Markets.com: Is This Forex Broker Legit or a Scam?

In today's diversified financial market,Lianzhun Forex choosing a reliable forex broker is crucial for traders. As a well-known online trading platform, Markets.com has attracted the attention of many investors. To help traders make an informed decision, we will evaluate Markets.com from multiple dimensions, including its regulatory status, service quality, trading conditions, and customer feedback, to gain a comprehensive understanding of whether this broker operates legally and whether the services it provides can meet the needs of traders at different levels. Through this evaluation, we hope to provide valuable reference information for those considering using Markets.com as their trading partner.

FTI's top 100 forex platforms offer a reference point for selection. If a platform is not within the top 100, special attention should be paid to the relationship between the main brand and white-label partners, as well as any risk warnings.

According to FTI, the platform known as Markets.com was established in 1994, ranking globally at 225th, with a safety score of 70 points. It is currently regulated by three countries, and there are 111 risk scanning alerts associated with it.

Markets.com is a broker that offers trading services for forex, CFDs, and other financial products. Historically, the company claims to be regulated by the Australian Securities and Investments Commission (ASIC) and holds the relevant financial services license, which typically means it must adhere to certain financial and operational standards.

However, for any financial service provider, investors should conduct due diligence to confirm the current legality and credibility. Here are some general steps to verify a broker's legitimacy:

1. **Regulatory Status**: Check if the broker is still effectively regulated by the relevant financial authorities. For example, you can visit the ASIC official website to check if the company's AFSL number is valid.

2. **Customer Feedback**: Look up reviews and feedback from clients to understand the experiences of other traders with the broker.

3. **Transparency**: Review the information provided on the broker's website, including fee structures, account types, trading platforms, and customer service. A trustworthy broker will provide clear information.

4. **Independent Assessment**: Refer to ratings and reports from third-party assessment agencies or financial review websites.

5. **Official Warnings**: Check for any warnings or disciplinary records issued by regulatory bodies.

6. **Funds Security**: Ensure that the broker adheres to proper client funds segregation rules and has insurance or other protective measures in place to safeguard client funds.

If Markets.com has been sold by Playtech to another entity, further verification of the new owner and the current regulatory status would be necessary. Before making investment decisions, please complete these basic investigation steps. If you have questions about a specific broker, it's also advisable to consult professional legal or financial advisors.

**FTI's Comprehensive Review:** Considering the establishment time, regulation, and the relationship between the main brand and white-label partners, Markets.com appears to be a decent choice. However, if you are a Chinese investor and someone strongly recommends the Markets.com platform, be very cautious. Industry insiders know that as early as 2018, Markets.com announced it would no longer provide forex trading services to Chinese residents, nor support opening accounts or deposits. Up until now, Markets.com has exited the Chinese market for several years; however, during this period, there have been continuous imitations of Markets.com. Please be discerning and do not easily believe others' words. Invest prudently!

The financial markets vary in quality, and all investments carry risks. We must thoroughly investigate the platforms before forextrustindex. To avoid scams and fraud, first, go to FTI.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!