Enduring Markets is a cryptic, shady online trading firm that didn’t provide us with the basic details of its business. They offer investment services; that much is clear. But what can you invest in, and how? That’s not.
Read our detailed Enduring Markets review for more information.
Enduring Markets claims to be based in Singapore. However, we know nothing about the company owner, as Terms & Conditions refer to it as “the Company.” Since we’ve learned so far how dangerous fraudsters can be, we searched Singaporean MAS for Enduring Markets regulation.
When we found nothing, we expanded our search scope to major Tier 1 registers such as FCA, ASIC, BaFin, and CONSOB. Once again, our search was unsuccessful.
Then, we tried finding some basic trading terms, but it was impossible. This brokerage didn’t display leverage, spread, or anything else that would tell us whether they comply with any regulatory regime or not.
Simply said, we believe you’d do better if you just avoided Enduring Markets broker altogether and found a legitimate company with a firm license. Then, if something goes south, you can file a dispute with the regulator.
Another concerning thing regarding Enduring Markets is the number of regulatory warnings. Namely, the Spanish authorities first backlisted the company on the 21st of March, 2023.
The company mainly targets the following countries:
According to a SimilarWeb traffic report, the brokerage had 14.2K visits in March 2023, mainly from Slovakia, Spain, and France. Since we already have 3 EEA zone warnings, it’s clear that you should stay away.
At the time of writing, we found 40 reviews on Trustpilot, with 55% of them being 1-star. Investors mainly complain about withdrawals and explain their experience with this firm.
We see no mention of the Enduring Markets trading platform on the entire website. Usually, when a broker wants to present themselves as a legitimate company, they describe all the services they allegedly provide, even exaggerating in most cases.
Enduring Markets, on the other hand, says nothing. We can only assume that they offer some sort of lackluster WebTrader since it wasn’t good enough to advertise. If they had third-party software such as MT4, MT5, or cTrader, they’d be fine using it as bait for new clients.
We cannot say anything about trading instruments without the platform access or a specific list.
You can choose between six Enduring Markets account types:
Each higher account brings more insured trades, assistance from the company’s specialists, a financial plan, and more. However, note that you have no guarantees for anything mentioned here since the brokerage doesn’t have a regulation and nobody is overseeing their activities.
Unfortunately, the Enduring Markets Demo account is not enabled. If you want to test the platform or see the offer, you must deposit the money first.
Since we were unwilling to pay even a penny to a scam firm, we cannot tell you much. We can, however, advise you to find a licensed brokerage with fund protection in place. Then, you can test the risk-free account or even deposit without worrying whether or not the broker will disappear with your funds.
There’s a detailed explanation of the Enduring Markets withdrawal process.
However, there’s nothing about available payment options. The company says it takes 1-5 banking days for the money to appear in your account, but it can take longer, depending on the circumstances.
So basically, you have no guarantees and can be asked to transfer money via crypto, in which case you cannot request a chargeback.
If you lost your money with an Enduring Markets scam, don’t hesitate to report it. Global Fraud Protection has dedicated chargeback experts who are willing to assist with the matter and help you recover your money.
In case you used your crypto, we will assign you a CipherTrace analyst to evaluate your case during a free consultation. Don’t despair; share your story today!
Enduring Markets is not a legitimate trading broker. If you have already deposited money with this scheme firm, we might be able to help you with recovery.
Enduring Markets doesn’t offer a Demo account or even disclose which platform it offers.
The minimum deposit with this trading company is $250.
Enduring Markets is not a legitimate trading broker. If you have already deposited money with this scheme firm, we might be able to help you with recovery.
Enduring Markets doesn’t offer a Demo account or even disclose which platform it offers.
The minimum deposit with this trading company is $250.
The post Enduring Markets Review – Anonymous, Dubious Online Fraudster appeared first on Global Fraud Protection.
