Marwick Investments Limited scam protection team talks about the most common fraud methods on ForexJulius Conley 20 / February / 22 Visitors: 81
How to understand that the company is a scam, Marwick Investments Limited, will talk about the possible risks that a client may face when choosing a broker.
Forex still remains the largest platform for investors and intermediaries. Many scammers do their best to pass off their sites as the sites of decent brokerage firms. How to identify a criminal? The British broker Marwick Investments Limited scam check tips will teach you how to detect a scam at the stage of acquaintance with a suspicious company. In this article, we will learn to recognize the signs of dishonest companies before the money leaves our account.
Information about the expert company
The broker was registered in 2016 in the UK. The company is registered in London, where its head office is located. More contact information and feedback form can be found on the company's website:
The company offers three different account plans.
The broker proposes to distribute tariffs on different assets, thereby reducing risks. Portfolios include investments in stocks (excluding American companies) and currencies, commodities. Customers can diversify the package by investing in bitcoin:
Marwickinvestments.com scam check tips: avoid cheating in three stages
Don't spend your money fast just by reading an ad that promises too much. We recommend starting trading with a broker check. There are many fraudsters, they betray themselves by simple actions.
Promises of huge profits
If you come across advertisements for quick and guaranteed profits, be careful. After getting acquainted with advertising, you go to the site, and there are no descriptions of account plans.
The trading conditions of the company and their details must be described on the company's website. This is basic information that the customer must read! Did not find descriptions of account plans - leave such a site and do not even consider cooperation with such a company.
Portfolio descriptions should include:
- The amount of the minimum contribution (deposit);
- Opportunities, assets and tools for trading.
When registering with a reliable company, the manager will be sure to discuss with you the possible risks, as well as forecasts of expected profits. If these points were not voiced to you, most likely you are facing a scammer.
Important documents are not publicly available
All terms of cooperation and basic documents should be on the site, they should be easy to find. This is one of the most important rules of consumer protection. This information should be on the website of any online store or organization, not to mention a serious broker.
For example, consider the documents on marwickinvestments.com. Scam is not seen here, it clearly states the rights and responsibilities of the participants in the process, lists the international laws of market activity in which the company participates (AML, KYC).
It is important to ask the company's manager about the terms of cooperation and the cost of services (by phone or in correspondence). All attempts to conceal information about yourself are a wake-up call.
Fake registration form
In the standard application form for registration asks the user's name, surname, place of residence. Financial requirements also depend on the place of residence: different countries have different conditions for financial activities. Such a questionnaire on the website of Marwick Investments Limited:
It is necessary to specify phone number and e-mail - on this data the manager will contact you for specification of the data.
This is followed by confirmation of the identity and solvency of the client - verification. This is a KYC requirement. The conditions of verification can be found on the website:
Neither the registration nor the verification form should request:
- CVV number (digital code on the back of the card)
- one-time security password for your bank.
- According to security experts from Marwick Investments Limited, scam brokers can request these items in the questionnaire.
A good broker with market experience and a brilliant reputation is a necessary partner for successful trading. Before you decide to start cooperation, carefully study the company's website, terms of cooperation and registration rules.