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Do You Want to Know If MarketGuild Is Legitimate or a Scam Broker?
MarketGuild is the company behind Invest Think. However, this isn’t impressive. It’s actually a black mark against MarketGuild since Invest Think has been flagged by the OSC, Ontario Securities Commission, as an unlicensed and potentially fraudulent broker. Also, it seems to be a clone broker scam, which means it copies a regulated broker’s name with slight variations.
There Are Some Problems with MarketGuild
Invest Think’s parent company, MarketGuild has many of its own problems. It has been flagged as a suspected fraud by the OSC and the FSMA, the main Belgian financial regulator. It’s based in the Marshall Islands, which is a haven for companies that want to get away with just about anything since regulations have no teeth there. Its minimum fee is a shocking $5,000–this is for a basic, not a gold or silver account. Also its web-based platform is unreliable.
Red Flags that MarketGuild Could Be a Scam Broker
- Clone Broker Scam
- Flagged by OSC and FSMA
- No license
- Ridiculous minimum fee
- No transparency
- No contact info
- Bad reviews
If You Need Fund Recovery from MarketGuild, Talk to Us
We create these reviews to warn consumers about brokers and schemes that may be fraudulent. If you have an account with this broker, close it and request a withdrawal. If you are not given your money back, contact Broker Complaint Registry right away. We will consult with you, work to track down your funds and create investigative reports, and will assist with fund recovery efforts.