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How is the regulation and safety of the Markets.com platform?
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IntroductionMany newcomers to the foreign exchange market report difficulties finding a trustworthy platform, of ...
Many newcomers to the foreign exchange market report difficulties finding a trustworthy platform,Forex dealer with the lowest transaction fee often encountering scenarios where profits cannot be withdrawn or being defrauded by unscrupulous platforms that abscond with funds, making the path of foreign exchange investment a rocky one. Platforms ranked within the top 100 by FTI can serve as a reference for selection; however, if a platform falls outside this tier, special attention should be paid to its primary/white-label relationships and risk warnings.
Today, an investor inquired about Markets.com, seeking to understand whether the platform's regulatory oversight ensures security and if investors' funds are adequately protected.
According to FTI's search results, Markets.com, established in 1994, ranks 225th globally with a safety score of 70. It is currently regulated by three countries and has 111 risk alerts identified through a scan.
The regulatory status of Markets.com can be summarized as follows:
1. Markets.com is regulated by the Australian Securities and Investments Commission (ASIC) and adheres strictly to all ASIC regulatory requirements, indicating a secure and dependable regulatory environment.
2. The platform implements a segregation system for client funds and operational funds to ensure the safety of client assets.
3. Based on user feedback, Markets.com is regarded as a safe and reliable foreign exchange trading platform.
4. Stringent regulatory measures are also in place regarding financial reporting and client asset management.
In light of this information, it can be concluded that Markets.com operates within a secure and reliable regulatory framework, with other aspects of the platform meriting further consideration.
Haito Rankings Comprehensive Review: Considering its establishment date, regulation, and main/white label information, Markets.com appears favorable. However, for Chinese investors, caution is advised if Markets.com is strongly recommended. Industry insiders are aware that since 2018, Markets.com has announced it no longer provides forex trading services to Chinese residents nor supports account openings and fund deposits. Markets.com has been out of the Chinese market for several years now, yet during this time, imposters posing as Markets.com have persisted. Be vigilant in distinguishing legitimate entities, refrain from easily believing others' claims, and invest prudently!
The financial market is a mixed bag with inherent investment risks. Prior to forextrustindex, thoroughly investigate the platform to avoid scams. Begin with FTI for protection.
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