Giraffe Markets
Basic Information
Pros and Cons
Pros
- Regulated by FSRA in Mauritius
- Offers over 1,700 trading instruments
- Leverage up to 1:500 available
- Competitive spreads starting from raw + 1.5 pips
- Responsive customer service
Cons
- Limited variety of deposit and withdrawal options
- No mainstream licenses held
- Minimum deposit requirements may be high for some traders
- Some users desire more trading account options
Is Giraffe Markets Safe and Legit?
Giraffe Markets, registered in Saint Lucia in 2023, operates with over 2-5 years of experience. The broker offers a diverse range of trading instruments, including over 1,700 products such as forex, commodities, and indices, with leverage up to 1:500 and competitive spreads starting from raw + 1.5 pips, all on the MT5 platform.
Giraffe Markets is regulated by the Financial Services Regulatory Authority (FSRA) in Mauritius, ensuring compliance with local laws. Given its regulatory status, Giraffe Markets is considered a legal and relatively safe option for traders.
Market feedback indicates that Giraffe Markets enjoys a positive reputation, particularly for its responsive customer service and efficient withdrawal processes. Users commend the user-friendly platform and competitive trading conditions but suggest improvements in the variety of deposit and withdrawal options. Overall, community evaluations highlight a high level of satisfaction among traders, with few reported complaints.
Is Giraffe Markets a Regulated Broker?
What Are the Regulatory Licenses Held by Giraffe Markets?
Giraffe Markets is regulated by the Financial Services Regulatory Authority (FSRA) in Mauritius, which provides oversight in compliance with local laws. This regulatory status positions Giraffe Markets as a legal and relatively safe option for traders. It is important to note that Giraffe Markets does not hold any mainstream licenses and operates under offshore regulation only, specifically under the FSRA authority in Mauritius.
| Regulator Abbreviation | Full Name of Regulator | Regulated Company Entity | Regulatory Status | License Number |
|---|---|---|---|---|
| FSRA | Financial Services Regulatory Authority | Giraffe Markets Limited | Active | GB24203636 |
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
Giraffe Markets ensures the safety of client funds by maintaining them in independently regulated bank accounts, separate from the broker’s own assets. This practice is in line with the regulatory framework established by the Financial Services Regulatory Authority (FSRA) in Mauritius, which mandates strict segregation of client funds to enhance protection.
Giraffe Markets Leverage
Giraffe Markets offers maximum leverage of up to 1:500 across its trading accounts, aligning with local regulatory requirements for professional clients. Retail clients may experience different leverage limits, ensuring compliance with the FSRA’s guidelines. This structure allows traders to select leverage based on their account type and classification.
Giraffe Markets Withdrawal Review
How to Contact Giraffe Markets?
Giraffe Markets has a low volume of complaints, particularly regarding withdrawal issues. Users have praised the broker for its fast and efficient withdrawal processes, reporting satisfaction with customer support responsiveness. Most feedback comes from credible sources, highlighting the broker’s positive reputation. There are no significant public complaints or repetitive issues noted, and Giraffe Markets has not received any regulatory penalties or warnings. Overall, the broker is considered a safe and legit option for traders, contributing to a generally high level of user satisfaction.
Frequently Asked Questions
A1: Yes, Giraffe Markets is a legitimate broker registered in Saint Lucia since 2023 and regulated by the Financial Services Regulatory Authority (FSRA) in Mauritius. This regulatory oversight ensures compliance with local laws, making it a relatively safe option for traders.
A2: Giraffe Markets is regulated by the Financial Services Regulatory Authority (FSRA) in Mauritius. It operates under offshore regulation and does not hold any mainstream licenses, which is important for potential traders to consider.
A3: Giraffe Markets protects client funds by maintaining them in separately regulated bank accounts, ensuring strict segregation from the broker’s own assets. This practice aligns with FSRA regulations and enhances fund protection for clients.
A4: Feedback from users indicates a low volume of complaints regarding withdrawal issues at Giraffe Markets. Many traders have praised the broker for fast and efficient withdrawal processes, contributing to overall high satisfaction.
A5: Giraffe Markets offers multiple contact options for customer support, including phone support at +971 043978082 and email at support@giraffemarkets.com. Additionally, they provide 24/7 online chat support for immediate assistance.
Related Forex Brokers
Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.