deposit:
- $250
Trading platform:
- WebTrader
Summary of Markets4Now Trading Company
Markets4Now was registered in June 2020, and over the next three months, positive reviews resembling paid endorsements began to appear on various online platforms. The broker promised favorable trading conditions, quick order execution, and advanced analytics to potential clients. However, in November 2020, the Financial Conduct Authority (FCA), the primary regulator in the United Kingdom and one of the strictest regulators globally, issued a warning on its official website addressed to traders. In it, the FCA cautioned that Markets4Now is an unlicensed broker, making trading with company potentially unsafe for investors.
In May 2021, the regulator updated its previously published warning, confirming that Markets4Now continues to operate outside the legal framework of the United Kingdom. All websites of DaViko Business LTD, the managing company’s brand, as mentioned in the FCA document, are currently blocked and inaccessible. This confirms that Markets4Now is a scam.
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Trading Conditions for Markets4Now Users
| 💻 Trading platform: | Proprietary WebTrader |
|---|---|
| 📊 Accounts: | No |
| 💰 Account currency: | No |
| 💵 Replenishment / Withdrawal: | No |
| 🚀 Minimum deposit: | $250 |
| ⚖️ Leverage: | 1:1-1:200 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | No |
| 💱 Spread: | From 4.2 pips (on Starter account) |
| 🔧 Instruments: | No |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | No |
| ➕ Affiliate program: | No |
| 📋 Orders execution: | Market |
| ⭐ Trading features: | No |
| 🎁 Contests and bonuses: | No |
Contacts
| Registration address | Second Floor, Sound & Vision House, Francis Rachel Str, Victoria, Mahe, Seychelles |
Disclaimer:
Your capital is at risk. Your capital is at risk. 79.43% of retail investor accounts lose money when trading CFDs with this provider. Markets4Now and its affiliates do not target EU/EEA/UK clients. It is the user's responsibility to ensure that any use of the website or services adhere to local laws or regulations. Please be aware that you are able to receive investment services at your own exclusive initiative only, ensuring you fully understand all the risks involved.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
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FAQs
Why has Markets4Now been placed on the Forex Broker Blacklist?
Possible reasons:
• multiple complaints have been filed against Markets4Now by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of Markets4Now is down, not updated or operates with clear errors and some features are not available;
• Markets4Now has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.
What should I do if Markets4Now got blacklisted and I still have money in my account?
Don’t panic right away. First, try to find out the reason why Markets4Now got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.
What should I do if I cannot withdraw my money from Markets4Now?
If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.
Is there any chance to recover my money if Markets4Now is a scam?
On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.
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