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Is Dowmarkets regulated? wanna try their start account.
Evgeniya
Meksiko
2025-08-15
ANSWER Dear Investor, We would like to advise that Dowmarkets appears to operate without any legitimate regulatory oversight. The firm does not display any regulatory information on its website and only states that it operates under the company name Update Ltd, registered in the Republic of the Marshall Islands. While we have verified the company’s registration with the Marshall Islands Registry (IRI), it is important to note that the IRI is neither a government agency nor a financial regulator, and it does not provide licensing or supervision for foreign exchange activities. Registration with IRI does not equate to authority to offer financial services. Furthermore, we have found no evidence of regulation by any recognized regulator. Operating without proper oversight significantly increases the risks to investors, including lack of fund protection, transparency, and recourse in case of disputes. Given these concerns, we strongly advise against depositing funds with Dowmarkets. Always conduct thorough due diligence before engaging with any investment platform.
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How long does it take to credit my account after withdrawl?
Eugene
Latvia
2023-07-28
ANSWER Although it is registered with the Marshall Islands Registry (IRI), Dowmarkets, a forex broker, remains unsupervised by any regulatory body. As such, we strongly suggest you steer clear of this platform whose offering of investment services/products is in the absence of the required authorization.Despite us having located a firm called Update Ltd on the IRI register, the firm Dowmarkets claims it belongs to, it is crucial to note the IRI only a privately held registrar of companies and it has no authority to issue licenses for forex trading and brokerage. Therefore, Dowmarkets falls outside the regulatory framework.In conclusion, due to the unlicensed status, Dowmarkets comes with significant risks, such as financial losses and identity theft, as there are no rules in place to protect investors from fraud or theft. Therefore, we highly recommend avoiding unlicensed brokers like Dowmarkets and instead choosing a fully regulated one.
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Data yang terdapat dalam situs web ini mungkin tidak real-time dan akurat. Data dan harga di situs ini tidak mesti disediakan oleh pasar atau bursa, tetapi mungkin disediakan oleh pembuat pasar, sehingga harga mungkin tidak akurat dan berbeda dari harga pasar yang sebenarnya. Yaitu, harga ini merupakan harga indikatif hanya untuk mencerminkan tren pasar, dan tidak menguntungkan untuk tujuan trading. Penyedia data yang terdapat dalam Situs Web tidak bertanggung jawab atas kerugian apa pun yang Anda alami sebagai akibat dari aktivitas trading Anda atau ketergantungan pada informasi yang terkandung dalam Situs Web.