Mic Market Review – Uncovering the Truth Behind the Broker
It is crucial to consider credibility, regulation, and transparency in investment platforms. Mic Market has been one of those whose claim is “investment solutions and retirement expertise.” Here in Mic Market review, we take a critical eye to practice, state the regulatory side, and the reasons one finds this platform under suspicion.
Company Name – Mic Market
Website – https://mic-market.com/
Address – Ave, Ariadni House Limassol CY, 3100, Cyprus
Regulatory Warning –Comisión Nacional del Mercado de Valores (Spain) and Financial Markets Authority (New Zealand)
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
Not Regulated and Blacklisted
Mic-Market states its headquarters at 28th October Ave, Ariadni House, Limassol CY, 3100, Cyprus. However, while this might sound valid and reasonable, the broker appears unregulated by the Cyprus Securities and Exchange Commission (CySEC).
In fact:
- The CNMV from Spain and NZ FMA from New Zealand placed Mic Market on their blacklist.
- The domain of Mic-Market does not belong to any domains approved by the CySEC.
- License number 123/10, also referenced by Mic Market, is a stolen number, taken from a legitimate broker to appear trustworthy.
- The claimed U.S. NFA license number 0557897 which they claim is invalid and not present in the database of the National Futures Association.
Why You Should Be Cautious?
Lack of Regulation
Operating without regulation exposes investors to high risks. There’s no authority ensuring client protection.
Blacklisted by Multiple Authorities
When financial watchdogs like CNMV and NZ FMA issue warnings, it’s a serious indication of questionable conduct.
Fake License Numbers
Mic Market uses license numbers from genuine brokers to build a false image of legitimacy.
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