Overall Rating: ★☆☆☆☆ (1.9/5.0)

Market101 is an unregulated offshore forex and CFD broker that claims to offer trading in forex, commodities, indices, and cryptocurrencies via a proprietary web-based platform. It is a broker that raises multiple red flags and should be approached with caution.

This Market101 review breaks down its features, trading conditions, regulation, and whether it’s a trustworthy option for traders in 2025.

Key Features

Market101 targets new and inexperienced traders by offering simplified trading interfaces, bonuses, and easy onboarding.

• Trading Platform: Market101 Terminal powered by Act Trader (available on Web, Mobile and Desktop).
• Markets Offered: Forex, Commodities, Global Indices and Cryptocurrencies CFDs.

Classic Account:

• Spreads – From 1.2 pips
• No Commission
• Max Leverage – 1000x
• Minimum Deposit – $50
• Available Base Currencies – USD, EUR, CAD, BTC and ETH

Raw ECN Account:

• Spreads – From 0.0 pips
• Commission – $3 per $100K per side
• Max Leverage – 1000x
• Minimum Deposit – $50
• Available Base Currencies – USD, EUR, CAD, BTC and ETH

Pro Account:

• Spreads – From 0.0 pips
• Commission – $1 per $100K per side
• Max Leverage – 1000x
• Minimum Deposit – $5000
• Available Base Currencies – USD, EUR, CAD, BTC and ETH

Regulation and Security

Market101 operates without any recognised financial regulation.

• Not regulated by FCA, ASIC, CySEC, FSCA, or any major body
• Registered in an offshore jurisdiction (St Vincent & Grenadines)
• No investor protection scheme
• No transparency on ownership or legal structure
• Negative balance protection

Pricing and Costs

• Spreads: Pure ECN spreads directly from LPs starting from 0.0 pips. Average spread on EURUSD being 0.1 – 0.2 pips.
• Commission: Commission charges are different for different account types. For Classic account – no commission is charged, for raw ECN account – we charge a commission of $3 per $100K per side while for the VIP account, the commission is $1 per $100K per side.
• Deposit / Withdrawal Fees: No deposit or withdrawal fees.
• Inactivity Fees: No inactivity fees.
• No hidden charges.

Educational Resources and Customer Support

Market101 offers little to no genuine educational support and tends to prioritise aggressive sales over client service.

• Education: Market News, Glossary, forex Heat Map, Crypto Coin Heat map, Technical Analysis insights and Economic Calendar.
• Market Analysis and Trading Tools: Buil in Platform indicators, Market insights and Trading Calculators.

Risk Management Tools

Risk tools are extremely limited and depend entirely on the basic platform.

• Stop-loss and take-profit options available
• No GSLOs (guaranteed stop-loss orders)
• Margin/Stop Out level 70%/50%
• Trading calculators available in CRM for risk calculations.

Pros and Cons

Pros

• Web-based trading interface with crypto deposits
• High leverage offered (up to 1:1000)
• Low entry minimum deposit
• ECN Broker

Cons

• Completely unregulated
• No MT4/MT5 or professional trading tools
• High risk of fund loss and no legal recourse

Conclusion: Is Market101 the Right Choice?

No — Market101 is a high-risk, unregulated broker with a questionable reputation, no regulatory oversight, and no clear path for fund recovery. While its platform may appear user-friendly, traders are exposed to serious risks, including loss of deposits and no legal protection.

Traders looking for transparency, regulation, and long-term trading success should choose licensed brokers such as Pepperstone, AvaTrade, or IC Markets.