REVIEWS
2020-06-17 12:12:00
| Online MarketShare Information | |
|---|---|
| Website: | www.onlinemarketshare.com |
| Owner: | Share Tech Ltd |
| Address: | Cnr Old and Church Street, P.O.Box 220, Roseau, The Commonwealth of Dominica |
| Email: | [email protected], [email protected] , [email protected] |
| Rating: | 0,5/5 |
| Warning: | FCA(UK) has issued a public warning against this broker. We Recommend to avoid this broker who doesn’t have regulated licenses. |
Online MarketShare isn’t what you think. We are going to detail what makes this broker a scam. All of our reviews are based on research carried out by professionals.
Brokers must have regulations for each country where they want to offer trading. Online MarketShare offers trading worldwide but doesn’t have all the licenses to do so. This is the first dangerous signal coming from this broker.
This is often the case with fraudulent brokers. It uses a license from a regulated company (they almost have the same name) or gives a license number that isn’t valid. Also pay attention to licenses that come from offshore countries such as the Marshall Islands or Saint Vincent and The Grenadines but isn’t just these fraudulent countries, there are several.
It’s a broker based in an offshore country for financial services. Take the example of Online MarketShare who is based in The Commonwealth of Dominica, it’s a country that has a license but it doesn’t allow financial services to be offered in another country. Many brokers use this type of license to defraud people who are new to trading.
Online MarketShare has received a public warning from FCA which is a regulated federation. Each country has its own federation for all financial services like trading, banking, loans. When a broker is reported by a known federation, you can be sure it is a scam.
If you are a victim of this broker, you must complete the file below or use the online chat if the amount lost is greater than $5,000 to be put in direct contact. Your chances will depend on several things like payment history, method of payment. Each file is different but MyChargeBack knows all the procedures to speed up your file. If you want to know more about the procedure, click here.
We can confirm that Online MarketShare is a scam that doesn’t have regulated licenses and therefore isn’t a reliable broker. We advise you to see with your bank what it’s possible to do or if you want to directly use a online recovery service, complete the form below.
It’s important to us that you let us know your experience with this broker and it may help other people to avoid being cheated. We get a lot of threats from fraudulent brokers who don’t want us to tell the truth. We will continue to act despite all of this.
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