EuropeMarket claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
According to its website, the broker is located in Sweden. As per information we have, however, there it no forex regulator in Sweden. So it is impossible that the broker is regulated in the country.
Moreover, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that EuropeMarket was not authorised to provide the investment services in Spain.
The truth is that EuropeMarket is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
EuropeMarket claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. According to its website, the broker is located in Sweden. As per information we have, however, there it no forex regulator in Sweden. So it is impossible that the broker is regulated in the country. Moreover, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that EuropeMarket was not authorised to provide the investment services in Spain. The truth is that EuropeMarket is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.