Inmarket FX Review (2023)

Inmarket FX is a Forex broker, owned and operated by Integrated Markets LLC. The company is based and registered in Vanuatu, one of the popular offshore destinations where the brokers get their forex licenses. It is quite risky to trade with these firms. Usually, the companies that operate in the offshore areas (such as the Republic of Vanuatu) are not licensed nor regulated and considered to be frauds.
Also, the website supports only Spanish language which means it has been targeting Spanish residents. As a proof to this, there is a warning against Inmarket FX from Spain’s regulator issued in October 2017:
“INTEGRATED MARKETS LLC www.inmarketfx.com is not authorised to provide the investment services detailed in Article 140 of the Securities Markets Law, which include investment advice, or to provide the auxiliary services detailed in letters a), b), d), f) and g) of Article 141 of the said Law in relation to the financial instruments detailed in Article 2 of the said Law, including, for those purposes, foreign currency transactions.”

Conclusion

We always encourage traders to deal only with regulated brokers, as those operating without a proper forex broker license are most often frauds. Besides, when investing with a licensed broker, trader guaranteed to get a protection of the funds. For example, UK regulator FCA provides a Financial Services Compensation Scheme. Traders should trade with well-regulated brokers such as UK brokersor brokers in Australia and reliable brokers such as FBS and BlackBull Markets.