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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Market10

South Africa South Africa | 1-2 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.market10.net

Website

Rating Index

Influence

Influence

C

Influence Index NO.1

Brazil Brazil 3.51
Surpassed 11.80% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+27 218797998
https://www.market10.net
Unit 9, 31 First Avenue East, Parktown North, Johannesburg, Gauteng, 2193.

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
South Africa
Operating Period
1-2 years
Company Name
Faraz Financial Services (PTY) Limited
Email
info@market10.net
Contact Number
+27218797998
Account Info
Business Region
Verified Site
About Us
News
Wiki Q&A
Comment

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Official Website

Verified Site

  • market10.net
    104.20.46.56
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
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    Creation Date
    --
    Website Name
    --
    Company
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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)

Company Profile

  • 1-2 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

News

Market10 Scam? Recent Allegations & Why You Should Be Wary

Exposure Market10 Scam? Recent Allegations & Why You Should Be Wary

Investigate Market10’s regulation status and recent user allegations. Learn why caution is advised with this Forex broker. Read our Market10 review now!

Market10 Review: Check Out the Latest Fund Scam Allegations Against the Broker

Exposure Market10 Review: Check Out the Latest Fund Scam Allegations Against the Broker

Have you lost funds using weak signals from Market10, a South Africa-based forex broker? Has the forex broker deliberately deducted profits from your forex trading account balance? Does the broker constantly delay your fund withdrawals? Did Market10 officials continuously call you to start investing with it and remain silent on your withdrawal requests? You are not alone! Many traders have reported these trading experiences on broker review platforms. We have shared some of their experiences in this Market10 review article. Read on to know the same.

Wiki Q&A

Is it risky to trade with Market10?

Engaging with Market10 involves a high level of risk. The broker operates without verified, active regulatory oversight, and its business scope is flagged as suspicious. The entity's low overall assessment score of 1.15/10 reflects significant concerns about its operational integrity and the absence of standard financial safeguards.

04-02
United States

What is the regulatory status of Market10?

Market10's regulatory status is unverified. While the entity holds a license registration (45518) with South Africa's Financial Sector Conduct Authority (FSCA) for Derivatives Trading, the active status of this license has not been confirmed. This unverified standing means the broker operates without authoritative, real-time regulatory oversight, placing the responsibility for fund security and fair practice entirely on the trader.

04-02
United States

Where is Market10 registered?

Market10 is registered as Faraz Financial Services (PTY) Limited in South Africa.

04-02
United States

Bagaimana cara membandingkan broker secara efektif?

Untuk membandingkan broker secara efektif, investor dapat menilai status regulasi, skor keseluruhan, lingkungan trading, kondisi akun, dan umpan balik pengguna. Disarankan memprioritaskan informasi lisensi dan regulator terlebih dahulu, kemudian membandingkan indikator seperti spread, kecepatan eksekusi, serta persyaratan deposit minimum. Fitur perbandingan multidimensi di WikiFX dapat membantu proses analisis secara lebih sistematis.

Three days ago

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

04-02
United States

Apa yang dimaksud dengan situs broker kloning?

Situs broker kloning adalah situs yang meniru informasi broker resmi untuk menyesatkan investor agar melakukan penyetoran dana. Situs tersebut biasanya menyalin nama merek, desain halaman, bahkan informasi regulasi. Ciri umum meliputi domain yang sangat mirip dengan situs resmi, informasi kontak yang sulit diverifikasi, serta penawaran keuntungan yang tidak wajar. Setelah dana masuk ke platform seperti ini, biasanya sulit untuk dipulihkan. Disarankan untuk memverifikasi domain resmi dan informasi regulasi serta menggunakan WikiFX sebagai referensi tambahan.

Three days ago

¿Cómo determinar si un bróker está regulado?

Para determinar si un bróker está regulado, es fundamental verificar si posee una licencia financiera válida. Los inversores pueden comprobar el número de licencia y su estado en los sitios web oficiales de organismos supervisores como la Financial Conduct Authority (FCA) o la Australian Securities and Investments Commission (ASIC) para confirmar su autenticidad y vigencia. También debe tenerse en cuenta que algunos brókers pueden incurrir en clonación de licencias o prestación de servicios fuera de las jurisdicciones autorizadas, lo que implica riesgos adicionales. Según los datos de WikiFX, el estado regulatorio, los registros históricos y la puntuación de riesgo pueden utilizarse como referencia complementaria.

Three days ago

¿Cómo se calcula la puntuación de WikiFX?

La puntuación de WikiFX se calcula mediante un modelo multidimensional que incluye el índice regulatorio, el índice de licencias regulatorias, el índice de capacidad operativa, el índice de control de riesgos y el índice tecnológico de la plataforma. La escala oscila entre 0 y 10 puntos. Además, la puntuación se actualiza dinámicamente en función de cambios regulatorios, tratamiento de reclamaciones y rendimiento histórico.

Three days ago
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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