Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighHolds only a weak offshore FSC Mauritius dealer licence and is on the Securities Commission of Malaysia alert list for unlicensed solicitation; no tier-1 oversight.
Identity & transparency
7/10 · HighLive site names no regulator and leans on an LEI tied to a dissolved UK IT-consultancy shell; entity called 'LLC' on-site but 'Ltd' on the registers.
Withdrawals & conduct
9/10 · CriticalRepeated, specific fund-integrity complaints across platforms: balances suspended or closed and withdrawals denied, including a 70,000 USD group loss.
Reputation
9/10 · CriticalTrustpilot 1.9 out of 5 with 71 percent one-star, a formal fraud complaint, and a national regulator alert; overwhelmingly negative.
Website claims
6/10 · HighUnverifiable 250K-plus traders claim, 1:2000 leverage and bonus hooks, placeholder text, and testimonials from countries it says it bans; but no fake tier-1 licence claim.
Operational history
4/10 · ModerateTraceable to April 2020 (domain) and May 2021 (licence), roughly five years, but now churning into an Axiis Capital rebrand.
Who they are
A quick desk file on the company behind the brand.
A desk file on the operation behind dollarsmarketsmy.com.
- Brand: Dollars Markets (now rebranding to Axiis Capital)
- Legal entity: Dollars Markets Ltd (Mauritius); the site's own documents say 'Dollars Markets LLC'
- Registered: c/o IQ EQ Fund Services, 33 Edith Cavell Street, Port-Louis, Mauritius
- Website: dollarsmarketsmy.com, with the main site at dollarsmarkets.com
- Only licence: FSC Mauritius Investment Dealer (Broker), dated 24 May 2021 (offshore, low protection)
- Offers: forex, metals, indices, shares and crypto CFDs on MT4 and MT5, leverage up to 1:2000, deposits from 15 US dollars
- Not accepted: the United States, and oddly its own target markets of Malaysia and Indonesia
- Age claim: no founding year stated; the oldest website dates to April 2020 and the licence to May 2021
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: Yes
We confirmed this broker on a genuine regulator’s register.
Financial Services Commission (Mauritius)
Financial Services Authority (Saint Vincent and the Grenadines)
Why we reached this verdict
How the evidence adds up.
We rate Dollars Markets a likely scam for four reasons, in order of weight.
- A national regulator has flagged it. The Securities Commission of Malaysia lists 'Dollars Markets', naming both dollarsmarkets.com and dollarsmarketsmy.com, on its Investor Alert List since 2021 for 'carrying on unlicenced capital market activities of dealing in securities and derivatives'. That is a regulator saying this exact operation solicits clients it is not licensed to serve.
- Clients report they cannot get their money out. Across Trustpilot and a dedicated complaints platform, people describe the same sequence: a balance grows, the account is suspended or closed, and withdrawals are denied or ignored. Trustpilot shows 1.9 out of 5 from 28 reviews, 71 percent at one star. One complaint from a group of 15 investors puts 70,000 US dollars beyond reach, with account credentials changed and requests ignored for over three months.
- It is rebranding while funds are stuck. The operation is moving to 'Axiis Capital', a tradename of Dollars Markets, and clients report the platform switched over with money still frozen. A rebrand mid-dispute is a classic way to shed a damaged name.
- Its licence is weak and its identity is thin. The real licence is an offshore FSC Mauritius dealer licence with no compensation scheme. The live site names no regulator and leans on a company identifier that resolves to a UK company, DOLLARS MARKETS LTD, registered as an IT consultancy in July 2024 and dissolved in December 2025.
We did not find a court or regulator finding of fraud, so we state this as our assessment: the risk of losing deposited funds here is high. The operation is roughly five years old (website since April 2020, licence since May 2021), so this rating reflects what we found, not a lack of history.
