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/10

CityMarkets

United Kingdom United Kingdom | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

http://citymarkets.com/

Website

Rating Index

Contact

http://citymarkets.com/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
CityMarkets
Email
support@citymarkets.com
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • citymarkets.com
    107.180.51.234
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
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Company Profile

Company Profile

Review summary

CityMarkets Review Summary
Founded1997
Registered Country/RegionVanuatu
RegulationUnregulated
Market InstrumentsFund Management, Forex, Investment Packages
Demo Account
LeverageUp to 1:300
SpreadNot Specified
Trading PlatformNot Specified
Min Deposit$10,000
Customer SupportEmail: support@citymarkets.com

CityMarkets Information

Based in Vanuatu, CityMarkets is an unlicensed broker that was founded in 1997. The broker offers trading options designed for low-risk techniques and specializes in fund management, currency, and investment packages. The $10,000 minimum deposit requirement is extremely large and can prevent smaller investors from participating.

CityMarkets Information

Pros and Cons

Pros Cons
Low-risk fund management servicesUnregulated
Flexible investment packagesHigh minimum deposit of $10,000
No demo account available

Is CityMarkets Legit?

Due to the lack of regulatory control, CityMarkets, an unlicensed broker without any current financial licenses, poses a risk to investors.

Is CityMarkets Legit?

On September 11, 1997, citymarkets.com was registered, and it is still in use today. It was last updated on August 29, 2022, and is scheduled to expire on September 9, 2025.

Is CityMarkets Legit?

What Can I Trade on CityMarkets?

With straightforward and adaptable terms, CityMarkets provides fund management services intended for low-risk trading. Traders can profit from customized investment packages that do not rely on high-risk techniques, spreads, or swap fees.

Instruments/ServisesSupported
Fund Management
Forex
Investment Packages
What Can I Trade on CityMarkets?

Deposit and Withdrawal

Deposit and withdrawal fees are not mentioned by CityMarkets. The minimum deposit requirement is $10,000.

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is CityMarkets safe and reliable?

According to the WikiFX assessment, CityMarkets carries a significant safety concern. Its SkyEye score of 1.55 is extremely low, reflecting a high-risk profile. This score is primarily due to the entity holding no valid regulatory licenses for forex trading. The absence of formal regulation means client funds are not protected by standard industry safeguards, such as segregated accounts or investor compensation schemes.

04-28
United States

Is CityMarkets regulated?

No, CityMarkets is not regulated for forex trading. The WikiFX assessment shows that the entity holds no valid regulatory licenses from any recognized global financial authority. Its official business scope is listed within a 'Suspicious Operational Region', which further underscores the lack of credible oversight.

04-28
United States

What is the minimum deposit of CityMarkets?

The specific minimum deposit requirement for CityMarkets is not publicly disclosed. This lack of transparency makes it difficult for potential clients to assess the initial capital commitment required to open an account with this entity.

04-28
United States

Does CityMarkets support MT4 or MT5?

Based on WikiFX data, CityMarkets exhibits a software index rating of 4.0, which strongly suggests it provides access to MetaTrader platforms, most commonly MT4 or MT5. However, without official confirmation, it is advisable for users to verify the exact platform and its version directly with the entity.

04-28
United States
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