Marketprotrade.com Reviews Scam

Marketprotrade.com Reviews

4.6 Rating
41 Reviews

Marketprotrade.com Scam & Marketprotrade.com Trusted Reviews

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MarketProTrade.com Reviews - Is MarketProTrade.com Legit?

While Market Pro Trade may boast numerous clients around the world, it is an unscrupulous company that does not adhere to the rules of any government regulatory agency. The firm does not have adequate capital and does not report its financial activities to the ESMA. Furthermore, it is not clear where its funds are held. This means that it may not be a legitimate broker.

While this website provides a variety of tools and resources for traders, it has not been regulated by any authorities. There are a lot of negative reviews about the company, so it is recommended that you stick to regulated brokers. However, it is possible to make money with Market Pro Trade if you are willing to accept some risks. To avoid losing your money, you should invest with a regulated broker. Its MT4 platform can be downloaded for free.

Market Pro Trade is a broker operated by EmTechvio Pro LLC, a company based in Saint Vincent and the Grenadines. This country does not regulate forex brokers, and the local financial commission has publicly admitted that this is a reason why scams thrive in this country. This means that, although Market Pro Trade may not be a scam, it could just disappear within a few weeks. Therefore, it's best to be cautious about signing up with Market Pro Trade.

Another reason to avoid Market Pro Trade is that it requires no minimum deposit. Traders can start with a small amount - usually $5 or $10 - and only increase their deposits later. While this is a major advantage for many traders, it is not enough to convince you to invest with this company. Besides, offshore brokers are notorious for luring traders and asking for more money after the initial deposit, and this is something to be cautious of.

Another reason to avoid Market Pro Trade is because it is a Ponzi scheme. The company accepts bank cards, but you should note that the money you spend will not be refundable if you decide to withdraw. You're better off using a credit or debit card. You can also use bank wire transfers for payment. If you're using a debit card, be sure to keep this information handy.

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