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EsMarketsFX Review: Esmarketsfx.com Unregulated Company

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EsMarketsFX Review: Esmarketsfx.com Unregulated Company

EsMarketsFX claims it has the best trading solutions for investors. The entity has partnered with some of the best brokers to generate a better outcome. Once you visit the website, you may think the company has ideal opportunities. However, the scheme is a complete waste of time.

EsMarketsFX Review, EsMarketsFX Company

The people behind the venture are anonymous. They are using fluff content that con artists have overused. However, the scheme fails to disclose the qualification that their professionals have. The firm is accepting traders from all over the world.

There are strict measures that regulatory bodies have enforced to protect their citizens. EsMarketsFX violates them by failing to follow the requirements. The company deals with cryptocurrency and forex trading management. These are assets that associate severe risks. If you lack the relevant skills, you could lose all your savings.

Choosing the wrong investment scheme will cost you. The venture claims it uses the latest technology to obtain excellent results. Sadly, we are yet to see the trading results of the company. Invest only with verified forex trading platforms. You will earn passive income.

EsMarketsFX.com Review

It is essential to diversify assets while trading. It helps to minimize the risks. EsMarketsFX features assets like energy, index, and metal. The broker is also updating the latest news to keep traders informed. These are some of the things that affect the price of the products. However, the information is not the latest news as it backs to 2019. There are too many trends the scheme has not bothered to talk about.

The promises that the scheme makes are unrealistic. The lost funds will never be compensated. The venture state it wants to attain financial freedom to investors. It is not as easy as the platform makes it sound. You need to master the skill of trading.

Moreover, EsMarketsFX lacks a trading history. There are no existing testimonials from their customers. We cannot validate that the firm is profitable. However, we are confident the scheme won’t be there in the future. The broker is only registered for one year. They are using false statistics to show how their entity is popular.

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Trading Conditions of EsMarketsFX

EsMarketsFX has three trading accounts. The minimum amount that one can deposit is $500. Our main concern is the lack of a license. The entity is allegedly offering the MT4 interface. It is one of the famous and superior platforms in the market. The leverage available is 1:100. It is above what the financial bodies permits.

EsMarketsFX.com Review, EsMarketsFX.com Features

The spread available is unprofitable. 1.8 pip is beyond the market standard. Several great companies grant users spread below 1 pip. The cost of opening a trade is reduced. Ensure that you also read the terms and conditions of the company you want to trade with keenly.

Withdrawal and Deposits 

The company does not reveal sufficient information regarding the withdrawal. We do not know the minimum amount that clients can cash out. The available payment methods include; bank transfer and crypto. It is impossible to issue a chargeback with these options.

Scammers prefer using the methods to retain the money in their accounts. Additionally, they remain anonymous. Signing up with EsMarketsFX is a blind move. You will be scammed with all your savings. Fraudsters have a common tendency of having hidden fees.

The information will only be revealed when you request for withdrawal. Offshore schemes are notorious. It is important that you deal with licensed entities. At least with such firms, you can sleep soundly.

Contact Details and Customer Support

The company claims to be based in Mahe, Seychelles. The only method of communication available is via email. It is not ideal, especially for companies dealing with investment. EsMarketsFX will easily ignore your message.

A severe investment scheme will feature an office address and phone number. If you encounter a platform that does not care about traders’ wellbeing, they are unworthy of your time. Who is going to help you if you face a problem?

The reason EsMarketsFX is operating discreetly is to avoid being caught. Once the platform no longer receives funds from traders, it will close its own business. The least you could do is report them to the authority. However, the government can’t trace ghost owners.

Regulation Status of EsMarketsFX 

EsMarketsFX claims it has a registration form from Seychelles. The document does not mean anything. It is cheap and easily acquired. What counts is having a license. In Seychelles, there is no regulatory body overseeing the financial activities of the forex companies.

Moreover, the venture does not have a parent company. If the rights of the consumers are violated, nobody will come to their rescue. Additionally, the entity wants clients to believe it has offices in the United Kingdom. This is a place with strict rules for brokers.

EsMarketsFX has not deposited a capital of 730K in its name. The individuals behind the venture cannot afford the amount. The scheme cannot survive the volatility in the industry. It is likely the firm will be using clients’ funds. Trade with some of the best forex trading companies in the market that are transparent.

Clients Feedback

EsMarketsFX does not have testimonials from their clients. One of the best ways to know what to expect from a company is to check the reviews. Unpopular platforms mean traders are not interested in the services of the venture.

Sometimes scammers act smart and feature false reviews. They will pay random people that are not their clients to endorse them. The marketers of this firm are working tirelessly to trap in more victims. You may encounter adverts indicating the entity is generating profits. If there is no proof of payment refrain from engaging with the firm.

Is EsMarketsFX Legit or Not?

The company is not reliable. The broker provides an MT4 trading interface. However, this should not be why you settle with the platform. The entity does not care about the safety of investors. They are not working with a reputable financial institution to segregate clients’ money.

Additionally, the data of clients can be stolen. Scammers are desperate, and for every opportunity that can earn them additional coins, they will gladly take it. Do not be surprised when EsMarketsFX betrays you and shares your info with criminals.

There is no proof of payment that indicates the entity is trading. They also do not report their daily trading activities to the authority. The scheme is capable of manipulating prices. You cannot trust the venture.

There are thousands of genuine schemes that can generate real-time returns for you. All you need to do is research before depositing your hard-earned funds. Ensure that you also get the relevant skills. Be mindful of con artists that will lure you using false info. It is always helpful to double-check the data.

Final Verdict

EsMarketsFX is a company that is not worthy of your time. The broker is an offshore scheme that lacks a license. There are also no trading results available to prove the entity is profitable.

If you want to trade successfully, invest with leading forex trading companies. These are brokers that have been in the market for years. Their existing customers are pleased with the results they are getting. They also have world-class customer support. In case you encounter a problem, the entities will respond in time.

Does EsMarketsFX has a license?

No, the broker is operating illegally.

Is the customer Support of EsMarketsFX Sound?

No, offshore entities do not care about their clients.

 

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