Score
Castle Market
Comoros|1-2 years| https://castle-market.com/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
United StatesContact
Licenses
Licensed Institution：CASTLE MARKET GROUP LTD
License No.：15950041
- This broker exceeds the business scope regulated by United Kingdom FCA(license number: 15950041)Common Business Registration Non-Forex License. Please be aware of the risk!
Basic Information
ComorosAccount Information
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Website
castle-market.com
Server Location
United States
Website Domain Name
castle-market.com
Server IP
172.67.134.137
Company Summary
| Castle Market Review Summary | |
| Founded | 2022 |
| Registered Country/Region | Comoros |
| Regulation | FCA (Exceeded) |
| Market Instruments | 1,000+, stocks, bonds, commodities, currencies, options, futures |
| Demo Account | ✅ |
| Leverage | Up to 1:3000 |
| EUR/USD Spread | 7 pips (Standard account) |
| Trading Platform | MT5 |
| Min Deposit | $20 |
| Customer Support | 24/7 support |
| Contact form | |
| Tel: +84 2835352630 | |
| Email: admin@castle-market.com | |
| Facebook, Twitter, Linkedin, Instagram | |
| Address: Park 7, Vinhomes Central Park, 720 Dien Bien Phu, ward 22, Binh Thanh District, Ho Chi Minh City, Viet Nam | |
| Regional Restrictions | The USA, Canada, Haiti, Suriname, the Democratic Republic of Korea, Japan and Belgium |
Castle Market, founded in 2022, offers trading in stocks, bonds, commodities, currencies, options, and futures with leverage up to 1:3000 and EUR/USD spread from 7 pips on the Standard account via the MT5 platform. Demo accounts are available and the minimum deposit requirement to open a live account is just 20 USD. However, it operates without regulatory authorization from the National Futures Association (NFA).
Pros and Cons
| Pros | Cons |
| Over 1,000+ tradable instruments | Regional restrictions |
| Various account types | Exceeded FCA license |
| MT5 trading platform | Wide spreads |
| Low minimum deposit | Limited payment methods |
| 24/7 support |
Is Castle Market Legit?
Castle Market claims that it is regulated by the Financial Conduct Authority (FCA), holding Common Business Registration License with No. 15950041. However, this license has been exceeded.
| Regulatory Status | Exceeded |
| Regulated by | Financial Conduct Authority (FCA) |
| Licensed Institution | CASTLE MARKET GROUP LTD |
| Licensed Type | Common Business Registration |
| Licensed Number | 15950041 |
What Can I Trade on Castle Market?
Castle Market offers over 60 currency pairs, stocks, bonds, commodities, options, and futures.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Bonds | ✔ |
| Options | ✔ |
| Futures | ✔ |
| Cryptocurrencies | ❌ |
| Indices | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit |
| the Ultra low | $20 |
| Standard | $3,000 |
| VIP | $5,000 |
Leverage
| Account Type | MaxLeverage |
| Ultra Low | 3000x |
| Standard | 1000x |
| VIP | 500x |
It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Castle Market Fees
| Account Type | MINI | STANDARD | VIP |
| EURUSD | 9 | 7 | 5 |
| USDCHF | 11 | 9 | 5 |
| GBPUSD | 17 | 15 | 13 |
| USDJPY | 10 | 8 | 6 |
Trading Platform
Castle Market offers MT5 desktop and mobile application. MT5 offers a more advanced charting package compared to its predecessor. It supports up to 21 timeframes (compared to 9 in MT4) and provides more graphical objects and technical indicators, facilitating more precise market analysis.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
Castle Market accepts debit/credit card through the Stripe and Payscout platforms. It also accepts cryptocurrency through the Coinbase platform.
Keywords
- 1-2 years
- Regulated in United Kingdom
- Common Business Registration
- MT5 Full License
- Regional Brokers
- Suspicious Overrun
- Medium potential risk
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Chao46548
Thailand
Broker offer bonus 40$NDB, I take follow her condition but did not any feedback form broker. It ignore. It scam.
Exposure
2024-03-22
Wingwing Ng
Belarus
Castle Market is fantastic when it comes to deposits and withdrawals! They have a super low minimum deposit, making it easy for everyone to get started. Plus, their deposit and withdrawal process is quick and hassle-free, which is great for busy traders like me.
Positive
2024-07-23
FX1704459312
United States
Love their tight spreads and the 24/7 support is a lifesaver during late-night trading sessions. The platform's a bit complex for newbies, but once you get the hang of it, it's pretty powerful.
Positive
2024-06-27
FX1494189055
United States
Castle Market has an array of options for trading - stocks, commodities, even cryptos. Their high leverage up to 1:3000 for smaller accounts is quite striking. I liked the fast withdrawal feature and the no dealing desk policy.
Positive
2024-05-15