Hello to you all, does anybody know this broker efghmarkets.com ? Is it a trustworthy address?
regards
Hi there,
Thank you for your message. I have looked into EFGH and it seems to be a scam. Please don’t use them.
The reasons are the following:
- First of all, no regulatory information can be found of the company. Reliable brokers usually have the name of their regulator and license / regulation number shown in their footer. Also, looking at their MSB Registration certificate, you can clearly see it’s fake.
- Secondly, certain mandatory information are suspiciously short on their website, such as privacy policy, disclaimer of warranty, general risk disclosure etc. This is a serious red flag you should always watch out for.
- Thirdly, the design and structure of the website is similar to other fake brokers. There are numerous typos across the page as well, which is really unprofessional.
If you’re looking for reliable and regulated brokers, you can find them here: https://brokerchooser.com/broker-reviews.
Please let me know, if you have any questions.
Kind regards,
Andris
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Thank you for your helpful information.
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