Note on operating history: the 6.5-year track record rests on domain registration alone. No company incorporation date could be established, so this is an upper bound rather than a confirmed age.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The Securities Commission of Malaysia lists 'Dollars Markets', naming dollarsmarkets.com and dollarsmarketsmy.com, on its Investor Alert List (2021) for 'carrying on unlicenced capital market activities of dealing in securities and derivatives'.
E2DOLLARS MARKETS LTD appears on the FSC Mauritius Register of Licensees with a SEC-2.2 Investment Dealer (Broker) licence dated 24 May 2021, registered c/o IQ EQ Fund Services in Port-Louis. A genuine but low-tier offshore licence.
E3Trustpilot rates Dollars Markets 1.9 out of 5 across 28 reviews, with 71 percent at one star; the dominant theme is accounts suspended or closed after a balance grows and withdrawals then denied. One example: account 168317 closed holding 6,000 USD (Nov 2024).
StrongTrustpilotE4A complaint filed in March 2025 on behalf of 15 investors reports 70,000 USD in denied withdrawals, account credentials changed, and requests ignored for over three months.
StrongBrokersViewE5The operation is rebranding to 'Axiis Capital', a tradename of Dollars Markets; a June 2026 review reports the platform switched over with client funds still frozen.
E6UK Companies House shows DOLLARS MARKETS LTD (15843385) was incorporated on 17 July 2024 as an information-technology consultancy and dissolved on 30 December 2025, not a financial-services company.
ModerateUK Companies HouseE7The company identifier shown on the broker's site resolves in the global LEI index to DOLLARS MARKETS LTD in the UK, with its registration recorded as lapsed and the entity inactive.
ModerateGLEIF (Global LEI index)E8The broker's own client agreement names only 'Dollars Markets LLC' under Mauritius governing law and cites no regulator; the live site displays no licence or regulator anywhere.
E9dollarsmarkets.com was registered on 22 April 2020 and dollarsmarketsmy.com on 6 May 2021, on the same registrar and name servers, linking the two sites to one operation.
WeakRDAP (Verisign)E10The homepage advertises 'Trusted by over 250K+ traders', leverage up to 1:2000 and a deposit bonus, carries placeholder filler text, and shows testimonials from Indonesia and Singapore though it says it bans Indonesia.
Moderatedollarsmarketsmy.com
The other side
The strongest case in this broker’s favour.
In fairness, several points cut the other way.
- The Mauritius licence is real. DOLLARS MARKETS LTD appears on the FSC Mauritius public register with a genuine Investment Dealer (Broker) licence dated 24 May 2021, so this is not a pure fake or a clone of another firm.
- The operation is not brand new. The main website has existed since April 2020, and the business has a traceable corporate footprint in Mauritius.
- Some positive reviews exist, and not every complaint is detailed; competitors do sometimes plant negative reviews, so volume alone is not proof.
- Offshore licensing and aggressive marketing are, on their own, a risk tier rather than evidence of theft.
These points keep the verdict at likely scam rather than confirmed. They do not outweigh a regulator warning naming the exact websites and a repeated, specific pattern of blocked withdrawals.
What would change this
What we would need to see to revise the verdict.
Here is what would move this verdict in either direction.
- Toward safe: the Securities Commission of Malaysia removing Dollars Markets from its Investor Alert List, together with a clear run of recent, verifiable successful withdrawals.
- Toward safe: the broker publishing its FSC Mauritius licence openly and honouring withdrawals under the Axiis Capital brand.
- Toward worse: a second regulator warning naming either domain, a court or enforcement action, or credible reports of an extra 'fee' or 'tax' demanded before funds are released.
- Toward worse: confirmation that the FSC Mauritius licence has been surrendered or revoked while the sites keep taking deposits.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
FSC Mauritius Register of Licensees
Search 'Dollars' to see the FSC Investment Dealer (Broker) licence held by Dollars Markets Ltd.
Securities Commission Malaysia Investor Alert List
Official Malaysian regulator alert naming Dollars Markets as unauthorised.
