Beware! Marketsinvest.com is an offshore broker! Your investment may be at risk.
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Marketsinvest.com, or Markets Invest, makes an attempt to convince us that it represents a trustworthy forex and CFD broker. But in fact this website could only be useful in one way – as a reminder that you should always do careful fact checking before you put your money on the line. In this review, we’ll take a detailed look at the clues by which you might be able to distinguish this type of scam from legitimate investment intermediaries.
Marketsinvest.com Regulation and safety of funds
|Guaranteed Funds||Segregated Accounts||Negative balance protection|
|UK regulated brokers||£85 000||Yes||Yes|
|EU regulated brokers||€20 000||Yes||Yes|
|AU regulated brokers||No||Yes||Yes|
|US regulted brokers||Yes||Yes||No|
If a financial services provider is legitimate, you will find on its website clear and detailed information about the company that owns and operates it, where it is based, and what licences it has. Genuine brokers also provide access to a comprehensive set of legal documentation. The availability of such information does not guarantee that it is not false or misleading. But the absence of these elements is very indicative that in all likelihood you are dealing with scammers.
Marketsinvest.com is completely anonymous and does not disclose the name of the legal entity that manages this alleged broker. Agreement to the Terms and Conditions is required upon account registration, but Marketsinvest.com does not provide us with access to this document.
In the FAQ section of the website, the space for the name of a regulator is left blank.
Marketsinvest.com claims to be based in London, United Kingdom, but does not even provide an exact contact address.
No licensed broker using the Marketsinvest.com trade name and domain can be found in the UK’s Financial Conduct Authority (FCA) database. Another European regulator, the Belgian Financial Services and Markets Authority (FSMA), has blacklisted Marketsinvest.com.
Under no circumstances should you trust your money to such anonymous websites full of false and contradictory information. Instead, you can turn to one of the many companies that really work under the supervision of respected regulatory bodies like Cyprus Securities and Exchange Commission (CySEC) or Financial Conduct Authority (FCA) in the UK.
As their customer you will enjoy a number of guarantees including negative balance protection and guarantee for your funds if the broker goes bankrupt, which goes up to EUR 20,000 in EU and 85,000 GBP in the UK. Regulations in the UK and EU include some important measures designed to improve investor protection and promote market integrity and transparency, such as transaction reporting. Regulated brokers are also required to segregate their operational funds from the client’s money.
Marketsinvest.com Trading software
|Analytical tools||Auto trading||Custom indicators||Mobile apps|
|MT4||30+ indicators||✅||✅||Android and iOS|
|MT5||50+ indicators||✅||✅||Android and iOS|
|cTrader||40+ indicators||✅||✅||Android and iOS|
Marketsinvest.com uses a basic web-based trading platform. Here is how it looks like:
It should be noted that the presence of a trading platform does not make this website any more legitimate and does not guarantee that this alleged broker offers real trading. Many scammers use rigged trading software to fool their victims that their money is being invested.
Legitimate brokers offer clients a wide selection of trading software, including desktop, mobile apps and web-based platforms. The most widely used platforms in the industry are MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms have established themselves as industry standard because they offer a wide range of features, including a variety of options for customization, multiple account usage, designing and implementing custom scripts for automated trading and backtesting trade strategies.
Marketsinvest.com Trading instruments
Marketsinvest.com claims to offer trading in forex, indices and commodities. But as noted, we have no reason to believe that this anonymous and unregulated website offers real trading.
Marketsinvest.com Spreads and cost of trading
In the trading platform we see an extremely high spread of 3-5 pips for the major currency pairs. These levels are more than double the industry norm.
Marketsinvest.com Maximum leverage
|UK regulated brokers||30:1||5:1||❌||10:1||10:1|
|EU regulated brokers||30:1||5:1||2:1||10:1||10:1|
|AU regulated brokers||30:1||5:1||2:1||10:1||10:1|
|US regulated brokers||50:1||❌||❌||❌||❌|
Marketsinvest.com claims to leverage between 1:100 and 1:200. This is further evidence that this could not be a legitimate broker based in London. The FCA, like EU regulators, limits leverage to 1:30 for trading in major currency pairs and even lower levels for more volatile assets.
Regulated brokers offer higher leverage only to professional clients who must meet very high standards for capital and experience and forgo the guarantees enjoyed by retail traders.
If you don’t qualify as a professional trader but are willing to take the risk of high-leverage trading, the most viable option is to use the services of an offshore affiliate of an established brand.
Marketsinvest.com Deposit and withdrawal methods
|Deposit time||Withdrawal time||Price|
|Bank wire||2-5 business days||2-5 business days||$25+|
|Crypto||24 hours||24 hours||Fee depends on crypto|
Marketsinvest.com claims to allow deposit of funds via bank transfer and credit card, but the deposit menu is not available if the account is not verified.
In the withdrawal menu we see a cryptocurrency option which is not declared on the website, and which is illegal for UK-based brokers.
Scammers prefer cryptocurrencies because these transactions are not subject to refunds. Legitimate brokers typically offer clients a wide choice of transparent payment methods, including bank transfer, credit/debit cards and established e-wallets such as PayPal, Skrill or Neteller.
Marketsinvest.com Minimum deposit
Marketsinvest.com advertises a very low minimum deposit of 1 euro. But this should not tempt you – many leading forex brokers offer Micro and Cent accounts requiring a nominal initial investment.
Marketsinvest.com Withdrawal requirements
|Trading volume||Fee/Tax on withdrawal||Minimum withdrawal|
|Marketsinvest.com||Not specified||Not specified||Not specified|
|UK regulated brokers||No||No||No|
|EU regulated brokers||No||No||No|
|AU regulated brokers||No||No||No|
|US regulated brokers||No||No||No|
Since Marketsinvest.com does not provide proper legal documentation, it is unclear what traps the fraudsters may have set. Typically, fake brokers make withdrawing money impossible through huge fees and impossible-to-fulfil traded volume conditions.