Trade Market Limited Review (trademarketlimited.com Scam) 1 (1)

Trade Market Limited Review: A Closer Look at the Controversial Broker

In the world of online trading, there are numerous brokers vying for attention, each claiming to offer the best services and returns. However, not all of them are created equal, and some may be nothing more than scams. Trade Market Limited, also known as trademarketlimited.com, is one such broker that has raised concerns among traders. In this review, we will delve into the details of this broker and explore whether it is a legitimate option or a scam.

First impressions are important, and Trade Market Limited’s website appears to be well-designed and professional. The broker claims to offer a range of financial instruments, including forex, stocks, commodities, and indices, with competitive spreads and leverage. However, upon closer inspection, several red flags emerge.

One of the most significant concerns is the lack of transparency regarding the broker’s regulatory status. Trade Market Limited claims to be regulated by the Vanuatu Financial Services Commission (VFSC), but a quick search reveals that the VFSC has no record of the broker. This raises serious questions about the broker’s legitimacy and the safety of client funds.

Another issue is the broker’s trading conditions. Trade Market Limited offers a maximum leverage of 1:500, which is significantly higher than the industry average. While high leverage can be attractive to traders, it also increases the risk of significant losses. Furthermore, the broker’s spreads are not clearly disclosed, which is a major concern for traders who rely on tight spreads to make a profit.

The broker’s customer support is also lacking. The website provides a contact form and a phone number, but there is no live chat or email address listed. This makes it difficult for traders to get in touch with the broker or resolve any issues that may arise.

In addition to these concerns, there are several negative reviews and complaints about Trade Market Limited online. Traders have reported difficulties in withdrawing their funds, as well as unresponsive customer support. These issues have led many to conclude that the broker is a scam.

In conclusion, Trade Market Limited appears to be a risky and potentially fraudulent broker. The lack of transparency regarding its regulatory status, high leverage, and unclear trading conditions all raise serious concerns. Furthermore, the broker’s poor customer support and numerous negative reviews and complaints suggest that it may not be a trustworthy option for traders. As a result, we strongly advise against using Trade Market Limited and recommend exploring other, more reputable brokers instead.