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Mitra Markets (mitramarkets.com) Scam: Offshore Forex Broker

Savun Law & Consultancy · Updated 10 November 2026

Mitra Markets (mitramarkets.com) Scam: Offshore Forex Broker

Mitra Markets is a young platform that offers MT5 forex, commodity, index and crypto CFD trading through mitramarkets.com, a domain registered in June 2026. In a user account relayed in early November 2026, it is alleged that a withdrawal request was not processed and that support emails went unanswered.

In short: Mitra Markets is not authorised in Türkiye by the Capital Markets Board (SPK) and names no financial regulator. Claiming back money sent to this scheme, which offers 1:1000 leverage under an offshore company registration, is legally possible.

🏝️ The Saint Lucia Registration and the Melbourne Claim

  • Company: Mitra Markets LLC says it is registered in Saint Lucia as an international business company with number 2025-00913; there is no licence or regulator name.
  • Addresses: The Sotheby Building in Rodney Bay, Gros-Islet, and a claimed "Australian head office" at 470 St Kilda Road, Melbourne.
  • Contact: No phone or email; only a form and the support.mitramarkets.com support page.
  • Restriction: US and Australian citizens are not accepted; in other words, investors from the country of the claimed "head office" are not served.

🚩 The Points Programme and the Withdrawal Problem

The Edge and Standard accounts, which have no minimum deposit requirement, are backed by the Mitra Ascent programme, which collects points as the user trades, and by a partner system that promises a share of up to 50% of revenue. Deposits and withdrawals are made by crypto or card. In schemes of this kind, volume incentives increase the number of trades, while at the withdrawal stage unanswered support requests and new obstacles come to the fore.

🔗 Other Platforms Using the Same Method

We have covered before operations that work through offshore registration and get stuck at withdrawal. MiTrade, whose name is similar, is a different operation:

🧭 The Process for Mitra Markets Victims

SPK's Board Decision No. 8/297 of 24 February 2017 treats unauthorised intermediation in leveraged transactions as unlawful; authorised institutions can be seen in SPK's list of brokerages. Against a company based abroad, the effect of the arbitration clause, the invalidity of the account opening agreementTR and the process from investigation to indictmentTR are assessed.

For detailed information and legal support, you can contact Savun Law & Consultancy.

❓ Frequently Asked Questions

Are Mitra Markets and MiTrade the same company?

No. Although the names are similar, Mitra Markets is a separate operation working through mitramarkets.com.

Does a Saint Lucia company registration mean a licence?

No. The registration with number 2025-00913 is a company incorporation, not authorisation to provide investment services. Mitra Markets is not authorised in Türkiye by the Capital Markets Board (SPK).

What are the Mitra Ascent points for?

The points accumulate according to trading volume; this scheme is an incentive system that steers the user towards more frequent and larger trades.

Is Mitra Markets' Melbourne office real?

That is only the firm's own statement; the same firm does not accept Australian citizens as clients.

I am a Mitra Markets victim. What should I do?

For detailed information and legal support, you can contact Savun Law & Consultancy.

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This page is an English adaptation of our Turkish article Mitra Markets (mitramarkets.com) Forex Dolandırıcılığı.

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