Foti Markets Review (2025): Is it Safe or a Scam?

When evaluating a new broker in the financial markets, the most critical metric is its safety score. Foti Markets currently holds a dangerously low WikiFX Score of 1.71 out of 10. This score is a comprehensive aggregate of regulatory standing, operational history, and risk potential. A score below 2.0 is statistically associated with a high probability of platform failure, withdrawal issues, or fraudulent activity.

Foti Markets presents itself as a modern digital trading provider, but behind the glossy interface of its website lies a significant safety void. The platform is unregulated, operates from an offshore jurisdiction, and has been in existence for less than a year. This review analyzes the specific risks associated with Foti Markets to help you decide if your funds are safe or if you should look elsewhere.

Regulatory Status and License Check

The foundation of any safe trading environment is valid licensing from a reputable financial authority. Upon reviewing the regulatory database for Foti Markets, the results are concerning.

Foti Markets is currently unregulated.

The broker claims to be headquartered in Comoros, an offshore jurisdiction that does not provide the same level of strict financial oversight as Tier-1 regulators like the FCA (UK) or ASIC (Australia). The data explicitly states that Foti Markets is “not regulated by any regulatory agency.”

Why This Matters for Your Capital

The absence of valid regulation creates several critical vulnerabilities for traders:

1. No Segregated Funds: Regulated brokers are required to keep client money in separate bank accounts from the company's operating funds. Without regulation, there is no guarantee that Foti Markets is not using your deposits to pay for their operational expenses or debts.
2. No Compensation Claims: If an unregulated broker goes bankrupt or disappears, there is no Financial Services Compensation Scheme (FSCS) or similar insurance to reimburse your losses. Once the money leaves your wallet, it is entirely under the broker's control without legal oversight.
3. Operational Transparency: Unregulated entities are not audited. Foti Markets established itself in 2024, meaning it has virtually no track record to prove its solvency or ethical conduct over the long term.

Trading Conditions: Fees, Leverage, and Hidden Dangers

While the regulatory status is the primary red flag, the trading conditions offered by Foti Markets further emphasize the high-risk nature of this platform. The broker offers two main account types: Raw and Standard.

Extreme Leverage Warning

Foti Markets offers maximum leverage of 1:2000.

To the inexperienced trader, this may look like an opportunity to maximize profits with a small deposit (the entry condition is only $10). However, in the context of safety reviews, 1:2000 leverage is often a “trap.”

• The Risk: At 1:2000 leverage, a tiny market movement against your position can wipe out your entire balance in seconds.
• The Pattern: Regulated brokers are usually capped at 1:30 or 1:50 to protect consumers. Brokers offering 1:1000 or higher are typically “B-Book” market makers who profit when clients lose money. This creates a direct conflict of interest between the broker and the trader.

Funding Methods and Crypto Risks

The platform primarily facilitates fund transfers via USDT and Crypto Transfer.

While convenient, the reliance on cryptocurrency for deposits is a common characteristic of high-risk offshore platforms. Crypto transactions are irreversible and anonymous. If Foti Markets refuses a withdrawal, you cannot request a “chargeback” from your bank or credit card provider. This removes the final layer of protection for the consumer.

Platform Software

One of the few positive data points is that Foti Markets provides the MT5 (MetaTrader 5) platform. The system notes this software setup is a “Main Label,” which is generally more stable than a “White Label.” However, a legitimate software license does not guarantee that the broker behind the software is honest. A scammer can still license legitimate software to appear credible.

Hidden Risks: The “New Broker” Danger

Foti Markets was established in 2024. In the world of online forex trading, a broker that is less than one year old carries statistically higher risks.

Although our current database does not yet contain specific user complaints (casesText is currently empty), this should not be interpreted as a sign of safety. It often takes 6 to 12 months for a new fraudulent platform to gather enough victims for complaints to surface publicly.

The “Silent Phase” Risk:

Many scam platforms operate smoothly for the first few months to build a reputation. They allow small withdrawals to gain trust, only to freeze larger withdrawals later. With a WikiFX score of 1.71, Foti Markets fits the profile of a platform where traders should exercise extreme caution, regardless of the lack of current negative reviews. The low score is predictive of future issues based on its lack of regulation and offshore status.

Conclusion: Is Foti Markets Recommended?

Based on the evidence detailed above, Foti Markets is NOT recommended.

The platform exhibits multiple high-risk characteristics that outweigh its low barrier to entry ($10 deposit) or its use of the MT5 platform.

• Critical Flaw: It is unregulated.
• Critical Flaw: It operates from an offshore location (Comoros) with no investor protection.
• Critical Flaw: It offers dangerous leverage (1:2000) and relies on irreversible crypto payments.
• verdict: The WikiFX Score of 1.71 is a “Blacklist” level rating.

Traders are strongly advised to avoid unregulated entities established in 2024. Your capital is safer with brokers who have established track records (5+ years) and hold licenses from top-tier regulators like the FCA, ASIC, or NFA.

To check the live regulatory status of any broker and avoid potential clones, search for Foti Markets on the WikiFX App.