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Pravda Markets logo

Pravda Markets

Offshore
Comoros
,
Last Updated:
20/100
Overall Score

Trading Conditions

Min Deposit:
USD100
Max Leverage:
400
Account Types
ECN AccountNo Swap AccountStandard AccountStandard Swap FreeECN Account+1 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

No funding methods available

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 4%, 2: License 25%, 3: Software 50%, 4: Spread 0%, 5: Account Type 40%, 6: Symbol 0%
Regulation
4%Poor
License
25%Poor
Software
50%Fair
Spread
0%Poor
Account Type
40%Poor
Symbol
0%Poor

Company Information

Full Name:Pravda Markets LTD
Founded:N/A
Headquarters:Comoros
Enterprise Offices:1offices

Customer Support

Phone:
+382 68 930 313
Live Chat:
Not Available
Response Time:
Languages:
English
Scroll Down

Is Pravda Markets a scam?

Wikilix independent safety report

Read the full report
0%Scam risk
Likely scamConfidence: MEDIUM
2.0/5Safety rating 2 out of 5

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)

Regulation7/10 · HighIdentity & transparency6/10 · HighWithdrawals & conduct8/10 · CriticalReputation7/10 · HighWebsite claims9/10 · CriticalOperational history7/10 · High
Editorial review
Updated

Broker Summary

What Wikilix has recorded about Pravda Markets: its history, the licences it holds, its trading conditions and its fees.

Pravda Markets Broker Overview

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 Regulation and License

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.

Is Pravda Markets Regulated?

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

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.

Is Pravda Markets Safe?

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 Account Types

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.

  • Standard Account and Standard Swap Free, presented as suitable for any level of experience.
  • ECN Account and ECN Swap Free, presented as offering direct market access for professional traders.
  • IB Program, which is a partner arrangement rather than a retail trading account.

Beyond the minimum, the leverage cap and the margin out level, nothing is published that separates one tier from another.

Pravda Markets Spreads, Commissions and Fees

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.

Pravda Markets Leverage

Maximum leverage is 1:400, applied uniformly across every account the broker lists.

Pravda Markets Trading Platforms

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.

Pravda Markets Deposits and Withdrawals

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.

Pravda Markets Support

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 Pros and Cons

  • The operating company, its registration number and two physical addresses are named openly on the site.
  • MetaTrader 5 is offered across desktop, mobile and web, and swap free variants are available.
  • The entry point is low at 100 USD.
  • The single licence claim is offshore and could not be confirmed on any official record.
  • No client agreement, terms, privacy policy or withdrawal terms are published.
  • No commission or fee schedule and no funding conditions are published.
  • There is no online account opening, and leverage reaches 1:400 without onshore supervision.

Pravda Markets Review and Assessment

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.

Website archive
Captured

Website snapshots

7 full-page captures of Pravda Markets's own site, archived so what they said can still be read after the pages change.

7 pages
Homepage
About Pravda Markets
Contact & Company Details
Forex Contract Specifications
Crypto Contract Specifications
Partnership & Affiliate Program
Homepage (pravdamrkts.com)
Captured by Wikilix from the broker's live site. Open any shot to read it full size.
Regulation check
Checked

Regulatory Licenses

Every licence on record has expired or been closed on its register. We hold no evidence that Pravda Markets is regulated today.

1 of 1 checked
Licences on record
1
Confirmed on register
0
Tier 1 or 2
0
Offshore
0

How far our check got

  • 1 confirmed on a register
  • MISATier 4OffshoreExpiredComorosRetail Forex LicenseNo. BFX2024078Confirmed on registerChecked

    What the register says

    Licence number
    BFX2024078
    Type
    Retail Forex License
    Register status
    Listed as Active on the register, but the only licence term shown on the certificate ended 10 April 2025
    Effective
    Apr 10, 2024
    Expires
    Apr 10, 2025
    Shown on the Pravda Markets website
    Shown

    What our check found

    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.

    Register screenshot, captured Sep 23, 2026

    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.

    Client protection under this licence

    • No compensation scheme
    • Negative balance protection
    • No complaints route
    • Maximum leverage1:997

    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.

