not impose strict financial oversight. This absence of regulation means there is no external dispute resolution mechanism or compensation scheme for traders.

The FXCanary Scam Risk Score for FE-Markets is 55 out of 100, indicating an elevated risk level. Traders should exercise caution and conduct thorough due diligence before considering any engagement with this broker.

Public records do not specify the range of tradable instruments or the trading platforms offered by FE-Markets. Given the lack of information from the broker's official website (which currently displays only a server directory), the scope of available assets—such as forex pairs, indices, commodities, or cryptocurrencies—is unknown.

Without platform details, it is unclear whether the broker supports popular trading software like MetaTrader 4 or 5. Traders should request this information directly from the company before opening an account.

No information is available regarding deposit methods, withdrawal processes, or customer support channels for FE-Markets. The registered address in the Comoros may not be a physical office for client services.

The lack of transparency around banking and support is a red flag. Traders are encouraged to verify any claims made by the broker through independent sources before transferring funds.