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No Regulation

Score

0 1 2 3 4 5 6 7 8 9

/10

WM Markets

Comoros | 1-2 years |

Suspicious Regulatory License | White label MT4 | Global Business | High potential risk

http://en.wmmarkets.com/

Website

Open Account Time Machine

Rating Index

MT4/5 Identification

MT4/5

White Label

WMMarkets-DEMO

United Kingdom

MT4

Influence

Influence index NO.1

United States 2.81

MT4/5 Identification

White Label

Server Name

WMMarkets-DEMO MT4

Server Location

United Kingdom

Influence

Influence index NO.1

United States 2.81

Surpassed 20.20% brokers

Biz Area Search Statistics Advertising Social Media Index

Contact

+44 1613940573

support@wmmarkets.com

http://en.wmmarkets.com/

Bonovo Road, Fomboni, Island of Moheli, Comoros Union

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!

2025-11-02

It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

Comoros

Operating Period

1-2 years

Company Name

WM Markets Ltd

Customer Service Email Address

support@wmmarkets.com

Contact Number

+441613940573

Company Website

http://en.wmmarkets.com/

R Y

Verified

Japan

The name has changed, but this is a long-established brokerage firm that has been around for a while. You can trade without any issues, and their support is solid—I highly recommend them.

Positive

07-29

EMMANUEL JIDEOFOR

Unverified

Netherlands

This broker was disappointing — slow trade execution, limited withdrawal options, and poor customer service. Not what I expected.

Neutral

07-28

FX2563990896

Verified

Japan

The spread is narrow. I didn't feel much slippage either. I haven't tried withdrawing yet.

Positive

07-26

FX2563990896

Verified

Japan

我觉得价差很小。我签约的时候没感觉到什么压力。提款速度快稳定。

Positive

07-26

Account

Related Software

Biz Area

Website

Company Summary

Wiki Q&A

Comment

Account

Environment

--
Currency

--
Maximum Leverage

1:1000
SupportedEA
Minimum Deposit

$50
Minimum Spread

from 1.0
Depositing Method

--
Withdrawal Method

--
Minimum Position

0.01
Commission

$0 commission on Forex CFDs $8 Commission on Crypto CFDs/Round Lot $0 commission on all other CFDs
Products

--

Products

Updated： 2025-11-02

MT4/5

White Label MT4

White Label MT5

MT4 Servers

MT5 Servers

164.07

Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 4

Perfect

Meta Trader 5

Perfect

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Score

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ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License

Details

Official website

Website

wmmarkets.com

172.67.198.33

Server Location

United States
ICP registration

--
Most visited countries/areas

--
Domain Effective Date

--
Website

--
Company

--

Company Summary

WM Markets Review Summary
Founded	2019-10-31
Registered Country/Region	Comoros
Regulation	Unregulated
Market Instruments	Forex, Commodities, Stocks, Cryptocurrencies, Indices, ETFs, Energies, and Treasuries
Demo Account	✅
Leverage	Up to 1:1000
Spread	From 0.0 pips
Trading Platform	MT5 (Desktop, Mobile, and Web), MT4 (PC, Mac, Android, iOS, Web, Tablet, iPhone, iPad), WM Markets App
Min Deposit	$50
Customer Support	support@wmmarkets.com
	+44 1613940573
	Bonovo Road, Fomboni, Island of Moheli, Comoros Union

WM Markets Information

WM Markets is a global financial trading platform that offers trading services for multiple asset classes, including foreign exchange (Forex), contracts for difference (CFDs), and stocks. It supports trading via MT4, MT5, and mobile applications, and provides a loyalty rewards program, making it suitable for traders of different experience levels.

Pros and Cons

Pros	Cons
Multiple trading instruments	Unregulated
Spreads as low as 0.0 pips (Forex)	Opaque cryptocurrency leverage
$0 commission (stocks and ETFs)	Missing account types
MT4 and MT5 available

Is WM Markets Legit?

In fact, WM Markets is not regulated, and the WM Markets website does not clearly disclose specific regulatory authorities (such as FCA, ASIC, etc.) and license information.

What Can I Trade on WM Markets?

The platform supports trading of multiple asset classes (all traded as CFDs), such as forex, indices, stocks, commodities, energies, cryptocurrencies, treasuries, and ETFs. Specific products include:

Over 45 currency pairs, such as AUDUSD and EURUSD.

15+ major global indices, such as the S&P 500 and Dow Jones Industrial Average.

100+ popular stocks, such as Apple, Microsoft, and NVIDIA.

Soft commodities like coffee and sugar, and precious metals like gold and silver.

Energies include crude oil (Brent, WTI) and natural gas.

Leading cryptocurrencies like Bitcoin and Ethereum.

U.S. Treasury futures, German Bund futures, and exchange-traded funds (ETFs) with $0 commission to support diversified investing.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Cryptocurrencies	✔
Indices	✔
ETFs	✔
Energies	✔
Treasuries	✔

Account Type

The VIP ZERO account is specially tailored for high-net-worth individuals. The WM Markets VIP ZERO account is suitable for holders of ZERO MT4 and ZERO MT5 trading accounts. The Prime account is more suitable for beginners.

Account Type	Zero	Prime
Suitable for	Forex pros	Beginner traders
Minimum Deposit	$1000	$50
Spreads from	0.0 pips	1.0 pips
Max Leverage	1:1000	1:1000
Commission	$8 (Forex & Metals CFDs/Round Lot)	$8 (Crypto CFDs/Round Lot)
Commission	$0 (all other CFDs)	$0 (all other CFDs)
Islamic / SWAP Free	NOT available	Available
Negative Balance Protection	Yes	Yes
Training provided	No	Yes
Stop Out Level	20%	20%
Margin Call Level	100%	100%

WM Markets Fees

Different markets have different fee requirements for trading. For example, the spread for foreign exchange can be as low as 0.0 pips (such as AUDUSD), and there is a $0 commission for stock and ETF trading.

Trading Platform

Traders can experience automated trading (EA) and multi-account management functions through the MT5 desktop, mobile, and web versions. In addition, the platform also offers the WM Markets App, designed specifically for mobile trading, including copy trading.

Keywords

1-2 years
Suspicious Regulatory License
White label MT4
White label MT5
Global Business
High potential risk

Wiki Q&A

Aman A

1-2 years

What is the minimum deposit at WM Markets?

WikiFX Reply

The minimum deposit at WM Markets is $50, and it is provided by the Prime account.

Does WM Markets have commissions?

WikiFX Reply

Yes, CFDs on Crypto, Forex, and Metals will charge $8/Round Lot, depending on the account, and CFDs for other markets are free of charge

What trading platform does WM Markets offer?

WikiFX Reply

WM Markets offers two trading platforms: MT5 and the WM Markets App. Through MT5’s desktop, mobile, and web versions, traders can use automated trading (EA) and multi-account management, while the WM Markets App, designed specifically for mobile trading, includes copy trading.

Is WM Markets regulated?

WikiFX Reply

No, WM Markets is not regulated by any financial institution, and traders should be vigilant and pay attention to the safety of their funds when trading.