Infinitymarkets.co is a platform that claims to provide online trading services for forex, stocks, commodities, and cryptocurrencies. However, concerns have been raised about the platform’s legitimacy, with some traders alleging that they have been scammed. This article seeks to review Infinitymarkets.co and assess whether it is a legitimate platform or a scam.
Is Infinitymarkets.co a Licensed Broker?
Unfortunately, Infinitymarkets.co does not appear to be a licensed broker. From their website, we come to know that they are operating under Ace Capital Ltd., registered in Marshall Island, the haven of scammers. We all know that registering in this country does not require many documents and regulations.
Why Should Not You Trust An Unlicensed Broker?
Unlicensed brokers are not subject to regulatory oversight, and they do not have to comply with strict regulations to protect traders. This means that traders who deal with unlicensed brokers may be at a higher risk of losing their money or falling victim to fraudulent activities.
Can Infinitymarkets.co Be Trusted?
The fact that Infinitymarkets is not a licensed broker is a cause for concern. However, it is worth noting that not all unlicensed brokers are scams. Some unlicensed brokers may still provide legitimate services. Nevertheless, traders should exercise caution and thoroughly research any unlicensed broker before investing their money.
What Do Traders Think About Infinitymarkets.co?
Several reports from traders have alleged that they have been scammed by Infinitymarkets.co. These reports include instances of traders being unable to withdraw their funds or having their accounts blocked without explanation. Such reports are a red flag, and traders should take them seriously when considering using Infinitymarkets.co.
Scammed by Infinitymarkets.co?- Talk to Our Experts.
If you believe you have been scammed by Infinitymarkets.co, it is important to seek expert advice. We can provide a free consultation and service recommendation to help you recover your lost fund. Don’t hesitate to contact us for help.
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