MarketsEU Review: MarketsEU.com an Offshore Unregulated Broker

The financial market is diverse, with many companies providing different services. Trading in financial markets on margin is highly speculative and carries a high level of risk. MarketsEU is a company that offers forex trade brokerage services.

Interestingly, MarketsEU promises instant rewards for those trading under their platform. The company boasts of a large customer base that proliferates day by day. They claim to owe this to their quality in offering services. The question is, are they authentic?

Investors should do enough research before investing in a company. There are far too many forex brokers in the market. Sadly, most of them are scammers only after people’s hard-earned cash.

Luckily, there are also many legitimate forex brokers in the market. They have been in the market for a long time. Additionally, they provide exceptional results, are transparent and honest in their operations. Only such companies can provide you with financial services without compromising your peace of mind.

MarketsEU Review

On Marketseu.com, investors can trade different types of assets under one roof. This is a desirable option as investors can spread risks across many platforms. This increases the chance of making a profitable trade.

Some of the assets traded here include cryptocurrencies, currency pairs, commodities, and gold. Additionally, investors can trade various stocks. Here, traders can work using the MetaTrader 4 platform. This is one of the most popular trading platforms among experienced traders.

Further, the company offers tools such as auto trading, a financial calendar, and VPS. MarketsEU also provides technical analysis indicators for traders. This can be very helpful to traders. However, we cannot recommend such services. This is because we do not know who is behind technical analysis. We have no idea what trading experience these people have in the market.

A reliable customer support structure is essential. It ensures customers can reach the company in case of inquiries and other problems. MarketsEU does not provide a live chat option for its clients. This is very unreliable for a company that claims to offer smooth and fast services to its clients. Even worse, the company does not provide us with its phone number.

The only option given is an email address. You can reach MarketsEU via the email support@marketseu.com.

From the above information, we can conclude that the company does not care about customer support. There is no guarantee that they will answer your emails. Additionally, MarketsEU does not want any suggestions from its customers.

Account Types

There are five main account types which investors can use under this platform. These include the Basic, Silver, Gold, VIP, and Diamond accounts. These account types vary depending on the investment a client makes.

The first one is the Basic account. This accepts a deposit of between 250 to 10,000 dollars. The leverage is 1:10 with a bonus of 50%. Clients receive a primary account manager to assist them in their operations.

The second is the Silver account. The minimum deposit is between 10,000 to 25,000 dollars. This account comes with a leverage of 1:20. A bonus of 75% is guaranteed.  Additionally, clients get a senior account manager to assist them in their operations.

The third account is the Gold account. The minimum deposit is between 25,000 to 50,000 dollars. The leverage is up to 1:30 for this account type. Clients receive an executive account manager to assist them in trading. Additionally, there is a 100% bonus on the first deposit a client makes.

The fourth account is the VIP account with a leverage of 1:40. The bonus is 150%. Additionally, clients receive a dedicated VIP account manager.

The Fifth account is the Diamond account with a leverage of 1:40. Clients get a BDG account manager to assist them in their operations. Additionally, clients get a 150% bonus for their first deposit.

MarketsEU Founders and Physical Location.

Knowing the physical location and the founders of a company is very important. You should only invest in companies that reveal their location. Additionally, ensure you invest in companies run by people with verifiable identities.

Unfortunately, MarketsEU does not introduce us to its founders or team members. Being secretive is a common characteristic of scammers. They never reveal those behind the company. They do this to avoid facing the law in case of a legal problem.

In terms of physical location, MarketsEU operates from the Marshall Islands. Unfortunately, this is no good news. This is an offshore country known for its lax laws. Anyone can register a company in this country without setting a foot there. Consequently, this jurisdiction is a hotbed for scammers and fraudsters.

For your peace of mind, only invest in companies that operate in countries with reliable regulations. Only such companies can assure you of your funds’ safety.

Regulation and Fund Safety

Always ensure you invest with well-regulated companies. Regulatory bodies always ensure that companies are running their operations under legal grounds. Unfortunately, MarketsEU is not a regulated entity. There is no reliable forex regulator in the Marshall Islands.

Hence, it is easy for the company to run illegal operations. In case of a problem, these people will not take liability for their actions. Remember that this company is an unregulated offshore entity. Hence, it cannot assure you of your funds’ safety.

Additionally, there is no evidence of an SSL certificate. This means that the systems have no protection from hackers. Therefore, hackers can easily access your account and steal all your money. Additionally, they can steal your personally identifiable data. Stay away from this company at all costs.

MarketsEU Domain Insight

The official domain for this company is marketseu.com. There are no site metrics for this company on Alexa.com. This is even worse than a lower rank. The above information shows that the site is rarely accessed or viewed by clients. This indicates that the company is unreliable, and no one trusts it. Do not be the first one.

MarketsEU claims to have been in the market for a very long time. However, according to Whois records, it got registered in April of 2020. This shows that the company is willing to lie to attract customers.

Moreover, this company only takes out one-year registrations for their domain. This means they have no intention of serving clients for a long time. Please stay away from such companies as they are more likely to be scammers.

Final Verdict

This company has too many red flags. We hope by now you see that this is not a company to invest in. First of all, it operates from a jurisdiction that is shady. The Marshall Islands has no reliable forex regulator.

Additionally, the founders are unknown. Do not work with mysterious people on the Internet. Only illegitimate companies see the need for hiding the identities of the team members. Further, the customer support is terrible. Under such conditions, it is harder to make any returns than it is to get scammed.

Thankfully, there are many legitimate forex brokers in the market. Such companies have been there for a long time and have a proven track record. Additionally, they operate under proper regulations. Further, they have excellent customer support and operate with full transparency.

 

Tags: MarketsEU Review, MarketsEU.com Scam Review