In the FTI app,On-site traders and special traders you can refer to the top 100 forex brokers for your trading needs. If a broker is not in the top 100, pay close attention to their regulatory licenses, white label relationships, and risk warnings.

Today, I want to help you evaluate a Forex broker——MarketTrader. Recently some investors have asked if this forex broker is legitimate and reliable.

Old Domain, New Platform

While the domain of MarketTrader was originally registered on November 13, 2001, the site’s content, regulatory disclosures, and platform details suggest that it was updated and rebranded much more recently. In fact, the domain was last updated on February 20, 2025.

This reminds us:

• An old domain doesn’t mean the platform has a long history.

• The brand and platform could simply be a "relaunch in a recycled shell."

Limited Server Infrastructure

• Only 2 MT5 servers deployed — located in China and the USA.

• Such a minimal setup is insufficient for handling global clients or providing stable, low-latency trading.

• Compared to industry standards, this is a clear technical limitation.

White Label Network – Shared Risk

MarketTrader is connected with 5 white-label brokers.

While white labels help business expansion, they often bring operational opacity:

• If any white-label partner has withdrawal issues or disputes, the entire network's reputation is at risk.

• Investors are advised to investigate each related entity's performance and complaints.

Cayman License Doesn't Equal Strong Protection

Licensed entity: MT Capital Markets Ltd

Regulated by the Cayman Islands Monetary Authority (CIMA)

License No.: 1716643

Caveats of CIMA Licensing:

• While legal, CIMA is an offshore regulator with relatively loose investor protection.

• It does not enforce mandatory compensation schemes, and its response to customer disputes can be limited.

• Several past brokers regulated by CIMA have faced serious investor complaints with little resolution.

Key Risk Summary

1. Startup Risk: New, untested, no track record.

2. Limited Tech Infrastructure: Only 2 servers – performance & reliability concerns

3. White Label Complexity: Shared risk and accountability.

4. Offshore Protection Gap: CIMA provides weak enforcement and low client fund protection.

Smart Investor Strategy

• Start with a small deposit to test withdrawal reliability.

• Investigate each white-label partner’s reputation and complaint history.

• Compare with brokers under FCA, ASIC, NFA oversight.

• Confirm fund segregation status—are client funds protected in case of platform failure?

Stay away from low rated, unregulated forex brokers!

Before trading, check brokers in FTI app; if you encounter any problems, you can file a complaint for help.

Click here to see how to check if a broker is safe and what to do if you encounter a scam broker.

Click here to recognize common investment trading scams to avoid being scammed.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!