FAIR MARKETS

Australia | 10-15 years |

Suspicious Regulatory License | MT4 Full License | Global Business | High potential risk

https://fair.markets/

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Company Summary

FAIR MARKETS Review Summary
Founded	2012
Registered Country/Region	Australia
Regulation	ASIC (Suspicious Clone)
Market Instruments	Forex (36 pairs), Commodities (gold, silver, oil), Cryptos, CFDs, Indices, Stocks
Demo Account	✅
Leverage (forex)	Up to 30:1
Spread	From 0.6 pips (Standard account)
Trading Platform	MetaTrader 4 (MT4), MetaTrader 5 (MT5), Webtrader4, Webtrader5
Minimum Deposit	0
Customer Support	Phone: +61 2 9510 0073
	Email: support@fair.markets
	Address: Level 26, 1 Bligh St, Sydney NSW 2000

FAIR MARKETS Information

FAIR MARKETS, which was founded in 2012 and claims to be licensed in Australia, operates under suspicious cloned ASIC license. The broker provides a diverse selection of trading assets, including forex, indices, commodities, equities, and cryptocurrencies, through MT4, MT5, and online platforms, with both Aussie Premium and Standard accounts available, as well as demo accounts for practice.

Pros and Cons

Pros	Cons
Offers both MT4 and MT5 platforms	Suspiciously cloned ASIC license
Tight spreads on Aussie Premium account	No Islamic (swap-free) accounts
Supports multiple account types
No minimum deposit
No deposit/withdrawal fees

Is FAIR MARKETS Legit?

FAIR MARKETS holds a suspicious cloned license. FAIR MARKETS claims to be regulated by Australia Securities & Investment Commission (ASIC), but the official license with the number 000424122 belongs to TRIVE FINANCIAL SERVICES AUSTRALIA PTY LTD, not FAIR MARKET.

Regulatory License	Australia Securities & Investment Commission (ASIC)
Regulatory Status	Suspicious clone
Regulated by	Australia
Licensed Institution	TRIVE FINANCIAL SERVICES AUSTRALIA PTY LTD
Licensed Type	Market Maker (MM)
Licensed Number	000424122

What Can I Trade on FAIR MARKETS?

FairMarkets provides access to a wide range of goods, including forex (36 currency pairs), key global indexes, commodities (such as gold, silver, and oil), stocks, and cryptocurrencies, allowing traders to diversify their portfolios across asset classes.

Tradable Instruments	Supported
Forex	✓
Commodities	✓
Cryptos	✓
CFDs	✓
Indices	✓
Stocks	✓
Bonds	✗
Options	✗
ETFs	✗

Account Type

FairMarkets offers two types of live trading accounts to fulfill diverse trader needs. Both accounts provide free market data, support algo and EA trading, require no minimum deposit, and have negative balance protection. FairMarkets also provides demo accounts for traders to practice, however there is no clear indication of Islamic (swap-free) account availability.

Account Type	Minimum Deposit	Spread	Commission	Suitable for
Aussie Premium	0	From 0.0 pips	$1 per side	Experienced or professional traders focused on Australian markets
Standard	0	From 0.6 pips	0	Beginners or casual traders wanting zero-commission trading

Leverage

FairMarkets provides leverage in accordance with ASIC regulation limitations, including up to 30:1 for major forex pairs, 20:1 for minor pairs, gold, and major indices, 10:1 for commodities (except gold) and minor indices, 5:1 for stocks, and 2:1 for crypto CFDs. While greater leverage might boost prospective profits, it also raises the danger of loss.

Asset Class	Maximum Leverage
Major forex pairs	30:1
Minor forex pairs	20:1
Gold
Major indices
Commodities (except gold)	10:1
Minor indices	10:1
Stocks	2:1
Crypto CFDs	2:1

FAIR MARKETS Fees

FAIR MARKETS' total fees are lower than industry standards, with tight spreads on its Aussie Premium account (starting at 0.0 pips + $1 commission) and no-commission trading on its Standard account (spreads beginning at 0.6 pips).

