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.
🏝️ 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:
- XC Market: a CFD platform registered in Saint LuciaTR
- XFine, an offshore forex platform that shut downTR
- The ARFX withdrawal blockTR
- MiTrade: a different operation with a similar nameTR
🧭 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?
Does a Saint Lucia company registration mean a licence?
What are the Mitra Ascent points for?
Is Mitra Markets' Melbourne office real?
I am a Mitra Markets victim. What should I do?

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