About Plus Market Ltd
Company Overview
Plus Market Ltd is a company registered in the United Kingdom, established on 19 April 2021. It operates as an online retail broker, providing traders with access to various financial instruments through its proprietary platform. The company's official website is plus-fx.com.
According to its registration details, Plus Market Ltd is a limited company incorporated in England and Wales. However, beyond its corporate registration, there is little publicly available information about the firm's operational history or market presence.
Regulation and Safety
Our records indicate that Plus Market Ltd does not hold any regulatory licence from a recognised financial authority. This is a significant concern for traders, as unregulated brokers operate outside the oversight of bodies like the Financial Conduct Authority (FCA) in the UK or other major regulators.
Without regulatory supervision, there are no guarantees regarding client fund segregation, dispute resolution, or adherence to financial standards. Traders should exercise extreme caution when considering an unregulated broker, as the risk of fraud or mismanagement is considerably higher.
Trading Platforms
Plus Market Ltd offers the MetaTrader 5 (MT5) platform for trading. MT5 is a widely used multi-asset platform known for its advanced charting tools, automated trading capabilities, and support for various order types.
While MT5 is a robust platform, the broker does not appear to offer alternative platforms such as MetaTrader 4 or proprietary web-based solutions. Traders who prefer MT5 may find the platform familiar, but the lack of regulatory backing remains a key risk.
Account Types
The broker claims to provide different account types tailored to users of varying experience levels and capital sizes. Typical account tiers may include standard, premium, or VIP accounts, though specific details such as minimum deposits, spreads, and leverage are not disclosed in public records.
Traders should be aware that without clear account terms, it is difficult to assess the true cost of trading or compare offerings with regulated brokers. Any claims about account features should be independently verified before depositing funds.
Financial Instruments
Plus Market Ltd enables trading in a range of financial instruments, likely including forex, commodities, indices, and possibly cryptocurrencies. The exact product list is not confirmed, as the broker's website may not provide comprehensive details.
Given the broker's unregulated status, the availability of certain instruments and the terms of trading (e.g., leverage limits, margin requirements) may differ from those offered by regulated entities. Traders should proceed with caution and seek full disclosure before trading.
Funding and Withdrawal
Information about deposit and withdrawal methods is scarce. Typical unregulated brokers may accept bank transfers, credit/debit cards, or cryptocurrencies, but no specific methods are confirmed for Plus Market Ltd.
Without clear funding policies and the absence of regulatory oversight, there is a heightened risk that withdrawal requests may be delayed or denied. Traders should only invest what they can afford to lose and consider the lack of recourse in case of disputes.
Customer Support
Customer support details for Plus Market Ltd are not readily available. A legitimate broker typically provides multiple contact channels such as live chat, email, and phone support.
The absence of transparent support information adds to the overall risk profile. Traders needing assistance may find it difficult to resolve issues, further underscoring the importance of choosing a well-regulated broker.
Overview compiled by FXCanary from regulatory records and public data. full Plus Market Ltd review