A Comprehensive Guze Markets Review
Online trading is a high-risk investment that may result in the total loss of your capital. It is not suitable for all traders or investors, and potential risks must be understood before engaging in such an activity. This Guze Markets review should be read to make sure if this type of investing strategy is suitable for you before proceeding. To know more, read a complete Guze Markets review.
Website – https://guzemarkets.com/
Website Availability – Yes
Official Address – London, United Kingdom
Warned by regulating authority – Not Recommended By Review Website Like Scams Report
Regulation Status- No Regulation
|April 28, 2022
|1 year, 1 month, 11 days, 12 hours, 24 minutes, 48 seconds
Guze Markets claims to be a reputable forex and CFD broker based in London, catering to over two million customers worldwide; however, it is not regulated by the Financial Conduct Authority (FCA) in the UK and thus not subject to British law. This is a clear indication that GuzeMarkets is likely to be a scam. With this in consideration, individuals should think twice before entrusting their funds to the falsely advertised service provider.
Visiting the website of a reputable broker should provide users with clear and detailed information regarding the company operating it, its headquarters, and any regulatory framework applicable. In this case, however, while the General Terms and Conditions claim that Guze Markets is based in London, there is no contact address or name of the legal entity mentioned. Users should thus take extra precautions when considering doing business with this online platform.
Investors should always take steps to ensure the legitimacy of a broker before investing, as there are numerous fraudulent brokers lurking online. Given the evidence that a search of the UK Financial Conduct Authority (FCA) database reveals no authorized broker using the trade name and domain of Guze Markets, coupled with Guze Markets Company Limited being located in Thailand – but not among those licensed by its Securities and Exchange Commission – it is essential that caution be exercised when considering investing. To ensure one’s financial safety, it is important to thoroughly research any broker before making any investing decisions.
Method Of Payment
GuzeMarkets claims to accept a wide variety of payment options, including Skrill, Mastercard, VISA, and USD. However, payments with debit or credit cards or Skrill are not accepted due to this being an outright scam. It is typical for unregulated and virtually anonymous websites to insist on deposits in cryptocurrency such as bitcoins to prevent reversals and protect their funds; further complicating the situation is that users cannot determine to whom exactly the bitcoin wallet they are sending belongs.
Withdrawing funds from Guze Markets can be a complicated and costly process, as there are often high withdrawal processing fees of up to 20% which must be paid regardless of the success of the request, and any trading bonuses taken may incur minimum trade volume requirements to prevent users from withdrawing. This makes it difficult for clients to access their hard-earned money when they need it.
Guze Markets Review Conclusion
After conducting a thorough GuzeMarkets review, it is crucial to exercise extreme caution when considering any involvement with this platform. Numerous red flags and concerning elements have emerged during our investigation. The lack of proper regulatory oversight, withdrawal issues, and numerous customer complaints raise serious doubts about the credibility and trustworthiness of Guze Markets. The absence of transparent information regarding ownership, licensing, and regulatory compliance further compounds these concerns. Potential investors are strongly advised to explore alternative, well-established, and regulated investment options to safeguard their hard-earned funds. Engaging with Guze Markets may expose individuals to significant financial risks, making it imperative to exercise vigilance and prioritize personal financial security.
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