Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
WikiFX Review: Dominion Markets, too good to be real?
Abstract：Dominion Markets, a forex broker founded in 2020 currently caught our eye. Is this broker reliable? This article may give you some clues.
About Dominion Markets
Founded in 2020 and registered in Saint Vincent and the Grenadines, Dominion Markets is an online ECN Forex broker that was established to provide trading environments on MetaTrader 5 for traders across the globe. The firm was organized by a team of traders and educators to provide a competitive and fair environment for its clients to trade in. The broker offers over 200 forex pairs, major indices, and other financial instruments. However, WikiFX has given this broker a fairly low score of 1.32/10. Why？
Regulation
According to WikiFX, this broker is not a regulated broker. This means that this broker does not hold a legitimate license from any regulatory institution. Traders who are interested in Dominion Markets should be aware of the potential risks related to this broker.
Account Types
Dominion Markets allows traders to choose the account type that meets their trading needs from a choice of two live trading account options: Standard STP and Pro accounts. The minimum deposit required to start trading is $100. PRO accounts offer spreads from 0.0 pips with a commission charge of $3.50 per 100K traded based on the USD notional value. Standard accounts offer spreads from 1 pip with no additional commission charges. Additionally, a demo account is available for practice purposes.
Exposure
WikiFX has received a couple of complaints against this broker from the traders. The problem that people complained about the most lies in withdrawal rejection, which is a typical characteristic of scams.
User Reviews
The interesting thing is, when you check the Dominion Markets page on WikiFX, you will find that in the “User Reviews” section, there are up to 22 comments about this broker and most of these comments are positive and many traders gave this broker a 5-star rating.
Restricted Regions
Founded in 2020, Dominion Markets is an online ECN Forex broker that was established to provide trading environments on MetaTrader 5 for traders across the globe.
Feedback on Social Media Platforms
Conclusion
Due to its low score and unregulated status, we advise people to do more research and make themselves comfortable before making any action.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Charles Schwab Review: Traders Claim Illegitimate Profit Cancellation, Trade Manipulation & More
Have you been lured into the Charles Schwab app for trading on the back of outrageous profit claims by the broker? Did you fail to receive any of these? Does the broker deny withdrawals every time you request and cancel your forex trading account? Have you been victimized financially by its trade manipulation? Act before you are left with a NIL balance in your account. Many traders have questioned Charles Schwab customer service and many other operational executives for the aforementioned illegitimate trading activities. In this Charles Schwab review article, we have shared some of their comments. Read on!
Original Two days ago
AMP Futures Exposed: Traders Raise Alarms Over Illegitimate Account Blocks & Bad Customer Service
Has AMP Futures blocked your forex trading account? Does it fail to provide any explanation for this act? Do you face issues concerning deposits to your AMP Futures account? Is the customer service non-existent for any trading query you raise with it? You are not alone! Many traders have been facing these issues upon AMP Futures login. Some of them have commented on AMP Futures review platforms. In this article, we have shared some reviews that you can look at. Read on!
Original Two days ago
FXGlory Review: Vanishing Profits, Capital Scams & Withdrawal Charges Keep Annoying Traders
Does FXGlory remove all your forex trading account balances upon fund withdrawal requests? Or do you witness incorrect trading account balances after fund withdrawals? Does the Saint Lucia-based forex broker charge you for fund withdrawals? All these and many more scam-related complaints have been filed against the forex broker. In this FXGlory review article, we will discuss several complaints. Read on!
Original Two days ago
PINAKINE Broker Review: A Complete Look at Its Services and Risks
Finding a trustworthy broker from the huge and often confusing world of online trading options is one of the biggest challenges a trader faces. In this competitive market, PINAKINE Liquidity Limited has appeared, getting attention with promises of high leverage and zero-commission trading. However, a closer look shows important factors that every potential client must think about before investing. The most important thing to consider with PINAKINE is that it has no regulation. This fact completely changes how risky the broker is and has major effects on how safe your investments will be. This review gives a complete and fair examination based on information available to the public. We will break down its services, trading conditions, platform technology, and the possible risks involved, helping you make a fully informed decision.
Original Two days ago
WikiFX Broker
Latest News
Stonefort Securities Review: A Fair Look at Safety, Rules, and What Traders Say
WikiFXTrump asks for meat packer probe over beef prices
WikiFXVoices of the Golden Insight Award Jury | Tim Waterer, Chief Market Analyst of KCM Trade
WikiFXProp Firm Scams: When ‘Getting Funded’ Costs You Everything
WikiFXPINAKINE Broker Review: A Complete Look at Its Services and Risks
WikiFXOne-Click Access to Broker Official Group Chats & Exclusive VPS Benefits
WikiFXEasy Money Doesn't Exist! High-Return Promise Turned into an RM44,000 Scam
WikiFXFXGlory Review: Vanishing Profits, Capital Scams & Withdrawal Charges Keep Annoying Traders
WikiFXCharles Schwab Review: Traders Claim Illegitimate Profit Cancellation, Trade Manipulation & More
WikiFXIs EclipseTrading.com a Legit Broker or a Scam?
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate