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DOMINION MARKETS

No Regulation
Mauritius
,
Since 2020
Last Updated:
50/100
Overall Score

Trading Conditions

Min Deposit:
USD50
Max Leverage:
500
Account Types
Standard Account

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

8 methods

Cryptocurrency

crypto
Instant
Fee:
1.0%
Fee:
Free

Visa Credit Card

credit card
Instant
Fee:
Free
Fee:
Free

MasterCard Credit Card

credit card
Instant
Fee:
Free
Fee:
Free

Debit Card

debit card
Instant
Fee:
Free
Fee:
Free

Bank Transfer

bank transfer
3 days
Fee:
Free
Fee:
Free

Wire Transfer

wire transfer
3 days
Fee:
Free
Fee:
Free

Electronic Wallets

e wallet
hours
Fee:
Free
Fee:
Free

UPI (India-specific)

other
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 50%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
50%Fair
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor
No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:Dominion Markets LLC
Founded:2020
Headquarters:Mauritius
Enterprise Offices:1offices

Customer Support

Phone:
+97145704324
Live Chat:
business_hours
Response Time:
Languages:
English
Scroll Down

What DOMINION MARKETS legally published, but does not want you to read

Wikilix contract reading ·

High contract risk

Dominion Markets can cancel your profits, including money it has already paid you, if it decides your trading was abusive. It makes that decision and the contract calls it final. Its own pages promise negative balance protection, no slippage and withdrawals in 24 hours. The contract you sign contradicts all three.

8Critical clausesClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
22Clauses flaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
10Documents readHow many of the broker’s own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
8.5/10Contract riskHow far this contract goes overall, from 0 to 10. 3 to 5 means real costs a client should know about; 6 to 8 means several clauses put money already earned at risk.
Read the full terms report18 more clauses, each with its wording, clause number and source

Broker Summary

Summary of the broker

Introduction of DOMINION MARKETS

In the fast-paced world of Online Trading, Brokers with innovative features and Competitive Trading conditions will usually be distinguished. Dominion Markets has become well-known as a relatively new broker in the space, having established itself in 2020 by targeting Emerging Markets, offering a Wide Range of Instruments, and focusing on Educational Awareness for Traders. Dominion Markets leverages technology to offer High Leverage, low Spreads, and a unique Commission structure, providing a comprehensive trading experience for both novice and experienced traders alike.

Although Dominion Markets is rapidly growing and has a growing client base, it still operates under limited regulatory oversight, highlighting the importance of potential clients considering this when conducting due diligence before opening an account. This article explores Dominion Markets' background, main offerings, regulatory status, trading conditions, fee structures, and legitimacy, providing the reader with a complete understanding of what the Company offers to the marketplace.

Background and History of DOMINION MARKETS

Founded in 2020 by a group of professional traders, Dominion Markets was established to be a broker in Emerging Markets. The Company is an independent Limited Liability Company incorporated under the laws of the Comoros Union, located in Saint Vincent and the Grenadines. Dominion Markets has expanded its product offerings from Forex to include CFDs, Commodities, and Cryptocurrencies, demonstrating its commitment to providing a broad spectrum of Trading Opportunities.

In an industry where most brokerage companies operate similarly, Dominion Markets sets itself apart through its focus on Innovation and support for traders. The Brokerage has established a community-based approach, leveraging Educational Resources and a commission structure to engage its clients further. These efforts have allowed Dominion Markets to carve out a niche in the increasingly competitive financial industry, which larger, more established brokerage firms dominate.

Key Features and Offerings

Trading Platforms

Dominion Markets primarily uses the MetaTrader 5 (MT5) platform, known for its superior Trading Tools, Expert Advisors (EAs), and comprehensive Charting capabilities. MT5 is available as a Desktop and Mobile Application (iOS & Android) and supports all methods of Trading, such as Scalping, Hedging, and News Trading. The MT5 platform is an excellent choice for all types of Traders, regardless of experience level.

