About WiredMarket
Company Overview
WiredMarket is a brokerage firm registered in Greece, operating under the official domain wiredmarket.com. The company was established on January 21, 2020, and its registered address is located at Dragatsaniou 6, Athens, 10559, Greece.
According to our records, WiredMarket presents itself as an online trading provider, though detailed information about its founding team or corporate structure is not publicly available. The broker appears to target a range of traders with different account tiers, but its operational history remains relatively short.
Regulatory Status
A critical aspect of WiredMarket’s profile is the absence of any known regulatory licenses. Our records indicate that the firm has no registered regulators, meaning it does not operate under the oversight of a recognized financial authority such as the Hellenic Capital Market Commission (HCMC) or any other EU or international regulator.
This lack of regulation introduces significant risk for traders, as there is no external body ensuring compliance with financial standards, client fund segregation, or dispute resolution mechanisms. Traders considering WiredMarket should be aware that they would have limited recourse in the event of any issues.
Account Types and Minimum Deposits
WiredMarket offers three distinct account types: Mini, Standard, and Exclusive. The Mini account requires a minimum deposit of $1,000, making it the entry-level option. The Standard account demands a $5,000 minimum deposit, while the Exclusive account requires a substantial $20,000 minimum deposit.
Each account tier is designed to cater to different levels of trading capital, but the broker does not disclose specific maximum leverage figures for any of the accounts. This lack of transparency on leverage makes it difficult for traders to assess the risk associated with each account type.
Suitability and Target Audience
Given the high minimum deposit requirements, WiredMarket appears aimed at intermediate to high-net-worth traders rather than beginners. The Mini account’s $1,000 entry point may still be prohibitive for new traders looking to start with smaller amounts.
Without regulatory oversight and with limited public information, WiredMarket is best suited for experienced traders who are comfortable operating in unregulated environments and have conducted their own due diligence. The broker may appeal to those seeking higher account tiers with potentially personalized services, though no such details are confirmed.
Risk Considerations
The most prominent risk with WiredMarket is its unregulated status. FXCanary’s Scam Risk Score of 48/100 places the broker in the Guarded category, reflecting significant concerns due to the absence of regulatory supervision and limited transparency.
Traders should also note that the broker’s instruments are not listed in our records, leaving a gap in understanding what products are available. Combined with the lack of regulatory protection, this makes WiredMarket a high-risk choice for most retail traders.
Overview compiled by FXCanary from regulatory records and public data. full WiredMarket review