Market CFD is a forex brokerage is owned and operated by SWISSGEMS Ltd. They have been on the scene since 2018. Join us below as we we take an in-depth look at the features noble-markets.com allegedly offers. The review covers aspects of its licensing, its account types, its leverages, its withdrawal, and deposit methods. Read through our review to see what we and other experts have to say about Markets CFD
Table of Contents
Market CFD Trading platform
Market CFD claims to be a leading provider of financial services and investment products to traders across the world.
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We use the latest trading technologies and platforms to offer fast and flexible access to over 1,000 major financial assets. Our efficient online brokerage provides you with reliable and easy to use low cost investment solutions.
They offer traders the opportunity to trade Forex and CFDs on Commodities, Indices and Shares.
The website looks professional and well designed, one reason for that might be because it is not their design. After due research, we discovered that this website is a clone of another approved broker (Marketcfd.com). this typeof tactics is used by scammers on unsuspecting traders who are not paying attention to web address they visit.
Markets CFD Account Types
Market CFD Deposit and withdrawal methods
In this part of the review, we will be looking at the way and manner this broker handles transaction both in depositing and withdrawal
This broker claims to support the following methods.
- Visa
- Wire transfer
- Mastercard and others
Although nothing of the sort was mentioned in the terms and conditions, traders should be aware, another potential risk is that they might be withdrawal conditions concerning accounts that take advantage of the bonus promotion. Some fraudulent brokers stipulate that a trader must achieve a certain trading volume in order to be eligible for withdrawal. This is purposefully done in order to stop traders from making a withdrawal.
Is Market CFD Licensed?
We explore the licensing of marketscfd.net in this section of the review.
This broker claim to be owned by SWISSGEMS Ltd. And registered under the registration number 205779109.
So in order to ascertain if this broker was licensed, we had to check several regulatory bodies. We checked the FCA in UK, ASIC in Australia, CySEC in Cyprus, BaFin in Germany, CONSOB in Italy and many others. At the end of our search we didn’t find any licensing information concerning marketscfd.net
So, no, this broker is not a licensed broker.
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Accounts
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Projects
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Licensed in UK(FCA), Dubai(DFSA), St Vincent and the Grenadines, Cyprus(Cysec) and Cayman Islands
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
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Licensed in UK(FCA), Australia(ASIC), Belarus(NBRB) and Canada(IIROC)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:300
BEGINNER FRIENDLY
Licensed in Australia(ASIC) and Cyprus(Cysec)
Accepts Traders Worldwide
Minimum Trade Deposit $100
Maximum Leverage
1:500
Conclusion.
In conclusion, we wouldn’t advise or recommend you to trade with marketscfd.net as they don’t give any information as to if they are a regulated broker.
Marketscfd.net is likely a platform run by scammers, trading with them would likely result in you losing your money. There is a tremendous risk on any transactions interested traders may conclude with the brokerage and we deeply recommend they look elsewhere for viable trading option.