Broker of the Month
Markets.com is owned and operated by SafeCap Invesments Limited, which is a firm headquartered in Cyprus, and regulated by the Cypriot body CySec, along with the UK's FSA.
Markets.com offers more account options than what is generally available in a typical forex broker. The minimum initial deposit requirement is $100 and that includes a welcome bonus of $50, subject to the usual terms and conditions of a mini account for which the ceiling is $2,499.
Markets.com offers an excellent support service with employees responding to calls 24 hours a day during the week in multiple languages. With over 25 local phone numbers from different countries, various email addresses to different departments and a live chat makes contacting Markets.com relatively simple in comparison to the market standard.
FAQ: People are Asking
- How can I protect myself from fraud?
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- Disciplined Firms
Read about which forex brokers to avoid. Add your comments about brokers you suspect for fraud.
Read about Bernard Madoff’s spectacular unbelievable $12-20 billion Ponzi scam. One of the biggest frauds ever. He was sentenced to 150 years in prison.
A complete guide on how to choose a forex broker. This in-depth article lists all the things you should know to help find a reliable broker. Avoid scams and don't pay too much!
High yield investment programs or HYIP is when the con artist and his affiliates defraud investors through promises of return on investment as high as 80 percent per day.
Forex has caused large losses to many inexperienced and undisciplined traders over the years. You need not be one of the losers. Here are twenty forex trading tips that you can use to avoid disasters and maximize your potential in the currency exchange market.
We get a lot of questions on how to get started in the field of forex trading so we decided to publish this short course for those just getting started that want to learn how to trade forex. Start the course
Further Information on Forex Scams & Frauds
Forex fraud is a growing problem. It can be found everywhere from boiler room scam artist's, to some guy you met at the coffee shop the other day, even past trusted brokers and executives have been involved in forex scams. The most common victims are the one's who think it will never happen to them. Though there is no guaranteed way to avoid forex fraud, it is possible to trade, minimize the chance of becoming a victim of a forex scam, and prosper in the market providing you remain diligent and alert in every decision you make. Don't let your hard earned dollars become an easy profit for some forex scam artist, make sure any person you choose to do business with is duly regulated in the country they operate from.
- The Internet May Facilitate Forex Fraud, but the CFTC Will Still Catch You
- David A. Smith’s Forex Fraud Fame - Has Been Sentenced to 30 Years
- The Cyber Market Group Forex Fraud Case
- Fraud Update: The CFTC Continues to Arrest Forex Crooks with Impunity
- Financial Regulation in the European Union to Help Prevent Forex Fraud