Europe Markets is a company specializing in providing CFD and forex services, claiming to be a reliable broker. However, according to the research and evaluations of users, the owners of the website europe-markets.com are considered scammers operating in the financial sector. Reviews from affected users indicate that this broker even distributes an application allowing unauthorized access to bank accounts. Let’s examine how exactly this company engages in deceiving traders.
Main Features of Europe Markets
It is believed that a reliable broker is a rarity in financial markets, and Europe Markets is likely not among the companies deserving trust. Upon closer inspection of the website europe-markets.com, it is evident that the firm operates only as long as new visitors pay attention to it. Once the flow of visitors diminishes, the site disappears, leaving behind only negative reviews from deceived clients.
The first sign of a dishonest black broker is self-praise. Europe Markets claims to be one of the pioneers in working with CFD and forex assets. However, the domain europe-markets.com was registered recently, and the site’s traffic is significantly lower than many other resources created even before the era of Web 2.0.
The lack of an audience is a critical point for any broker, yet Europe Markets has almost none. With a site that attracts no more than 200 visitors, it is impossible to create a comprehensive resource. User reviews indicate that the broker’s forum lacks discussions, collective problem-solving for traders, which is an integral part of resources valued by traders. The site is merely an empty shell designed to attract visitors with loud slogans, lacking real grounds to be considered a reliable platform.
The minimum deposit is $250, which is another sign of fraud. Despite its poor reputation, traders continue to invest and lose their money.
Legal Entity Issues
There is no independent company Europe Markets; only Vekolle Limited exists, owning various clones such as Trademaster FM, TopTrade FM, Royal Trade FM. Perhaps there are other sites created in a similar manner. According to customer reviews, refunding the deposit or a part of it is impossible.
The europe-markets.com site has almost no unique features. The only difference lies in the altered design, clip arts, and text structure. This is also a sign of an unscrupulous approach.
Europe Markets Fraud Mechanism
Europe Markets offers assistance in trading and promises high profits effortlessly. After installing additional software, such as AnyDesk, the client’s account is emptied. Managers start psychological manipulation on the client, offering various ways to increase the account. However, it becomes clear over time that no payments will be made, and the client faces threats and pressure.
Reviews of Europe Markets
Reviews of Europe Markets are mostly negative. Clients note the undesirable behavior of the staff and the absence of payouts.
Summary of Europe Markets Review
The review shows that Europe Markets is not a reliable broker and is likely to cease its operations soon. In case of threats from the company, it is recommended to contact law enforcement agencies and the bank. Awareness of such scammers can prevent potential financial losses.
Author: Sasha Chaika