Item: Funda Markets
Rating: 1.35

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Official website

Website

fundamarkets.com

Server Location

United States
Most visited countries/areas

--
Website Domain Name

fundamarkets.com
ICP registration

--
Website

--
Company

--
Domain Effective Date

--
Server IP

172.67.200.43

Genealogy

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Relevant Enterprises

Company name	Related sources	Registration No.	Established
FunDa Markets Limited(Canada) (undefined) Deregistered Canada	Website Announcement	13061051	2022-08-28

Employees

RYAN ADAM BISHOP

Director

Start date

--

Status

Employed

FunDa Markets Limited(Canada)

Company Summary

Funda Markets Review Summary
Founded	2022
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	No regulation
Market Instruments	Indices, shares, metals, forex, energies, cryptocurrencies, commodities
Demo Account	✅
Leverage	Up to 1:500
Spread	From 1.6 pips
Trading Platform	cTrader
Min Deposit	$100
Customer Support	Contact form
	Email: support@fundamarkets.com
	Address: Suite 305 , Griffith Corporate Centre Kingstown, St Vincent and The Grenadines

Funda Markets was registered in 2022 in Saint Vincent and the Grenadines, which is a broker specializing in the indices, shares, metals, forex, energies, cryptocurrencies, and commodities markets. It offers several types of accounts, among which the minimum deposit is $100 and the maximum leverage is 1:500. However, this company is not regulated, and potential risks are rather high.

Pros and Cons

Pros	Cons
Diverse tradable assets	Lack of regulation
Demo accounts and Islamic accounts	Wide spreads
Multiple account types	No MT4 or MT5
cTrader platform	No popular payment options
	Deposit/withdrawal fee charged

Is Funda Markets Legit?

No, it is not regulated by the financial services regulatory authority in Saint Vincent and the Grenadines, which means that the company lacks regulation from its registration site. Moreover, its domain status shows that client transferring is prohibited. Please note the potential risks.

What Can I Trade on Funda Markets?

Funda Markets provides a variety of products, including indices, shares, metals, forex, energies, cryptocurrencies, and commodities.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Metals	✔
Energies	✔
Indices	✔
Shares	✔
Cryptocurrencies	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type/Leverage/Fees

Funda Markets provides 6 types of accounts, including Standard, Premium, Platinum, Diamond, Platinum Islamic, and Standard Islamic. Besides, demo accounts are also available.

Account Type	Min Deposit	Max Leverage	Spread	Swap Charges
Standard	$100	1:500	2.0 pips	✔
Premium	$500		1.8 pips	✔
Platinum	$2,000		2.0 pips	✔
Diamond	$5,000		1.6 pips	✔
Platinum Islamic	$2,000		2.0 pips	❌
Standard Islamic	$100		2.2 pips	❌

Trading Platform

Funda Markets uses cTrader as its trading paltform, and it does not support MT4 or MT5.

Trading Platform	Supported	Available Devices	Suitable for
cTrader	✔	PC, web, mobile	Experienced traders
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

Funda Markets supports several types of payment options, and certain amounts of fees are charged depending on the types of payment options.

Payment Options	Currencies	Min Deposit	Min Withdrawal	Deposit Fees	Withdrawal Fees	Processing Time
Tether	USDT	/	/	/	/	/
5Pay	MYR, THB	MYR500	MRY 100	1.5% or MYR 1	0.5% or MYR 2	Instantly
9Pay	/	/	/	/	/	/
Cashola	IDR, MYR	IDR 100,000	IDR 100,000,000	1.5% or IDR 2,500	1% or IDR 6,500	Instantly
FPX	MYR, THB	MYR 500	MYR 100	1.5%	1.5%
StarsPay	USD	$100	$10	$1	1%
Boost	MYR	MYR 100	MYR 100	1.5% or MYR 1	1% or MYR 2
GrabPay
ShopeePay
Touch
DirectPayLD	/	/	/	/	/

Keywords

2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Disclosure

Danger

INVESTOR ALERT LIST

Country/Region

MY SCM

Disclosure time

2023-01-01

Disclose broker

Funda Markets

News

News Investor Alert List includes Bold Prime, Funda Markets & others

The list includes Potential clone entity - iFast Capital 212, Funda Markets, Potential clone entity - PB Futures, Invesa Capital, Bold Prime, CS Smart Investment Syariah, and Potential clone entity - Pelaburan CIMB Bank Malaysia.

2024-03-13 18:18

Comment 6

All(6) Latest Positive(1) Neutral(3) Exposure(2)

FX3273297787

1-2 years

Malaysia

Exposure

still pending withdraw

After pased a week still pending and unavailable to withdraw

2023-05-22

FX3273297787

1-2 years

Malaysia

Exposure

after profit cannot withdraw still pending message to support also no response

2023-05-16

Yunhok

6-10 years

Nigeria

Neutral

Funda Markets: Competitive Spreads and Tailored Account Options for Diverse Traders

Funda Markets seems pretty decent when it comes to spreads and account types. They offer competitive pricing and a range of account options to suit different traders' needs.

2024-07-17

FX1489185494

6-10 years

Indonesia

Neutral

Funda Markets: Unregulated Thrill Ride with 60 Instruments & High Leverage on cTrader

Took a plunge with Funda Markets, a fresh face from Saint Vincent and the Grenadines. No regulation, a bit of the wild west, but boy is the ride exhilarating! Trading options? Think a mighty menu of 60 instruments, everything from Gold to Cryptocurrencies. And all of this while sailing on the cTrader, a slick platform. Kicked off my rodeo with their Standard account and a mere $100 - the door's wide open for anyone! Maximum leverage of 1:500 offered some high stakes. Round-the-clock customer support had my back, phew!

2023-12-01

FX1391372709

6-10 years

Hong Kong

Neutral

Funda Markets offers a web-based trading platform, and as tested on the demo account, it offers real-time market data, advanced trading tools, and a variety of trading instruments. The leverage they provide is up to 1:500, which is quite high and beginners are not advised to use too high leverage ratios.

2023-03-17

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Is Funda Markets Legit?

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Account Type/Leverage/Fees

Trading Platform

Deposit and Withdrawal

Keywords

Disclosure

News

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