MarketForNow is an unlicensed,unlicensed and offshore Forex & Crypto CFD Broker, that opened in April 2020.
MarketForNow Broker Review – MarketForNow is a SCAM. Do not trust this broker!
This broker is owned by DaViko Business Ltd, which is located at: Second Floor, Sound & Vision House, Francis Rachel Street, Victoria, Mahe, Seychelles. The phone number listed on their website is in the Czech Republic: +420225379671. Their email address is: [email protected] , and the Official website is at: https://www.MarketForNow.com/.
For problems and withdrawal issues, read more here.
A quick review of this new broker called MarketForNow find that the trading app they are offering investors is made by Airsoft. It is a simple web-based CFD trading platform, and you not be able to use the industry standard MetaTrader4, or a mobile trading app. Take a look at the screenshot below, and you can see what their web-based trading platform looks like.
You will that they offer a variety underlying assets for CFD trading against USD or BTC including; Shares, Crypto Currency, Forex Pairs, Stocks, Commodities and Market Indexes.
MarketForNow’s website and trading platform is only available in English. Technically, the minimum deposit for a new trading account is $250. They offer trading signals to people who invest over $3000. If you want trading signals for free, look here.
Fake News Articles
If you want to see how the Crypto trading app scam works, go read this article.
To summarize, scammer write legitimate looking articles about people that made thousands of dollars using a trading app like “Bitcoin Code“. Before investing with an automated trading system, you should know that 99.9% of people lose money that way.
You are better off investing with a licensed broker, that offers you free alerts from Trading Central, see here.
Is MarketForNow a Licensed Broker?
No, MarketForNow is not a licensed broker. Brokers in Seychelles should be regulated by the FSA, but this company is not.
All CFD brokers no matter where they are located, must be regulated by the financial regulatory agency in your local country. For complaints or problems making a withdrawal you should read this article.
Scam Broker Investigator uses a simple method to determine if a CFD broker is legitimate or a scam broker. We look to see if the broker is licensed and regulated by anyone of the popular government regulators; FSCA South Africa, FCA United Kingdom or ASIC Australia.
Australia ASIC Warning
“ASIC urges all investors considering trading in Forex to check they are dealing with an entity that holds an Australian financial services licence.”
You can find popular Forex brokers that are licensed and regulated listed here.