Overall Score43 / 100The Wikilix trust rating of Market Equity, out of 100, built from the five factors below.It holds no valid licence, and trading EURUSD costs about 0.0 pips all-in.Regulation0%Identity82%Client terms50%Trading offer81%Service44%Score last calculated 2026/10/19
High risk35 to 49. Serious gaps in regulation, client terms or conduct; the record points to real risk for a deposit.Why: It holds no valid licence, and trading EURUSD costs about 0.0 pips all-in.
43 out of 100 · 70% checkedThe share of the record we could verify. What we could not check counts as unknown and pulls the score toward the middle, never down.
Do not trust
High risk
Fair
Good
Excellent
It holds no valid licence, and trading EURUSD costs about 0.0 pips all-in.
RegulationWhether a financial authority supervises this broker: the licences it holds, whether we verified them on the official register, how strong that regulator is and what protection it gives clients. Worth 35 points of 100.
0Poor
IdentityWho is behind it and for how long: a company registration we verified, years of verified history, how openly it names its entity, address and owners, and whether its website is intact. Worth 15 points.
82Excellent
Client termsHow fair the client agreement is: the risk found in our policy review, the number of critical clauses, withdrawal rules, and whether the terms say the same in every language. Worth 15 points.
50Fair
Trading offerWhat trading costs and how clearly it is disclosed: pricing per account type, the all-in cost of EURUSD, instruments, platforms, leverage against regulated limits and the minimum deposit. Worth 20 points.
81Excellent
ServiceHow clients are treated: support channels, complaints about withdrawals and reputation from our investigation, and reviews by WIKILIX members. Worth 15 points.
44Poor
We checked Market Equity on 2026-10-19 across its regulation, company record, client terms, trading offer and service, and could verify 70% of its record. It holds no valid licence: every licence we knew of has ended or could not be found on its register. The score of 43 is what the checked record adds up to; nothing held it down. What would move the score: verified age, transparency, policy risk. No investigation has been published yet, so complaints and reputation are unknown. Its client terms have not been reviewed yet. Trading EURUSD costs about 0.0 pips all-in, spread and commission together.
What Wikilix has recorded about Market Equity: its history, the licences it holds, its trading conditions and its fees.
Market Equity Broker Overview
Market Equity is an offshore forex and CFD broker operating through two affiliated companies, Market Equity INC in Vanuatu and Market Equity Capital LTD in Mauritius, which the broker states jointly own and operate the website. The Vanuatu entity has carried a Legal Entity Identifier since November 2017. Trading is offered on MetaTrader 5 only, with a minimum deposit of $100, leverage up to 1:500 and three live account types.
Market Equity Regulation and License
The broker publishes two regulatory claims on its . Market Equity INC is stated to be licensed by the Vanuatu Financial Services Commission to carry on the business of dealing in securities under number 40221. Market Equity Capital LTD is stated to be regulated by the Financial Services Commission of Mauritius as an Investment Dealer (Full-Service Dealer, Excluding Underwriting), under licence number GB24203983 and company number C222538.
Neither claim was confirmed against the issuing authority's own public register during this research, so both are recorded as claimed rather than independently confirmed regulation. The page also names a Legal Entity Identifier and membership of a Vanuatu markets association; neither is a licence.
Is Market Equity Regulated?
Market Equity claims regulation in two offshore jurisdictions and holds no licence from any major onshore authority. Vanuatu and Mauritius supervision does not carry the client money segregation rules, leverage caps or investor compensation schemes that a European, British or Australian licence would provide, so a client's practical recourse in a dispute is limited regardless of how the claims resolve.
Market Equity License 40221
Licence number 40221 is held in the name of MARKET EQUITY INC in Vanuatu, effective from 30 December 2022, and covers dealing in securities. The same number appears on the broker's own site as the company's Vanuatu registration number, so the licence identifier and the corporate registration number are not distinct. The Mauritius licence GB24203983 is the more recent of the two, effective from July 2025.
Is Market Equity Safe?
