Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
9/10 · CriticalAccepted deposits for leveraged CFD trading while naming no regulator or licence number anywhere on the site, and we found no licence on any register.
Identity & transparency
9/10 · CriticalNo company name, no ownership and no registered address were ever published, and the Cyprus register returned no match for the recorded operator name or the brand.
Withdrawals & conduct
5/10 · ModerateCredible fund integrity reports of unpaid withdrawals and blocked callers in 2019 and 2020, tempered by some clients being paid and support answering publicly.
Reputation
6/10 · HighCoverage is thin overall and predominantly negative where it exists, concentrated in one Vietnamese community, with no regulator warning naming the domain.
Website claims
7/10 · HighPromoted risk-free trading, a 100% bonus and five awards with no awarding body named, while disclosing nothing verifiable about who was behind it.
Operational history
7/10 · HighBroker activity evidenced only from late 2018 to 2020 before the site went dark, and the operating entity could not be dated at all.
Who they are
A quick desk file on the company behind the brand.
- Brand: MarketBrokers (styled Market Brokers)
- Legal entity: None disclosed. The site named no company anywhere. Our own record carries the name Ten Barosh, which we could not confirm in any registry.
- Registered: No registered address was ever published. A search of the Cyprus register returned no match for the recorded name or the brand.
- Website: marketbrokers.com. The domain was first registered on 30 June 2001, but it only carried broker content from 2018. It now redirects to a domain sale page.
- Only licence: None. No regulator, licence number or supervisory claim appeared on any page we read.
- Offers: Forex and CFDs on indices, shares, oil and gold through MetaTrader 4 and a web platform, with a 100% welcome bonus, leverage up to 1:400 and deposit tiers named Silver, Gold, Platinum and Diamond.
- Not accepted: No restricted country list was published, which is itself unusual for a firm soliciting across borders.
- Age claim: The site made no founding claim. Broker activity is evidenced from late 2018 to 2020.
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
No licence claims on record.
Why we reached this verdict
How the evidence adds up.
We reached this verdict because an operation that takes client money should be identifiable, and this one deliberately was not.
- It took deposits with no licence at all. We read the homepage, the About page, the contact page and the footer from dated captures of the site. Not one of them named a regulator, a licence number, a company or a country. A business accepting margin deposits for leveraged CFDs has to be authorised somewhere, and nothing here points to any authority.
- There is no company behind it that we can find. Our record lists the operator as Ten Barosh in Cyprus. We searched the Cyprus Registrar of Companies for both Barosh and Marketbrokers on 29 August 2026. Both searches returned zero results. The contact page offered only an email address and two phone numbers, with no street address.
- The sales funnel matches the unlicensed boiler-room pattern. The homepage promoted a 100% welcome bonus, leverage up to 1:400, free gifts on first deposit, a personal account manager, daily trading signals and, in its own words, 'risk-free trading'. Account tiers were sorted purely by deposit size, up to a Diamond tier above 50,000 US dollars. The site also displayed five awards, including 'Most Trustworthy Broker 2017', without naming a single awarding body.
- Clients reported not getting their money back. On Vietnam's main trading forum, a thread running from April to October 2019 carried more than 20 posts. One user said a withdrawal was still unpaid after nearly half a month. Another said support cut the call and then blocked the number. A third wrote that it was a scam and that it had just happened to them. A separate thread in May 2020 involved a 1,000 US dollar deposit and pointed to Facebook group reports of withdrawals not arriving.
- It has since disappeared. The domain record was last changed on 1 July 2026 and marketbrokers.com now redirects to a commercial domain sale listing on parking nameservers. A deposit-taking business that folds after complaints about unpaid withdrawals, leaving no company anyone can pursue, is the shape this verdict describes.
On the age figure. The domain dates from 2001, but that number is an upper bound and should not be read as a track record. We could not date the operating entity at all, because no company matching it appears in the register, so the calculation rests on the domain alone. The archived captures show the domain carried unrelated content for years and only became a broker site in late 2018.
