Market Giants Review: Learn Why This Broker Is a Bad Choice
Markets Giants is claiming to be a revolutionary new-age technology trading company that is taking over the world. The reality, on the other hand, is much different since they are nothing else but just another investment scam.
Their virtually anonymous website, with no legit forex license and a shady offshore registration, actually admits that it lacks authorization. So, sit back, relax, and read our honest Market Giants review to learn all the shady tactics this scam broker uses.
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Market Giants Funds Security and Regulation
If a broker is legitimate, one thing you should find easily on their website is clear information about the company that owns and operates it, where it is based, and what licenses it has. However, this broker fails to provide the most basic info and this very much indicates that you are dealing with an investment scam.
Market Giants doesn’t claim to follow any regulations, and after just a quick search, we concluded that they do not.
Always check carefully whether the broker you chose really has the necessary licenses. There are numerous benefits to working with a broker who hasn’t violated any terms and conditions.
The Trading Platform Used on Their Website
Market Giants advertises an award-winning platform and they even mention the industry standards MT4 and MT5. But in reality, we were not able to access a trading platform at all, because we were not immediately able to register a trading account.
This just confirms that they in fact don’t even have a trading platform. With that said, it’s best to stay away from this fraudulent broker and all of their lies.
Deposit and Withdrawal at Market Giants
Market Giants have stated on their website that they offer the following deposit methods:
- Visa or Master credit or debit card
- Wire transfers
The only two options they have and none of them work. It just shows they are a scam company. This is most likely because they will push you to deposit using crypto since once you make a deposit you will not be able to ask for a chargeback.
Remember that getting your money back is possible and you should always report a scam. There is no need to feel ashamed.
Market Giants Account Types Available
After looking through the Market Giants website we found these account types:
- Bronze- For traders who invested at least $10,000
- Silver- This account starts at $25,000
- Gold- From $50,000
- Premium- From $100,000
- Platinum- From $250,000
Each of them offers different benefits like personalized trading alerts, risk-free trades, and guided training sessions.
Market Giants Offers Bonuses and Promotions
Like any other fraudster, Market Giants offer a deposit bonus. This is just another shady tactic they use to get you on board and give them your money.
Of course, once you get the bonus you will not be able to withdraw it until you reach a certain turnover. We will just be honest, you will never reach that turnover since it’s $2 million and that is just something they use to make you invest more.
How Did This Broker Carry Out The Scam?
Once you leave your details on one of the Market Giants ads, their agents will start by sending you an email that will then turn into phone calls.
Remember that their agents are trained in harassing you and pushing you to invest. And once they get you on the line, they will do anything and everything in their power to get you on board. Of course, the motto is the more you invest the more you will make.
If you have been scammed by Market Giants or any other fraudulent broker, getting your money back is possible! We would also be thankful if you can share your experience with us since we can help you report your scammers to the authorities.
Market Giants Summary
In this Market Giants broker review, we tried to warn you about this alleged UK-based broker operating since 2014. They claim to offer their clients an opportunity to invest in forex, commodities, indices, and cryptocurrencies. But in reality, they are just pocketing your hard-earned money.
The minimum deposit requirement is $300 and while this may not sound like a lot to you, keep in mind that legit brokers will ask for as little as $5 as an initial deposit.
Lastly, this offshore broker has 6 different account types, each one with a different minimum to invest.
FAQs About Market Giants Broker
Is My Money Safe With Market Giants?
Market Giants broker follows no regulations so your money isn’t safe while working with them.
Does Market Giants Offer a Demo Account?
No, this scam broker only offers live trading accounts so there is no way for you to check out their services before signing up.
What Is The Minimum Deposit for Market Giants?
The minimum deposit requirement Market Giants has in order for you to start investing is $300.