Forex Brokers

Up Markets (up-markets.com)

1.6 (11 reviews)
🇦🇺 Australia
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1.6
11 reviews
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About Up Markets (up-markets.com)

Up Markets (up-markets.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: up-markets.com.

Customer Reviews

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Currency margin requirements unclear

A
Amy M.
2 days ago

After for about ten months with Up Markets (up-markets.com), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Easy to use platform|Responsive team

Cons: No phone support on weekends

White label of a bad platform

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Wesley B.
1 weeks ago

I am in a dispute with Up Markets (up-markets.com) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Good analytical tools|Low minimum deposit|Fast execution

Cons: Limited cryptocurrency options

CFD pitch was aggressive

C
Chloe A.
1 months ago

I signed up with Up Markets (up-markets.com) through a podcast recommendation and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: Easy withdrawals|Professional team|Multi-currency support

Cons: Minor UI glitches occasionally|Currency conversion fee exists

Duplicate positions after merge

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Kimberly N.
1 months ago

I closed a profitable position at Up Markets (up-markets.com) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: Tax reports included|Economic calendar

Cons: Could offer more webinars|Limited demo account features

My biggest financial mistake

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Trevor T.
3 months ago

My card was charged twice by Up Markets (up-markets.com) on the same day. I had to dispute it with my bank. Up Markets (up-markets.com) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.

Pros: Responsive team|Fast execution|Intuitive for beginners|Multi-device support

Cons: Mobile app could be improved|Account statements could be more detailed

Platform crashes at the worst times

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Christopher B.
4 months ago

Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Up Markets (up-markets.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.

Pros: Personal attention|Good mobile app|Copy trading available

Cons: No dark mode on mobile|Limited social trading features

Automated responses only

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Gavin M.
6 months ago

The hidden fees at Up Markets (up-markets.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.

Pros: Low minimum deposit|Fast support response|Competitive fees|Clear documentation

Cons: Would like more payment methods|Nothing significant

Withdrawal rejected 3 times

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Carl G.
7 months ago

I referred a friend to Up Markets (up-markets.com) from a review site like this one. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Good analytical tools|Real-time alerts|Automated trading options

Cons: Cannot customize dashboard fully

Data lost in transition

M
Maria H.
7 months ago

I opened an account with Up Markets (up-markets.com) for over a year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Automated trading options|Instant funding

Cons: Research section could be deeper

Misleading advertising

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Nicole L.
8 months ago

I trusted Up Markets (up-markets.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Automated trading options|Great customer service

Cons: No integrated tax optimization|Live chat only during business hours