Main Score & Risk Matrix
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
GAINFUL MARKETS has a critically low score of 1.4/10. Regulatory visibility is weak and investor protection should be treated with extreme caution.
"This broker shows a severe risk profile. Regulatory visibility is weak, investor protection is unclear, and caution is strongly advised before any capital allocation."
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
No structured regulatory license cards have been configured yet.
| Feature | GAINFUL MARKETS | D prime | Phillip Nova | AvaTrade |
|---|---|---|---|---|
| Operating Period | 2-5 years | See review | See review | See review |
| Region | Singapore | See review | See review | See review |
| Minimum Deposit | $100 | See review | See review | See review |
| Spread | N/A | See review | See review | See review |
| Trust Score | 1.4/10 | See review | See review | See review |
| Account Type | Target User Group | Key Characteristics | Applicability Notes |
|---|---|---|---|
| Standard Account | Beginners | Standard leveraged trading with access to a Personal Account Expert | Minimum deposit of 250 or more |
| Bronze Account | Intermediate Traders | Bronze leveraged trading, one insured trade, and additional bonuses | Minimum deposit of 3,500 or more |
| Silver Account | Experienced Traders | Silver leveraged trading, four insured trades, and support from a Personal Financial Expert | Minimum deposit of 10,000 or more |
| Gold Account | Advanced Traders | Gold leveraged trading, eight insured trades, and an advanced educational course | Minimum deposit of 25,000 or more |
| Platinum Account | Very Experienced Traders | Platinum leveraged trading, sixteen insured trades, and advanced company financing options | Minimum deposit of 50,000 or more |
| Pro Account | Professional Traders | Pro leveraged trading, personal financial plan with premium investment strategy | Minimum deposit of 100,000 or more |
| VIP Account | Elite Clients | Modified program with a personal expert available around the clock | Minimum deposit of 250,000 or more |
To open an account with GAINFUL MARKETS, traders must follow a series of steps. First, they will need to submit personal information, which includes details about their employment and financial background. Identity verification is also required, necessitating the provision of an ID and proof of address. This process ensures the legitimacy of the account. Traders should note that there is flexibility in account types, allowing them to upgrade to a professional account at a later stage if their trading needs evolve.
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | Varies | $0 | Spreads vary by account type |
| CFDs (Stocks, Indices) | Varies | Varies | Commission may apply based on account type |
| Cryptocurrencies | Varies | Varies | Depends on market conditions |
Additional costs associated with trading at GAINFUL MARKETS may include deposit and withdrawal fees, which can vary depending on the method used. Traders should also be aware of potential inactivity fees, platform usage fees, overnight interest (swap rates), and currency conversion fees when engaging with the broker. It’s advisable to consult the broker directly for specific details regarding these fees.
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
No structured payment methods have been configured yet.
These are the highest-rated forex brokers registered in Singapore. Each broker listed below has been evaluated based on licensing status, trading conditions, platform quality, and user feedback within the same regulatory jurisdiction as GAINFUL MARKETS.
The following brokers represent the highest overall trust scores across all regions on our platform. They are selected independently of GAINFUL MARKETS's profile and serve as a benchmark for traders seeking top-tier alternatives worldwide.
Review the regulation section above and verify all license claims directly with the relevant regulator before opening an account.
The currently configured minimum deposit is $100. Always confirm this on the broker website before funding.
The current spread reference configured for this broker is N/A.