CFD broker Markets.com: review and feedback on the fraudulent company
CFD broker Markets.com is a service that is popular in the trading instruments market. However, with the emergence of various platforms for CFD trading, the issue of fraudulent brokers has arisen. According to many traders, Markets.com is one of those companies that do not provide opportunities for successful trading. Reviews about this platform are mainly negative, and users share their negative experiences.
Markets.com Website Review
The Markets.com website provides little information that could be useful for traders. The main page is adorned with the CFD broker’s slogan: “Take your trading to a higher level”. However, many users do not find value in the information presented. The main menu of the website includes 8 items: “About the Company”, “CFD Trading Overview”, What is X, “Tools and Analytics”, “Support Center”, “Create an Account”, “Log In”, “Language Selection”.
The Markets.com website diligently tries to attract users to register by offering various bonuses and advantages. However, many traders believe that the information on the website is superficial and lacks a detailed overview of the broker’s capabilities.
Markets.com Licenses Review
Broker Markets.com holds licenses from several regulators, including CySec (Cyprus), FSCA (South Africa), ASIC (Australia), FCA (United Kingdom), FSC (international license). However, there is mistrust towards the company due to differences in registered legal entities, raising questions about the transparency of the broker’s activities.
Other Markets.com Documents
The Markets.com website does not feature a “Documents” section with useful information for traders. This oversight raises doubts among clients regarding the transparency of the company and its actions.
Overview of Trading Assets Available on Markets.com
CFD broker Markets.com offers access to various assets, including currency pairs, precious metals, energy sources, securities, ETFs and Blends, cryptocurrencies. However, some traders note the lack of clarity in information about swaps and actions conducted on the platform.
Markets.com Reviews Overview
Reviews of the activities of CFD broker Markets.com are generally negative. Clients share their experiences of deception and dishonest actions by the company. High leverage, lack of liquidity, and other issues are also mentioned in the reviews.
How Markets.com Deceives Traders?
The methods of deception used by Markets.com include the use of their own trading terminal, manipulation with swaps, and persistent attempts to lure traders into additional investments. Additionally, the company complicates the fund withdrawal process, causing distrust among clients.
Recommended Articles for You:
- Ghost broker RoyalBanc: review of a fraudulent website and traders’ reviews,
- Scam broker Altosmarket: honest review of the company and trader deception scheme,
- X90: review of another scam, reviews of deceived traders.
Markets.com Company Review Summary
CFD broker Markets.com has become the subject of traders’ discontent due to deficiencies and dishonest practices. Uncertainty in licensing, withdrawal issues, and changes in terms of use create a negative impression of the company. It is recommended to turn to more reliable brokers for CFD trading.
Author: Ivan Andrienko