    About Moroni International Services Authority

    Offshore regulatorGovernment bodyNo compensation schemeNo public registerTransparency: low
    Typical cost of this licence
    USD 3000-7000
    Open the full licence record
Trading accounts
Updated

Account Types

4 account types on record. Minimum deposit from USD 100. Leverage up to 1:400.

4 account types
AccountMin DepositLeverageCommission
Standard AccountStandardUSD 1001:400Not recorded
Standard Swap FreeSwap-FreeUSD 1001:400Not recorded
ECN AccountECNUSD 1001:400Not recorded
ECN Swap FreeSwap-FreeUSD 1001:400Not recorded
Account names and conditions as published by Pravda Markets, recorded by Wikilix.
Client acceptance

Country availability

Where Pravda Markets says it will and won't take clients

7 countries

Confirmed blocked

Named in the broker's own terms

USUnited StatesTRTürkiye

Covered by a parent block

Territories a blocked country carries with it

PRPuerto RicoGUGuamVIVirgin Islands (U.S.)ASAmerican SamoaMPNorthern Mariana Islands
How we know — 10 sources
  1. 1United States and Turkey are blocked. The footer disclosure on https://pravdamarkets.com/ states that PRAVDA MARKETS LTD. does not provide services for the residents of certain countries, such as the USA and Turkey.
  2. 2The footer risk warning on the same page adds that the site is not directed at, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in the United States, which corroborates the US block.
  3. 3PR, GU, VI, AS and MP are recorded as dependent territories of the named United States block. The broker does not name any of them itself.
  4. 4The wording certain countries, such as indicates the published list is not exhaustive, but no further jurisdiction is named anywhere on the site, so no further code was recorded.
  5. 5The same risk warning also excludes any other jurisdiction where distribution, publication, availability or use would be contrary to applicable law or regulation. That is a category rather than a list of countries, so no codes were inferred from it.
  6. 6Client agreement and terms: not published. The site serves only /, /about, /contact, /forex, /commodities, /stocks, /indices, /crypto and /partnership, and every candidate legal path resolves to the same application shell.
  7. 7Dedicated countries page, FAQ or help centre: none published on the site.
  8. 8Signup country list: no registration or open-account form is published on the site and its application carries no country list, so no onboarding selector could be read. The only onboarding route offered is a contact form at https://pravdamarkets.com/contact.
  9. 9AML or KYC policy, deposit and withdrawal page, partner terms: no AML or funding page is published; the affiliate terms at https://pravdamarkets.com/partnership name no excluded jurisdiction.
  10. 10Per-language variants: the site publishes a single English version with no per-country variants.
Recorded by WIKILIX research, not published by the broker, and not a guarantee. A country listed nowhere above is not thereby accepted — check Pravda Markets's own terms before you open an account.
Trading software

Trading Platforms

One trading platform on record: Meta Trader 5.

1 platform
  • Meta Trader 5 logo

    Meta Trader 5

    Recommended

    by MetaQuotes Software Corpsince 2010Developer site

    The 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
    Download
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

2 domains on record. All active and served over HTTPS.

2 domains
  • pravdamarkets.comListed domainActiveHTTPS
  • panel.pravdamrkts.com/loginRegionalActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

3 official channels on record.

3 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the Pravda Markets brand.

1 entity
  • PRAVDA MARKETS LTDActiveComorosRegistration HT00324050The only legal entity the broker names. Stated on its own site as incorporated in the Comoros Union in 2024 with authorised capital of USD 250,000 and an operating office in Podgorica, Montenegro. The registration number could not be confirmed against an official register: the Mwali jurisdiction publishes no public company-register search and the entity holds no LEI record.
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Company registry check
Checked

Company Registration

The operating company is PRAVDA MARKETS LTD. Registered in Comoros. Registration number HT00324050.

Verified on registry
Legal entity
PRAVDA MARKETS LTD
Registration number
HT00324050
Jurisdiction
Comoros
Registry
Mwali International Services Authority, Registrar of Companies
Registered address
Bonovo Road, Fomboni, Island of Moheli, Comoros Union

Comments

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