In the case of MarketsInvest, the answer is a resounding proceed with extreme caution. While they may not employ overt scam tactics like disappearing with your funds, a web of red flags and concerning user experiences paint a picture far from ideal.
What is MarketsInvest?
MarketsInvest presents itself as a multi-asset CFD trading platform, catering to both novice and experienced traders. They boast a wide range of financial instruments, educational resources, and competitive trading conditions. However, beneath the polished veneer lies a concerning lack of regulation and transparency.
MarketsInvest Details
Regulated By: | No Regulations |
Is This Company Safe? | No |
Known Websites: | |
Have Warnings From: | FSMA |
Registered In: | UK (allegedly) |
Operating Since: | 2019 |
Trading Platforms: | MT4, TradeEvolution, FIX API, Direct ECN |
Maximum Leverage: | 1:200 |
Minimum Deposit: | 200 EUR |
Deposit Bonus: | Not available |
Trading Assets: | Forex, Commodities, Indices, Shares |
Free Demo Account: | Not Available |
How To Withdraw From This Company? | For a broker with a UK address and no regulation, you will hardly get any withdrawals. The only option to get your money back is via alternative methods but to find out more, contact our refund experts today. |
Deposits and Withdrawals
While depositing funds with MarketsInvest appears straightforward, withdrawing them often becomes a nightmarish ordeal. Users report long processing times, exorbitant fees, and unresponsive customer support, raising serious concerns about the accessibility of your hard-earned money.
If you have lost money to companies like Latoken, or Oro Markets; please report it to us on our Report a Scam form.
Account Types
The tiered account structure incentivizes larger deposits with tighter spreads and additional perks. However, the minimum deposit for the most basic Bronze account is significantly higher than industry standards, potentially creating a barrier for entry for novice traders.
Red Flags and Warning Signs
One very simple broker to look into is MarketsInvest. All you need to do is look up their legitimacy on the FCA register. You can immediately declare it to be a scam because they aren’t present. But we didn’t give up hope before drawing any conclusions. Rather, we examined more reliable regulators. Take CFTC, ASIC, and BaFin as examples. Still, the outcomes remained the same.
As a result, all of their claims regarding protection, segregated accounts, and Tier 1 banks are called into doubt. Thus, there is nothing to be optimistic about with this broker. Here is evidence from the FSMA as well as a warning.
MarketsInvest Alternative Brokers
If you’re seeking a safe and reliable trading platform, consider these reputable alternatives:
- Interactive Brokers: A well-established and highly regulated broker offering a wide range of products and services.
- eToro: A popular platform with a strong focus on social trading and copy trading features.
- Fidelity: A trusted name in the financial industry, offering a user-friendly platform and competitive fees.
- Saxo Bank: A renowned platform with a wealth of research tools and advanced trading features.
Got Scammed by MarketsInvest? We Help Victims!
Unfortunately, some individuals may already have fallen victim to MarketsInvest’s questionable practices. If you’ve encountered difficulties withdrawing your funds or suspect unfair trading practices, don’t hesitate to seek help from organizations like the Financial Conduct Authority (FCA) or the International Organization of Securities Commissions (IOSCO). Remember, acting fast and seeking professional guidance can increase your chances of recovering your losses.
You can contact us to get professional guidance and recovery service recommendations to get help in recovering the lost funds.
In conclusion, while MarketsInvest may entice promises of easy profits and sleek interfaces, the stark reality paints a different picture. A lack of regulation, concerning user experiences, and manipulative practices raise serious red flags. When it comes to your financial well-being, steer clear of MarketsInvest and choose a reputable, regulated broker for a safer and more rewarding trading journey or You Can report to us today by the below form.
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