Is Loyalty FX Markets Safe or Scam?
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What is known about Loyalty FX Markets at the moment?
Loyalty FX Markets, a company that has recently closed its doors, was known for offering comprehensive online trading services as a Forex and CFD broker. The broker provided a variety of account types to cater to different trading needs and preferences, including Standard, ECN, Pro, and Raw accounts. Each account type came with its own set of features and benefits, aimed at providing flexibility and options for traders. The minimum deposit required to start trading with Loyalty FX Markets was set at a remarkably low $10, making it accessible to a wide range of investors. Additionally, the broker offered leverage of up to 1:500, allowing traders to amplify their positions significantly. This high leverage could potentially enhance profits but also came with increased risk. The closure of Loyalty FX Markets has undoubtedly impacted its clientele, raising concerns about the management and security of their investments.
| Company name | Loyalty FX Markets |
|---|---|
| Foundation date | 2019 |
| Registration address | Saint Vincent and the Grenadines |
| Operating geography | Worldwide |
| Specialization | Forex, CFDs on stocks, indices, commodities, and cryptocurrencies |
| Regulation | ⚠️ Scam |
| Official site | https://loyaltyfxmarket.com/ |
| Contacts |
support@loyaltyfxmarket.com
447723459208
|
Information is based on publicly available regulatory sources and published in accordance with our Financial Warnings & Scam Database methodology.
TU Expert Advice: “I do not recommend Loyalty FX Markets”
I have been working in the financial services market for a long period of time and consider myself an expert in safe investing. I can note that Loyalty FX Markets demonstrates the following characteristics:
- Loyalty FX Markets is not regulated by a Level 1 regulator.
- Loyalty FX Markets is not regulated by a Level 2 regulator.
- Loyalty FX Markets is not regulated by a Level 3 regulator.
- The company is either registered offshore or its registration number cannot be confirmed through official online databases.
- The information about the Loyalty FX Markets’s management is either absent or unreliable.
I recommend completely disregarding any mentions of such companies and refraining from doing business with them and its affiliate bodies. If you are already a client of such a company, immediately explore all options for getting your money back, up to filing a complaint with the financial oversight authorities and courts.
I recommend choosing only reliable and verified partners for trading on financial markets. You can use our 'Find my broker' tool for this purpose.
Which sources were utilized to evaluate the security of Loyalty FX Markets?
The following information was used for the analysis and assessment of Loyalty FX Markets reliability:
- Registration details and information on licenses of brokers, financial companies, and their subsidiaries are published on their official websites.
- Information from regulators' registries, including warnings, comments, and publications by regulators.
- Data from analytical portals, including reviews, complaints, and claims filed by traders.
The latest database update: June 04, 2026.
Why do we have the expertise to assess the reliability of Loyalty FX Markets?
Over the years of working with the analysis of financial companies, Traders Union has accumulated a significant knowledge database. Our analysts know how to distinguish scams from reliable companies. Every month, we publish important insights on this topic.
Conclusion Before starting to work with a broker, gather as much information about the company as possible. Compare its registration address and phone numbers across different resources. Ensure that the user agreement matches the company you intend to work with. Check the website for inactive links or layout errors.
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Team that worked on the article
Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018.
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets.