Review of Trust Markets: cooperation terms, reviews
Professional traders easily distinguish honest intermediaries from pseudo-brokers. One of the main signs of fraud is the lack of legal documentation or fake documents. According to reviews, Trust Markets can be classified as projects suspected of fraud. The company’s legend is so unconvincing that even a novice will understand that this is a dishonest intermediary.
On the trust-markets.com website, it is claimed that the company was established in 2004 with the aim of simplifying trading on global financial markets. However, doubts arise from the fact that reviews of Trust Markets only started appearing a few months ago, and the domain name was registered only at the end of 2019. This suggests that the company started its activities not so long ago and may not be reliable.
An important point that raises suspicion is the information about obtaining permission from the European Financial Markets Commission. Unfortunately, such a regulator does not exist. The eufmc-nz.com website looks suspicious and may be created for deception.
In Europe, the activities of brokerage organizations are controlled by regulators of specific countries. For example, to operate in the UK, permission from the FCA is required. Trust Markets, offering a multilingual interface including a Russian version, may be targeting traders from Russia and other CIS countries, but does not have permission from the Russian Central Bank.
Review of communication channels with Trust Markets support
User reviews indicate that the Trust Markets support service does not respond to inquiries. There is no live communication with employees, only a feedback form and email address: [email protected].
What is the client agreement of Trust Markets?
The legal documents regulating relationships with traders at Trust Markets raise doubts. It is unclear in the client agreement how the company HS Group Ltd, registered in an offshore jurisdiction, is related to Trust Markets. The terms of the agreement seem unfair and may lead to financial losses.
Trading conditions of Trust Markets
To trade with Trust Markets, registration on the platform is required. The company offers various types of accounts, but user reviews indicate insufficient reliability and promises that are not fulfilled in practice.
Reviews from former clients of Trust Markets
A network of negative reviews about Trust Markets indicates that the company may not be a reliable broker. Users complain about deception and difficulties in withdrawing funds.
Review of the Trust Markets fraud scheme
Trust Markets targets novices in trading, promising high profits, but in reality may deceive traders and prevent them from withdrawing their earnings.
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Summary of Trust Markets review
Trust Markets appears to be an unreliable broker that may deceive traders. Before entrusting the company with your money, it is worth carefully weighing all the risks and negative reviews.
My experience with Trust Markets was a major disappointment. The terms of cooperation were vague, confusing and not favorable to the investor. The broker demonstrated a lack of professionalism and transparency, making claims that didn’t live up to reality. Communication was subpar, with responses to queries slow or non-existent. Most worrisome, there were hidden fees not disclosed at the outset. All these issues have been echoed in numerous other negative reviews I’ve encountered. I strongly discourage anyone from dealing with Trust Markets, as it appears their approach to client satisfaction is far from trustworthy.