Has anyone opened an account with Market101 yet ? Any honest feedback will be really appreciated.
This link tells you what you need to know. 
Unfortunately, though, most “brokers” as horrible as this are only too happy to pay people a little, by the post, for favourable forum mentions in any context at all: it’s pretty hard for them to get customers other than through fake, incentivized recommendations. So soon enough, someone (typically another brand new member, like yourself) will be along to tell you how wonderful they are, with “tiny spreads”, “super-fast payouts” and so on. Sadly, a handful of people may even believe it. 
3 Likes
I thought these forums are for open discussion and not a platform to attack new members and making false allegation for making fake posts. And seems like you are one of those people that you are talking about who just try to bully the NEW MEMBERS and have hidden agenda of sabotaging one broker and promoting the others.
By the way if you know so much about those people, then how come you don’t know that these website literally have paid contracts with brokers to make them look good and if anyone doesn’t pay them, they mark them non-trusted or bad etc. I am not supporting any broker here but they literally do these with many reputed regulated brokers as well.
Its ironic though, you pointed this out only for Market101 but not for any other offshore brokers.
Anyways, thanks for the link, but as i earlier mentioned, i am here to look for actual feedback from traders and instead of trusting some 3rd party website whose complaints and reviews are all over the internet.
If you got that here, it would probably only be a paid forum comment anyway: anyone other than a total noob who does absolutely no due diligence at all is naturally going to run away very quickly indeed from Market101, so if you limit the opinions you seek to their account-holders then by definition you’ll be asking only a self-selected group of people and not find out the reality.
The big, important point is that the brokerage you’re asking about isn’t properly licenced or regulated by a real regulator with the ability to help its defrauded customers.
There are hundreds and hundreds of proper, decent, well regulated brokers to choose from, so nobody needs these people!
1 Like
On the contrary: I (and very many other experienced members here) have pointed it out regarding countless other, offshore brokers, too. But you started a thread with “Market101” as the first word in the title, so it seemed natural enough to comment on that broker, just to keep my response relevant.
Not at all; you’re welcome. 
2 Likes
I know the broker is not regulated. I have been a trader myself from past 4 years, but i dont know is how can i ask about a broker on an open forum without getting these comments from you guys? Its like you all sitting there just to bully people and scaring them from discussion or have an agenda against unregulated brokers.
i have traded with both regulated and unregulated and let me tell you something , its all same.
Exactly i wanted the comments to be relevant because i am looking feedback for a particular one and that is why i added the name in the thread.
That’s your experience, but it’s limited to the number of brokers with whom you’ve traded.
There are also very large numbers of people (some of them right here at Babypips) whose experiences are very different from yours, and it’s a completely legitimate and actually very helpful use of the forum to have their input, as well.
Not to mention that you never mentioned in your original post that you already knew the broker was unregulated. And even if you did, there’ll be other people reading the thread (whether members of Babypips or not) who don’t know that.
No disrespect at all, but if you’re seriously going to object to people pointing out that a broker’s unregulated and commenting on why that might matter, a forum may not be the appropriate place to seek the information you want…
1 Like
Hi @Jimmy_Thucydides
i totally respect the opinions and that is why i am looking for those. I am not objecting about the broker being unregulated, i am objecting on the first post being targeted as fake.
#Peace
3 Likes
The “double-act spam” trick is very, very common indeed in forums, with brokers that have difficulty attracting new customers in other ways. Posts like mine are a really effective way of preventing it, and at the same time alerting its potential victims to what’s usually going on, in these circumstances.
On this occasion, it seems that I was mistaken, and I apologise for that.
The occasional mistake or overreaction is the price paid for what’s very clearly (and - I hope - unarguably) a “greater good,” but I don’t intend that observation to detract in any way from my apology, which is a sincere one.
The instincts I’ve very gradually developed over the decades prompt me to suspect - very strongly indeed - that brokers choosing to be unregulated are statistically pretty likely, in the overall scheme of things, to be untrustworthy. I think a lot of Babypips users genuinely don’t appreciate that brokers do actually choose whether or not to be regulated, and that - to put it mildly - the reasons they typically choose not to be are decidedly not reasons that are in their customers’ interests.
1 Like
Why look at offshore in the first place? Serious question, I don’t know anything about them. The only thing I ever hear is that traders want obscene leverage. Is that what you’re looking for?
There are many reasons including better trading conditions ofcourse. But the biggest of all is the actual regulators and their immense control over these brokers. The brokers can do anything in the name of the compliance. Authorities in the name of trader security are actually trying to control the trading activities. Because of this, there are no better options left for US citizens like myself who can provide good trading conditions and doesnt rip us in the name of compliance and security,