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FairMarkets logo

FairMarkets Review

Forex BrokerInternational

FairMarkets is an Australian brand run by Trive Financial. ASIC cancelled its AFS license on 1 July 2026 after a sector review, though its own site still calls itself ASIC regulated.

Min Deposit

N/A

Spreads From

0.0 pips claimed on its Aussie Premium account, per its own site

Max Leverage

Not clearly published; varies by product per its own MIS documents

Platforms

2

CFDs are complex instruments with high risk of losing money. Retail accounts lose money trading CFDs.

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Pros & Cons

Pros

  • Long operating history in Australia, tracing back to a 2012 ASIC license
  • Backed by Trive, a financial group licensed separately in many other countries
  • Wide CFD range, forex, stocks, indices, and commodities, on MT4 and MT5
  • Says client money sits in segregated trust accounts at an AA rated bank

Cons

  • ASIC cancelled its AFS license 424122 effective 1 July 2026, a serious step
  • ASIC found serious deficiencies in its processes during a 2026 sector review
  • Stopped onboarding new Australian clients back in April 2025
  • Its own site still claims to be ASIC regulated after the license was pulled
  • Its refer a friend bonus page was still live despite the license cancellation
About FairMarkets

FairMarkets trades from fair.markets, run by Trive Financial Services Australia Pty Ltd. The entity began in 2012 as ILQ Australia Pty Ltd, became Fairmarkets Trading Pty Ltd in 2018, then took its current name in December 2023 under Dutch owner Trive Financial Holding. It offers forex, stock, index, and commodity CFDs on MetaTrader 4 and MetaTrader 5.

ASIC cancelled the firm's AFS license, number 424122, effective 1 July 2026, saying it no longer carried on a financial services business in Australia. The move followed a CFD sector review that found serious deficiencies in Trive's processes, and the firm had already agreed to stop taking new Australian clients in April 2025.

The fair.markets site still describes itself as ASIC regulated and still runs a refer a friend offer worth up to 5,000 Australian dollars, neither reflecting the cancellation. Trive's international arm has since folded into the wider trive.com brand, regulated separately in Mauritius, Malta, and South Africa.

Key Facts

Max Leverage

Not clearly published; varies by product per its own MIS documents

Spreads From

0.0 pips claimed on its Aussie Premium account, per its own site

Platforms

MetaTrader 4MetaTrader 5
Regulation & Safety
ASIC (license cancelled effective 1 July 2026) (Australia) — 424122
Frequently Asked Questions

ForexCFDsCommodities
Score Breakdown1.0/5
Trust & Safety
0.0/5

Regulation, fund safety, track record

Trading Conditions
0.0/5

Spreads, execution, leverage

Platforms & Tools
0.0/5

Platform quality, charting, features

Research & Education
0.0/5

Analysis, webinars, learning materials

Customer Service
0.0/5

Support quality, responsiveness

Mobile Trading
0.0/5

Mobile app quality, features

Quick Facts

Platforms

MetaTrader 4MetaTrader 5
Trading Platforms
MetaTrader 4MetaTrader 5
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