Account Types

To meet the needs of their clients, Dominion Markets offers two primary account types based upon Trading Methodology and Capital Availability:

Account Type

Minimum Deposit

Commission

Spreads (EUR/USD)

Leverage

STP

$50

$0 per lot

Around 2 pips (floating)

Up to 1:500

ECN

$500

$7 per lot

From 0 pips (floating)

Up to 1:500

The broker offers Islamic accounts for traders who need Sharia-compliant terms. Furthermore, the broker encourages the development of a trade community that helps educate clients and fosters peer-to-peer interaction to improve the overall trading experience.

Variety of Instruments

In terms of the variety of instruments available to trade on Dominion Markets, there is an impressive assortment with more than 2000 total instruments available to trade, including:

- Forex pairs: major and minor

- CFDs (contracts for difference) on indices and stocks

- Commodities including gold and oil

- Cryptocurrencies

With this many instruments available, a trader can create a diverse portfolio and access multiple marketplaces within a single trading platform.

Rules and Regulations

Regulation is one of the most important aspects to consider when selecting a broker. Dominion Markets has a somewhat complicated regulatory structure, having registered and obtained licenses in several jurisdictions; however, it is essential to note that the broker does not hold the authority of major international governing bodies.

Regulator

License Number

Status

Comoros Union

HY00723020

Registered as Limited Liability Company

Mauritius Financial Services Commission

Not publicly confirmed

Claims Investment Dealer License (unverified)

CySEC Cyprus

Unclear / Not fully verified

Reported registration, regulatory status uncertain

Saint Vincent and the Grenadines Financial Services Authority (SVG FSA)

Not applicable for Forex regulation

Registered but no Forex regulatory oversight

Though Dominion Markets protects against negative account balances by maintaining segregated client accounts and has negative balance protection in place, it does not have an Investor Protection scheme associated with other regulatory bodies, such as the FCA, ASIC, and/or NFA. This limited regulatory framework introduces greater risk to your trading activities; therefore, traders should weigh these risks before trading with Dominion Markets.

Trading Conditions and Platform Technology

Trading Conditions

Condition

STP Account

ECN Account

Minimum Deposit

$50

$500

Leverage

Up to 1:500

Up to 1:500

Spreads (EUR/USD)

Around 2 pips (floating)

From 0 pips (floating)

Commission

$0 per lot

$7 per lot

Minimum Lot Size

0.01 lots

0.01 lots

Execution

Market execution

Market execution

Margin Call

100%

100%

Stop Out

80%

80%

Trading Platforms

The basis for Dominion Markets' decision to use MT5 as its primary trading platform is the desire to provide traders with comprehensive trading capabilities. MT5 offers automated trading via Expert Advisors, numerous charting tools, and full-function risk management. The mobile applications for MT5 allow traders to access and manage their trading accounts from anywhere, even on mobile devices, and the functionality remains on par with desktop access.

Additionally, MT5 enables traders to use prominent trading techniques (such as scalp trading, hedging, and news trading), offering diverse trading methodologies. Prompt execution of orders further optimizes the trading experience by reducing slippage and increasing the percentage of filled orders.

Fee Structure

Fee Type

Details

Deposit Fees

No explicit fees reported; multiple funding methods accepted including bank wire, credit/debit cards, and cryptocurrencies

Withdrawal Fees

Not explicitly detailed; emphasis on rapid withdrawals

Inactivity Fees

Not clearly specified; no exact amount or timeframe provided

Commission

STP: $0 per lot; ECN: $7 per lot

Other Charges

No interest on margin; no guaranteed stop loss

 

Dominion Markets has a Commission Incentive program that allows traders to receive commissions as credits toward the purchase of trading tools and educational materials. This program encourages traders to continue their education and develop their skills while providing value beyond what most brokers charge commissions for.

