Virtual Markets

Virtual Markets Ltd exhibits significant credibility concerns, as reflected by its exceptionally low WikiFX SkyEye Score of 1.34 and a profile categorised as a 'Suspicious Scope of Business'. The entity operates from Saint Lucia without any verified mainstream regulatory licenses, which removes the standard client protections and financial oversight associated with credible forex brokers. While it offers account types like Pro Trading and Ultra Trading that support scalping and Expert Advisors, the lack of publicly disclosed critical metrics such as minimum deposits, leverage, or spreads further complicates its assessment.

Virtual Markets Ltd is not regulated by any recognized financial authority. The company is registered offshore in Saint Lucia and operates entirely without a formal forex trading license. This unregulated status means it is not bound by capital adequacy requirements, client fund segregation rules, or independent dispute resolution mechanisms that are standard for regulated entities, resulting in a high-risk operational environment for traders.

The broker operates under the full legal name Virtual Markets Ltd. The entity has been active in the market for approximately 2 to 5 years and is registered in Saint Lucia.

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

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Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

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