
Meta Trader 5
RecommendedThe only platform offered. The site links the generic MetaQuotes installers and web terminal and publishes no broker trading server name or client portal.
Runs on
- Windows
- Mac
- Linux
- Web
- Android
- iOS
- API

No funding methods available
Wikilix independent safety report
We assess Pravda Markets as high risk and rate the likelihood of a scam at 74 percent. The company is real and its licence is real, but the licence comes from an authority that the Comoros central ba…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
What Wikilix has recorded about Pravda Markets: its history, the licences it holds, its trading conditions and its fees.
Pravda Markets is a forex and CFD brand operated by PRAVDA MARKETS LTD, a company the broker states was incorporated in the Comoros Union in 2024. It offers a single trading platform, MetaTrader 5, and advertises more than 150 instruments across forex, commodities, stocks, indices and cryptocurrencies. The published entry conditions are a minimum deposit of 100 USD, leverage of up to 1:400 and spreads from 0.0 pips. Its regulatory position rests on one offshore licence claim that this review could not confirm on any official record.
Pravda Markets makes one regulatory claim. Its own website states that PRAVDA MARKETS LTD holds a licence under the Brokerage Act 2013 from the Mwali International Services Authority (MISA), numbered BFX2024078 and issued on 10 April 2024, under the International Business Companies Act 2014 of the Autonomous Island of Mwali (Moheli), Comoros Union. The site gives the authorised capital as 250,000 USD.
This is a claimed licence rather than a confirmed one. MISA is an offshore authority in the Comoros and operates no public licence lookup, so a prospective client has no way to check the number for themselves. No regulator in any mainstream market supervises this entity.
Not in any way a client can verify. The only authority named is an offshore Comoros body whose licence this review could not confirm against an official record, and there is no authorisation from a regulator that supervises retail forex in a major market. A MISA authorisation carries no compensation scheme, no requirement to hold client money separately from company money, and no complaints route a client could use.
PRAVDA MARKETS LTD is the only legal entity the brand names, and the name is used consistently across the website and its risk disclosure. The company publishes registration number HT00324050 and a registered office at Bonovo Road, Fomboni, Island of Moheli, Comoros Union. Its working office is given separately as 80 Bulevar Pera Cetkovica, Spr. 3, St 12, Podgorica 81000, Montenegro, so the business is run from Europe while being incorporated offshore.
The registration itself could not be confirmed. The Mwali jurisdiction publishes no searchable public company register, and a search of the Global Legal Entity Identifier Foundation records returned no entry for the company. The registration number should be read as a company claim rather than an established fact.
There is not enough verifiable protection in place to call it safe. The company is young, its single regulatory claim is unconfirmed, and it publishes no client agreement, no terms and conditions, no privacy policy and no withdrawal terms. The contractual basis on which it would hold client money and pay it back is therefore not disclosed anywhere.
Pravda Markets lists five account options and publishes the same headline figures for every one of them: a minimum amount of 100 USD, leverage up to 1:400 and a 20% margin out level.
Beyond the minimum, the leverage cap and the margin out level, nothing is published that separates one tier from another.
The site advertises spreads from 0.0 pips and gives no further pricing. There is no commission schedule, no swap table, no inactivity fee and no funding fee published anywhere, and no spread figure is attached to any individual account. A prospective client cannot establish what it costs to trade before making contact.
Maximum leverage is 1:400, applied uniformly across every account the broker lists.
MetaTrader 5 is the only platform offered, with links for Windows, macOS, Android, iOS, Linux and the web terminal. Those links point to the generic MetaQuotes installers rather than a broker build, and the site names no trading server and provides no client portal or account login.
The broker names four payment channels: Bitcoin, Visa, Mastercard and bank transfer. It publishes no deposit or withdrawal page, so fees, minimum and maximum amounts, processing times and withdrawal conditions are all undisclosed. The only related statement is a marketing reference to fast withdrawal processing, which no published term supports.
Support is offered by email at info@pravdamarkets.com and by telephone on +382 68 930 313, a Montenegrin number. There is no live chat, no published support hours and no ticketing portal. The site offers no online account opening: the stated route is a contact form, after which account specialists make contact.
Pravda Markets presents as a young offshore brand whose commercial offer is conventional but whose disclosure is unusually thin. The most important consideration before funding an account is that the company publishes no contract of any kind: without terms, a client has no written basis for how their money is held, what trading costs, or on what conditions a withdrawal is paid. Anyone considering a deposit should ask for the client agreement and the fee schedule in writing first, and should weigh that the only supervision claimed comes from an authority offering no route of redress.
7 full-page captures of Pravda Markets's own site, archived so what they said can still be read after the pages change.
Every licence on record has expired or been closed on its register. We hold no evidence that Pravda Markets is regulated today.
A company registrar on the autonomous island of Moheli in the Comoros that sells brokerage registrations. It does not supervise how client money is held, runs no compensation scheme and resolves no disputes. The Banque Centrale des Comores, the country's actual central bank, has publicly stated that this register has no legal basis to license financial firms. Client protection: None in practice. No compensation scheme, no segregated-funds supervision and no dispute body a client can appeal to.. Effective: 10 Apr 2024. Expires: 10 Apr 2025.