What we did not find. No regulator has published a warning naming this domain, and we found no evidence that it impersonated another firm. Our own record flags it as a suspicious clone, and on the evidence we gathered that label is not supported.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The site published no regulator, licence number, company name or registered address anywhere on its English homepage, including the full footer.
E2The contact page gave only an email address and two phone numbers, with no company, no country and no street address.
E3The About page described the operation only in general terms and named no legal entity, no jurisdiction and no founding year.
E4The homepage advertised a 100% welcome bonus, leverage up to 1:400, free gifts on first deposit, a personal account manager, daily trading signals and an offer described as risk-free trading.
E5Account tiers were graded purely by deposit size, from under 5,000 US dollars up to a Diamond tier above 50,000 US dollars, with better support and gifts at higher deposits.
E6The homepage displayed five awards, including Most Trustworthy Broker 2017 and Best Forex Educators 2017, without naming any awarding organisation.
E7Vietnamese traders reported across more than 20 posts between April and October 2019 that a withdrawal was unpaid after nearly half a month, that support cut the call and blocked the number, and that they considered it a scam.
E8A separate May 2020 thread involved a 1,000 US dollar deposit and referenced Facebook group reports of clients being unable to withdraw from this platform.
E9Some users in the same 2019 thread reported receiving their funds after support intervened, and an official support account for the broker replied publicly to complaints in September 2019.
E10The Cyprus Registrar of Companies returns no company whose name begins with Barosh, the operator name carried on our record for this broker.
E11The Cyprus Registrar of Companies also returns no company whose name begins with Marketbrokers.
E12The domain marketbrokers.com was first registered on 30 June 2001, was last changed on 1 July 2026, and now sits on GoDaddy parking nameservers.
E13Visiting marketbrokers.com today redirects to a commercial domain sale listing rather than any trading site, confirming the operation has ceased.
E14Archive coverage shows broker content on the domain only from late 2018 to 2019, an under construction placeholder in 2021, and no trading site thereafter.
E15Searches for regulator warnings or alerts naming this brand or domain returned no hits as of 29 August 2026.
The other side
The strongest case in this broker’s favour.
In fairness to the operator, several points cut the other way and we weighed them.
- Some clients were paid. In the same 2019 forum thread, users reported receiving their funds after support stepped in, and an official support account for the broker replied publicly to complaints in September 2019. A pure theft operation usually does not answer its accusers in the open or settle any of them.
- No regulator ever warned about it. We searched for alerts naming the brand and the domain and found none. Warning lists lag, so this is not clearance, but it is a genuine absence and we record it as such.
- The complaints sit essentially on one platform. Almost everything we found came from a single Vietnamese community, with Facebook mentioned only second hand. Under our own rules that counts as one signal, not several, so we held the complaint pattern at moderate rather than strong.
- Being unlicensed is not automatically fraud. Plenty of offshore operations run without meaningful supervision and still pay their clients. We checked whether this was a prop firm, an introducer or an education seller, which need no broker licence. It was not. The site opened live and demo trading accounts and took deposits directly, so the licensing question genuinely applies.
- The domain is genuinely old. Registered in 2001, it is not a throwaway registration, and a closing business selling a valuable domain is ordinary commercial behaviour rather than proof of an exit.
These points are why we say likely rather than confirmed. They do not answer the central problem: a firm holding client money that publishes no company, no address and no regulator leaves its clients with nobody to pursue.
What would change this
What we would need to see to revise the verdict.
We would revise this assessment on any of the following.
- A register entry from any real financial regulator showing a licence held by the operator of marketbrokers.com during the period it took deposits.
- A company registry record naming the entity behind the site, with an incorporation date and a registered address that matches something the site published.
- Evidence that the withdrawal complaints from 2019 and 2020 were resolved in full, for example a documented settlement or a run of confirmed payouts after the complaint window.
- Proof that the complaints were planted, such as the same wording appearing under other brokers or the accounts being created for the purpose.
- Conversely, a regulator warning naming this domain, an enforcement action, or credible reports of a demand for an extra payment before releasing funds would push this to a confirmed scam.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Cyprus Registrar of Companies search for Barosh
Official Cyprus register. Returns no company matching the operator name on our record.