UK Companies House record
The UK Dollars Markets Ltd shell behind the site's identifier, dissolved December 2025.
Global LEI index record
The company identifier shown on the broker's site; now recorded as lapsed.
Frequently asked questions
Quick answers about this broker’s safety.
Is Dollars Markets a scam?
We rate it a likely scam. It holds only a weak offshore licence, the Securities Commission of Malaysia lists it as unauthorised, and many clients report that withdrawals are blocked once a balance grows. We would not deposit money with it.
Is Dollars Markets a fraud?
We did not find a court ruling or a regulator finding that labels it fraud. What we can show is a national regulator alert naming its websites and a repeated pattern of denied withdrawals. On that basis we assess the risk of fraud as high.
Is Dollars Markets regulated?
Only lightly. Its Mauritius entity, Dollars Markets Ltd, holds an FSC Mauritius Investment Dealer (Broker) licence from May 2021. That is a low-tier offshore licence with no investor-compensation scheme, and it does not authorise taking clients in places like Malaysia or the EU.
What is the FSC Mauritius licence worth to me?
Not much as protection. Mauritius is an offshore regulator with limited enforcement for retail clients and no compensation fund. A real licence there is better than none, but it will not get your money back if the broker refuses to pay.
Can I withdraw my money from Dollars Markets?
Many users say no. The common story is that an account is suspended or closed after the balance rises, then withdrawal requests are ignored for months. Try to withdraw now and document everything.
Is my money safe with Dollars Markets?
We do not consider it safe. There is no compensation scheme behind the licence, the firm is on a regulator alert list, and there is a clear pattern of blocked withdrawals.
Why is Dollars Markets on the Malaysia Securities Commission alert list?
The Securities Commission of Malaysia added it in 2021 for carrying on unlicensed capital-market activity, dealing in securities and derivatives without authorisation. Its own site also bans Malaysian sign-ups, which does not undo the warning.
Who owns Dollars Markets?
Public records point to Dollars Markets Ltd in Mauritius, administered through a corporate-services provider in Port-Louis. The site's documents also use the name Dollars Markets LLC, and a now-dissolved UK company of the same name held the identifier shown on the site. Ultimate ownership is not clearly disclosed.
What is Axiis Capital and is it the same as Dollars Markets?
Axiis Capital is a tradename of Dollars Markets, and the operation appears to be rebranding to it. Some clients report the platform switched to Axiis Capital with their funds still frozen. Treat it as the same operation under a new name.
Is Dollars Markets a clone of another broker?
No. It uses its own name and its own Mauritius licence rather than impersonating a well-known firm, so it is not a clone. The problem is conduct, not stolen identity.
How old is Dollars Markets?
Its main website dates to April 2020 and the Mauritius licence to May 2021, so the operation is roughly five years old. Age alone is not reassurance here given the current complaints and the rebrand.
I think I was scammed by Dollars Markets. What can I do?
Keep records of deposits, withdrawal requests and chats. Report to your local financial regulator and, if you paid by card or bank transfer, ask your bank about a chargeback or recall. Ignore anyone who asks for an upfront fee to 'recover' your funds; that is usually a second scam.
What should I check before depositing with any broker?
Confirm the licence on the regulator's own register, check that the regulator is reputable and covers your country, search for withdrawal complaints by the exact domain, and avoid firms that hide their company details or push bonuses and very high leverage.
What we recommend
The practical takeaway from everything above.
Our advice to a prospective or current client.
- Do not deposit new money with Dollars Markets or its Axiis Capital rebrand.
- If you hold a balance, attempt a withdrawal now and keep dated records of every request and reply.
- Treat any message asking you to pay a fee, tax or deposit to 'release' your funds as a further scam, not a real requirement.
- Be wary of 'recovery' services that contact you after a loss; many are follow-up scams. Report to your local regulator instead, and if you paid by card or bank transfer, ask your bank about a chargeback or recall.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed October 11, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
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