Marketsplus Review

Is MarketPlus Scam or Legit Broker?

MarketPlus is not a safe broker to invest in.  The main concern is that the company does not hold any license to deliver its trading service either to local or world traders, and is not authorized by any EU regulator. Despite the fact, that any EU financial service company should obtain its legal license that protects clients and maintain the strictest standards, MarketPlus skipped that step.

What is MarketPlus?

MarketPlus is a Forex and CFD broker and trading provider, which operates by Affinity Group Ltd based in Bulgaria.

Typically, unregulated companies use strong marketing programs to onboard new clients, while misleading about their legal side of the operation and attracting high potential incomes. However, retail investors should look carefully at the website and the broker’s offering, as well as check out the firm reputation at least by reading reviews.

• Besides, the industry authorities make serious steps to issue warnings against unregulated companies and protect clients.
• Even though Marketplus didn’t receive an official warning from the world industry it might be coming soon. Also, there are already some negative reviews and claims from the traders that faced serious fraud of the customer rights, while the trades were manipulated and withdrawals were canceled.

MarketPlus Review Conclusion

In conclusion, we would recommend avoiding Marketplus and investing in a more trustworthy company with tight regulation, since the trading itself is a risky investment and it is very important to choose a reliable company. There are many well-regulated companies across Europe, which comply with the necessary customer protection rules and operate financial investments with the applicable safety.  Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as HYCM and AvaTrade.

MarketPlus Update

We found the MarketPlus website inactive and unavailable to reach. This means the broker no longer operates. However, it is best to avoid and stay alert if any proposals come.