Review summary
Market10, operating as Faraz Financial Services (PTY) Limited, is a broker registered in South Africa with an operational history of 1-2 years. The entity's business scope is flagged as suspicious. While the broker holds a license registration (45518) with South Africa's Financial Sector Conduct Authority (FSCA) for Derivatives Trading, the current regulatory status of this license is marked as Unverified. The overall evaluation yields a very low score of 1.15 out of 10, reflecting significant concerns. Market10 offers four distinct account tiers (BASIC, GOLD, PLATINUM, VIP) with entry requirements ranging from $250 to $250,000, all featuring floating spreads on major pairs and leverage up to 1:400. Scalping and automated trading using Expert Advisors (EAs) are permitted across all account types. As an unverified and unregulated entity, Market10 presents a high-risk profile due to the lack of credible financial oversight and client protection safeguards. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-18)
