Company Profile
Company Profile
Review summary
| Fizmo Fx Markets Review Summary | |
| Founded | 2024 |
| Registered Country/Region | Saint Lucia |
| Regulation | No regulation |
| Market Instruments | Forex, Commodities, Indices, Cryptocurrencies |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 1.0 pips (Standard account) |
| Trading Platform | MT5 (MetaTrader 5) |
| Minimum Deposit | $10 |
| Customer Support | |
| Phone: +44 7759 046727 | |
| Email: support@fizmomarkets.com | |
Fizmo Fx Markets Information
Operating without regulatory control, Fizmo FX Markets is a Saint Lucia-registered broker started in 2024. For trading cryptocurrencies, commodities, indices, and foreign exchange, it provides MetaTrader 5. Although it has a cheap $10 minimum deposit and variable leverage up to 1:500, the lack of openness about fees and regulation can worry some traders.
Pros and Cons
| Pros | Cons |
| Supports MT5 | No regulation |
| Accepts multiple crypto and fiat payment methods | No Islamic (swap-free) account |
| Low minimum deposit and commission-free Standard account | |
| Demo accounts available |
Is Fizmo Fx Markets Legit?
Fizmo FX Markets is unregulated. Fizmo FX Markets is not licensed by the FCA (UK), ASIC (Australia), CySEC (Cyprus), or NFA (US) while being registered in Saint Lucia, which does not regulate forex or CFD trading enterprises.
The domain fizmofxmarkets.com was registered on April 19, 2024, and last updated on February 11, 2025. It expires on April 19, 2027. Client delete, renew, transfer, and update are banned.
What Can I Trade on Fizmo Fx Markets?
Fizmo FX Markets offers trading across four main asset classes, including forex, commodities, indices, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
| Futures | ❌ |
Account Type
Fizmo FX Markets offers three types of live trading accounts—Standard, Pro, and ECN—each catering to different levels of trader experience and trading style. The broker provides demo accounts for practice, but does not mention Islamic (swap-free) accounts.
| Account Type | Minimum Deposit | Leverage | Spread from | Commission | Suitable for |
| Standard | $10 | Up to 1:500 | 1.0 pips | ❌ | Beginners and general traders |
| Pro | $300 | ❌ | More active or intermediate users | ||
| ECN | $500 | 0.1 pips | Up to $7 per lot per side | Advanced and high-volume traders | |
| Demo Account | - | - | - | - | Practice and testing |
Leverage
Fizmo FX Markets offers leverage up to 1:500 across all account types (Standard, Pro, and ECN). This high leverage allows traders to control large positions with a small amount of capital, potentially increasing returns.
Fizmo Fx Markets Fees
Fizmo FX Markets offers moderate to low trading fees. It promotes commission-free trading on Standard and Pro accounts, while the ECN account includes a typical commission structure and tighter spreads. Swap fees (overnight charges) are not clearly disclosed on the website, which may affect transparency.
| Account Type | Spread from | Commission |
| Standard | 1.0 pips | ❌ |
| Pro | ❌ | |
| ECN | 0.1 pips | Up to $7 per lot per side |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Windows, macOS, Android, iOS | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
Fizmo FX Markets supports several deposit and withdrawal methods, including Visa, MasterCard, bank transfers, and major cryptocurrencies such as Bitcoin, Ethereum, USDT, Solana, and Ripple.
Diono
Indonesia
This broker has not processed my withdrawal request. It's been a week with no clear answer. The admin just says it's under maintenance indefinitely.
Exposure
FX1687518065
Indonesia
CS BABI!!! NO CLEAR REASON... WHERE'S MY MONEYYYY I can't withdraw funds from my account
Exposure
FX2518675872
Indonesia
Stay away from this broker, Ndb scam, and can't withdraw profit
Exposure
Syed Abdullah Shah (Shaw)
United Arab Emirates
i am working with fizmo from last 1 year. broker is fine with good execution. stable spreads and on time withdraws. i am happy to work with them
Positive
Toprak Ç.
Germany
scammer broker Did he block the money inside and block the account?
Exposure