MadMarket · Review

MadMarket Review (2026): Legit? Licence, Owner, Withdrawals & Complaints

Verdict: Licensed, but withdrawals carry fees and strict limitsThe Anjouan register lists Purple Dust Ltd as licence holder. MadMarket’s terms cap withdrawals, charge fees and let the operator withhold withdrawals and confiscate winnings and bonuses over behaviour it deems irregular[1, 2, 3].

The Anjouan Gaming register lists Purple Dust Ltd as licence holder of a valid licence expiring 2 February 2027[1]. Pixel Tech Limited operates the service[2]. Withdrawal limits are €5,000 per day, €10,000 per week and €50,000 per month[2]. Crypto withdrawals incur a 2% fee, with a further 2% fee on another withdrawal within 30 days[3]. The first-deposit offer matches 25% up to €150 and requires five-times wagering at minimum odds of 1.60[4].

MadMarket key facts

LicenceAnjouan Gaming (AOGA), ALSI-032401019-FI3; valid until 2 February 2027[1]
Licence holderPurple Dust Ltd[1]
Service operatorPixel Tech Limited[2]
Withdrawal processingAims to process requests within 48 hours[2]
Withdrawal caps€5,000 daily; €10,000 weekly; €50,000 monthly[2]
Crypto withdrawal fee2%; a further 2% applies to another withdrawal within 30 days[3]
First-deposit bonus25% match up to €150[4]
Bonus wageringFive times matched deposit plus bonus at minimum odds of 1.60[4]
Minimum withdrawal€50 equivalent in crypto; €100 for Bitcoin[3]
Restricted locationsAfghanistan, Australia, Austria, Aruba, Bonaire, Curaçao, Comoros, Democratic People’s Republic of Korea, France, French Guiana, French Polynesia, Germany, Guadeloupe, Iran, Islamic Republic of Kazakhstan, Martinique, Mayotte, Myanmar, Netherlands, Saba, Réunion, Russia, Saint Barthélemy, Saint Pierre and Miquelon, Saint-Martin, Spain, New Caledonia, North Macedonia, Singapore, Sint Eustatius, United Kingdom, United States of America, Wallis and Futuna Islands[2]
Official sitemadmarket.io

MadMarket licence and operator

Anjouan Gaming (AOGA) lists Purple Dust Ltd as holder of licence ALSI-032401019-FI3, with valid status and expiry on 2 February 2027[1]. Pixel Tech Limited operates the service[2]. MadMarket’s terms describe the site as a brand of Purple Dust Ltd, company number 32510, at 9 Barrack Road, Belize City, Belize[2, 5].

MadMarket withdrawals

MadMarket aims to process withdrawals within 48 hours of a request; financial institutions can take longer to complete transfers[2]. Its terms cap withdrawals at €5,000 per calendar day, €10,000 per calendar week and €50,000 per calendar month, or the equivalent in the selected currency[2]. Crypto withdrawals carry a 2% fee, and another withdrawal within 30 days incurs a further 2% fee[3]. If a deposit is not wagered at least three times at odds of 1.5 or higher, MadMarket is entitled to deduct 5%, with a minimum of €5 or the account-currency equivalent. Deposits must be wagered at least once before withdrawal[2]. KYC applies when lifetime deposits exceed €2,000 or when any withdrawal is requested[6].

MadMarket bonus terms

Customers making their first deposit can receive a 25% matched-deposit bonus up to €150[4]. After depositing, they must email support with code “WelcomeOffer26”[4]. The matched deposit plus bonus must be wagered five times at minimum odds of 1.60 before funds become eligible for withdrawal[4]. MadMarket can amend, cancel, reclaim or refuse any promotion at its discretion[4]. Offers are limited to one per customer; suspected repeated claims can lead to offer withdrawal, bet voiding and confiscation of winnings[2].

MadMarket complaints

Disputes about a wager must be lodged within three days of the wager decision[2]. If internal efforts fail, a customer may refer a complaint to CADRE, whose decisions bind the operator and player[2].

MadMarket restricted countries and currencies

MadMarket’s terms exclude Afghanistan, Australia, Austria, Aruba, Bonaire, Curaçao, Comoros, the Democratic People’s Republic of Korea, France, French Guiana, French Polynesia, Germany, Guadeloupe, Iran, the Islamic Republic of Kazakhstan, Martinique, Mayotte, Myanmar, the Netherlands, Saba, Réunion, Russia, Saint Barthélemy, Saint Pierre and Miquelon, Saint-Martin, Spain, New Caledonia, North Macedonia, Singapore, Sint Eustatius, the United Kingdom, the United States of America, Wallis and the Futuna Islands[2]. The terms prohibit VPNs, proxies and similar services or devices that mask or manipulate a user’s location[2]. Listed currencies include Bitcoin, Bitcoin Cash, Ripple, Tether (USDT), Litecoin, Dogecoin, Cardano, Solana, Ethereum and Tron[3].

MadMarket verdict

MadMarket’s withdrawal caps and fees shape the payout terms, and the operator can withhold withdrawals and confiscate winnings and bonuses if it deems behaviour irregular[2, 3].

MadMarket FAQ

Who holds MadMarket’s Anjouan licence?

Purple Dust Ltd holds licence ALSI-032401019-FI3, valid until 2 February 2027[1].

Which company operates MadMarket?

Pixel Tech Limited operates the service[2].

How long does MadMarket take to process withdrawals?

MadMarket’s stated processing aim is 48 hours, while financial institutions can take longer to complete transfers[2].

What is MadMarket’s monthly withdrawal limit?

The monthly ceiling is €50,000 or the equivalent in the selected currency[2].

What code does MadMarket require for its first-deposit bonus?

Customers claim it by emailing support after their first deposit and providing code WelcomeOffer26[4].

Which countries does MadMarket exclude?

Its terms exclude Afghanistan, Australia, Austria, Aruba, Bonaire, Curaçao, Comoros, the Democratic People’s Republic of Korea, France, French Guiana, French Polynesia, Germany, Guadeloupe, Iran, the Islamic Republic of Kazakhstan, Martinique, Mayotte, Myanmar, the Netherlands, Saba, Réunion, Russia, Saint Barthélemy, Saint Pierre and Miquelon, Saint-Martin, Spain, New Caledonia, North Macedonia, Singapore, Sint Eustatius, the United Kingdom, the United States of America, Wallis and the Futuna Islands[2].

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How we checked. We read MadMarket's terms and help pages, the licence register and regulator records on the dates shown under Sources, and stored a copy of each page where the site allowed it. We did not deposit, play or withdraw (payout testing: not performed). Methodology.

Sources

  1. anjouangaming.com/license-register/ — licence register, clause ALSI-032401019-FI3, checked 27 October 2026
  2. madmarket.io/terms-conditions/ — operator document, clauses 9.9, 9.11, 9.8, 4.1.3, 1.3, 9.2, 2.3, 22.4, 22.6, 3.5, checked 31 October 2026
  3. madmarket.io/payment-methods/ — operator document, clauses Payment Methods — Withdrawals, FAQs — What is the minimum withdrawal amount?, Payment Methods — Depositing, checked 31 October 2026
  4. madmarket.io/welcome-offer-bonus-madmarket/ — operator document, clauses Terms and Conditions 2, Terms and Conditions 4, Terms and Conditions 3, Terms and Conditions 10, checked 31 October 2026
  5. madmarket.io/bonus-terms-and-conditions/ — operator document, clause Company details, checked 31 October 2026
  6. madmarket.io/kyc-policy/ — operator document, clause KYC Policy, checked 31 October 2026