9X Markets

9X Markets Review: Regulation, Fees and Broker Analysis

Unclaimed profile

9X Markets looks like an offshore-style CFD broker offering tight ECN spreads and high leverage — suitable for experienced traders but carries elevated regulatory and counterpar…

Best forForex TradersCFD TradersMT5 Traders

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65

/ 100

BrokerBazaar Score

Moderate

Evidence-based, 0–100

Data confidence 78%

$0

Min Deposit

From 0.0 pips

Spreads From (indicative)

1:400

Max Retail Leverage

From $6

Commission

Group-level figures · Full cost schedule

Researched by
BB Team
Reviewed by
BB Team
Last verified
No recorded check yet
Next review due
Not scheduled

How we tested this broker·Meet the review team

Section 01

About

About 9X Markets

Company Provided

9X Markets is a multi-asset online broker offering forex, stocks, commodities, indices and cryptocurrencies through MetaTrader 5. Its Mauritius entity, 9x Markets Limited, is licensed by the Mauritius Financial Services Commission as an Investment Dealer, while its separate UAE entity operates as a CMA Category 5 financial-services introducer.

Since 2024 Quatre-Bornes, Mauritius 1 regulators listed

Expert Verdict

9X Markets looks like an offshore-style CFD broker offering tight ECN spreads and high leverage — suitable for experienced traders but carries elevated regulatory and counterparty risk.

Pros

  • Mauritius FSC Investment Dealer licence
  • UAE CMA Category 5 introduction licence
  • No minimum deposit on Standard account
  • Up to 1:400 leverage advertised
  • MT5 desktop and mobile
  • Web trading available
  • Forex, stocks, commodities, indices and cryptocurrencies
  • 0.0-pip raw spreads on ECN
  • Zero commission on Standard and Premium
  • Free demo account
  • Client funds stated to be segregated
  • Multiple deposit and withdrawal options
  • 24/5 customer service

Cons

  • UAE entity is Category 5 and is an introducer, not the trading/execution entity
  • UAE entity does not hold client funds or execute trades
  • Saint Lucia entity's financial regulatory status is NOT VERIFIED
  • Current public website contains inconsistent regulatory/company-number wording
  • Some account information has appeared in older and newer versions with different figures
  • No dedicated public complaint-resolution timeframe verified
  • Complete countries-served list is not publicly established
  • Independent review history is very limited
  • WikiFX currently assigns a very low score and flags unresolved complaints

BrokerBazaar Overview

Independent

9X Markets positions itself as a competitive CFD and forex provider with support for MetaTrader platforms and a product lineup covering FX, indices, commodities and cryptocurrencies. Pricing signals such as raw/ECN spreads and tiered account options suggest a focus on active traders and those seeking higher leverage. Platform support for MT4/MT5 and mobile trading makes it accessible to a wide range of strategy types.

However, public information about regulation, corporate ownership and registered addresses is limited or not prominently disclosed. That reduces transparency and increases the importance of careful risk management for clients. Traders should confirm the broker's current regulatory status, withdrawal procedures and protections before depositing funds, and consider using small initial deposits and testing withdrawal flows first. Overall, 9X Markets may suit experienced CFD traders comfortable with offshore counterparty risk, but it is not a first-choice for clients who prioritize strong investor protections and deposit security.

Key Features

Regulated Broker
MetaTrader Platforms
9X Markets

9X Markets

Regulated Broker

Min Deposit$0
Max Retail Leverage1:400
Spreads (indicative)From 0.0 pips

External website · BrokerBazaar does not receive a trading commission from this link.

4

Platforms

2024

Est. Since

3

Account Types

3+

Countries

Regulated By

Appears to operate under offshore/regional jurisdictions; limited public regulatory disclosures

Licence check: Not independently checked

Live Spreads

Not available

No live spread data from a named account is available for this broker. Figures are published only with the account type and capture time.

Independent report by BrokerBazaar Research TeamHow we rate brokers

9X Markets broker analysis: regulation, fees, withdrawals and risks

Independent broker profile covering verified entities, regulation, costs, platforms, withdrawals, risks and user feedback. BrokerBazaar is not 9X Markets and does not operate any brokerage.

Profile ownership

Not claimed by broker

No representative of 9X Markets manages this page. This says nothing about its licence, and the score and regulation data are the same whether or not a profile is claimed.

Information source

Submitted by broker or compiled from public pages

Details have been recorded but not yet independently checked by BrokerBazaar.

Licence check

Not independently checked

Confirm the licence on the regulator's public register before opening an account.

Editorial review

Reviewed 3 Nov 2026

Date the BrokerBazaar research team last regenerated this analysis from the stored record.

Legal entity

Legal Entity: 9x Markets Limited

Founded

2024

Headquarters

Quatre-Bornes, Mauritius

Regulators

Appears to operate under offshore/regional jurisdictions; limited public regulatory disclosures

Minimum deposit

$0

Spreads from

From 0.0 pips

Commission

From $6

Max leverage

1:400

Platforms

MetaTrader 4, MetaTrader 5, WebTrader, iOS / Android mobile apps

Account types

Standard, Premium, ECN

9X Markets regulation and licence table

Each row is one legal entity. Verify the licence on the official register; a company registration is not a brokerage licence.

