is Marketrip regulated?

By Marketrip, from South Africa, February 21, 2020 at 05:21 PM

Hi I would like to confirm if my broker Marketrip is regulated by you.

Answer: Hi Marketrip,

Marketrip is incorporated in the Saint Vincent and The Grenadines. We recommend traders to avoid offshore companies such as Marketrip, as they are not supervised by any authorities and there is no guarantee of the segregation of accounts. You can read our detailed article about the risk of trading with brokers from St. Vincent and the Grenadines.

We always advise traders to avoid dealing with offshore forex brokers, as they may be involved in investment scams. There are a number of properly Regulated Brokers to choose from on our website.

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