Duo Markets vs Fake FXTM

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

Safer pick Fake FXTM leads on safety — winning 2 of 3 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.

D Duo Markets Forex

34/100 risk

🇿🇦 South Africa

Read review →

F Fake FXTM Forex

85/100 risk

🇲🇺 Mauritius

Read review →

Safety & Trust

Scam-risk scoreⓘ lower = safer

✓34

85

Verdict

Guarded

Severe

Regulatedⓘ

Yes

Yes

Licenses

1

✓3

Tier-1 regulatorsⓘ

0

✓2

Trustpilot score

4.7

—

Reviews collected

255

—

Exit riskⓘ lower = safer

—

—

Known clonesⓘ

0

0

Regulator warnings

0

0

Cost & Accounts

Min deposit lower = easier to start

—

—

Max leverage

—

—

Min spread (best acct)

—

—

Commission

—

—

Cost grade

—

—

Account types

0

0

Best for

Suits

Traders comfortable with high leverage (up to 1:500), Users of MT4/MT5 platforms, Those seeking a demo account to test strategies

Traders who are fully aware of the severe risk flags and still choose to proceed, Experienced traders who can verify the regulatory status independently

Not for

Risk-averse traders seeking strong regulatory oversight, Investors who prioritise transparency on fees and funding, Those who require clear withdrawal processes

New or inexperienced traders, Investors seeking a regulated and transparent broker, Traders who prioritise reliable withdrawals

Products & Funding

Instruments

—

—

Deposit methods

—

—

Withdrawal

—

—

Execution

Speed

—

—

Slippage

—

—

Swap cost

—

—

Company

Founded

2021-08-17

2021-07-05

Headquarters

🇿🇦 South Africa

🇲🇺 Mauritius

Employees

0

0

✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.

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