Safety cannot be assumed from the licences alone. In favour of the broker, the operating entity is real, named, and independently traceable: MARKET EQUITY INC appears on the GLEIF Legal Entity Identifier record as an active Vanuatu company registered since 27 November 2017, at the same Port Vila address the site publishes. Against it, the broker publishes no statement anywhere that client funds are held in segregated accounts, no compensation scheme applies in either jurisdiction, and the account opening form accepts registrations from jurisdictions the broker's own terms refuse to serve.
Market Equity Account Types
Three live accounts are offered, all on MetaTrader 5, all denominated in USD and all with a $100 minimum deposit, a 0.01 minimum lot size and a 20% stop out level.
ECN: spreads from 0.0, commission $8 per lot, leverage to 1:500.
Money Back: spreads from 14 ticks, no commission, 3 ticks returned per trade, leverage to 1:500.
Scalping: spreads from 14 ticks, no commission, leverage capped lower at 1:200.
A MAM account for managed trading and a demo account are also published. All three live accounts are advertised as swap free.
Market Equity Spreads, Commissions and Fees
The choice is between paying commission and paying spread. The ECN account charges $8 per lot with spreads from 0.0, while the Money Back and Scalping accounts charge no commission but start at 14 ticks. The more significant cost for most clients is on funding: deposit fees run from 0.5% to 5.5% depending on the channel, which is high by industry standards and is charged before any trading begins.
Market Equity Leverage
Maximum leverage is 1:500 on the ECN and Money Back accounts and 1:200 on the Scalping account.
Market Equity Trading Platforms
MetaTrader 5 is the only platform. The broker distributes a branded Windows installer and provides access through Mac, the web terminal, iOS and Android, on the MarketEquityInc-Live and MarketEquityInc-Demo servers. No proprietary platform and no MetaTrader 4 offering are published.
Market Equity Deposits and Withdrawals
Nine funding channels are published on the : Visa and Master Card at a 3.5% deposit fee, Sticpay at 3%, Neteller and Skrill at 4% to 5%, Virtual Pay at 5.5%, FasaPay at 0.5%, and K-Net and DusuPay with no stated fee. Minimum deposits are $100 on most channels, $50 on Virtual Pay and $20 on DusuPay. The broker accepts funds only from an account in the client's own name, refuses third party payments, and requires card deposits to be withdrawn back to the originating card. Withdrawal fees are published for only two of the nine channels.
Market Equity Support
Support runs Monday to Friday, 9AM to 5PM, from offices in Port Louis, Mauritius and Port Vila, Vanuatu, with a UK international number, separate email addresses per office and live chat on the site. English is the only language published.
Market Equity Pros and Cons
Strengths: a real and independently traceable operating company with a verifiable eight year corporate record, two named physical offices with direct telephone numbers, a fully published account and fee table, and a low $100 entry point.
Limitations: no onshore regulation and no investor compensation in either jurisdiction, neither licence claim independently confirmed, deposit fees of up to 5.5%, no published statement of client fund segregation, MetaTrader 5 as the only platform, and an onboarding form that does not enforce the broker's own stated country restrictions.
Market Equity Review and Assessment
Market Equity is a functioning offshore broker with an unusually transparent corporate disclosure for its tier, naming both operating entities, their registration numbers and their registered offices in full. The most important consideration before funding an account is that the protection sits well below what an onshore licence provides: the deposit is exposed to a Vanuatu and Mauritius framework with no compensation scheme, and the broker makes no published commitment to segregate client money. Anyone considering an account should weigh the funding costs and the absence of that commitment against the low entry threshold.
Website archive
Captured
Website snapshots
11 full-page captures of Market Equity's own site, archived so what they said can still be read after the pages change.
No tier-1 or tier-2 licence is in force. The regulation Market Equity holds is lighter, and each licence's record says what its regulator requires.
2 of 2 checked
Licences on recordEvery licence or registration recorded for this broker, whether the broker claims it or our check found it.
2
Confirmed on registerLicences we located on the issuing regulator's own public register, with a screenshot taken at the time.
