Markets Invest – It is a Scam?

| Publish date: 12/30/2019 (Last updated: March 25, 2020 12:42 AM)
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Stop! It’s a Scam! Your money is not safe if you are trading with this unregulated, off-shore broker.

Markets Invest - DO NOT TRADE WITH THIS PROVIDER
3.2/10
$100
Minimum Deposit
X

updated 2020

The only information we could find about the account types on Markets Invest is that it has a single Standard Account. The minimum deposit requirement for this account type is $250, with a maximum leverage of 1:500 and a spread of just 0.4 pips.

This offshore broker offers its clients a web-based trading platform and trading conditions are no mentioned at all.

Try these regulated brokers if you want to start trading cryptocurrencies

Plus500 Review - Regulated broker
Plus500CY Ltdauthorized & regulated by CySEC

82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money

Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes.

 

Website URL: https://markets-invest.com/

Founded: N/A

Regulations: Unregulated

Languages: English, Russian

Deposit Methods: Credit/Debit Card via Web Money and Qiwi, Bitcoin, Wire Transfer

Minimum Deposit: $250

Free Demo Account: No

Number of Assets: N/A

Types of Assets: Currency Pairs, Cryptocurrencies, Commodities, ETFs

Trading Accounts and Conditions

The only information we could find about the account types on Markets Invest is that it has a single Standard Account. The minimum deposit requirement for this account type is $250, with a maximum leverage of 1:500 and a spread of just 0.4 pips.

This offshore broker offers its clients a web-based trading platform and trading conditions are no mentioned at all.

Markets Invest – Advantages

While there are many disadvantages with Markets Invest, we need to be fair and list out the advantages too:

  • Low Spreads

When we were able to log into Markets Invest’s trading platform, the EURUSD benchmark Forex pair showed a spread of just 0.4 pips, which is very favorable for traders.

However, since the spread was really raw, we have to assume that there would be some kind of a commission that the broker would get from each deal, however, since the trading conditions have not been clearly stated, you would not know until you actually start trading.

  • Generous Leverage

The broker offers a maximum leverage of 1:500, which is also favorable for all types of traders, be they beginners or skilled traders.

However, it should also be noted that leverages that high come with considerable risk, which is why many financial agencies have capped leverages for regulated brokers at much lower levels.

So, while on the surface, it seems like a generous leverage, it is a double-edged sword and you could actually end up losing your money in minutes.

Markets Invest – Disadvantages

Besides the two advantages we were able to scrape out of our investigation of Markets Invest, what we found was very alarming. Here’s why:

  • Lack of Regulation

Markets Invest claims that it is owned and operated by a company called Dragon Capital Limited. This company is incorporated and registered in St. Vincent and the Grenadines (SVG), which means that this is an offshore entity.

Forex brokers do not come under regulatory scrutiny in this country, rather, all they need to do is register with the local FSA (Financial Services Authority). The process of registration is inexpensive, which is why many brokers register with such agencies.

The challenge is that the SVG FSA clearly states that it does not regulate forex trading or broker that are involved in forex trading. Therefore, we can safely state that Markets Invest is not a regulated broker.

This suspicion is further highlighted by the fact that nowhere on the broker’s website does it actually say that Markets Invest holds a license to operate or is regulated by any financial authority.

This means that your money is greatly at risk if you trade with them.

Plus500
$100
Minimum Deposit

82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money

Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes.

 

AvaTrade
$100
Minimum Deposit

The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.

 

  • Little Information About Trading Conditions and Pricing

As we mentioned earlier in this review, Markets Invest has given very little information about its trading conditions and pricing. There are no trading specifics besides the minimum deposit requirement. In fact, there is no section on Terms and Conditions anywhere on the broker’s website.

While we figured out the maximum leverage level, there are no further details about leverage given, and neither is there any information about the platform’s trading costs, fees and so on.

So, until clients actually invest money on the platform, they won’t get to know how much they are paying for the brokerage services offered.

  • No Demo Account

Markets Invest has no demo account, so the only way you will know what you are going to be charged, what the trading conditions are and what the spreads and leverage look like is when you actually open a live account and invest your money.

This is typical of brokers that are unregulated, since it allows them to trap unsuspecting traders into putting investing their money on their platform.

  • Web-Based Trading Platform

Most legitimate brokers use the MetaTrader 4 or MetaTrader 5 trading platforms. This is because these are the best trading platforms in the world right now.

They are easy to use, and have tons of added features such as charting options, bots for automated trading and analytics tools.

Most unregulated brokers and outright scammers prefer to use web-based interfaces that are really basic, such as the one that Markets Invest is using.

This platform can actually confuse the unseasoned trader, since it looks professional. It offers some charting options, but not enough to really benefit the trader. At the end of the day, when you really analyze the platform, it falls short of actually doing what a trading platform such as the MT4 or MT5 does.

  • Withdrawal Conditions

Since we could not test the trading conditions through a demo account, we were forced to open a live account with Markets Invest. Upon doing so we found that we were being charged a 14% withdrawal fee, which is much higher than the market average. Added to that the broker only allows for a minimum withdrawal amount of $15.

Conclusion

After going through Market Invest’s website and trading platform in detail, we can conclude that this is not a broker you should trust your money with. There are just too many glaring red flags for you to ignore.

There is the issue of its licensing and regulation, the fact that it doesn’t have any demo account or even any Terms and Conditions, and it has a simplistic web-based trading platform.

It would be best if you avoid trading on Markets Invest as you stand to lose your hard-earned money.

Markets Invest

3.2

User Experience

3.8/10

Payment Options

3.5/10

Security

3.0/10

Support

3.0/10

Reputation

2.8/10

Pros

  • Low Spread of 0.4 pips
  • Generous Leverage of 1:500

Cons

  • Lack of Regulation or License to operate
  • Little Information About Trading Conditions, Trading Fees and so on.
  • No Terms and Conditions mentioned at all
  • No Demo Account
  • Simple Web-Based Trading Platform

Do not trade with unregulated brokers that will steal your funds - try these regulated brokers:

Plus500
$100
Minimum Deposit

82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money

Plus500 is a FTSE 250 listed brokerage providing online trading services in CFDs, across 2,000+ securities and multiple asset classes.

 

AvaTrade
$100
Minimum Deposit

The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders.

eToro
$200
Minimum Deposit

eToro is a multi-asset platform which offers CFD and non CFD products. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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