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FAIR MARKETS Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!

FAIR MARKETS Broker Review

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FAIR MARKETS Review 1

Latest All(1) Exposure(1)
Exposure
Fraud gangs committed crimes, tricked people into operating international market, and operated with full positions for others, resulting in the inability to close positions. So far, they have been unable to withdraw money, I went bankrupt, and suffered huge losses

In QQ, I was pulled into the WeChat by a man named Buwangchuxin (Big brother Jun), my stock was operated by Qiao Feng and Wang Shoucheng. Later they said the market was not good and he wanted to do CSI 300 and international gold. I was afraid of losing money and didn't intend to do the international market. Jun, who seemed enthusiastic, agreed to help me operate, so under his urging countless times, I transferred 70,000 US dollars, and I did make a lot of money during the process. One day he said that he would not help me with the operation, and asked Lao Wang to operate. One night before going to bed, I operated three orders by myself, and the prepayment ratio was more than 800. When I woke up in the morning, the prepayment ratio of the full warehouse operation became 101. I couldn’t balance it. I asked Wnag and he said that he just wanted to help me earn more money and operate more radically. I asked him to take that responsibility, but he refused it. He asked me to handle it myself. He asked Manager He, he said he needed to add 91,000 to close the position, so he poured all his money and added 91,000, but still couldn’t close the position. He asked Manager He again and said that he needed to add another 200,000, but he still couldn’t close the position, so he added another 50,000 , barely closed the position. When I closed all the orders and operated withdrawal, I realized that there was no withdrawal at all. Manager He said that there was a risk of theft due to abnormal login operation accounts, and I needed to add 20,000 US dollars for authentication and exchange. I was crazy, I had already given up everything, and I was crazy about borrowing money. Qiao Feng said that the application should be reported to the higher-level department for negotiation. I applied immediately, but at the same time I found that my trading account had been closed.

jj6935
2023-07-02

  

Fair Markets 2025 Review: Everything You Need to Know

  Fair Markets has garnered a mix of opinions in the online trading community, with many users expressing concerns about its reliability and customer service. Notably, the broker offers a diverse range of trading instruments and flexible account conditions, but its offshore regulation raises red flags for potential investors. This review aims to provide a comprehensive overview of Fair Markets, highlighting both its strengths and weaknesses based on user experiences and expert analyses.

  Note: It is important to consider that Fair Markets operates under different entities in various jurisdictions, which may affect the level of protection and regulation applicable to traders. Therefore, it is advisable to conduct thorough research before engaging with this broker.

  

Rating Summary

Category Score (out of 10)
Account Conditions 6.5
Tools and Resources 5.0
Customer Service and Support 4.0
Trading Experience 5.5
Trustworthiness 4.0
User Experience 5.5

  We evaluate brokers based on user feedback, expert analysis, and regulatory compliance.

  

Broker Overview

  Founded in 2020, Fair Markets is an online trading platform that provides access to a variety of financial instruments, including forex, commodities, stocks, indices, and cryptocurrencies. The broker is regulated by the Australian Securities and Investments Commission (ASIC) and the Financial Services Commission (FSC) of Mauritius. Fair Markets supports popular trading platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5), offering traders a robust trading environment.

  

Detailed Analysis

  • Regulated Geographical Areas: Fair Markets is regulated in Australia and Mauritius. The oversight by ASIC is a positive aspect; however, the offshore regulation in Mauritius may not provide the same level of investor protection as other jurisdictions.
  • Deposit/Withdrawal Currencies/Cryptocurrencies: Fair Markets allows deposits and withdrawals in multiple currencies, including USD, EUR, and GBP. However, it does not currently support cryptocurrency transactions.
  • Minimum Deposit: The minimum deposit requirement is notably low, starting at just $1 for most account types, making it accessible for new traders.
  • Bonuses/Promotions: Fair Markets offers a "Learn and Earn" program, where traders can earn bonuses by participating in quizzes, which is a unique feature not commonly found among brokers.
  • Tradeable Asset Classes: The broker provides a wide range of assets, including 47 currency pairs, various commodities, and CFDs on stocks and cryptocurrencies, appealing to diverse trading strategies.
  • Costs (Spreads, Fees, Commissions): Spreads start at 0 pips on the Raw Zero account, but commissions of $10 per lot apply. For other accounts, spreads are generally higher, ranging from 0.6 to 1.2 pips.
  • Leverage: Fair Markets offers leverage up to 1:400, which can be attractive for traders looking to maximize their positions, although it also increases risk.
  • Allowed Trading Platforms: The broker supports MT4 and MT5, both of which are highly regarded in the trading community for their advanced charting and analysis tools.
  • Restricted Regions: Fair Markets is not available for residents in certain jurisdictions, including the United Kingdom, which may limit its accessibility for some traders.
  • Available Customer Service Languages: Customer support is available in nine languages, providing a good level of accessibility for international traders.

  

Rating Breakdown

  • Account Conditions (6.5/10): Fair Markets offers a variety of account types with low minimum deposit requirements, making it attractive for new traders. However, the lack of transparency regarding withdrawal fees is a concern.
  • Tools and Resources (5.0/10): While the broker provides access to MT4 and MT5, the educational resources are limited, which may not suffice for beginners.
  • Customer Service and Support (4.0/10): User reviews indicate that customer service can be slow and unresponsive, particularly regarding withdrawal requests.
  • Trading Experience (5.5/10): Users have reported mixed experiences with trade execution speeds, with some citing slippage issues during volatile market conditions.
  • Trustworthiness (4.0/10): The offshore regulation and mixed user reviews raise concerns about the broker's reliability and safety.
  • User Experience (5.5/10): Overall user experience appears to be average, with some traders appreciating the low minimum deposit and range of assets, while others express dissatisfaction with the service.

  

Conclusion

  In summary, the Fair Markets review indicates that while the broker offers attractive account conditions and a broad range of trading instruments, potential users should exercise caution due to its offshore regulation and mixed reviews regarding customer service. It is advisable for traders to conduct thorough research and consider their risk tolerance before engaging with Fair Markets. Always ensure that you are comfortable with the level of protection and regulatory oversight applicable to your trading activities.

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