Is Essencefxmarket company legit?

By Anonymous, from United States, April 30, 2022 at 10:19 PM

Looking to see if this brokeage company is legitimate.

Answer: Hi Anonymous,

Essencefxmarket does not look like a legit company. They do not provide any info about broker’s regulation, which is actually the main information you should be looking before investing with a Forex broker. We found that the broker claims to be located in the US, however, again, it is not backed up with any details if it is legal and authorized in the US. The terms and conditions are quite limited and unclear and state “EU jurisdiction” that oversees the company, but does not state which jurisdiction exactly.¬†Therefore, we can conclude that Essencefxmarket cannot be trusted and is not regulated nor reliable to deal with.

If you are looking for a regulated US broker, please, check our list of the Forex Brokers in USA.

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