Is Cooper Markets Limited safe to do Forex Trading with them? https://web.coopermarkets.com
By Kerrian, from Malaysia,
September 16, 2020 at 01:13 AM
Hi Support Team, Can u check whether Cooper Markets Limited is A legal broker house? It registered in St. Vincent & The Grenadines. Thank you very much. Regards, Kerrian
Answer: Hi Kerrian,
Cooper Markets is an offshore broker, registered in St Vincent & Grenadines. St Vincent & Grenadines doesn’t have the regulation of Forex activity under its jurisdiction. You can read our detailed article on why brokers from St Vincent & Grenadines should be avoided. Also, Caribbean islands registrations have nothing to do with proper financial regulations.
We advise our readers to avoid unregulated offshore entities as they cannot provide the needed funds safety.
You can check the list of the well-regulated brokers and choose the one that fits your needs.
dear sir
im janice, im very new in the forex industry. how we know that our money invest in the broker house is really gone to liquiduty provider?