Recently, a friend of Ben Wang asked: Someone strongly recommended 5Markets to him. Is this platform safe?
After reading this article, if you still want to trade with 5Markets, you are really a "warrior"!
So far, Ben Wang has found three URLs under the name of 5Markets:
https://5markets.io;
https://5markets.co;
https://webtrader.5markets.cc/login.
The platform claims to provide foreign exchange, stock index, commodity, precious metal and other trading services. The company name is Uncanny services LLC, registered in St. Vincent, registration number 1499 LLC 2021, no regulatory information is published on the webpage for users to verify, and they are frequently listed on major regulatory agencies. Agency alert list.
As early as March this year, the Spanish Securities Market Commission (CNMV) had already issued a public warning that 5markets.io was not authorized to provide investment services as stipulated in Article 140 of the Securities Market Law and foreign exchange as stipulated in Article 140 of the Securities Market Law. Ancillary services such as transactions.
Then, on May 30, the Spanish Securities Market Commission (CNMV) issued a warning to 5markets.co.
In addition to being named and warned twice by CNMV, 5Markets was also warned twice by the Italian CONSOB.
On April 26 this year, the Italian CONSOB ordered Uncanny Services LLC, registered in St. Vincent and the Grenadines, to stop illegal activities through the independent website https://5markets.co and related webpage https://webtrader.5markets.cc.
In September, the Italian Companies and Exchange Commission (CONSOB) issued a warning to 5Markets (Uncanny Services LLC) again, and CONSOB has legitimate reasons to order it to stop passing the website https://fivemarkets.io and related pages https://webtrader.fivemarkets. cc etc. to commit illegal acts.
It is not difficult to see that the 5Markets platform has multiple vests, and the known ones are on the warning list of the regulatory agency.
However, it is worth noting that the company has not stopped its illegal activities, and the relevant websites are still operating normally.
It operates as long as it operates, but if you still choose to trade on this platform, it can only be said to be "rich and willful"!