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Markets F1 is a company claiming to help investors realize their full potential. There are multiple products and tools the firm allegedly avails of. The entity mainly deals with forex investment. Online investment continues to grow popular in the market. Individuals are looking for ways to get passive income. The problem is that the number of fraudsters also continues to increase.
Other available assets include; commodities, indices, stocks, and cryptos. What some of these businesses don’t reveal is the risks of trading. The market is volatile, and it is hard to predict the next direction that the broker will take.
Markets F1 claims it doesn’t need a commission. Their spreads are tight hence increasing the outcome of investors. The entity wants investors to believe it is the best. However, it is essential to note that the company is operating independently. There is nobody that supervises the activities of the broker. Therefore, this is an illegal scheme.
When it comes to the safety of your money, you must deal with legit forex trading companies. You will enjoy peace of mind while investing. These are brokers that have been in the market for years. Their trading activities are verified.
Markets F1 wants traders to note that their money is in safe hands. The scheme states it segregates clients’ accounts in top tier 1 banks. Unfortunately, the company fails to reveal the name of the financial institution. Scammers often use false info to trap in more victims. There is no segregation of accounts. The amount you deposit is at high risk of being lost as it goes to the con artists’ pockets.
Another worrisome factor is that we do not know the people behind this platform. The venture is operating anonymously. It is hard to believe that expert individuals are handling investors’ money. The reason that scammers choose to run their business in this manner is to avoid being prosecuted. Their victims cannot go after them.
Markets F1 purports it has the key to financial freedom for their customers. How the venture plans to achieve this remains a mystery. The technique and mechanism the broker is using are not disclosed. No trading history proves this is a profitable entity. Save yourself the trouble and avoid the bogus venture.
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They are also targeting novice traders. You will hardly find professional investors wasting their time with a company with several red flags. Making money is not as easy as the con artists make it appear. You need to familiarize yourself with the market. Performing thorough research on a scheme would save you from losing your savings.
Markets F1 claims it has a guide for forex trading. They have laid down all the necessary info. It entails the basic feature and complex analysis. The firm also aligns forex strategies with easy-to-follow descriptions. The information is made by the ” professional traders” ( the ones that the company fails to credit).
We cannot grant the firm the benefit of the doubt. The least the platform can do to win the trust of traders is to prove it has the right people handling the clients’ funds. The entity can publish the name of the account manager, financial analysts, and the parent company. Sadly, since we deal with fraudsters, we cannot expect much from them.
There are far much better investment companies in the market. Markets F1 is nowhere on the list. It features false statistics. For instance, the entity purports it has over 500 instruments. The number of their existing clients is also vague. The traffic that is visiting the website is wanting.
Markets F1 advertises leverage of 1:500. The financial bodies in the industry are against such limits. This is enough to prove that the broker is unregulated. The problem with a high cap is the risk. Suppose you are starting to refrain from taking such limits. In the blink of an eye, you can lose everything.
The minimum amount to open an account is $250. The scheme is allegedly proffering zero pip. There is no offshore firm that can be this generous. Such firms overcharge customers on their open trade. They do not even have negative account balance protection.
The broker has three trading accounts. Markets F1 claim it has an MT4 web version interface. Once you complete the registration, the scheme promise to the avail MT5 platform. Sadly, this is a false promise.
The listed payment methods include; Skill, Perfect Money, Bitcoin, Neteller, and WebMoney. There is a deposit fee of 1%, which is unheard of with legit companies. The entity does not mention withdrawal fees. The least amount that one can deposit is $50. Markets F1 is the kind of broker that will overcharge its customers. They have hidden terms that will only be revealed upon the withdrawal request.
The support team of Markets F1 is allegedly in operation 24/5. The quality of their services is exceptional. They respond in time to matters facing their clients. You need to open an account and verify your data. Sharing such crucial materials with offshore schemes is unwise. The entity can use the info against you.
The scheme purports to be based in the UK. However, this is false information aiming to win the trust of investors. Con artists are keen on the details they share to avoid exposing themselves. There is a phone number and an email address that clients can use. It is important to note that fraudsters only respond when traders are willing to spend more money. Once you start questioning their operation, they will cut you off.
The best forex trading companies understand the importance of having a responsive team. They will hire professionals who will respond in time to clients’ queries.
The entity does not mention anything about its regulatory status. They are accepting investors from all over the world. Therefore, their website should be decorated with multiple licenses. Terms and conditions govern every business. The contract binds the company to its client. In case of any problem, then the authority can resolve the issue.
Sadly, Markets F1 does not have such documents. Before opening an account, traders must agree to the privacy policy. Who knows what you are signing up for. The company has not deposited a capital in their name. Therefore, the scheme can misuse the funds of traders. Additionally, the firm may not be able to withstand the volatility.
The broker may be closed down unceremoniously because of insolvency. All your savings will go down with the platform. There are other genuine investment platforms in the market that you can use. They come with multiple benefits, and the safety of customers’ money is their main priority.
Markets F1 has a low trust score. The company praises itself, but there is no evidence of trading activities. The platform is discrete, and its performance is nowhere to be seen. Instead of risking your security, we recommend that you find a genuine platform.
Here is a list of some of the prominent forex trading ventures. You will earn passive income while you improve your trading skills. Moreover, these entities will not abandon their cause leaving you high and dry like the scammers.
What do investors have to say about this company?
Unfortunately, Marketsf1.com does not have client reviews.
Does Marketsf1.com has a license?
No, the entity is operating illegally.
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