Scammers Revealing Their Intentions: Review and Feedback on MarketCFD Company
Broker MarketCFD: reality or scam?
In the world of CFD trading, there are companies that do not hide their intentions. One of such companies, according to many traders, is MarketCFD. In this review, we will look at the main aspects of this broker’s work, study the website marketcfd.com, and analyze client opinions.
Information about the company MarketCFD
On the official website marketcfd.com, there is a minimal amount of information about the company. The broker is registered in Saint Vincent and the Grenadines, which is an offshore zone without proper regulation. The registration date raises doubts – 2019, but the actual age of the site may be different, raising questions about its reliability.
Trader reviews indicate a branch of the broker in the capital of Estonia, which, according to experts, may be done to attract clients from Europe.
Analysis of the MarketCFD website
The website marketcfd.com is available in several languages and contains information about bonuses, available assets, advantages, educational programs, as well as links to social networks. However, a detailed examination of each section reveals some inconsistencies, indicating possible dishonesty of the broker.
For example, bonus programs may be just a lure, not providing real benefits to clients. Additionally, problems arise when trying to access educational materials or download the application.
User Agreement
According to the terms of use of MarketCFD, the broker bears little responsibility for its actions. Inadequate attitude towards market indicators and the possibility of discontinuing data provision raise serious doubts among investors.
The conditions also imply that the broker may suspend the website’s operation and close a client’s account without notice, raising concerns about investment security.
Withdrawal of funds and client reviews
Client reviews of MarketCFD are often negative. Issues with fund withdrawals and improper treatment of deposits raise serious concerns among traders. Processing times for requests and the possibility of errors in fund transfers only exacerbate the situation.
Our opinion
Based on the information presented, the company MarketCFD leaves many questions unanswered. Lack of transparency, unclear terms, and negative trader reviews create grounds for doubts about the broker’s honesty. When deciding to collaborate with MarketCFD, it is advisable to be extremely cautious and carefully weigh all risks.
Author: Irene Sydorova