In this section we will analyze the Financial Market broker (also called sfx247.com), is a Forex, Cryptocurrency, ETF and CFD broker. Is Financial Market really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You might be wondering why we did a review on Financial Market. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being a part of: they don't mention it.
As to its location, the broker mentions having base in: they do not mention it.
If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.
If now we go on to analyze account types offered by Financial Market, we note that it offers 3 different types of account / plans: Monthly Plan, Quarterly Plan and Semester Plan. We leave an image with a little information about each type of account.
Monthly Plan: 12-month contract. 8,3% monthly withdrawable gain.
Quarterly Plan: 12-month contract. 37,5% gain every 3 withdrawable months.
Semester Plan: 12-month contract. 100% gain every 6 withdrawable months.
In the following image you can have more information about the types of account. Click here to see the image in full size.
Las platforms to operate that Financial Market offers are: they do not mention it, we believe that the Financial Market's own platform is used.
We will now analyze the different resources and aids for traders that Financial Market provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
Financial Market does not provide too many help or resources to traders or stakeholders.
| Other information about Financial market |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: does not have.
Email: does not have.
>>> Assessment on Financial market <<
Ending with this section, in our opinion Do we believe that the Financial Market company is reliable? Should you invest your money with the company?
The truth is that, we recommend to be careful with this broker, because: it is an unregulated broker, it is not known where its base is or to which company it belongs, when looking for reviews on Financial Market we did not find any other review, we believe that it is from a new broker, with no track record. We suggest using caution.
⛔ Attention ⛔ : in November 2020 CNMV added Financial market to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the ⚠️ November 2020 CNMV warning
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.