SANTOS MARKET LTD Review

Updated: April 16, 2026
SANTOS MARKET LTD
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Fast Facts

Contact Info and Support

Traffic information

CategoryMetricsMeaning
RatingsGlobal Rank-
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Engagement metricsVisits0
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Estimated monthly visitsJanuary 2026366
February 20260
March 20260
Traffic sourcesSocial-
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About SANTOS MARKET LTD

Santos Market Ltd, operating via the domain santosmarket.net, is not authorised by the UK’s Financial Conduct Authority (FCA) and is not listed in the FCA register. It is not regulated by any recognised financial authority. On 25 September 2023, the Spanish Comisión Nacional del Mercado de Valores (CNMV) issued a public warning stating that “SANTOS MARKET LTD is not authorised to provide investment services or activities involving currency operations” under Spain’s Ley de los Mercados de Valores y de los Servicios de Inversión. The warning included the domain santosmarket.net as an unauthorised service provider. ()

The broker claims to offer web-based trading of over 150 assets, including forex, indices, futures, and bonds, via a proprietary web trading platform. It states a minimum deposit of $250 and an average spread of 0.8 pips. The firm also asserts it has clients, a staff of over 450 professionals, and ten years of experience, though these claims are unverified. ()

There is no evidence of segregated client accounts, negative balance protection, investor compensation schemes, or transparent regulatory compliance. Multiple broker watchdogs label Santos Market as unregulated and high-risk. It has also been identified as blacklisted or unauthorised by the CNMV and is widely flagged in industry reviews. ()

Pros and cons

Pros

  • Claims access to a wide range of tradable instruments including forex, indices, futures, and bonds.
  • Offers a proprietary web-based trading platform that may appeal to users seeking no-download trading solutions.

Cons

  • Unregulated by FCA or any recognised financial authority; lacks any licensing or oversight.
  • Subject of a formal warning by CNMV dated 25 September 2023 for unauthorised provision of investment services.
  • Lacks basic investor protections such as segregated accounts, negative balance protection, or compensation schemes.
  • Trading conditions (leverage, spreads, fees) are opaque or only promotional claims; lack of transparency.
  • Claims of size, history, and staff are unverified and contradicted by regulator and watchdog reports.

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