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Should I trade with MarkersFin?
Tam Nguyen
Spain
2023-05-24
ANSWER MarkersFin is an unregulated broker we advise against trading with despite the seemingly attractive deals it offers.MarkersFin fails to disclose its regulatory information and licensing data, a clear scam indicator. It is typical for legitimate brokers to display their accreditation and licenses prominently, whereas MarkersFin doesn't provide such information. Given its claim to be located in the US, we searched for MarkersFin in the registry of National Futures Association (NFA) but found no data supporting its legitimacy in futures and derivatives markets. In addition, the Italian Companies and Exchange Commission (CONSOB), in a warning against this broker, has ordered its website to be blacked out since it offers financial services illegally.Regarding your quesition, our advice is not to trade with MarkersFin as there are no rules to protect your funds in its system. You may suffer financial losses and identity theft. Therefore, we strongly suggest investors stay away from unlicensed brokers like MarkersFin and choose fully regulated ones instead.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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