Markets Broker Review
Reason to avoid: No License. Offshore Broker.
Listed Date: September 26, 2018
Top 3 Regulated Forex Brokers
- Company name:
Safe Trade Ltd. Master Broker
- Registration Address/ License:
Vanuatu. No License.
Master Broker is a trading name owned and operated by Safe Trade Ltd, a company with its registered offices in Vanuatu. The broker offers advanced trading conditions, with a wide offering to world traders and including a vast of trading instruments and allowed styles. However, behind the company location stands an offshore zone, which offers plenty of tax benefits for the incorporated companies, therefore many of forex brokerages that for some reasons decided to skip serious registration and perform services from an offshore location. It does not mean that surely, the company will be 100% a scam or fraud, however, there is a significant risk while trading with non-licensed broker, due to the nature of the financial trading itself.
Therefore, we strongly advise to incorporate and invest only with regulated brokers that comply with international standards of service performance, proved their reliability and sustainability, as well as constantly overseen by the specified authority. Customers are always protected by the compliance to the licensing alike ASIC (Australia) or other authorities, thus customers can trade with a clear state of mind in case of the company insolvency.
Since, Markets Broker establishes its office it Vanuatu, which requires only 2,000$ initial capital to start a business, the compliance, reliability and trust in such an investment occur its logical answer. Moreover, Markets Broker claims to protect clients by the strictest regulatory measures and tighter security, which is not a fact at all. Also, there was a statement on their website about the company ownership which allegedly registered in the UK, which was also a fault information. So, the conclusion reaches its state, we would recommend choosing another broker for the successful trading and further development of the activity, rather than involving yourself in a potential high risk.