Account Type	Spread	Commission
Aussie Premium	From 0.0 pips	$1 per side (on select AUD crosses, oil, gold, silver, ASX 200)
Standard	From 0.6 pips	0

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MetaTrader 4 (MT4)	✔	Windows, macOS, iOS, Android, Web	Beginners
MetaTrader 5 (MT5)	✔	Windows, macOS, iOS, Android, Web	Experienced traders
Webtrader4	✔	Web	Traders prefer no software download (MT4)
Webtrader5	✔	Web	Traders prefer no software download (MT5)

Deposit and Withdrawal

FAIR MARKETS does not impose any deposit or withdrawal fees. The minimum deposit varies by method, however credit cards often have a modest minimum.

Deposit Options

Deposit Method	Deposit Fees	Deposit Time
Credit Card	0	Instant
Bank Transfer		Longer (depends on bank)
E-Wallet (Skrill)		Fast (depends on provider)

Withdrawal Options

Withdrawal Method	Withdrawal Fees	Withdrawal Time
Credit Card	0	Funds returned to the same card used for deposit
Bank Transfer	0	Same method as deposit, time depends on bank

User Reviews 29

All (29) Positive (7) Neutral (2) Exposure (20)

I heard from a friend that there is a 100 bonus for answering questions on this platform, so I immediately registered and participated in the answering activity of "Learning to Get Rich". I registered on August 17, 2023, and have not been reviewed since then. The activity was canceled suddenly during the review period, and it took 5 days to complete the review. The bonus was not given, so I sent an email saying that the event will end on the 16th. Then I am speechless, when I registered at 17, the homepage clearly showed this event. Isn't this a fraud? Don't go to this kind of untrustworthy platform. I registered for nothing and used my ID card and driver's license. I don't know if this kind of unscrupulous platform will be used to do bad things. Resolutely expose that there should be a "Learn to Get Rich" answering activity in the lower column of their interface, and it will be canceled at any time, and it will be handled without a trace.

Hong Kong

What an unscrupulous platform! ! ! !

Withdrawal of 50,000 US dollars will charge me a channel fee of 900 US dollars. Funding was also delayed by a month. I don't know why the channel fee is so expensive.

Hong Kong

I used QQ to add friends to chat, and at first it's said that would have a teacher to recommend stocks. Later, I added friends on Mos Talk and joined the group. Then I was led to do forex, but finally I couldn’t withdraw cash.

Now the scammer's TikTok account is still active. I hope everyone will not be tricked again! These two are members of the scam gang, everyone pay attention!

Hong Kong

Maximize Trading Potential with FAIR MARKETS: High Leverage & Competitive Deposits

FAIR MARKETS offers traders high leverage options, which is great for those looking to maximize their trading potential. Plus, their minimum deposit is very competitive, making it easy for traders to get started. I'm really impressed with their platform and would definitely recommend them to anyone looking for a reliable broker.

Netherlands

Satisfactory Trading Experience at Fair Markets: Consistent Spreads, No Slippage Issues

I opened a standard account with Fair Markets about a year ago, primarily focusing on trading a few simple currency pairs. My daily trading volume isn't particularly high, but I've found the overall experience to be quite satisfactory. While the spreads offered by Fair Markets aren't the most competitive in the market, they are reasonable and consistent. What I appreciate most is the lack of slippage.

New Zealand

Low Entry Barrier with Free Live Sessions: Perfect for Novice Learners!

The entry threshold is low, suitable for novices like me, and there are free live broadcasts to listen to, not bad!

Hong Kong

Stable Trading Platform, Old Friend's Recommendation Proves Worthy

The platform recommended by an old friend has been trading for a while, and it is really good! The trading environment is stable and worth recommending!

Malaysia

Multi-Platform Trial: FairMarkets Stands Out with Positive Experience and Patient Account Management

At the same time, I opened accounts on several platforms and wanted to test which platform is better. FairMarkets currently has a relatively good experience, and the account manager is very patient and hopes to continue to maintain it.

2023-07-21

Malaysia

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