To Markets

To Markets operates under the domain tofx.com and is registered in Australia, having been founded on June 10, 2020. The broker’s registered address is listed as 5 21 Boolarong Cres Alexandra Headland QLD 4572, Australia. Despite its Australian registration, the broker makes no claim of regulation by ASIC or any Australian financial regulator; instead, its company description references oversight by FINTRAC, a Canadian anti‑money laundering agency.

In FXCanary’s assessment, no independent regulatory licenses from major forex regulatory bodies (such as ASIC, FCA, CySEC, or FSCA) are on file. The broker’s reliance on a FINTRAC registration is unusual for a retail forex broker, as FINTRAC is not a securities or derivatives regulator. This absence of a dedicated trading regulator is a significant factor for traders to consider.

To Markets offers three account tiers tailored to different trader profiles. The Standard account requires a minimum deposit of $200 and provides a maximum leverage of 400:1, targeting retail traders with smaller capital. The VIP account requires a higher minimum deposit of $5,000 and reduces leverage to 200:1, appealing to more experienced traders. The ECN account, with a $20,000 minimum deposit and a maximum leverage of 100:1, is designed for high‑volume or institutional‑style traders.

Leverage levels are relatively high, especially for the Standard account, which may amplify both gains and losses. Traders should note that high leverage can increase risk, particularly in the absence of strong regulatory oversight.

As of our review, To Markets does not hold a licence from any major financial regulatory authority. The broker’s claim of FINTRAC registration (M20254582) pertains to Canada’s financial transaction reporting regime, not to investor protection or trading conduct. FINTRAC’s mandate is anti‑money laundering and counter‑terrorist financing; it does not regulate trading practices, segregate client funds, or provide compensation schemes.

Given this regulatory gap, the protection available to clients is extremely limited. There is no external dispute resolution mechanism, and the broker is not part of any investor compensation fund. Traders should exercise heightened caution when considering deposits with an unregulated entity.

The known facts do not specify the range of instruments or trading platforms offered by To Markets. Based on the account structure, it is likely that the broker provides forex and possibly CFD trading, but this has not been independently verified. The broker’s website (tofx.com) may contain further details, but aggregated industry data does not list specific instrument classes or platform partners.

Traders seeking a diverse asset portfolio or advanced trading technology may find the lack of public information concerning.

Information on payment methods, currencies, and processing times is not available from the known facts or aggregated industry sources. Minimum deposit requirements range from $200 to $20,000 depending on the account type, suggesting that the broker expects clients to fund accounts via bank transfers, credit/debit cards, or possibly e‑wallets. However, without official documentation, these details remain unconfirmed.

Withdrawal policies and fees are also undocumented. Traders should verify these conditions directly with the broker before committing funds.

To Markets is registered in Australia but claims oversight by a Canadian agency, implying it may accept clients from multiple jurisdictions. The lack of a specific regulatory licence means that residents of regulated markets (e.g., EU, UK, Australia) may be restricted or subject to additional risks. The broker’s account tier structure suggests it targets a broad range of traders, from retail to institutional.

However, without clear licensing, the broker’s target clientele remains ambiguous. Traders domiciled in countries with strict financial regulations should verify whether they are eligible to open an account.

FXCanary assigns To Markets a Scam Risk Score of 75 out of 100, categorised as 'Severe'. This rating reflects the absence of a credible financial regulator, reliance on a non‑trading oversight body (FINTRAC), and limited publicly available operational information. While we have found no evidence of outright fraudulent activity, the lack of transparency and regulatory protection raises significant concerns.

Traders should approach this broker with extreme caution. We strongly recommend verifying all claims directly with the broker and considering alternative, regulated brokers for forex and CFD trading.