The offshore broker masterexforex.com is not subject to the oversight of any reputable regulatory body in its area.
Is masterexforex.com a scam or a legit broker?
It is always important to thoroughly research any company or website before investing money or sharing personal information. This company claims to be registered in Granda but they did not provide any information on the license number or any kind of mother company. Also, Granada is popular to host most of the offshore scam companies due to their scam-friendly financial policies. Also, we did not find any kind of regulation confirmation on their website.
Why Should Not You Trust an Unlicensed Broker?
Unlicensed brokers may not be subject to the same regulatory oversight and standards as licensed brokers, which means they may not operate with the same level of professionalism and integrity. This could put your financial interests at risk if the broker is not acting in your best interests or following ethical guidelines. You may not have the same level of protection if something goes wrong when working with an unlicensed broker, as they may not be held accountable for their actions in the same way that licensed brokers are.
Can masterexforex.com Be Trusted?
No, this platform cannot be trusted. They don’t have any kind of regulations, valid contact information, and a clear trading policy.
Beware of Masterexforex scam with offshore entities. Furthermore, you should beware of Universal Bit Link and Ixoud scams.
What Do Traders Think Of masterexforex.com?
It is a good idea to read reviews and do your own due diligence to ensure that you are working with a reputable and trustworthy company. We found several negative reviews on this company on online platforms and social media.
Scammed by masterexforex.com Broker? – Talk To Our Experts
If you have been scammed by the masterexforex.com broker, submit a report to us. Our experts can help you understand your options and provide guidance on the steps you can take to try to recover your losses.
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