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Stark Markets Review: What You Need to Know About This Broker

Stark Markets Review

Welcome to our Stark Markets review. We will show you the problematic details of this FX broker from Bulgaria. We aim to simplify your trading and keep you informed about Stark Markets’ legitimacy, payment options, fees, and potential scams. Stay tuned and you will discover many interesting details! 

General information
Name: Stark Markets, SWISSGEMS Ltd, and Krisimark Ltd
Regulation status: Unregulated Broker Scam
Warnings from Financial Regulators: FCA, CONSOB, FMA, CSA, Finanstilsynet, CNMV, BCSC
Website link:
Active since 2018
Registered in Bulgaria
Contact info: Data is hidden
Trading platforms: Web
The majority of clients are from United States





Customer support: n/a
Compensation fund: No

Legitimacy and Safety: Is Stark Markets Legit?

In our quest to understand Stark Markets better, we fully searched through their terms and conditions. It turns out they are registered in Bulgaria under the name Swissgems Ltd. Bulgaria’s membership in the European Union usually implies adherence to regulatory frameworks. Yet, there’s the catch – we couldn’t find a Bulgarian license.

But that’s not all! We stumbled upon official warnings from CONSOB and FCA regarding Stark Markets. These warnings accused the broker of targeting traders without authorization and even engaging in fishy activities. These are giant red flags that make this broker look like a scam.

Let’s pause here for a moment to stress the importance of choosing Tier 1 regulated brokers. These brokers, closely supervised by bodies like FCA and CySEC, adhere to strict rules and regulations. These include capital requirements, fund segregation, transaction reporting, and more. Opting for such brokers guarantees a higher level of security for your assets.

Other Warnings

In addition to the main warnings we mentioned before, StarkMarkets has faced regulatory issues with two other regulators. New Zealand’s Financial Markets Authority (FMA) warns against dealing with StarkMarkets and, as they are not registered in New Zealand and show signs of a potential scam. 

In Canada, the British Columbia Securities Commission (BCSC) has also issued a caution for BC residents. StarkMarkets accepted funds from a BC resident, but they lack the necessary registration to trade or provide advice on securities in British Columbia. This highlights the importance of being cautious when dealing with unregistered firms.

Note: CNMV, Finanstilsynet, and CSA also confirmed these warnings. 

Trading Assets Available

Unfortunately, Stark Markets leaves us in the dark regarding trading assets they offer. To make matters worse, their website is experiencing technical problems, making it nearly impossible to access crucial info. This lack of transparency raises big concerns about the broker’s credibility. Beware of that! 

A trustworthy broker typically offers many assets. Notably, this allows traders the flexibility to diversify their portfolios. The lack of clear info on trading assets, compounded by the broken website, is unsettling for us.

Stark Markets Trading Platform – Is It Reliable?

Stark Markets provides a web-based trading platform. Yet, there’s a clear absence here – no MetaTrader 4 (MT4) or MT5! MT4 is the platform of choice for roughly 80% of traders due to its advanced charting capabilities. It also has many technical indicators, an extensive back-testing environment, and Expert Advisors (EAs). 

Yet, Stark Markets’ web-based platform raises many suspicions. It appears to lack essential features like pending orders and expert advisors, raising many doubts.

What’s worse is the absence of any real information regarding trading conditions or spreads on the site. Considering that spreads are critical to forex trading, this lack of clarity only fuels our suspicions.

Trading Conditions at Stark Markets

The Stark Markets scam may brag about a clearly generous 1:400 leverage, but it’s essential to be mindful. High leverage translates to higher risk when market conditions take a turn for the worse. Reputable regulators, such as FCA UK and CySEC, have imposed strict leverage caps for retail traders. It is typically set at 1:30, to protect them from excessive risk.

Leverage can be a valuable tool, but it must be used with care. High leverage, while tempting, can intensify losses significantly. Opting for legit brokers that adhere to responsible leverage limits is a more tactful approach to trading.

Tip: Have you heard of Webull? It’s nearly unthinkable if you haven’t. This is the best and safest option for trading. If you decide to trade with them, you’ll get many benefits including 6-12 free stocks.

Stark Markets Withdrawal Policy

Stark Markets does permit deposits and withdrawals through Visa, MasterCard, and bank wire. Yet, there’s a notable omission in their payment options – Skrill, Paypal, and crypto. A closer look at their terms and conditions reveals several concerning things that potential traders should be aware of.

Firstly, there’s a dormant account fee of $50, a provision that many would consider absurd. Besides, there are withdrawal conditions tied to bonus promotions, which could be intentionally burdensome to impede traders from accessing their funds. The presence of profit clearance fees ranging from 1.5% to 5%, a maintenance fee of 20%, and a 3.5% withdrawal fee adds to the growing list of alarming fees. Such a complex fee structure is simply too much.

Our advice to traders would be to initiate their trading journey with the minimum deposit required. This approach allows them to test the broker’s withdrawal process and look out for any unexpected fees or delays. Transparent and trustworthy brokers are known to offer clear payment options. These are PayPal, Skrill, Advcash, bank cards, and popular crypto assets.

Trader Reviews on Trustpilot

Another glaring anomaly here is the apparent absence of any reviews on Trustpilot. This absence speaks volumes about the broker’s reputation, or rather, its lack thereof. 

It’s wise for you to opt for brokers that have positive reviews and maintain ratings of 4.5 stars or higher on trustworthy review platforms. This goes without saying, by all means. 

Scam Broker Strategies

Deceptive brokers use a variety of tactics to trick traders. What are some of them? 

Some common warning signs include the following: 

  • withdrawal problems, 
  • hidden fees that can surpass a staggering 20%, 
  • profit fees, and 
  • promises of guaranteed returns. 

Exercise caution, and avoid fake brokers like Stark Markets. Instead, prioritize regulated brokers with transparent fee structures, like ETrade

Can I Make Money From Online Trading?

In our commitment to assisting you, we offer free consultations and introduce our new AI Analysis Bot. This tool is there to make your research much easier, ultimately saving you time. It is also there to provide you with valuable insights to enhance your trading decisions. In FX trading, like in everything else, it’s wise to have knowledge, and our resources are here to empower you.

Notably, our Stark Markets review raises valid concerns regarding the legitimacy of this firm. If you want to start trading online, your safety should come first. Go for regulated brokers like Webull and FxView as they have proven track records. Always remember that smart decisions and reliable broker selection are the cornerstones of successful trading.


Is Stark Markets Legit?

No, Stark Markets lacks essential regulatory licenses. It's been blacklisted by many regulators.

Is It Safe to Trade With Stark Markets?

No. Trading with Stark Markets is risky due to its unregulated status.

Can I Withdraw My Funds From Stark Markets?

Withdrawing funds from Stark Markets can be challenging or impossible.

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