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mbl markets

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When did Mbl Markets was found? How's the trading environment?
George Banwill
Tanzania
2023-07-24
ANSWER Mbl Markets is a scam broker whose words are not worthy of trust. Its claim that it was founded in 2006 is false, as we have discovered that its domain (mblmarkets13.com) was first registered in July 2023. As such, concerning your inquiry, it is likely that Mbl Markets was established recently and the trading environment it creates is very dangerous.Mbl Markets falsely claims to be regulated by various financial regulators, including the U.S. Securities and Exchange Commission (SEC), the Financial Conduct Authority (FCA), and the Australian Securities and Investment Commission (ASIC). We searched the registers of the aforementioned authorities but didn't find any corresponding records.Mbl Markets also claims to be regulated by the German Federal Financial Supervisory Authority (BaFin), a claim denied by the German financial regulatory body in a warning against the company.In conclusion, Mbl Markets is a fraudulent broker that comes with significant risks, such as financial losses and identity theft, which could be financially and personally devastating. Without regulatory oversight, there are no legal protections to prevent fraud or theft. Therefore, we strongly suggest investors avoid unlicensed brokers like Mbl Markets and instead choose a fully regulated one.
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