0
Tier 1 or 2Licences from tier-1 or tier-2 authorities (FCA, ASIC, CySEC and peers), the strongest client protection. A registration we could not confirm as a licence is not counted.
0
OffshoreLicences from offshore registers, which typically carry no compensation scheme and lighter oversight.
1
WIKILIX
Licence intelligence
The strongest of 2 licences on file
Licence Verification Record
The Financial Services CommissionGB24203983
Recorded from the firm's own disclosure. Not yet checked against the register.
Jurisdiction
Mauritius
Authority strength
Tier 3
Licence type
Dealing in securities
Effective
Jul 4, 2025
Shown on the Market Equity website
Shown
Not yet checked on the register
Client protection under this licence
Compensation schemeDeposit insurance covers up to MUR 300,000 per depositor
Complaints routeFSC complaints
Maximum leverageVaries by broker
These are the rules FSC sets for the firms it licenses. They are not a statement about how Market Equity applies them, or about which of its companies would hold your account.
A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
1Terms and Conditions (https://www.marketequity.com/en/terms-conditions/): the company does not offer or sell its products or services to citizens or residents of the United States of America, Belize, and the Member States of the European Union. US and BZ recorded as confirmed blocks.
2Site-wide footer risk warning, present on every page including https://www.marketequity.com/en/licenses-&-regulations: the information on this site is not directed at the residents of the United States, Russia, North Korea, Iran, Myanmar. RU, KP, IR and MM recorded as confirmed blocks alongside US.
3The 27 EU member states are recorded as likely rather than confirmed because the Terms name the union as a category and do not list its members individually.
4PR, GU, VI, AS and MP are recorded as dependent territories of the named United States block; none is itself named on any page.
5No whitelist is recorded. The registration form at https://portal.marketequityinc.com/RealAccount presents the full 246-entry ISO country set, including the United States, Belize and every EU member state that the Terms refuse, so the selector applies no onboarding filter and cannot evidence acceptance of any jurisdiction.
6The AML policy (https://www.marketequity.com/en/aml/) restricts by category only, naming sanction lists and high-risk countries without identifying any jurisdiction, so it adds no country codes.
7No dedicated restricted-countries page exists. The full main navigation and footer were enumerated on the site and contain no such link.
Deposits & withdrawals
Funding Methods
9 ways to fund an account. 2 with no deposit fee. The costliest way in is Virtual Pay at 5.5%.
MetaTrader 5 is the only platform offered, on the MarketEquityInc-Live and MarketEquityInc-Demo servers, with a branded Windows installer plus Mac, web terminal, iOS and Android access.
MARKET EQUITY INCActiveVanuatu·Registration 40221·Established Nov 27, 2017Vanuatu operating entity, holder of the VFSC dealing-in-securities licence and carrier of LEI 213800CC5YUP4INV6I64.
MARKET EQUITY CAPITAL LTDActiveMauritius·Registration C222538Mauritius affiliated entity named on the broker's regulation page as holder of licence GB24203983. Company number stated by the broker; not independently confirmed on the Mauritius companies register this run.
Company registry check
Checked
Company Registration
The operating company is MARKET EQUITY INC. Registered in Vanuatu. Registration number 40221.
Vanuatu Financial Services Commission Registry (entity corroborated via GLEIF LEI 213800CC5YUP4INV6I64)
Registered address
C/O Paul de Montgolfier et Associes Limited, Govant Building, Kumul Highway, 1st Floor, P.O. Box 1276, Port Vila, Vanuatu
Peer comparison
Brokers worth comparing
4 other brokers on the record share what Market Equity offers — its country, regulator, account types or platforms — set beside it on the same measures.
The operating company has an eight year verifiable record. MARKET EQUITY INC was registered in Vanuatu on 27 November 2017 according to its GLEIF Legal Entity Identifier record. The Vanuatu licence it trades under is more recent, effective from 30 December 2022, and the Mauritius licence more recent still, effective from July 2025.
