Is Market Investment a scam or a legit broker?

We advise our readers, do not use GrandCapital as it is an offshore entity. GrandCapital is owned by GrandCapital Ltd., which is an offshore company registered in St. Vincent and the Grenadine.

St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations. Due to the setup cost is low and it does not regulate forex trading. Therefore, it became an offshore zone for shady forex brokers such as Brokerz, TraderUR and more. You can read our detailed article about the risk of trading with brokers from St. Vincent and the Grenadines.

About Market Investment
🗺️ Registered inSt. Vincent and the Grenadines
🗺️ Type of LicenseOffshore License
🛡️ Is Market Investment safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

Market Investment Associates Ltd that offers its forex brokerage services through the brand name Market Investment claims its ECN Forex solution to trade Forex instruments and CFDs for individual and corporate clients. The company states its office in the UK, yet is not registered as it should be for a firm located in the UK by the local authority FCA. Instead, the broker mention that takes client’s security as paramount and operates within the legal regulatory requirements worldwide through its registration with Financial Service Authority (FSA) in Saint Vincent and the Grenadines with registration number 22770. However, the SVG FSA regulation is far away from the international standards, since by fact is the most liberal authority, which is considered to be an offshore-licenser that does not comply and follow strictest compliance to run the Forex business or brokerages.

Market Investment Review

Conclusion

Generally, we do not advise to engage and trade with offshore brokers, since there are many questions appearing on how exactly the broker delivers its service. And, unfortunately, the offshore regulator is not the authority that will check constantly the company compliance and reliability. Taking into consideration the fact, that the Market Investment broker located in the UK but didn’t follow the criteria to be licensed by FCA, we obviously became suspicious about its offered trading environment. In addition, there were cases from the traders that claimed issue with the brokerage since couldn’t withdraw the funds and got nothing but silence as a reply.

Therefore, we would not advise to trade with Market Investment and recommend to choose between well-regulated brokers that provide a decent financial service with the money and client protection.

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