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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

Morning Markets

Vanuatu Vanuatu | 2-5 years |
Questionable Regulatory License | MT5 Full License | Regional Brokers | High Potential Risk

https://morningfx.net/

Website

Rating Index

MT4/5 Verification

MT4/5 Verification

Full License

6
Server Name
MorningMarkets-DemoMT5
Server LocationSingaporeSingapore

Contact

https://morningfx.net/

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!
2

Basic Information

Registered Region
Vanuatu
Operating Period
2-5 years
Company Name
Morning Markets LTD
Company Website
Related Personnel
Verified Site
Relationship Map
Related Companies
About Us
Wiki Q&A
Comment
MT4/5
Full License MT5
Full License MT5
0
MT4 Servers
2
MT5 Servers
44.67
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Average Execution Speed/ms

Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.

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Official Website

Verified Site

  • morningfx.net
    103.43.190.110
    Server Location
    Singapore Singapore
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    2018-11-25
    Website Name
    WHOIS.GODADDY.COM
    Company
    GODADDY.COM, LLC

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Morning Markets

Related Companies

MORNING MARKETS LTD.(Nevada (United States))
United States
MORNING MARKETS LTD.(Nevada (United States))
Deregistered
United States
Registration No. E0299372016-4
Est. Date
Source Official Statement

Company Profile

Company Profile

Review summary

Morning MarketsReview Summary
Founded2018
Registered Country/RegionVanuatu
RegulationVSFC (Suspicious clone)
Market InstrumentsForex, precious metals, stock indexes, crude oil
Demo Account/
Leverage1:100 - 1:400
SpreadFrom 0.5 pips
Trading PlatformMT5
Min Deposit$100
Customer SupportPhone: 0086 - 02989873607
Email: cs@morningfx.com
Contact Form
Company Address: 3-12008, Zhenxiangbaoku No.5, Weiyang Road, Weiyang District, Xi'an City, Shanxi Province, China
Regional RestrictionsThe United States, North Korea, Iran, Vanuatu

Morning Markets is a trading platform offering various trading products, including forex, precious metals, stock indexes, and crude oil. They provide a user-friendly platform, the popular MT5, and boast competitive spreads starting from 0.5 pips. It is incorporated in China and is currently unregulated.

Morning Markets Review Summary

Pros & Cons

ProsCons
Various market instrumentsSuspicious clone FSC license
Flexible leverage ratiosStrict regional restrictions
MT5 supported

Is Morning Markets Legit?

No. Morning Markets' license is suspected to be a fake clone, which indicates that Morning Markets lacks proper regulation.

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberRegulatory Status
Is Morning Markets Legit?
Vanuatu Financial Services Commission (VFSC)MORNING MARKETS LTDRetail Forex License14677Suspicious Clone
Is Morning Markets Legit?

What Can I Trade on Morning Markets?

Trading AssetAvailable
forex
precious metals
stock indexes
crude oil
cryptocurrencies
bonds
options
ETFs

Account Type

Account TypeMin DepositMin Transaction Volume
Mini $1000.01 lot
Standard $2 0000.1 lot
ECN $10 0000.01 lot
Account Type

Leverage

Account TypeLeverage
Mini 1∶100-1∶200
Standard 1∶100-1∶400
ECN 1∶100-1∶400

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.

Trading Platform

Morning Markets utilizes the popular MetaTrader 5 (MT5) platform for its trading operations.

Trading PlatformSupported Available Devices Suitable for
MT4Desktop, Mobile, WebBeginners
MT5Desktop, Mobile, WebExperienced traders
Trading Platform

Deposit and Withdrawal

Visa, Master card, Paypal, American, and Stripe are available for depositing and withdrawing on Morning Markets.

Deposit and Withdrawal

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • MT5 Full License
  • Regional Brokers
  • High Potential Risk

Wiki Q&A

Is it risky to trade with Morning Markets?

Trading with Morning Markets carries significant risk due to its unverified regulatory status; the firm's sole reported license is a Derivatives Trading License from the Vanuatu Financial Services Commission (VFSC), which remains unverified and represents a jurisdiction with limited investor protections compared to major global authorities. Its operational profile, including an absence of publicly disclosed minimum deposit requirements, specific leverage offerings, or funding methods, creates a substantial information asymmetry for potential clients. While the broker offers MetaTrader 5 access and reports an average execution speed of 38.83 milliseconds, these technical features do not mitigate the foundational risk presented by its lack of credible, authoritative oversight.

04-02
United States

Which regulator oversees Morning Markets?

Morning Markets LTD operates without oversight from any major, globally recognized financial regulator. The firm is based in Vanuatu and reports holding a Derivatives Trading License from the Vanuatu Financial Services Commission (VFSC), but this license is officially listed as unverified. The broker does not hold verified regulatory authorization from any of the stringent global authorities, meaning it lacks the credible supervision that enforces strict capital adequacy, client fund segregation, and dispute resolution standards common in established jurisdictions.

04-02
United States

Is Morning Markets suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose Morning Markets or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

04-02
United States

What essential information should I know before trading with Morning Markets?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

04-02
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What is WikiFX, and how does it help investors?

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States
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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.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
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