EntityRegulatorLicenceAuthorised activityRegionLicence check
9x Markets LimitedFinancial Services Commission (FSC), MauritiusGB24203334Official register Not stated on submission; confirm on the registerMauritiusNot independently checked
9xMarkets Introduction to Financial Services L.L.CCapital Market Authority (CMA), UAE

Capital Market Authority (UAE)

Moderate oversight
Not statedOfficial register Not stated on submission; confirm on the registerUnited Arab EmiratesNot independently checked
9X Markets DV LtdNOT VERIFIEDNOT VERIFIEDNot stated on submission; confirm on the registerSaint LuciaNot independently checked

9X Markets at a glance

9X Markets is a multi-asset online broker offering forex, stocks, commodities, indices and cryptocurrencies through MetaTrader 5. Its Mauritius entity, 9x Markets Limited, is licensed by the Mauritius Financial Services Commission as an Investment Dealer, while its separate UAE entity operates as a CMA Category 5 financial-services introducer.

9X Markets reports a founding year of 2024 and a head office in Quatre-Bornes, Mauritius. It lists 1 regulator and 4 trading platforms.

BrokerBazaar verdict

9X Markets looks like an offshore-style CFD broker offering tight ECN spreads and high leverage — suitable for experienced traders but carries elevated regulatory and counterparty risk.

Legal entities, regulation and licences

9X Markets operates through 3 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by moderate-tier regulators only.

Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.

Countries accepted and restricted

9X Markets states that it accepts clients from UAE, Cyprus, Mauritius. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.

Trading products, platforms and account types

Instruments: Forex, Stocks, Commodities, Indices, Cryptocurrencies. Platforms: MetaTrader 4, MetaTrader 5, WebTrader, iOS / Android mobile apps. Account types: Standard, Premium, ECN.

Best-for tags assigned by our team: Forex Traders, CFD Traders, MT5 Traders, Active Traders, Crypto Traders, Stock CFD Traders.

Minimum deposit, spreads, commissions and other charges

The minimum deposit is $0. Spreads start from From 0.0 pips and commission is From $6. Maximum leverage is 1:400, subject to the cap of the entity that holds your account.

Swap-free / Islamic account: not specified. Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.

Deposits and withdrawals

Deposit methods: Multiple deposit options via client portal; exact methods vary by country. Withdrawal methods: Multiple withdrawal options via client portal; same-source policy applies.

Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.

Execution model, negative balance protection and client money

Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Not specified. Hedging: not specified.

Client-money rules follow the regulator of the entity that holds your account: CMA: Segregation of client funds required. Compensation: No central compensation scheme.

Complaints and dispute process

Formal complaints: support@9xmarkets.com. Phone: +230 463 4500. Clients can submit queries or complaints through the 9X Markets contact form, email or telephone. The current website provides a "Register Your Complaint" option and customer support during Monday-Friday, 9:00am-5:00pm. A dedicated public complaint-resolution timeframe or detailed complaints policy was not verified.

If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.

Strengths and limitations

  • Strength: Mauritius FSC Investment Dealer licence
  • Strength: UAE CMA Category 5 introduction licence
  • Strength: No minimum deposit on Standard account
  • Strength: Up to 1:400 leverage advertised
  • Strength: MT5 desktop and mobile
  • Strength: Web trading available
  • Strength: Forex, stocks, commodities, indices and cryptocurrencies
  • Strength: 0.0-pip raw spreads on ECN
  • Strength: Zero commission on Standard and Premium
  • Strength: Free demo account
  • Strength: Client funds stated to be segregated
  • Strength: Multiple deposit and withdrawal options
  • Strength: 24/5 customer service
  • Limitation: UAE entity is Category 5 and is an introducer, not the trading/execution entity
  • Limitation: UAE entity does not hold client funds or execute trades
  • Limitation: Saint Lucia entity's financial regulatory status is NOT VERIFIED
  • Limitation: Current public website contains inconsistent regulatory/company-number wording
  • Limitation: Some account information has appeared in older and newer versions with different figures
  • Limitation: No dedicated public complaint-resolution timeframe verified
  • Limitation: Complete countries-served list is not publicly established
  • Limitation: Independent review history is very limited
  • Limitation: WikiFX currently assigns a very low score and flags unresolved complaints

Who this broker suits, and who it does not

9X Markets is most relevant to traders looking for: Forex Traders, CFD Traders, MT5 Traders, Active Traders, Crypto Traders, Stock CFD Traders.

It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.

9X Markets change history

Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.

No fact changes recorded for 9X Markets yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.

Frequently asked questions about 9X Markets

Data sources. Broker submission, the regulator registers linked above, web-archive and domain records, and third-party traffic data. No independent licence check date is recorded yet. External ratings: Trustpilot 3.5/5; WikiFX 1.98/10; Google Play Store N/A/5; Apple App Store 3/5.

Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with 9X Markets. How we make money. Trading leveraged products carries a high risk of loss.

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