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MarketsInvest Review: Scam or Good Forex Broker?

Is MarketsInvest Legit or Scam?

Red flags fly high with MarketsInvest. While they portray themselves as a legitimate UK-based forex broker, a closer look reveals a concerning lack of regulation and a series of features that suggest this is a scam operation.

This Markets-Invest scam broker review will delve into the details and advise you to steer clear for your financial safety.

Company Overview

Feature

MarketsInvest

Regulation

None

Minimum Deposit

€1 (credit/debit card), €200 (wire transfer)

Trading Instruments

Forex, Commodities, Indices, Cryptocurrencies

Spreads

EURUSD (2.5 pips), GBPUSD (5.5 pips), USDJPY (4.4 pips)

Leverage

Up to 200:1

Services or Products

MarketsInvest offers forex trading with a variety of instruments. However, the lack of a legitimate license casts a dark shadow over the entire operation.

If you have lost money to companies like UniversalTrade, or AGX ZEN; please report it to us on our Report a Scam form.

Trading Platform & Leverages

The trading platform offered by MarketsInvest lacks credibility. Combined with allegedly unreliable charts, it raises serious doubts about the legitimacy of your trades. Additionally, the high leverage of 200:1 is risky, especially for beginners.

Spreads and Cost of Trading

The spreads offered by MarketsInvest are not competitive. While they claim free deposits and withdrawals, potential hidden fees and long processing times add to the concerns.

License and Regulations

This is where the biggest red flag appears. MarketsInvest does not hold any legitimate forex license. The Financial Conduct Authority (FCA) in the UK and the Financial Services and Markets Authority (FSMA) in Belgium have both publicly warned against them. Dealing with an unlicensed broker exposes you to significant risks.

Legal Warning Against MarketsInvest

The FSMA specifically identifies Markets-Invest as an unauthorized entity conducting illegal activities within Belgium. This is a major warning sign and should deter any potential investor.

Deposit and Withdrawal Methods

MarketsInvest accepts deposits via credit/debit cards and wire transfers. While they claim these transactions are free, be cautious of potential hidden fees and lengthy processing times.

MarketsInvest Pros and Cons

Pros

Cons

None

No legitimate forex license

 

Falsely claims registration in the UK

 

FSMA warning

 

No reliable trading software

 

Unreliable broker

Why Dealing With An Unlicensed Broker Is Risky

Unlicensed brokers operate outside the regulations that protect investors. This means:

  • No guarantee of your funds’ safety: If MarketsInvest goes bankrupt, you may lose your entire investment.
  • Unfair trading practices: Unlicensed brokers may manipulate prices or prevent you from withdrawing your funds.
  • No recourse for complaints: If you have a problem with Markets-Invest, you will have no regulatory body to file a complaint with.

Client Feedback

There are no reliable client reviews available for MarketsInvest. This lack of transparency is another red flag.

How Can “Reviewsadvice” Help You If You Get Scammed?

Unfortunately, if you get scammed by MarketsInvest, getting your money back can be difficult. However, reviewing scam broker warnings like this one can help you avoid such situations in the future.

Also, our professionals can provide you with professional guidance and recovery service recommendations to help you recover the lost funds or You Can report to us today by the below form. 

File A Complaint Against Scammers

Final Thought

MarketsInvest exhibits all the hallmarks of a scam broker. The lack of regulation, unreliable platform, and non-competitive spreads are major red flags. Do not risk your hard-earned money. Choose a reputable, licensed broker to ensure your financial safety and a fair trading experience.

Picture of  William Pewitt

William Pewitt

William Pewitt is an experienced forex broker reviewer, dedicated to helping traders navigate the complex world of currency exchange. With a sharp eye for detail and years of experience, I try to provide concise and insightful assessments of various forex brokers. My reviews offer valuable guidance, helping traders make informed decisions about their investments.

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