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Abstract:As a forex trader, you must avoid dealing with a fraudulent forex broker. Here we found Time Market is a scam, cheating traders with various decent conditions.
Time Market leaves out critical information
Time Market claims to be a regulated leading international financial derivatives and related service provider. Click “License and Platform”, we found no regulatory documents and certificates.
Additionally, when clicking “Privacy Policy” and “Terms and Conditions”, it won't take you to the right pages. There is no section on the website that the broker cares to disclose any critical information.
Lacking these details may be a distinct sign of unlicensed brokers because legit brokers always present their certificates and important documents in a prominent position. It is a red flag here.
The Canadian broker holds no regulation
The company is located at 7404 King George Suite 200 Surrey, BC V3W1N6, which belongs to a Canadian city.
That means Time Market is not under valid regulation to offer forex activities by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
The forex market, with its daily trading volume exceeding $7.5 trillion, offers vast opportunities for traders. However, this immense market also attracts fraudulent brokers aiming to exploit unsuspecting investors. Recognizing the signs of a scam broker is crucial to safeguarding your capital and ensuring a secure trading experience.
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