MarketsDock presents itself as an innovative and ambitious broker that is dedicated to offering the best CFD and forex trading tools to the traders. The broker offers access to the very popular MetaTrader4 platform and Status web trader for trading services, but the trading conditions with this broker seem below average. MarketsDock claims to offer spreads starting from 1.3 pips on Euro and USD, but it was found that the offered spreads are above 2.1 pips. The broker provides a leverage ratio of 1:100, which is not competitive. There is no mention of what minimum deposit is required by the broker for opening a trading account.
The broker MarketsDock is not as legitimate as it shows to be. The reason is that the broker is not authorized by any government regulations to provide the financial services, but it is illegally targeting the European investors, and that’s why the broker has been blacklisted by the Italian financial regulator, CONSOB. MarketsDock is an anonymous broker that hasn’t even mentioned which company is operating the brokerage firm and the website. The lack of information about the address, contact is of course a major red flag, as a legit broker won’t hide its identity.
If you have traded with Marketsdock and believe you have been scammed by them you have a chance to get your money back. Many unregulated brokers have been found to scam traders. At Broker complaint registry it’s our job to provide you detailed Marketsdock review and make sure you can fight back and get your money refunded. By filling the form you have taken the first step to recover your money.
Is Marketsdock a scam or legit broker?
Marketsdock has been suspected as a scam broker. We don’t recommend to trade with them and if you are trading with Marketsdock contact them immediately and try to get your fund out. If the Marketsdock has done the following, you have probably a victim of Marketsdock scam broker.
Reason to suspect a scam broker is in action:
The broker froze your account
The broker blocked your account
You cannot login back into your account
Money has been taken out from the account
The broker doesn’t take your calls
The broker shut down his website
You noticed the broker took money out from your bank account with out your permission
The broker is offering you a bonus
The broker is offering you to fund more money into the account after you lost a large sum
Don’t give up. You can fight back and get your money refunded. Start by filling the form above and we will get in touch with you and provide you with information on how to start the process.