Markets Invest falls short of being a transparent broker, concealing critical information like ownership, license particulars, and their precise office location. This opacity is particularly disheartening for a broker claiming UK affiliation.
We aim to unravel whether this secrecy stems from a mere technical lapse or if there’s something more obscure at play in our forthcoming MarketsInvest review. Stay tuned as we delve deeper into the intricacies and, importantly, how to safeguard yourself under such circumstances.
Legal Verification: Is MarketsInvest a Trustworthy Broker or a Scam?
Assessing the legitimacy of MarketsInvest is a straightforward task. A quick check on the FCA register reveals their absence, a red flag that strongly suggests a potential scam. However, before drawing a final conclusion, we diligently explored the listings of other reputable regulatory bodies such as BaFin, ASIC, and CFTC, only to find consistent negative results.
As a result, their claims of affiliations with Tier 1 banks, segregated accounts, and client protection come under severe scrutiny. Unfortunately, there seems to be little to no positive outlook when it comes to this broker’s credibility. Supporting this concern, we present a warning from the FSMA.
Who Forms MarketsInvest’s Client Base?
MarketsInvest asserts its registration since 2019, but this is in stark contrast to the domain’s existence since 2013, suggesting potential rebranding and domain acquisitions. Notably, their current domain is up for sale, hinting at a history of brand changes. Presently, they appear to be targeting traders primarily from France, Italy, and Portugal. If you’ve fallen victim to their practices, don’t hesitate to contact our refund team for guidance.
Сonclusion
In conclusion, MarketsInvest raises significant concerns regarding its legitimacy as a broker. The absence of registration on the FCA register and the consistent lack of recognition from other reputable regulatory bodies such as BaFin, ASIC, and CFTC strongly suggest that MarketsInvest may not be a trustworthy entity and could potentially be a scam.
Their claims of association with Tier 1 banks, segregated accounts, and client protection are cast into doubt in light of this information. Furthermore, a warning from the FSMA adds weight to these concerns.
It is essential to exercise caution when dealing with MarketsInvest, especially if you are located in regions like France, Italy, or Portugal, where they seem to be targeting traders. If you have been negatively impacted by this broker, it is advisable to seek guidance from our refund team.
Comments