✔️ Information reviewed and updated in March 2024 by Eduardo López

IS 5markets RELIABLE? OPINIONS

In this post I will analyze 5markets. Is the 5markets broker (also known as 5markets.co or 5markets.io) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.

I will explain to you why I think 5markets is an UNSAFE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!


ℹ️ BROKER DATA:

Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
(I.e. CompanyUncany Services LLC
???? DirectionSan Vicente y las Grenadines
📄 RegistrationNot mentioned
🛡️ RegulapainNot mentioned
️ ️ PhoneDoes not have
📧 Email[email protected]
🌐 Website5markets.co, 5markets.io
???? Live ChatNo
Company typeInvestments in forex and CFDs

📞 LIST OF PHONE NUMBERS:

Does not have.


💰 DEPOSITS AND ACCOUNTS:

Here is a small analysis of the types of accounts that 5markets offers; They are divided into 3 accounts. Here is a table with a little more information about minimum deposits by account type.

account typeMINIMUM INITIAL DEPOSIT
Student account€250
Pro Account€1,000
Pro + account$2,499

🌐 WEBSITE – WEBSITE:

Below you can see the company's website:

5markets website
5markets website

When analyzing the 5markets website we can notice that they offer educational resources, information about the different types of account, explanation of the products where the capital is invested, location of the company and means of contact.

1) It does make me a little nervous that they don't mention anything about their regulation.

2) Another unfavorable point is the location: it is in a very unsafe place, be very careful!


⭐ OPINION FROM 5markets:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The company is located in an unsafe place.

2) It is an unregulated company.

3) The company does not have seniority, it is a company without a track record.

4) The company has a very bad reputation on the internet, I have already been able to find customer complaints.

5markets opinion

“To be honest with you, I would not invest in this type of company, it has many points against it, I do not recommend it. Everything seen indicates that 5markets is not trustworthy and it is a very unsafe company.”


💬 USER REVIEWS:

I have found various negative reviews, complaints, complaints and negative feedback about 5markets. I honestly think they are a very unsafe option. In addition to this, you can find more comments and opinions from users and clients of the company at the end of this review.

Are you a 5markets customer? Do you have something to tell me about them? I invite you to leave your opinion too!


📣 LATEST UPDATES:

1) March 2022: la CNMV, Spain's financial regulator, has denounced 5markets due to fraudulent activities in their territory.

2) April 2022: la CONSOB, Italy's financial regulator, has denounced 5markets due to fraudulent activities in their territory.

3) May 2022: la CNMV, Spain's financial regulator, has once again denounced 5markets.

4) September 2022: la CONSOB, Italy's financial regulator, has once again denounced 5markets.

5) May 2023: We have discovered that 5markets is linked to the broker MorganFinance.


✔️ CLAIM MONEY FROM 5markets:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can claim your money.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT 5markets:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is 5markets?

5markets is a forex and CFD investment company.

Is 5markets a scam – is it a scam?

In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.

Is 5markets trustworthy?

5markets is a company that I consider UNTRUSTABLE. It has characteristics that make it a very unsafe company: be very careful.

How to get money back from 5markets?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

How to close my account with 5markets?

If you want to close your account write an email requesting it to the company's support email.

How to know if 5markets is regulated?

It is an unregulated company, be careful.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.

Do you have any other doubts or questions?

Leave me a comment on this review, if you scroll down, at the end of the review you will find the comments section. Leave me a comment with your question and we will answer you as soon as possible.


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 4.9/5 - (218 votes)

18 comments on «IS 5markets RELIABLE? OPINIONS»

  1. FRANCESCO Reply

    Salve sono Ruben, ed ache io sono estato truffato con 5markets.
    racconto la mia storia per allertare tutti, e che non cadano in questi tranelli.
    If you start with 250 euro, then you will be able to process this app 5markets that guadagni.
    I dopo a little invite you to mettere piu soldi, io misi 1.000 euro e vedevo che con queto guaadagnavo di piu, successively my invitation to mettere 5.000 euro, accetto ei guadagni salivano, in tutto cio c'era Oxana Farkas (nome finto) che my aiutava to capire ed investire. From the moment I deposited 5.000 euros, she my faith will sign a clause, which says: dopo il primo mese della stipula, potevo ritirare i soldi guadagnati.
    Always the stipula signed on 29-04-2022 unexpectedly read Oxana scompare, first that if it arrived for a month, it would prevail over anything from Guadagnato. (29-05-2022)
    IMPROVVISAMETE mi arriva a mess. che Oxana per problemi fmiliari lascia la sede, (il tutto 2 giorni, prima di arrivare in data 29-05-2022), in conclusion mi affidano un altro broucher ANDREAS GERBER che si vantava che era il migliore di tutti, li inizio le operazioni , doing my guadagnare, the figure guadagnata ammontava to 39.000 euro, in the frattempo my voleva far investire altri soldi, I have seen that not avevo piu somme messe da parte, my disse che io non ero alla sua PORTATA e che when avrebbe chiuso le operazioni, mi arrivava I import guadagnato, MA PER CONCLUDERE I will give 5% to the broucher and 5% to all'azienda for an amount of 3.000 🙂
    (since we do not have avevo piu capitale riferisco che mi e impossibile dare quella figure)
    e gli consiglio: seen that devo ricevere 39.000 euro se li scalino direttamente da li.
    e ovvio che non era la polita dell'azienda .
    Ad oggi ho denunciato alla POSTALE polizia (che gia li conoscevano) e mi sono tutelato.
    blocking phone and WhatsApp.
    STATE ATTENTI TO QUESTO 5markets SONO ONLY DEI CIARLATANI TRUFFATORI.
    Greetings RUBEN

    • reliableforexbroker.com Reply

      Hello FRANCESCO, this broker called 5markets is a SCAM, many investors have sued 5markets for fraudulent activities, it is not advisable to invest money in an UNREGULATED broker. It's a SCAM and does not return money to its customers.

      ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE!.

      If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.

      We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side

      Greetings.

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