✔️ Information reviewed and updated in September 2024 by Pedro Martínez González
In this section we will tell you if we consider that the company MarginsTrade is a safe company or an untrustworthy company. Read our full analysis to find out everything!
We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...
Below we will show you essential information about MarginsTrade and we will tell you why we came to such a conclusion:
Basic Information
| 🌐 Website | marginstrade.com |
| 🏠 Company* | It doesn't mention which company it belongs to. |
| ️ Regulatory | Does not mention being regulated |
| [email protected] | |
| 📈 Continental | Own platform |
| 📌 Address | Does not mention actual location |
| 🕑 Website age | Website registered on: 2024-01-29 |
| ❓ Company type | Forex, indices, cryptocurrencies, stocks and raw materials broker |
Company: ⚠️ MarginsTrade does not disclose which entity it belongs to, which is worrying. There is an evident lack of transparency.
Location: ⚠️ MarginsTrade does not mention where it is located, trusting a company that does not mention where it is located is very dangerous, please be careful.
We can already tell you that we are concerned about several characteristics of this company.
What is MarginsTrade?
After having carried out an analysis of the company's website, we can say that MarginsTrade is a: forex, indices, cryptocurrencies, stocks and raw materials broker.
Account types
| types of accounts | MINIMUM INITIAL DEPOSIT |
|---|---|
| STANDARD | $5000 |
| SILVER | $25000 |
| GOLD | $50000 |
| VIP | $100000 |
Information on the web
Here we show you a screenshot of the MarginsTrade website, which is marginstrade.com. The capture was made in May 2024.
Contact: phone numbers and email
After having performed an analysis of the website:
– We have found the following phone number: Does not offer a phone number
– We have found the following email: [email protected]
*MarginsTrade Regulation
We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:
The broker presents us with a very worrying situation, since it mentions absolutely nothing about its regulation. This leads us to think that it is an unregulated broker. What does this imply? It means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!
🚫 MarginsTrade final valuation 🚫
As you can see, we have carried out a detailed and complete analysis of the most important characteristics of MarginsTrade and we have reached the following conclusions about this company:
Location: It is not mentioned where it is located.
Regulatory: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.
Please remember that the company has been reported by different financial regulators (in this case the BaFin, Federal Superintendency of Financial Supervision). Use EXTREME CAUTION.
This company does not mention which company it is part of, please be careful, there is a clear lack of seriousness and transparency.
MarginsTrade presents itself as a broker that offers a wide range of financial services, from forex and indices to cryptocurrencies and commodities. However, the lack of specification regarding its location and the absence of information on its regulation are reasons for concern. This lack of transparency and seriousness raises questions about the legitimacy and security of this company. Furthermore, complaints from financial regulators, such as BaFin (Federal Superintendency of Financial Supervision), underscore the need to exercise extreme caution when considering any type of business relationship with MarginsTrade.
The opacity around the location and regulation of MarginsTrade, along with the lack of disclosure about its parent entity, raises serious questions about the credibility and trustworthiness of this company. Investors should be especially cautious when dealing with financial entities that do not provide clear and transparent information about their operation and regulation.
🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. It is essential to conduct thorough research and consult with experts before committing to MarginsTrade or any other similar entity. 🚨🚨
Updates
MarginsTrade News:
| Date | Update – news |
|---|---|
| May 2024 | Complaint against MarginsTrade financial regulator BaFin, Federal Superintendency of Financial Supervision |
We note that the company already has complaints from financial regulators. Please be very careful!
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with MarginsTrade.
At the end of the review you will find customer comments.
How to Claim Money Scammed by MarginsTrade
If you need to know how to claim your capital if you have been scammed, you can find our advice below in the FAQ section.
How to Report MarginsTrade
To report MarginsTrade if you feel dissatisfied with the service provided by the company, and for any reason you wish to do so, you can also check the best way to do so in the FAQ section below.in the FAQ section you can find the best way to report this company.
FAQs
Are there (recommended) alternatives to MarginsTrade?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
How can I report MarginsTrade?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is MarginsTrade reliable?
No. MarginsTrade is not reliable, it is a very unsafe company: the broker does not mention many relevant data. We do not know where it is located, what company it comes from or if it is regulated.
How to recover money from MarginsTrade?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
This company will not let you withdraw. I don't get paid yet, don't do it, you'll thank me later. Greetings.
Hi Dylan, thanks for writing about MarginsTrade. Currently, this broker is considered a SCAM.
If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.
If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.
To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.
If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY
Greetings.