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Forex Broker Rating

Fotmarkets

Fotmarkets

Information about the broker Fotmarkets

Rating: 2.6
Jurisdiction: Mauritius
Regulators: FSC
Foundation date: 2026
Site: https://fotmarkets.com

Brief information Fotmarkets

The Fotmarkets company is a forex and CFD broker operated by FOT Limited. The company identifies Mauritius as its jurisdiction and states that it holds FSC Investment Dealer licence GB23201518, covering full-service activities excluding underwriting. Its published company information gives registration number 197062 GBC.

The group also lists a Dubai administrative branch under DMCC licence 986167 and Cyprus-registered FOT Solutions Ltd, number HE 467822, as its payment agent. The Cyprus entity’s incorporation date, 19 November 2024, should not be treated as the broker’s foundation date.

The company manages:

  • fotmarkets.com;

  • my.fotmarkets.com.

Registration and login links also use crm.fotmarkets.com, which redirects to my.fotmarkets.com.

Published contacts include +353 1 912 8858, support@fotmarkets.com and contact@fotmarkets.com. The stated management office is Unit AG-13-H-F107, AG Tower, Jumeirah Lakes Towers, Dubai, UAE. This office is described as administrative and does not provide regulated financial services in the UAE.

Fotmarkets

Fotmarkets trading terms

The brokerage company offers CFDs across the following markets:

  • forex;

  • stock indices;

  • shares;

  • precious metals;

  • energy products;

  • agricultural commodities;

  • cryptocurrencies.

Trading is available through MetaTrader 5 on Windows, macOS, Android and iOS, alongside browser access. Advertised features include chart analysis, one-click trading, multiple order types, stop-loss and take-profit controls, alerts and an economic calendar. Copy trading and a free demo account are also offered.

Trading accounts at Fotmarkets

 Three account types are presented:

  • Standard: spreads from 1.2 pips; no trading commission; Islamic option unavailable.

  • Plus: spreads from 0.6 pips; no trading commission; optional Islamic account.

  • Raw: spreads from 0.1 pips; commission of $2.50 per side; optional Islamic account.

All three use MT5, support USD and EUR as base currencies, require a minimum deposit of $30 and offer leverage up to 1:500. The minimum trade size is 0.01 lot. The account descriptions specify STP execution.

Fotmarkets

Registration and personal account on fotmarkets.com

Users register online by providing personal information. Identity verification is required, with the company requesting identification and proof of address. Account access is provided through my.fotmarkets.com.

Deposits and withdrawals with Fotmarkets

Payment methods depend on the client’s region and are displayed in the personal account. A complete public list is not provided.

The minimum deposit is $30. The company advertises same-day, near-instant processing, but does not provide a detailed public schedule of funding charges.

No minimum withdrawal amount is stated. Withdrawals undergo verification and security checks; the website advertises same-day processing. This processing claim does not establish the final arrival time through each payment provider.

Conclusion about Fotmarkets

The company publishes its operator’s name, claimed licence details and account parameters. It also states that client funds are segregated and advertises professional indemnity insurance; these measures should not be interpreted as protection against trading losses. Before funding, clients should verify the licence and clarify payment methods, charges and withdrawal conditions, alongside independent customer reviews of Fotmarkets.

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Trader Reviews

Fotmarkets emailed me offering a $30 bonus after account verification. I completed the checks, only to be told I didn’t qualify. The invitation gave me a very different impression, so this was disappointing.

  • 2 days ago

Fotmarkets is relatively new, but my experience has been positive. Deposits and withdrawals have gone smoothly, and I appreciate the range of instruments. Copy trading, bonuses and the IB programme give it potential, and it has been accessible to me as a Japan-based client.

  • 1 day ago

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