EuropeMarket Review – Watch Out For This Unregulated Forex Broker

As of May 2023, the broker (europemarket.io) has ceased operations. But you can read the article to avoid falling for similar scammers.

EuropeMarket does not have a legal forex license.

We were horrified at the way EuropeMarket presented its shady scheme. This financial fraudster didn’t succeed in executing its plan by hiding behind an EU façade and presenting a poor offer. The T&C section was a small, but important difference.

EuropeMarket initially stated that it was operated by Archax LTD. However, in the legal section we found the name EZ2GO ltd. This con artist is controversial and has been blacklisted multiple times. We believe that it is the mastermind behind EuropeMarket.

Please ignore the Swedish address. You’ve likely realized that it is fake.

Arguments for Trading with a Licensed Broker

A legitimate broker is essential if you want to make trading worthwhile. We mean a provider licensed by high-ranking authorities like the UK’s FCA and German BaFin.

Your funds will be secured and you will have negative balance protection, compensation schemes and a leverage limit. The broker must have substantial operating capital in order to begin. EuropeMarket on the other side, however, does not meet any of these requirements.

EuropeMarket: Legit Broker or Scam?

EuropeMarket is a notorious con artist who specializes in online fraud with Forex and CFDs. This scammer, who uses a fake address, mainly targets traders from France and Italy.

Warnings from Financial Regulators as a Red Flag about Scam

EuropeMarket is at the end of its road. While it was not fun, it was definitely more enjoyable than it was. You’ll find warnings about the fraudster broker and the entity responsible for the entire thing. These warnings were issued by the Spanish CNMV and Italian CONSOB. They also apply to the Swedish FI, Belgia FSMA, German BaFin, and the AMF of the Netherlands.

EuropeMarket also offers What Platforms

WebTrader. It’s terrible, we know. Although the browser-based platform is suitable for beginners, even experienced traders will soon outgrow it. Its limitations are due to the inability to access advanced tools such as Meta Trader 4 and 5. WebTrader offers only basic charts, indicators and calendars. The platform is unregulated and is certainly rigged.

The Mobile App of EuropeMarket

Mobile trading is not any more efficient. Mobile trading is actually worse than desktop trading. Even advanced software can be affected. This could be useful for quick adjustments, but the scammer still has another way to deceive you.

Use Any Desk

AnyDesk, cleverly disguised as support was created to give EuropeMarket access to your computer. The consequences of allowing it will be severe. The scammer could also steal your financial information and cause havoc on your computer. Never agree to these shady terms.

What Assets can an Investor Trade?

According to the website Europe Market, it offers traditional assets. There are no cryptocurrency. The rest is pretty much the same. We still do not recommend that you trade with EuropeMarket.

• Forex pairs: EUR/USD USD/JPY GBP/AUD
• Commodities – rubber, gold, sugar…
• Indices – S&P 500 DOW 30, GER30…
• Stocks – Apple, Microsoft, Verizon…

EuropeMarket is involved in fraud? – Countries of Service

We conducted research to find out which countries EuropeMarket is operating in. They are all located in Europe, it is not surprising. Numerous regulators raised concerns about this broker and blacklisted them. We hope that these warnings reach traders soon to stop fraud.

• France;
• Italy;
• Germany;
• Spain;
• Monaco.

What are the different types of EuropeMarket accounts?

EuropeMarket offers four types of account:

• Bronze – EUR 3,500, 100+ assets;
• Silver EUR 7,000, 200+ Assets
• Gold – EUR 25,000; assets &
• Black – EUR 100,000, 200+ assets, higher leverage.

We think we will pass. Because the minimum deposit amounts are very large, you should also. EuropeMarket wasn’t very clear on everything else.

A Demo Account is Free – Is the Broker Offering It?

To give traders insight into the purpose of their registration, a demo account is provided for free. This must be included for all licensed brokers. EuropeMarket did not include this, which is no surprise. Another reason to not trust the scammer is this section.

High Minimum Deposit and Withdrawal Conditions

Here’s the scenario – the minimum deposit is absurdly high (EUR 3,500) and there’s a vexing bonus policy in place with a withdrawal-preventing clause. EuropeMarket will take the money and disappear, making you penniless, as soon as you have made the deposit. To further damage you, EuropeMarket will charge a ridiculous EUR 30 transaction fee.

A notification will appear when you make a deposit. It will say that there is a problem with your funds and that it is unavailable. This is not a sign that someone is trying to scam you.

What is a chargeback?

Chargebacks are a way for your bank to reclaim funds from the merchant. We recommend that you contact us immediately to initiate the process. In a free consultation, we will discuss how to get your money back immediately!

EuropeMarket: Video

Below you will find a short video about EuropeMarket. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about EuropeMarket!