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Is easyMarkets legit?
Albaniah Barlow
Cyprus
2023-09-28
ANSWER Yes, easyMarkets is considered to be legitimate. It is regulated by top-tier financial authorities and operates through a few regulated entities in its established jurisdiction:1) Cyprus Securities and Exchange Commission (CySEC) under license number 079/07;2) Australian Securities and Investments Commission (ASIC) under license number 246566;3) Financial Securities Authority of Seychelles (Seychelles FSA) under license number SD056;4) Financial Services Commission of British Virgin Islands (BVI FSC) under license number SIBA/L 20/1135.On BrokersView, easyMarkets has received an excellent rating of 6.8 out of 10, based on over 41 reviews. However, like any financial service, it's always important to do your own research and consider your individual investment goals and risk tolerance before deciding to trade with a particular broker.
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Does Bull Invest charge fee when Im not trading?
Cesar Moskvin
Kiribati
2023-09-28
ANSWER If you are looking to engage with Bull Invest, we strongly suggest you drop that plan. It is an unlicensed platform warned by a financial regulatory body.Bull Invest claims to be based in the UK, but it does not have a registration with the Financial Conduct Authority (FCA). Therefore, it doesn't comply with the regulations in this country.Bull Invest also says it is regulated by the European Financial Security, but this is a fake name for a nonexistent authority. Such a lie further underscores its fraudulent nature.Moreover, the Federal Financial Supervisory Authority (BaFin) has issued a consumer warning about Bull Invest and its activities. BaFin has found out that Bull Invest is offering financial and investment services on its websites "bullinvest.in" and "bullinvest.trade" without the necessary authorization.Therefore, Bull Invest has no regulatory oversight. Investing with this broker is very dangerous, as there are no legal safeguards for the investors' funds. If anything goes wrong or it goes out of business, its clients may not be able to reclaim their funds or get compensation. To avoid such a disaster, it is better to choose a fully regulated broker instead.
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UNIQ Markets kept telling me that my password was wrong, but I'm pretty sure it was right. What should I do?
Marius Stiller
Antarctica
2023-09-28
ANSWER We strongly suggest you do not have further dealings with UNIQ Markets, a scam broker.UNIQ Markets does not reveal who runs it. This is a suspicious sign. If anything goes wrong, investors have no effective way to reach the platform.UNIQ Markets also fails to disclose its regulatory status, which is a major red flag. Legitimate brokers always show their licenses and credentials, while the absence of such information may imply a scam.Therefore, UNIQ Markets has no regulatory oversight. Investing with this broker is very dangerous, as there are no legal safeguards for the investors' funds. If any violation occurs or it goes out of business, clients may be unable to recover ther funds or get compensation from any financial body. To avoid such a disaster, it is advisable to opt for a fully regulated broker instead.
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What is Investor First Trade GMT offset?
Monthipa Huang
Italy
2023-09-28
ANSWER Since Investor First Trade is an unauthorized firm on the blacklist of a financial regulatory body, we strongly suggest you avoid it.Investor First Trade pretends to be registered with the Financial Conduct Authority (FCA) under FRN 01875832. But this is not a license number in the FCA database. It is actually a company number from the Companies House (CH) that belongs to Investor First Limited. This is a real firm that was authorized by the FCA before, but the Investor First Trade at investorfirst.trade is an impostor of it. In other words, Investor First Trade is a fraudulent platform that uses the information of a genuine firm to look legit. To warn the public about the scam, the FCA has issued a warning against Investor First Trade.The bottom line is that Investor First Trade has no regulatory oversight. Investing with this broker is very dangerous, as there are no legal safeguards for the investors' funds. To protect their interests, investors are advised to choose a fully regulated broker instead.
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I can't trade! What's going on with Finance Maxwell?
Tomoko Farkouh
Cambodia
2023-09-28
ANSWER Since there is no regulatory oversight to ensure regulatory compliance, Finance Maxwell, to take advantage of investors, may conduct unethical practices like blocking your account for no reason or stopping you from accessing your funds. That's why you suddenly cannot trade on the platform. We strongly suggest you have no further dealings with them.According to the website of Finance Maxwell, it claims to be regulated by the Financial Conduct Authority (FCA) under FRN 782133. However, this FRN belongs to a company named JP Maxwell Financial Management Ltd that seems to have no association with Finance Maxwell. Finance Maxwell copies details of an FCA-authorized firm to deceive investors.Therefore, don't fall for Finance Maxwell's false promises and stay away from this unlicensed broker. Finance Maxwell is not supervised by any legitimate authority. It is a risky and untrustworthy platform that could scam you out of your money. You have no legal protection or recourse if you invest with Finance Maxwell. To minimize the risks of fraud and identity theft, it is advisable to choose a fully regulated broker instead.
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Is fidency.net a scam?
Diogo
Canada
2023-09-28
ANSWER Yes, fidency.net is a scam and you should avoid it.Fidency.net presents itself as a Swiss-based financial company, a claim that exists only within its website. The Swiss Financial Market Supervisory Authority (FINMA), which regulates the financial sector in Switzerland, has no record of fidency.net as a registered entity. In fact, FINMA has issued a public warning against fidency.net, stating that it is not commercially registered in accordance with regulations.Fidency.net is not supervised by any legitimate authority. It is a risky and untrustworthy platform that could scam you out of your money. You have no legal protection or recourse if you invest with fidency.net. Therefore, don't fall for fidency.net's false promises. It is a scam that should be avoided at all costs. To minimize the risks of fraud and identity theft, it is advisable to choose a fully regulated broker instead.
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How to deposit money in RoboForex?
Diophantus Koh
Egypt
2023-09-27
ANSWER Depositing money into your RoboForex account involves the following steps:1. Go to the "Deposit Funds" page.2. Choose the account to deposit funds to from the dropdown list.3. Choose the payment system. RoboForex supports a variety of payment methods including bank payments, electronic payments, bank cards, and QR & Vouchers.4. Decide whether you want to deposit funds and receive the bonus funds or not and choose the percentage.5. Specify the amount and the currency.6. Click "Deposit funds".RoboForex provides instructions in its FAQ section, and we attached the screenshot to this answer to help you locate this information. On the same page, they offers a video for you to follow and you can watch it to understand the steps more intuitively.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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