I wanna know if this broker is good, Im new and i wouldnt want to make a mistake. thank you if someone can help me verify it. because it doesnt show in the list of brokers in this website
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Hi there,
It’s great that you’re being cautious as you start your trading journey. I looked into TV Markets (Tradeview Markets México - Tu Puerta de Acceso al Trading Global) and this is what I found:​
Regulatory Oversight:
- TV Markets is regulated by multiple financial authorities like the Cayman Islands Monetary Authority (CIMA) and Malta Financial Services Authority (MFSA) . While these provide some oversight, it’s important to note that CIMA and MFSA is considered a less stringent regulator compared to authorities like the UK’s Financial Conduct Authority (FCA) or the U.S. Securities and Exchange Commission (SEC).​
Mixed Reviews:
- Some sources suggest that TV Markets is a legitimate broker adhering to regulatory standards.
- However, other reviews raise concerns about the broker’s practices and advise caution .​
Potential Red Flags:
- Offshore Regulation: Being regulated in the Cayman Islands may not offer the same level of investor protection as more established regulatory bodies.​
- Negative Feedback: Some users have reported issues related to withdrawals and customer service, which are critical factors to consider when choosing a broker.​
Given these mixed signals, I would be cautious. To help you find a trustworthy and well-regulated broker, I recommend using our Find My Broker Tool. This tool assists you in comparing and selecting brokers that are reputable and align with your trading needs.​
Best,
Samuel