Austrian FMA warns against brokerage firm MarketsSoft

0 293

Austrian FMA warns against brokerage firm MarketsSoft

Read also

The Austrian Financial Market Authority (FMA) has blacklisted the unregulated forex broker MarketsSoft. The regulator suspects the company of fraud.

MarketsSoft brokerage is owned by Horizont Ltd, a company registered in Saint Vincent as an international business and provides clients with the MetaTrader 4 trading platform without a demo account.

We further stress that the Company is blacklisted by the Financial Conduct Authority in the United Kingdom. And when multiple regulatory agencies issue regulatory warnings for different brands or brand names of the same company, it almost certainly means that they are participating in an international scam and are deliberately publishing new websites to avoid exposure.

The FMA always advises traders to only do business with legitimate companies that hold the appropriate licenses. Traders can also check the regulatory status of a particular company by entering the Authority's electronic record and writing the name of the company. Another good idea is to simply Google the name of the company and read reviews from previous clients of the broker, as well as the ratings of professional forex bloggers. has no relation whatsoever with Metaquote and we have no responsibility regarding their products offered by our Sponsors.

Seize the chance to earn real money instantly!
Take 4 simple steps along the path to success and financial independence
Open a trading account
Beginner traders can start their career in forex Practice on a demo account
Download - Powerful, reliable and proven trading platform
System requirements: Windows 7 and later versions
platform for Android
System requirements: Android 4.0 and above, 3G/WiFi
platform Ctrade for iOS
System requirements: iOS 4.0 or later, 3G/Wifi
Deposit to your trading account through any convenient payment system
Great bonuses guarantee your confident start in trading
Bonuses are added ranging in size From 20% to 50% to your account every time you make a deposit
Related topics
Inline Feedbacks
View all comments