Duo Markets vs Fake IC Markets
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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Safer pick Fake IC Markets leads on safety — winning 2 of 3
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
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
—
$200
Max leverage
—
500:1
Min spread (best acct)
—
—
Commission
—
—
Cost grade
—
—
Account types
0
✓3
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 willing to take on extreme risk with an unverified offshore broker, Those seeking high leverage of up to 500:1 on a small minimum deposit
Not for
Risk-averse traders seeking strong regulatory oversight, Investors who prioritise transparency on fees and funding, Those who require clear withdrawal processes
Traders who value regulatory protection and transparency, Investors looking for a broker with a solid reputation and independent reviews, Anyone who prefers clear disclosure of spreads, commissions, and funding methods
Products & Funding
Instruments
—
--
Deposit methods
—
--
Withdrawal
—
--
Execution
Speed
—
—
Slippage
—
—
Swap cost
—
—
Company
Founded
2021-08-17
2021-07-05
Headquarters
🇿🇦 South Africa
🇸🇨 Seychelles
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.