✔️ Information reviewed and updated in December 2023 by Eduardo López
Opinions and information about the 555Markets broker
¿It is the really trustworthy 555Markets (aka 555markets.com) broker? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The 555Markets broker is a broker of: Forex and CFDs.
The broker mentions to be part of: Glastrox Trade Ltd and Fivecircles Limited
555Markets is based in: Cambodia, Cyprus, Marshall Islands and Vanuatu.
If we talk about regulation, 555Markets is: They mention being a regulated broker but do not provide information to verify the regulation, we believe it is an unregulated broker trying to impersonate a regulated one
We will continue to analyze the different account types that 555Markets offers. In the case of 555Markets we note that they do not provide information about having different plans or types of accounts.
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The platforms used to operate are: we create 555Markets own platform.
Now, yes, we will go on to analyze the different resources and aids that the company provides to traders on its website: some explanations of the products that 555Markets offers, explanation of some basic concepts of the world of trading, glossary, some live charts, really not much else.
Additional information about the company
Phone number: +61 283 116 672
E-mail: [email protected]
Clarification: The investment company 555Markets works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.
Why? It is an unregulated broker, it is not clear where they are based, when looking for information and other evaluations about 555Markets we could not find any other valuation, which makes us think that it is a "new" company. They mention Fivecircles Limited of which the broker is also part FGMarkets, a broker with a negative reputation.
❗ June 2020 update: CNMV, the financial regulator of Spain, has Reported to 555Markets for fraudulent activities.
❗ August 2021 update: CMVM, Portuguese financial regulator, You have reported 555Markets for fraudulent activities.
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