8888Markets Review
Reason to avoid: No license
Listed Date: August 30, 2018
Reason to avoid: No license
Listed Date: August 30, 2018
🗺️ Registered in | No Registration |
🗺️ Type of License | No License |
🛡️ Is 8888Markets safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | GO Markets - licensed by ASIC in Australia |
no, 8888Markets broker is Non-Regulated Broker. It is NOT SAFE to trade.while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.
8888Markets is an unregulated Forex and CFD broker that claims to be located in Dublin, Ireland. Although, the company is not licensed to offer its financial services in Ireland they have been targeting Irish residents. Moreover, Central Bank of Ireland has issued a warning against 8888Markets.
We don’t recommend to trade with 8888Markets or any other unregulated financial entities as they are not bound by any financial or ethical rules.
It is better to choose among the brokers who are regulated by the reputable regulators such as FCA in the United Kingdom or CySEC in Cyprus. Check the CySEC-regulated brokers here.
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