SCAM Forex Broker Review (2021)

MarketsCG Broker - Scam Review


MarketsCG Broker is an unlicensed offshore Crypto Foreign money & Foreign exchange CFD buying and selling Forex Broker.

MarketsCG Broker Review – MarketsCG is a SCAM. Do not trust this FOREX Broker!  

Throughout our review of the Forex Brokers, we see that they’re providing buyers a primary internet primarily based CFD buying and selling platform similar to,,,,,,,,,,,, , FXVC.EU,, and others. This CFD buying and selling platform could be very primary, a simple to make use of for a beginner buyers. They don’t provide the choice of utilizing MT4 or MetaTrader 5, they usually additionally don’t have cell buying and selling apps.

Belongings accessible for buying and selling consists of; Fashionable Foreign exchange pairs, Crypto Foreign money, Commodities and Shares.

This Forex Broker requires a minimal deposit of 250 Euro. There are 5 account varieties to select from primarily based on the dimensions of your deposit. The one distinction between the completely different accounts is the leverage charges, which go as excessive as 500:1. Utilizing excessive leverage, is one of the best ways to lose your cash quick! 

After we examined the spreads on the Bitcoin CFD, it was buying and selling at $31700, they usually had an enormous $210 unfold between the bid and the ask value. Leverage on Bitcoin was solely 10:1. Examine the massive Crypto CFD Forex Brokers, see right here. Forex Broker Review

Does MarketsCG Broker Have a License?

No, MarketsCG Broker will not be a licensed or regulated Forex Broker. MarketsCG is not publishing their own address, which is another evidence to the SCAM. Their electronic mail deal with is: [email protected] Their official web site is at:

The way we Review a Forex Broker to resolve if they’re a scam or professional Forex Broker, is by checking for a licensed from ASIC or FCA. Respectable Forex Brokers will at all times have a license from both the FCA in United Kingdom or ASIC Australia.

Utilizing a regulated Forex Broker implies that if there’s a drawback, the federal government regulator will enable you get your a refund.

In case you have a grievance or drawback withdrawing your cash, learn this.


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  • comment-avatar
    James 2 years ago

    I would like to know if anyone has any further information on this broker (Marketscg)? I was contacted by them through a friend whom was trading with them. Unfortunately we were both ripped off. The account manager names himself Dan Venies avoids all correspondence and the company is diverting from providing details of their location and or specific address and contact numbers. We have now been in contact with UK fraud department and now providing details. We are also in contact with the police departments in Cyprus, St. Vincents and Bangladesh. I have reached out to my network of contacts globally and am working hard to track these scumbags down. Any information you can provide would be highly appreciated. We understand that our hard earned money is gone, however, want to do everything in our power to have these cretins tried and locked away for a very long time.

  • comment-avatar
    James 2 years ago

    Does anyone have information on Marketscg ownership? I have contacted the Federal police in UK and also in the process of submitting a complaint with the Australian police. I have recently received information that the organization is run out of India. If anyone could assist in providing further details would be highly appreciated.