Verification note
Claimed by the broker in the footer of its own website as a Brokerage Act 2013 licence from the Mwali International Services Authority, issued 10/04/2024 with authorised capital of USD 250,000. Not confirmed against the authority's own records in this check, and the authority operates no public licence lookup. Offshore tier 4: no compensation scheme, no client-money segregation requirement and no complaints mechanism for clients.
These are the rules MISA sets for the firms it licenses. They are not a statement about how Pravda Markets applies them, or about which of its companies would hold your account.
4 account types on record. Minimum deposit from USD 100. Leverage up to 1:400.
| Account | Min Deposit | Leverage | Commission |
|---|---|---|---|
| Standard AccountStandard | USD 100 | 1:400 | Not recorded |
| Standard Swap FreeSwap-Free | USD 100 | 1:400 | Not recorded |
| ECN AccountECN | USD 100 | 1:400 | Not recorded |
| ECN Swap FreeSwap-Free | USD 100 | 1:400 | Not recorded |
Where Pravda Markets says it will and won't take clients
Confirmed blocked
Named in the broker's own terms
Covered by a parent block
Territories a blocked country carries with it
One trading platform on record: Meta Trader 5.

The only platform offered. The site links the generic MetaQuotes installers and web terminal and publishes no broker trading server name or client portal.
2 domains on record. All active and served over HTTPS.
One legal entity behind the Pravda Markets brand.
The operating company is PRAVDA MARKETS LTD. Registered in Comoros. Registration number HT00324050.
4 other brokers on the record share what Pravda Markets offers — its country, regulator, account types or platforms — set beside it on the same measures.
Common questions about Pravda Markets
There is no external route of redress. The only authority the company names is an offshore Comoros body with no complaints mechanism, no compensation scheme and no requirement that client money be held separately from company money. With no client agreement published either, a dispute would rest on whatever was agreed privately with the company.
By email at info@pravdamarkets.com or by telephone on +382 68 930 313. There is no live chat, no support portal and no published support hours, and the company maintains no social media profiles that its site links to.
Yes. Standard Swap Free and ECN Swap Free variants are listed, carrying the same published figures as their standard counterparts: 100 USD minimum, 1:400 leverage and a 20% margin out level. No further specification distinguishing them is published.
It names only the countries it refuses. The site states that PRAVDA MARKETS LTD does not provide services to residents of certain countries, such as the USA and Turkey, and its risk warning separately excludes anyone resident in or located in the United States. No list of accepted countries is published, so acceptance anywhere else cannot be assumed.
The broker does not publish a withdrawal processing time. Its only statement on the subject is a marketing reference to lightning-fast withdrawal processing, which is not a term and carries no commitment. Because no client agreement is published, the conditions under which a withdrawal is paid are not documented anywhere.
The broker names four channels: Bitcoin, Visa, Mastercard and bank transfer. It publishes no deposit or withdrawal page, so fees, minimum and maximum amounts and processing times are not disclosed. The site advertises fast withdrawal processing, but no published term supports that claim and there is no withdrawal policy of any kind.
There is no online account opening. The site publishes no registration form; the stated route is to submit a contact form at pravdamarkets.com/contact, after which account specialists make contact. A prospective client therefore cannot see the account terms before speaking to a salesperson.
MetaTrader 5, and nothing else. Links are provided for Windows, macOS, Android, iOS, Linux and the web terminal, but they point to the generic MetaQuotes downloads rather than a broker build, and the site names no trading server and offers no client portal or account login.
The site does not say. The only pricing statement anywhere is that spreads start from 0.0 pips. There is no commission schedule, no swap table, no inactivity fee and no funding fee published, and no spread figure is attached to any individual account, so the real cost of trading cannot be established before making contact.
Up to 1:400, applied uniformly across all of its accounts. Leverage at that level magnifies losses as much as gains, and because no onshore regulator supervises the company there is no negative balance protection requirement behind it.
100 USD. The same minimum applies to every account the broker lists, including the Standard, Standard Swap Free, ECN and ECN Swap Free options.
It is incorporated offshore and run from Europe. The registered office is in the Comoros Union, while the working office is given as 80 Bulevar Pera Cetkovica, Spr. 3, St 12, Podgorica 81000, Montenegro. The published telephone number is a Montenegrin one.
The brand is operated by PRAVDA MARKETS LTD, which the site gives as a Comoros Union company with registration number HT00324050 and a registered office on Bonovo Road, Fomboni, Island of Moheli. No directors, officers or shareholders are named anywhere on the site, and the registration could not be verified against an official register.
Nothing found in this review establishes fraud, and nothing establishes that the operation is safe either. It should be treated as unverified. The company names itself openly and publishes contact details, but its licence and its company registration could not be confirmed anywhere, and it publishes no client agreement or withdrawal terms at all.
Not in any way that can be confirmed. Pravda Markets claims one licence, BFX2024078, from the Mwali International Services Authority in the Comoros, an offshore authority that operates no public licence lookup. This review could not confirm the licence on any official record, so it stands as claimed rather than held. No regulator in a mainstream market supervises the company.
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