Brokers  /  Giraffe Markets

Giraffe Markets

Moderate riskForex / CFD broker
🇲🇺 Mauritius · 2-5 years · since 2023-10-24 · Giraffe Wealth Management Ltd
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Independent ratingshow third parties score this broker
WikiFX5.2/10
Trustpilot4.3/5
Forex Peace Army/5
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Giraffe Markets operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
39
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Registered in Mauritius (offshore, light oversight)
  • Withdrawal complaints in ~33% 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 & licensing3835%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration808%
Transparency (site/info/social)010%
Real-user sentiment88%

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 nameGiraffe Wealth Management Ltd
Headquarters🇲🇺 Mauritius
Founded2023-10-24
Years operating2-5 years
Employees0
Official websitegiraffemarkets.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments290+ CFDs
Registered address
Level 5, Maeva Tower, Cybercity, Ebène, Mauritius.

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSCSecurities Trading License (EP)GB24203636MauritiusRegulated

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
ELITE1:300$2,500Raw + 0$5 one side
STANDARD1:500$100Raw + 1.5None
PRO1:400$1,000Raw + 1.2None

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -1.7)

The majority of Trustpilot reviews for Giraffe Markets are positive, with users praising fast execution, quick withdrawals, and responsive customer support. However, a small but vocal minority alleges the broker runs a scam, buys fake reviews, and delays withdrawals for weeks. The FXCanary Scam Risk Score of 39/100 (Guarded) reflects this tension between the overwhelmingly positive user feedback and the serious nature of the scam allegations.

Best for
  • Traders seeking fast execution and quick withdrawals
  • New traders wanting a user-friendly platform and supportive customer service
  • Those comfortable with FSC (Mauritius) regulation
Not for
  • Risk-averse traders who prefer top-tier regulation (e.g., FCA, ASIC)
  • Traders suspicious of potential fake reviews and scam allegations
Period:
What users complain about
What users praise
Where reviewers are from
🇮🇩 ID39
🇮🇳 IN13
Indonesia13
🇸🇬 SG2
Bangladesh2
Malaysia2
Positive vs negative · last 7 months Pos Neg
Sep
Dec
Jan
Feb
Sep
Feb
Mar

Real user reviews

Where Giraffe Markets operates

Active across 2 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.

🇺🇸 United States
🇮🇳 India
🇲🇺 Mauritius Licensed

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 Giraffe Markets says about itself as stated by the broker · not independently verified by FXCanary

Company background

According to the broker, Giraffe Markets was incorporated in Saint Lucia in 2023 and is a broker regulated by the FSRA. The company states it offers over 1,700 trading products and supports the MetaTrader 5 platform.

Account types

The broker advertises three account tiers: STANDARD (min deposit $100, max leverage 1:500, spread from Raw+1.5 pips, no commission), PRO (min deposit $1,000, max leverage 1:400, spread from Raw+1.2 pips, no commission), and ELITE (min deposit $2,500, max leverage 1:300, spread from Raw+0 pips, $5 commission per side). All accounts provide access to 290+ CFDs.

Spreads and fees

Giraffe Markets claims spreads start from 0 pips on the ELITE account, with commissions from $0 per lot on the STANDARD and PRO accounts. The broker highlights competitive spreads and leverage up to 1:500.

Platform and instruments

The broker states it offers more than 1,700 trading products, including forex, cryptocurrencies, stocks, commodities, and indices, available on the MT5 platform. It also emphasizes a user-friendly interface and fast execution.

About Giraffe Markets

Overview

Giraffe Markets is the trading name of Giraffe Wealth Management Ltd, a Mauritius-based brokerage incorporated in Saint Lucia in 2023. The company is registered at Level 5, Maeva Tower, Cybercity, Ebène, Mauritius, and operates under a Securities Trading License (EP) from the Financial Services Commission (FSC) of Mauritius. Despite being a relatively new entrant, Giraffe Markets has quickly built a presence, offering traders access to over 290+ CFD instruments across multiple asset classes.

The broker primarily targets retail traders looking for flexible account options and high leverage. With three account tiers — STANDARD, PRO, and ELITE — it aims to cater to different experience levels and capital sizes. Giraffe Markets advertises spreads from 0 pips and leverages up to 1:500, positioning itself as a cost-effective choice for active traders.

Regulation and Security

Giraffe Markets is regulated by the FSC Mauritius under license number GB24203636. The FSC is a financial regulator that oversees non-bank financial institutions in Mauritius. While the FSC provides a regulatory framework, it is not considered a top-tier regulator like the FCA or ASIC. Traders should be aware that the broker’s regulatory status is limited to Mauritius, and no other major licences have been disclosed.

The broker reports zero employees, which is unusual and may indicate a lean operational structure. However, the company description notes it was incorporated in Saint Lucia, a common jurisdiction for forex brokers. The FSC license is listed as "Regulated", but potential clients should verify the status independently.

Account Types and Trading Conditions

Giraffe Markets offers three accounts: STANDARD, PRO, and ELITE. The STANDARD account requires a minimum deposit of $100 and provides maximum leverage of 1:500, with spreads starting from Raw+1.5 pips and no commission. This account is suitable for beginners and those with smaller capital.

The PRO account has a $1,000 minimum deposit, leverage up to 1:400, spreads from Raw+1.2 pips, and no commission. It is geared toward intermediate traders. The ELITE account, with a $2,500 minimum deposit, offers spreads from Raw+0 pips, a commission of $5 per side, and leverage up to 1:300. This account targets high-volume traders. All accounts grant access to 290+ CFD instruments, though the broker claims over 1,700 trading products in its marketing.

Platform and Instruments

Giraffe Markets supports the MetaTrader 5 (MT5) platform, a professional-grade trading platform known for its advanced charting tools, automated trading capabilities, and multi-asset support. MT5 is available on desktop, web, and mobile devices, enabling traders to operate from anywhere.

The broker offers CFDs on forex, cryptocurrencies, stocks, commodities, and indices. The exact instrument list is not fully disclosed in the provided data, but the broker states it provides over 1,700 trading products. This range may appeal to traders looking for diverse market exposure.

Deposits and Withdrawals

Specific deposit and withdrawal methods are not disclosed in the available data. However, based on user reviews, the broker supports multiple payment options including bank transfers, credit/debit cards, and e-wallets. The majority of reviewers report fast and hassle-free withdrawals, though a small number have experienced delays.

The minimum deposit varies by account type, starting at $100 for STANDARD. There is no information on fees for deposits or withdrawals. Traders should verify available methods and any associated charges directly with the broker.

Customer Support

Customer support is a strong point according to user feedback, with many praising quick response times and helpful assistance, especially during KYC and account opening. The broker offers support via live chat, email, and possibly phone. A few negative reviews mention scripted responses and unresolved issues, particularly around withdrawals.

Overall, the support team appears proactive, but the small number of complaints suggests room for improvement. Traders are advised to test support responsiveness before committing significant funds.

Target Audience

Giraffe Markets is best suited for traders who prioritize fast execution, low spreads, and high leverage. The STANDARD account is ideal for beginners, while the ELITE account caters to scalpers and high-frequency traders. The broker’s regulation by the FSC Mauritius may not satisfy those seeking stringent oversight, but the positive user reviews indicate a functional service for retail traders.

Traders who are cautious about scam allegations or who prefer top-tier regulation should consider alternatives. The broker’s risk score of 39/100 (Guarded) reflects this trade-off.

Overview compiled by FXCanary from regulatory records and public data. full Giraffe Markets review