Brokers  /  Kodin Markets

Kodin Markets

Moderate riskForex / CFD broker
🇲🇺 Mauritius · 5-10 years · since 2020-09-18 · Kodin Markets Limited
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.54/10
Trustpilot/5
Forex Peace Army/5
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No sign that Kodin Markets actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
46
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Mauritius (offshore, light oversight)
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 & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)2510%

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 nameKodin Markets Limited
Headquarters🇲🇺 Mauritius
Founded2020-09-18
Years operating5-10 years
Employees0
Official websitekodinmarkets.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods4 methods
Withdrawal methods4 methods
Instruments--
Registered address
Level 6 Ken Lee building, 20 Edith Cavell st, Port Louis, Mauritius.

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
ECN1:300$5000Starts From 0.03 pips--
VIP1:400 $1000From 1.0 pip --
PRO1:500$100Starts From 1.50 pips --

Review analysis AI

Kodin Markets operates without any recognized regulatory licence, relying on a claim of licensing from St. Vincent and the Grenadines, a jurisdiction with no forex-specific oversight. The broker's registration in Mauritius does not compensate for the absence of a credible regulator. Combined with a FXCanary Scam Risk Score of 46/100 (Guarded), this presents a high-risk proposition for traders, who should be aware that they have no recourse from financial authorities in case of disputes or malpractice.

Best for
  • High-volume traders (ECN account)
  • Traders seeking high leverage (PRO 1:500)
Not for
  • Regulatory-sensitive traders
  • Beginners needing investor protection
Period:
What users praise
Where reviewers are from
United Kingdom1

Real user reviews

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

Company Overview

According to its website, Kodin Markets is a forex broker established in 2020. The company presents itself as a reliable trading partner for global clients, emphasizing its commitment to transparency and client fund security. The broker claims to operate with a client-first approach, offering modern trading solutions and dedicated customer support.

Regulation & Licensing

Kodin Markets claims to be licensed in St. Vincent and the Grenadines and states that it strictly abides by all local regulatory standards. However, it is important to note that St. Vincent and the Grenadines does not have a specific regulatory framework governing forex brokers. The broker does not mention any other regulatory oversight on its website.

Account Types

The broker offers three account tiers: ECN, VIP, and PRO. The ECN account requires a minimum deposit of $5,000 and provides maximum leverage of 1:300. The VIP account requires a $1,000 minimum deposit with leverage up to 1:400. The PRO account is the most accessible, with a $100 minimum deposit and leverage up to 1:500. Each account is tailored to different trading styles and capital levels.

Social Media Presence

Kodin Markets maintains a presence on Facebook, Instagram, and LinkedIn. According to its website, these channels are used to share market analysis, company updates, and educational content. The broker invites traders to follow its social media accounts for timely information and community engagement.

About Kodin Markets

Company Overview

Kodin Markets is a forex brokerage established on September 18, 2020, and registered in Mauritius. The company's registered address is Level 6 Ken Lee Building, 20 Edith Cavell St, Port Louis, Mauritius. The broker operates under the domain kodinmarkets.com and targets retail traders globally. While the firm presents itself as a modern trading platform, independent public information about its operations remains limited, which is a cautionary note for prospective clients.

Regulatory Status

Our records indicate that Kodin Markets does not hold any known regulatory licences from recognized financial authorities. The broker claims on its website to be licensed in St. Vincent and the Grenadines, but this jurisdiction does not have specific regulations for forex brokers. As such, the broker is effectively unregulated, meaning traders do not benefit from the protections typically afforded by oversight bodies such as investor compensation schemes or dispute resolution services. This lack of regulation is a significant factor to consider when evaluating the broker's trustworthiness.

Account Types and Trading Conditions

Kodin Markets offers three distinct account types: ECN, VIP, and PRO. The ECN account is designed for high-volume traders, with a minimum deposit of $5,000 and maximum leverage of 1:300. The VIP account targets more substantial retail clients, requiring a $1,000 deposit and offering leverage up to 1:400. The PRO account is the most accessible, with a $100 minimum deposit and leverage capped at 1:500. These account tiers allow traders to choose based on their capital and preferred leverage levels, though the absence of regulatory oversight means there is no external verification of the trading conditions advertised.

Target Audience

The broker appears to aim at retail forex traders, ranging from those with modest capital (PRO account) to high-net-worth individuals (ECN account). The high leverage options may appeal to traders seeking amplified exposure, but this also carries increased risk. Given the unregulated status, the broker may be more suitable for experienced traders who are comfortable operating outside regulated frameworks and who understand the associated risks.

Social Media and Communication

Kodin Markets maintains profiles on Facebook, Instagram, and LinkedIn. These platforms likely serve as channels for marketing, announcements, and client engagement. However, without independent verification, it is unclear how active or responsive the broker is on these platforms. Traders should exercise caution when relying on social media for support or information.

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