10Markets is an offshore Forex brokerage entity. It trades in many different kinds of financial assets such as Forex currency pairs, indices, stocks, commodities, futures, EFTs, and Spread Betting.
Is 10Markets Regulated?
10Markets is supposedly based in the United Kingdom and was founded in the year 2014. It asks for a minimum deposit of USD 20,000 to commence trading operations for VIP traders. The company facilitates trade via its MetaTrader4 (MT4) trading platform. We found in our research that the company is not regulated by any legitimate financial authorities.
How Safe Is It To Trade With 10Markets?
10Markets has been flagged as a scam by many associations. The company has also been rated negatively by many of its users. Hence, it is recommended not to engage in any kind of trade activity with the company.
What if You Have Been Duped by 10Markets?
We provide expert consultation services to prevent yourself from falling prey to any fraudulent activity and also on what to do next in case you get scammed. You can also avail of the services of funds recovery companies listed with us to recover your money from 10Markets.