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Markets-invest review ; This is a brokerage firm that that promises to offer over 200 instruments. These instruments range from Forex, CFD, cryptocurrency, ETF.
This broker offers a leverage as high as 1:500; And of course this is more of a disadvantage than an advantage to newbies. Meanwhile, markets invest claim to have
over a hundred thousand registered accounts. In addition, they claim to have executed over a $130 million worth of transaction.
Moreover, they have about 245 work force across the globe.
This may sound interesting; But we shall tell you what we think about them in this markets-invest review.
To get across to them, potential clients will have to send a mail to [email protected]
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Markets-Invest is allegedly a trading name of Dragon Capital Limited, a company incorporated in Saint Vincent and the Grenadines (SVD). Like we have been warning, this part of the world is the hub of forex and binary option scammers.
There government does not provide stringent rules and regulations for forex brokers registrations.
Instead, they simply have to follow an inexpensive registration procedure with the Financial Services Authority (FSA), which has explicitly stated that it “does not issue any licenses for forex trading or brokerage or binary options trading nor does it regulate, monitor, supervise or license international companies, which engage in such activities“.
This means that clients of SVG-registered brokers are subjected to all kind of risks, the most common of which is losing your entire investment to scam.
Having said that, we want to continue this markets-invest review by highlighting other possible pointers to this scam.
What do you know about FXonspot?
Available information on the website
This broker does not provide sufficient information on the trading conditions. For instance, the charges for both deposit and withdrawal, spread, leverage, etc. And these are vital information for any potential clients.
Moreover, they don’t say anything about demo account. Therefore, we can conclusively say that they don’t offer any.
Which brings us to the big question; How can you invest in a broker that is not regulated, hasn’t clear information on the trading conditions and no available demo account to even test their unfriendly trading plartform?
It’s going to be suicidal if you invest in it. But you can always trade in iqoption, which is a regulated broker.
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Markets-invest review on trading plartform.
This broker offers a web-based trading plartform. We had to open a real account with Markets-Invest in order to be able to collect some trading info. And we found that the broker offers its services on some strange web-based interface that is reminiscent to binary options platform. It is very simple, lacking any charting tools and advanced features. That said, most traders will surely prefer the industry leading MetaTrader 4 (MT4).
The reason for this is that the MT4 is easy to use, and yet equipped with professional tools and features, such as top-notch charting with many built-in indictors, automated trading options, a.k.a. Expert Advisors, extensive back-testing environment, customization etc.
Markets-invest review Conclusion
This broker is a complete joke. They lack many vital information and not even regulated. We believe that the information above will be of great help which is to primarily avoid the scammer.
Thanks for reading. Remember, you can also read our review of Nardex.com.
Share your thoughts on the comments section.