Markets-Trading.com Review

1 • 5 REVIEWS
Out of business
Updated: Apr 13, 2022
Markets-Trading is a forex broker. Markets-Trading offers the Mobile forex trading platform. Markets-Trading.com offers over 40 forex currency pairs, indices, stocks, cfds, commodities, gold and silver for your personal investment and trading options.
April 2018: There is an FPA Traders Court guilty vote against this company.  The FPA recommends caution dealing with Markets-Trading unless this can be resolved.

Website is down. Company seems to be out of business.

Markets-Trading.com
Out of business
1 • 5 REVIEWS

Recent User Reviews of Markets-Trading.com

J
JaxSunny
London, United Kingdom,
Nov 21, 2018,
Registered user

Bonus scam

I was encouraged to load up credit cards and get a loan. The trader at Markets Trading told me that the money he put into my account after losing was money they give to clients.
When I tried to withdraw they said I was locked into a Bonus scheme.
I managed to recoup through a chargeback but only a fraction as Santander isn't helping.
There is still £30k in the account.
Z
zjanfranco
Wiltshire, United Kingdom,
Sep 3, 2018,
Registered user

Markets-Trading.com behaving badly

Just read geoffrose review. Must endorse his concerns. I have emailed the company in excess of 30 times since 8 July 2018, requesting withdrawal so I can help out family member. No open trades. Occasionally, they reply stating account manager will be in touch and explain everything. They currently hold £8185 on my account. When unwitting clients like ourselves deposit they use a Chinese counterparty (bank) - their details came up on my credit card account as "Funnygoods centre" (seriously!!!). Their surcharge exceeded 7% on top of credit card's charge for conversion yuan to sterling.
They will incur a lot of unpleasant experiences because each of them is a person, not an automaton. Heard nowt from Vincent Zanetti since 22/06 this year. I've also queried the transactions with my credit card provider, but they won't dispute with Mastercard and state I can't contact Mastercard either.
How fair is that?

Aug 17, 2018 - 1 Star I opened an a/c 24/5/2018 with Markets-Trading following a telephone call from a Dutch man in London who advised me they would call me. A lady provided me with a security code for when they phoned and I made an initial deposit of £200. This was followed by a phone call from Vincent Zanetti, my 'account manager'. He encouraged a further deposit of £300 and he did some trades on my behalf which all failed. He did some further trades which improved the balance and said on 22/6/18 if I deposited a further £1000 he would match it. and open a Bitcoin contract. He also talked me thru a personal loan with Freedom Finance to raise £10000 to put into the account. When I saw the loan amount was £9800 and 9.9% apr, I cancelled the loan and said I'd make my own deposits. I subsequently deposited £3000 on 3/7 and £3000 on 4/7, highlighting that the £1000 had become £1078 including charges. Since 22/6 I have not heard from Vincent, and after approximately 40 emails requesting the return of my monies (£8185) I still have not received the funds. I have also contacted the credit card company and sought a chargeback. They say I cannot contact Mastercard, and have yet to respond to my claim. I have also contacted Action Fraud in the UK, completed their online claim and they also have not yet contacted me.
P
philipmonster
Romania,
Jun 19, 2018,
Registered user

I have been scammed by the broker markets-trading.com, I have deposited 250 pounds after an call of an broker promising me that they will help me to make money but after I have discovered on this forum that this company is a scam I have asked the withdrawal of my remaining funds of 240 pounds, after an month of pending they have canceled the withdrawal request and did not send me the money. Today I have contacted the company and they said me that I need to discuss with the account manager in order to withdraw my money inventing absurd things.

Stay away from this company because it is an big scam, if you deposit money there you will never see them back.
G
geoffrose
Glasgow, United Kingdom,
Jun 10, 2018,
Registered user

TOTAL SCAM COMPANY BEWARE

TOTAL SCAM. BEWARE. I was offered 2 insured contracts on Bitcoin, one after another, which i watched and both won but they never showed in my account until after i pushed them when my balance went from £4k deposited to over £10k. So, i asked for a £5k withdrawal which was approved by my broker on the friday, but on the monday the company illegally traded my account and the first i knew about it was tuesday when i received a number of margin calls. Result, my account was suddenly £247 only. My broker explained he had been unable to process my withdrawal on monday as i had open trades. Needless to say he never bothered telling me this at the time.
It was certainly no coincidence that having been with the company for over 2 weeks, with the only trades being personally authorised by me, until i requested to withdraw some capital, when suddenly they traded my account like crazy and in 1 day, they lost it all ??? Perfectly obvious now that there never were any contracts and equally there were no trades either. They just scammed my £4k deposits. They assured me in writing they were FSA & CYSEC approved, which i have not yet checked.
M
MarketsTradingScam
Italy,
Apr 6, 2018,
Registered user

Issue escalated to Traders Court MarketsTradingScam vs markets-trading.com | GUILTY
If you will deposit on this broker you will never see your money. I have asked an withdrawal and is still pending for 3 weeks, I have sent them many emails but they ignore me, if I try to ask in live chat same story. My amount on the account is a little bit more than 200 euro, if they refuse to process an withdrawal of that amount I don't want to think about bigger amounts. They are thieves do not trust anyone of this company.