Customer Experience and Reputation of Dominion Markets

Most consumers have had an excellent experience with Dominion Markets. The majority of customers have rated Dominion Markets 4 to 4.3 (4.0 being the lowest) across a variety of categories (e.g., Cost, Ease of Use of Platform, Deposit and Withdrawal Procedures, Customer Support, etc.). Traders have complimented Dominion Markets on its low spreads, high leverage, and quick execution times.

There were some negative comments from traders regarding limited regulatory oversight and occasional delays in customer service representatives' response times; however, generally, Dominion Markets has built customer trust by striving for greater transparency regarding withdrawal and inactivity fees.

Several traders from the community have welcomed the emphasis on building a community of traders, educating them, and providing access to the community's support and resources to help improve traders' skills.

Recent Developments at Dominion Markets

Dominion Markets will continue to enhance security on its trading platform between 2024 and 2025 while improving the overall trading experience. Also, Dominion Markets has issued a statement reaffirming its commitment to fostering a positive environment for traders through the continued expansion of its community projects and educational offerings.

As of 2025, Dominion Markets has publicly stated that it holds full licensure from the Mauritius FSC (Financial Services Commission), but currently has no publicly available information about its license number. There have been no substantial regulatory sanctions or controversies regarding the broker thus far, which indicates a more stable operating environment in the future.

The broker's plan for the future is to grow their client base, especially in emerging markets, while continuing their innovative commission-incentive program and expanding their product and service offerings.

Conclusion on Dominion Markets

Dominion Markets is an excellent choice for traders seeking a broker that offers high leverage, low spreads, and a wide range of trading products. Dominion Markets' unique commission incentives, combined with their focus on education, distinguish them from many competitors, particularly in developing nations.

However, as with all brokers, traders are advised to exercise caution about the potential disadvantages of using Dominion Markets, given the lack of regulatory oversight and the unclear fees charged by the platform. Thus, prospective customers of Dominion Markets should evaluate the benefits of trading with the broker against the potential drawbacks of trading with a less regulated broker. As Dominion Markets continues to expand, potential customers should conduct due diligence on the broker before opening a trading account.

Regulatory Licenses

Compliance & oversight

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for DOMINION MARKETS. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.

What this means for you

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
View other brokers

Account Types

Trading account options

No Account Types

Account type information is not available for this broker yet.

Funding Methods

Deposit & withdrawal options

8 methods
Cryptocurrency
CryptocurrencyInstant
Deposit
Fee:1%
Min:USD 50
Max:N/A
Withdrawal
Fee:Free
Min:USD 50
Max:N/A
Minimum deposit due to blockchain fees (e.g., 0.0005 BTC fee). Withdrawals processed same day, typically within 12 hours. Blockchain network fees apply for withdrawals.
Visa Credit Card
Credit CardInstant
Deposit
Fee:Free
Min:USD 100
Max:N/A
Withdrawal
Fee:Free
Min:USD 50
Max:N/A
Withdrawal only via same method as deposit. Withdrawal reviewed within 24 hours, then depends on card issuer.
MasterCard Credit Card
Credit CardInstant
Deposit
Fee:Free
Min:USD 100
Max:N/A
Withdrawal
Fee:Free
Min:USD 50
Max:N/A
Withdrawal only via same method as deposit. Withdrawal reviewed within 24 hours, then depends on card issuer.
Debit Card
Debit CardInstant
Deposit
Fee:Free
Min:USD 100
Max:N/A
Withdrawal
Fee:Free
Min:USD 50
Max:N/A
Withdrawal only via same method as deposit. Withdrawal reviewed within 24 hours, then depends on card issuer.
7
Free Deposit
8
Instant
1
Crypto

Trading Platforms

Professional trading tools

1 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Global Domains

Worldwide web presence

1 site
🌐
https://www.dominionmarkets.com/index.php
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Corporate Network

Enterprise structure & relationships

1 entities

Dominion Markets LLC

Mauritius
active

Registration

GB24203525

Established

2020-12-07

Comments

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