Cyprus Registrar of Companies search for Marketbrokers
Same official register, searched on the brand name. No company found.
Domain registration record for marketbrokers.com
Shows the 2001 registration date, the July 2026 change and the parking nameservers.
Vietnamese trader discussion of Market Brokers
Community thread from 2019 with the withdrawal complaints we cite.
Archived MarketBrokers homepage, November 2019
The site as it stood, showing the bonus offers and the absence of any regulator.
Frequently asked questions
Quick answers about this broker’s safety.
Is MarketBrokers a scam?
On our evidence it is very likely a scam, and it is no longer trading. It took deposits for leveraged CFDs without naming any company, address or regulator, and clients reported that withdrawals went unpaid. We rate the risk at 76%.
Is MarketBrokers regulated?
No. We read the homepage, About page, contact page and footer from dated captures of the site and found no regulator, no licence number and no supervisory claim of any kind. We found no licence for it on any register.
Is the website still working?
No. marketbrokers.com now redirects to a commercial domain sale listing. The domain record was last changed on 1 July 2026 and it sits on parking nameservers.
Can I still withdraw my money from MarketBrokers?
Almost certainly not through the platform, because it no longer operates. Your realistic routes are a chargeback through your bank or card issuer if the payment is recent enough, and a report to the authorities where you live.
Who owned MarketBrokers?
We could not establish it. The site never published a company name, an owner or a registered address. Our own record carries the name Ten Barosh, but a search of the Cyprus register returned no company matching that name.
Was MarketBrokers based in Cyprus?
We could not confirm that. Our record says Cyprus, but the Cyprus register holds no company matching either the operator name or the brand. The site published no address at all, so we treat the country as unknown.
How old was MarketBrokers?
The domain was registered in 2001, but that is not the age of the business. Archived captures show it only carried broker content from late 2018, and the last signs of activity are from 2020.
Was MarketBrokers a clone of another broker?
We found no evidence of that. It did not display another firm's licence number or copy an established brand's identity in anything we read. Our internal record flagged it as a suspicious clone, and that label is not supported by what we found.
What did clients complain about?
Withdrawals. On Vietnam's main trading forum, users reported in 2019 that a withdrawal was still unpaid after nearly half a month, that support hung up and then blocked their number, and that they considered it a scam. A 2020 thread pointed to similar reports in Facebook groups.
Did anyone get their money back?
Some did. In the same 2019 thread a few users reported receiving funds after support intervened, and an official support account replied publicly to complaints. That is why we say likely rather than confirmed.
What were the warning signs on the site?
A 100% welcome bonus, leverage up to 1:400, free gifts on first deposit, a personal account manager, daily signals, an offer described as risk-free trading, deposit tiers up to 50,000 US dollars, and five awards with no awarding body named. Above all, no company and no regulator anywhere.
Someone contacted me offering to recover my MarketBrokers funds. Should I pay?
No. Recovery offers that ask for an upfront fee are a follow-up scam that targets people who already lost money. Report the approach and never pay a fee, tax or insurance charge to release a balance.
What should I check before depositing with any broker?
Find the legal entity name and registered address on the site, then look up the licence number on the regulator's own register and confirm the register lists that same company and website. If a site will not tell you who it is, that alone is enough reason to walk away.
What we recommend
The practical takeaway from everything above.
Our advice is straightforward, because there is no longer a business here to deal with.
- Do not send money to any site trading under this name. The original operation is gone and the domain is for sale, so anything appearing at this address in future is a different party.
- If you are approached by someone claiming to represent MarketBrokers, treat it as a recovery approach and do not pay any fee. Former client lists are routinely reused for follow-up scams.
- If you deposited and were not paid, report it to the police or financial authority where you live, and to your bank or card issuer. Card payments may still support a chargeback depending on timing.
- Keep your records. Deposit receipts, chat logs, account statements and the names your account manager used are what any investigation will need.
- Never pay a tax, fee or insurance charge that someone says is needed to release your balance. No legitimate broker requires that.
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 August 29, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.