Marketforetrading
On May 3rd, 2024, the Financial Conduct Authority (FCA) issued a warning against Marketforetrading, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/marketforetrading-wwwmarketforetradingcom
On May 3rd, 2024, the Financial Conduct Authority (FCA) issued a warning against Marketforetrading, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/marketforetrading-wwwmarketforetradingcomThe website of Marketforetrading appears to be identical to that of Fxmarkettrade, an unregulated broker that has previously been flagged by BrokersView. They even share the same alleged physical address, which raises questions about their authenticity.
Intriguingly, Marketforetrading alleges to be registered with the Companies House (CH), under certificate number 07309208 and the company name Coinbasetrade-holdingfx Ltd. However, our verification suggests otherwise. The number in the CH register is linked to an entirely different company, Etrade Solutions Ltd, and there is no evidence of any potential association between this entity and Marketforetrading. As such, Marketforetrading's so-called CH registration has ironically become proof of its dishonesty.
Marketforetrading purports to be authorized and regulated by the Financial Conduct Authority (FCA). However, this claim has been refuted by the FCA itself, which has issued a warning against this potentially fraudulent trading platform. The UK's financial watchdog categorizes Marketforetrading as an unauthorized firm operating within its jurisdiction.
In essence, Marketforetrading is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Marketforetrading appears to be a scam.
The website of Marketforetrading appears to be identical to that of Fxmarkettrade, an unregulated broker that has previously been flagged by BrokersView. They even share the same alleged physical address, which raises questions about their authenticity.Intriguingly, Marketforetrading alleges to be registered with the Companies House (CH), under certificate number 07309208 and the company name Coinbasetrade-holdingfx Ltd. However, our verification suggests otherwise. The number in the CH register is linked to an entirely different company, Etrade Solutions Ltd, and there is no evidence of any potential association between this entity and Marketforetrading. As such, Marketforetrading's so-called CH registration has ironically become proof of its dishonesty.Marketforetrading purports to be authorized and regulated by the Financial Conduct Authority (FCA). However, this claim has been refuted by the FCA itself, which has issued a warning against this potentially fraudulent trading platform. The UK's financial watchdog categorizes Marketforetrading as an unauthorized firm operating within its jurisdiction.In essence, Marketforetrading is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Marketforetrading appears to be a scam.BrokersView found that the domain "https://www.marketforetrading.com/" is currently inaccessible. This is widely regarded as a significant red flag, s the suspension of a broker's website often points to underlying regulatory or operational issues.
BrokersView found that the domain "https://www.marketforetrading.com/" is currently inaccessible. This is widely regarded as a significant red flag, s the suspension of a broker's website often points to underlying regulatory or operational issues.
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