Foti Markets

Foti Markets is registered in the Comoros and holds no valid mainstream forex trading licenses. With a WikiFX overall score of 1.23 out of 5, the broker operates without regulatory oversight, which introduces significant counterparty risk. The lack of a credible regulatory framework means there is no independent mechanism to ensure client fund segregation or fair treatment. Traders should exercise extreme caution and fully understand the risks before considering any engagement.

According to WikiFX data, Foti Markets does not hold any active forex trading licenses from recognized regulators. Its regulatory status is listed as 'Not Regulated,' and no license details are available in our records. The absence of oversight from authorities such as the FCA, ASIC, or CySEC means the broker operates outside established supervisory frameworks.

Foti Markets requires a minimum deposit of just $10 to open either its Raw or Standard account. This low entry barrier makes the broker accessible to traders with limited capital, though it does not offset the risks associated with its unregulated status.

Foti Markets does not publicly disclose which trading platforms it offers. While many brokers provide MetaTrader 4 or 5, this information has not been confirmed for Foti Markets. Traders should contact the broker directly or consult the official website to verify platform availability before opening an account.