The broker does not state anywhere on its site that client funds are held in segregated accounts. It publishes a safety of funds page describing strict standards and policies in general terms, but no specific commitment to segregation and no named custodian bank. Neither Vanuatu nor Mauritius provides an investor compensation scheme covering this broker.
Support runs Monday to Friday, 9AM to 5PM, in English only. The broker publishes an international number on +44 1 444 36 4444, direct lines for its Mauritius office on +230 2144881 and its Vanuatu office on +678 22158, separate email addresses per office, live chat on the site and a contact form. A complaint registration form is published as a downloadable document.
Yes, all three live accounts are advertised as swap free, and the site directs clients to its swap rates page for the detail behind that. Because the terms of a swap free offering can be conditional, it is worth confirming the conditions with support before relying on it for long held positions.
The broker's terms state that it does not offer its services to citizens or residents of the United States, Belize or the member states of the European Union, and its site-wide risk warning adds Russia, North Korea, Iran and Myanmar. Worth knowing before you apply: the account opening form itself presents the full international country list and does not enforce these restrictions, so being able to complete registration is not confirmation that your jurisdiction is served.
The site publishes forex, commodities, shares, futures, indices and CFDs, each with its own product page, plus contract specifications, swap rates and futures expiry schedules. Exact instrument counts are not published, so the size of the offering in each class cannot be stated.
Maximum leverage is 1:500 on the ECN and Money Back accounts, and 1:200 on the Scalping account. Neither Vanuatu nor Mauritius imposes the retail leverage caps that apply in the United Kingdom, the European Union or Australia, so this level of leverage would not be available to a retail client from an onshore-regulated firm.
MetaTrader 5 is the only platform. The broker provides a branded Windows installer along with Mac, web terminal, iOS and Android access, running on the MarketEquityInc-Live and MarketEquityInc-Demo servers. No MetaTrader 4 offering and no proprietary platform are published.
The site does not publish a withdrawal processing time for any channel. It states only that transfer times vary by the bank or payment provider involved and advises clients to check with their own institution. Because no committed timeframe is published, the speed of a withdrawal cannot be established in advance from the broker's own material.
Nine channels are published: Visa, Master Card, K-Net, Sticpay, Neteller, Skrill, DusuPay, Virtual Pay and FasaPay. The broker accepts funds only from an account or card in the client's own name and refuses third party payments, and card deposits must be withdrawn back to the card they came from. Withdrawal fees are published for only two of the nine channels, so the cost of taking money out is not fully disclosed before you deposit.
It depends on the account. The ECN account charges $8 per lot in commission with spreads from 0.0, while the Money Back and Scalping accounts charge no commission but start at 14 ticks. The Money Back account also returns 3 ticks per trade. For many clients the larger cost is the deposit fee, which runs from 0.5% to 5.5% depending on the channel used.
The minimum deposit is $100 on all three live accounts. Individual funding channels set their own minimums, and two are lower than the account minimum: DusuPay from $20 and Virtual Pay from $50. All accounts are denominated in USD.
The site states that Market Equity is jointly owned and operated by two affiliated companies. Market Equity INC is incorporated in Vanuatu with registered office at Govant Building, First Floor, Kumul Highway, Port Vila, and appears on the GLEIF Legal Entity Identifier record as an active company registered since 27 November 2017. Market Equity Capital LTD is stated to be incorporated in Mauritius as company C222538 at Sterling Tower, Port Louis.
Nothing found in this research indicates fraud. The operating company is real and independently traceable, its two offices and telephone numbers are published, and its account, fee and funding terms are disclosed in full. The genuine concern is protection rather than existence: both licences are offshore, neither jurisdiction runs an investor compensation scheme, and the broker makes no published commitment to hold client money separately from its own.
Market Equity claims regulation in two offshore jurisdictions and holds no onshore licence. Its site states that Market Equity INC is licensed by the Vanuatu Financial Services Commission under number 40221, and that affiliate Market Equity Capital LTD holds Mauritius Financial Services Commission licence GB24203983. Neither claim was confirmed against the issuing authority's own public register during this research, so both are treated as claimed rather than confirmed.
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