Brokers  /  Torch Markets

Torch Markets

Moderate riskForex / CFD broker
🇬🇧 United Kingdom · 5-10 years · since 2019-09-11 · Silicon Markets Ltd
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.57/10
Trustpilot/5
Forex Peace Army/5
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No sign that Torch 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.
48
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • 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 age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
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 nameSilicon Markets Ltd
Headquarters🇬🇧 United Kingdom
Founded2019-09-11
Years operating5-10 years
Employees0
Official websitetorchmarkets.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

Torch Markets is a UK-registered but unregulated broker with a guarded risk score of 48/100. The complete lack of regulatory oversight and very limited public information make it impossible to recommend for retail traders. The safest course is to avoid any broker that cannot demonstrate valid authorisation from a reputable financial authority.

Best for
  • None — insufficient information to recommend
Not for
  • Traders seeking regulatory protection
  • Those requiring transparent fee structures
  • Investors who prioritise dispute resolution mechanisms
Period:

Real user reviews

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About Torch Markets

Company Overview

Torch Markets is a UK-registered entity founded on 11 September 2019. The company operates under the domain torchmarkets.com. Despite its registration in the United Kingdom, Torch Markets does not hold any known regulatory licences from the Financial Conduct Authority (FCA) or any other major financial regulator.

This absence of regulatory oversight places the broker in a high-risk category for traders. The lack of a regulatory framework means there are no guarantees of fund segregation, compensation schemes, or independent dispute resolution. Traders considering Torch Markets should be aware that they operate with minimal external oversight.

Regulatory Status

Our records indicate that Torch Markets has no regulators on file. This is a significant red flag because regulation is typically the first layer of protection for retail clients. Without it, clients have no recourse to a financial ombudsman or compensation scheme in case of disputes or broker insolvency.

FXCanary’s Scam Risk Score for Torch Markets stands at 48 out of 100, which is classified as 'Guarded'. This score reflects the uncertainty and potential risks associated with an unregulated broker. While a score of 48 does not automatically mean the broker is a scam, it signals that independent verification is extremely difficult and caution is warranted.

Available Information

Publicly available information about Torch Markets is very limited. No official marketing materials, account types, trading platforms, or fee structures could be independently verified from the web search. The absence of such details makes it impossible to assess the broker’s service quality or reliability.

Potential clients should approach any unregulated broker with extreme caution. Without verifiable information, the risk of misrepresentation or financial loss is heightened. Traders are strongly advised to only use regulated brokers that provide transparent details about their operations.

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