About Market On Us
Company Overview
Market On Us is a forex broker that states it is registered in the United Kingdom, operating as Market On Us LTD. The company was founded on 9 November 2022 and is based at 92 Alexander Road, London, SE53 1VU. The broker presents itself as a provider of online trading services, offering access to various financial markets including forex, shares, commodities, and indices.
According to the known facts, Market On Us is not regulated by any financial authority. The company's registration in the UK does not imply authorization by the Financial Conduct Authority (FCA) or any other regulator. This absence of regulation is a significant red flag for traders.
Regulatory Status
Our review found that Market On Us holds no regulatory licences from any recognized financial regulator. The company is incorporated in the United Kingdom but is not authorized by the FCA or any equivalent body. This means that clients have no access to regulatory protections such as negative balance protection, segregated accounts, or recourse to a financial ombudsman.
FXCanary's assessment: the lack of regulation is the most critical factor in evaluating this broker. Traders should be extremely cautious when dealing with an unregulated entity, as there is no oversight of its business practices or financial stability.
Account Types and Trading Conditions
Market On Us offers two account types: Standard and Pro. Both accounts are advertised with a maximum leverage of 1:500, which is considered high and above the limits set by most reputable regulators (e.g., ESMA caps leverage at 1:30). The minimum deposit is stated as $50, though this may vary depending on the payment method.
No information is provided regarding spreads, commissions, or execution models. The broker claims to offer CFD trading on multiple asset classes, but specific contract details are not disclosed. The high leverage and lack of cost transparency make it difficult for traders to assess the true risk of trading with this broker.
Company Background and Ownership
Market On Us is the trading name of Market On Us LTD., a private limited company registered in England and Wales. The company was incorporated on 9 November 2022, making it relatively new in the industry. The registered address is a residential area, which is common for shell companies but raises questions about the firm's operational substance.
No information is publicly available about the company's directors, shareholders, or management team. This lack of transparency is concerning for a financial services firm, as it prevents clients from verifying the background of those running the company.
Available Markets and Instruments
According to the company description, Market On Us provides access to forex, shares, commodities, precious metals, indices, and futures. However, the broker does not specify the number of instruments available within each asset class. For example, it is unclear how many currency pairs or stock CFDs are offered.
The broker claims to offer these instruments as CFDs, which are complex products that allow traders to speculate on price movements without owning the underlying asset. The risks of CFD trading are well-documented, and the lack of regulatory oversight amplifies these risks.
Target Audience and Suitability
Market On Us appears to target both new and experienced traders, offering a Standard account for beginners and a Pro account for more seasoned clients. The high leverage of 1:500 is often marketed to traders seeking large returns with small capital, but it also carries significant risk.
Given the absence of regulation and limited information, this broker is not suitable for most traders, particularly those who are new to trading or require investor protections. Experienced traders who understand the risks may still choose to proceed, but they should do so with extreme caution and only with capital they can afford to lose.
Risk Warning and Conclusion
All trading involves risk, but the risks are magnified when dealing with an unregulated broker. Market On Us does not provide evidence of client fund segregation, and there is no guarantee that the company operates with integrity. FXCanary's Scam Risk Score for this broker is 46/100 (Guarded), reflecting the significant concerns about regulation and transparency.
In summary, Market On Us is a broker that lacks regulatory oversight, has limited public information, and offers high-leverage trading. Traders should consider these factors carefully and explore regulated alternatives before committing funds.
Overview compiled by FXCanary from regulatory records and public data. full Market On Us review