Brokers  /  MENTORS MARKETS

MENTORS MARKETS

High riskForex / CFD broker
🇱🇨 Saint Lucia · < 1 year · since 2026-02-05 · Mentors Markets Ltd
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.09/10
Trustpilot/5
Forex Peace Army/5
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No sign that MENTORS 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.
65
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 5 months old
  • Registered in Saint Lucia (offshore, light oversight)
  • No verifiable website or social-media presence
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 age9215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)10010%

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 nameMentors Markets Ltd
Headquarters🇱🇨 Saint Lucia
Founded2026-02-05
Years operating< 1 year
Employees0
Official websitementorsmarkets.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

MENTORS MARKETS presents itself as a copy trading broker with a large community, but it operates from Saint Lucia without verified regulation despite claiming SCB oversight. The elevated risk score of 65/100 reflects the lack of regulatory confirmation and limited public information. Traders should exercise extreme caution and prioritize brokers with proven regulatory status.

Best for
  • Copy traders seeking a simple, web-based platform
  • Beginners who want to follow experienced traders
  • Users attracted to a large community and loyalty rewards
Not for
  • Traders requiring verified regulation and fund safety
  • Advanced traders needing advanced charting and analysis tools
  • Those who prefer established platforms like MetaTrader
  • Users looking for transparent fee and account information
Period:

Real user reviews

Similar brokers

What MENTORS MARKETS says about itself as stated by the broker · not independently verified by FXCanary

Overview

MENTORS MARKETS describes itself as an industry-leading platform for copy trading, allowing users to track, analyze, and improve their trading skills by copying experienced traders. The broker states that it brings copy trading to the fingertips of users, enabling them to join a community of over 787,000 traders worldwide.

Regulation

According to its website, the broker claims to be authorised and regulated by the Securities Commission of the Bahamas (SCB). This claim is presented prominently on the homepage.

Account Types

The broker offers account types tailored for copy trading, though specific details such as minimum deposit and spreads are not disclosed on the homepage. It markets itself as a trusted platform with high ratings and reviews.

Features

MENTORS MARKETS highlights a loyalty program that rewards users for every trade, as well as a community of 787,000+ traders. The platform is said to offer full transparency and control over portfolio growth.

Platforms

The trading platform is web-based, emphasizing ease of use and accessibility for copy trading. The broker states that users can start investing in trading together with professional traders without needing a credit card to enroll.

About MENTORS MARKETS

Company Overview

MENTORS MARKETS is a retail forex and CFD broker registered in Saint Lucia. According to publicly available records, the broker was founded on February 5, 2026, and operates from Saint Lucia. The broker's official website presents itself as a copy trading platform that allows users to follow and replicate the trades of experienced traders.

The broker claims to have a large community of over 787,000 traders globally, suggesting significant adoption, though independent verification of this number is not possible. The brand positions itself as a user-friendly solution for those looking to engage in copy trading without extensive market knowledge.

Regulation and Safety

Our records indicate that MENTORS MARKETS does not hold any verified regulatory licences from recognized financial authorities. However, the broker's website prominently states that it is 'Authorised and regulated by the Securities Commission of the Bahamas (SCB)'. We were unable to independently confirm this registration with the SCB's public database.

This discrepancy raises caution: the absence of verifiable regulation combined with an unsubstantiated claim of oversight is a red flag for traders. Saint Lucia is not a jurisdiction known for stringent financial regulation, and brokers registered there often operate without meaningful oversight. Traders should be aware that the safety of client funds is not guaranteed by any compensation scheme.

Account Types

The broker offers account types primarily focused on copy trading. Based on the website, there is little detailed information about specific account tiers, minimum deposits, or spreads. The homepage emphasizes a 'Loyalty Program' that rewards users for every trade, but specifics on how the program works are not provided.

It appears that account opening is straightforward, with the promise of 'no credit card required' to enroll. This suggests that users can register and begin exploring the platform without immediate financial commitment, though actual trading likely requires a deposit. Without transparent account specifications, traders may find it difficult to compare costs with other brokers.

Trading Platforms

MENTORS MARKETS offers a proprietary web-based trading platform designed for copy trading. The platform is accessible via a browser, and the website emphasizes simplicity and ease of use. It allows users to 'copy the actions of experienced Leaders' and start their trading journey quickly.

No mention is made of popular third-party platforms like MetaTrader 4 or 5, cTrader, or mobile apps. The broker appears to have developed its own interface, which may limit traders who prefer established platforms. The focus on a single proprietary platform is common among copy trading brands but can be a disadvantage for advanced traders seeking advanced charting tools or automated strategies.

Instruments

The broker's website does not explicitly list the full range of trading instruments available. However, given its focus on forex and copy trading, it is reasonable to assume that major forex pairs, CFDs on indices, commodities, and possibly cryptocurrencies are offered. The tagline 'The World's Markets' suggests a broad market access.

Without a detailed instrument list, traders cannot assess whether their preferred markets are available. Typically, copy trading platforms offer a limited selection of instruments to streamline the copying process, focusing on the most liquid markets. Prospective users should verify instrument availability before depositing funds.

Funding

MENTORS MARKETS does not provide detailed information about funding methods on its homepage. Common payment options for brokers in Saint Lucia include bank wire transfers, credit/debit cards, and some e-wallets. However, this broker has not disclosed its specific payment processors or supported currencies.

The lack of transparent funding information is a concern. Traders may face unexpected fees or delays. Additionally, without clarity on deposit and withdrawal procedures, users may encounter difficulties when trying to access their funds. We recommend contacting support for details before committing capital.

Customer Support

Information about customer support is minimal. The website does not prominently display a phone number, email address, or live chat option. A contact form or support ticket system may be available after registration, but this is not confirmed.

Reliable customer support is crucial, especially for new traders using a copy trading platform. The absence of visible contact details suggests that support may be limited in availability and responsiveness. Traders should test response times before depositing significant sums.

Overview compiled by FXCanary from regulatory records and public data. full MENTORS MARKETS review