Marketplacefairness.org is a trading platform that claims to offer excellent trading services for traders to make a decent profit. However, many traders have been scammed by fake brokers claiming to be from Marketplacefairness.org. This review will delve into the legitimacy of the platform and the red flags that have been raised on Marketplacefairness.org and whether or not it is a scam.
Overview
Marketplacefairness.org is an online trading platform that provides traders with access to educational materials on global markets. The platform offers educational materials and reviews in various asset classes, including stocks, indices, currencies, cryptocurrencies, and commodities.
Their main trick is, they provide educational material to the readers and traders. They also provide affiliate registration to different platforms. When traders use that affiliate link, this platform gets a commission. Also, they provide personal trading mentorship and training. This way they influence traders to invest in their recommended platforms and get away.
Is Marketplacefairness.org Regulated?
When it comes to trading, regulation is critical. It ensures that brokers follow specific guidelines and best practices. Marketplacefairness.org is not regulated by any reputable financial regulator, meaning it operates without oversight. This is a red flag for traders who prefer to deal with brokers that follow regulations.
Warnings from Financial Regulators
Several financial regulators have issued warnings against Marketplacefairness.org, citing that the platform is operating illegally. For instance, the Financial Conduct Authority (FCA) in the United Kingdom has issued a warning to the public to be cautious when dealing with Marketplacefairness.org.
Furthermore, the Australian Securities and Investments Commission also issued a warning against the platform, stating that it is unregulated and could potentially scam people. These warnings should not be taken lightly, and traders should do their due diligence before trading with Marketplacefairness.org.
What Currency Pairs Do They Offer?
They actually did not offer currency pairs directly. They offer educational materials and personal trading programs.
Customer Support
Marketplacefairness.org offers customer support services through live chat, email, and phone. However, some traders have reported that they have not received any help from the support team after raising complaints concerning their investments with their partner platforms.
Trading Platform
Marketplacefairness.org offers a web-based trading platform that is user-friendly but lacks some advanced features found in other reputable trading platforms. The platform’s charting tools are basic, and traders cannot customize them to suit their trading needs.
Additionally, the trading platform lacks important risk management features such as stop-loss orders, which could lead to large losses for traders. This is a significant concern for traders who prioritize risk management.
What Do Traders Think About Marketplacefairness.org?
Many traders who have used Marketplacefairness.org have reported negative experiences with the platform. Some traders have lost their investments, and others have had trouble accessing their funds with this broker’s partner sites. Furthermore, some traders have reported receiving numerous calls from the platform’s sales representatives, urging them to invest more money.
What To Do If You Get Scammed?
If you believe you have been scammed by Marketplacefairness.org, you should immediately contact your bank and request that they freeze all transactions to the platform. You should contact us to get immediate support. We will provide you with a free consultation and recovery service recommendations to help you in recovering the lost fund.
File A Complaint Against Scam Broker's
Final Thought
In conclusion, Marketplacefairness.org does not seem like a reputable trading platform due to its lack of regulation and numerous warnings from financial regulators. Traders should be cautious when dealing with the platform and should conduct thorough research before investing any money. If you are looking for a reputable broker, there are many regulated brokers out there that offer excellent trading services and follow best practices and regulations.
