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Abstract:Is DuraMarkets legit? Our review reveals its unregulated status, high leverage risks, and whether it’s safe for trading forex & crypto.
DuraMarkets is an unregulated broker registered in Comoros, offering trading on MetaTrader 4 (MT4) with leverage up to 1:1000. While it provides access to forex, crypto, commodities, and indices, the lack of regulatory oversight raises serious concerns about fund security and fair trading practices.
No. DuraMarkets is registered in Comoros but lacks oversight from any recognized financial regulator.
No. Since it is unregulated, client funds are not segregated, and there is no compensation scheme in case of insolvency.
Only MetaTrader 4 (MT4). MT5 is not available.
$10, which is low compared to regulated brokers.
DuraMarkets claims no withdrawal fees, but processing times and limits are unclear.
Regulated by | Country | Licensed Entity | Regulatory Level | License Type | License Number |
None | Comoros | DuraMarkets | Unregulated | None | None |
Important Note: Trading with an unregulated broker like DuraMarkets carries high risk. We recommend choosing brokers licensed by FCA, ASIC, or CySEC for better investor protection.
Pros | Cons |
✅ MT4 available | ❌ No regulation |
✅ Demo & swap-free accounts | ❌ No transparency on withdrawals |
✅ Low minimum deposit ($10) | ❌ High leverage (1:1000) increases risk |
Investor protection varies across different regulatory authorities, and some jurisdictions may not offer compensation funds or negative balance protection. It is recommended to prioritize brokers with sound regulatory status.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.