Gainful Markets Review : Fees, Pros and Cons, Reviews by Real Traders

Gainful Markets

Operating status: SCAM

Website: https://gainfulmarkets.com/https://platform.gainfulmarkets-tech.com/https://gainful-markets.com/

Broker violations and abnormal records

Jun 25, 2023 The Spanish CNMV added Gainful Markets to its warning list
On June 26, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added Gainful Markets to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

On June 26, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added Gainful Markets to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0
Jun 28, 2023 BrokersView has reviewed that Gainful Markets is an unregulated broker
Gainful Markets fails to disclose its regulatory information and licensing data, which is a clear scam indicator, as legitimate brokers always prominently display their accreditation and licenses to instill trust and transparency. This is a red flag. In an attempt to appear real, it provides an address in Singapore. However, our search for this broker in the Monetary Authority of Singapore (MAS) didn't yield any matching results.
In addition, the Comisión Nacional del Mercado de Valores (CNMV) added Gainful Markets to its warning list for providing investment services without authorization.
In essence, Gainful Markets is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Gainful Markets fails to disclose its regulatory information and licensing data, which is a clear scam indicator, as legitimate brokers always prominently display their accreditation and licenses to instill trust and transparency. This is a red flag. In an attempt to appear real, it provides an address in Singapore. However, our search for this broker in the Monetary Authority of Singapore (MAS) didn't yield any matching results.In addition, the Comisión Nacional del Mercado de Valores (CNMV) added Gainful Markets to its warning list for providing investment services without authorization.In essence, Gainful Markets is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
Sep 05, 2023 The Belgian FSMA added Gainful Markets to its warning list
On September 6, 2023, the Belgian Financial Services and Markets Authority (FSMA) added Gainful Markets to its warning list as a fraudulent trading platform. https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-1

On September 6, 2023, the Belgian Financial Services and Markets Authority (FSMA) added Gainful Markets to its warning list as a fraudulent trading platform. https://www.fsma.be/en/warnings/beware-these-new-fraudulent-trading-platforms-1
Nov 27, 2023 The AMF adds Gainful Markets to its warning list
On November 28, 2023, the Financial Authority (Autorité des Marchés Financiers, AMF) added Gainful Markets to warning list for it being an unauthorized company engaging in forex activities. https://www.amf-france.org/en/warnings/blacklists?page=0&conditions%5Bcategorie%5D=224

On November 28, 2023, the Financial Authority (Autorité des Marchés Financiers, AMF) added Gainful Markets to warning list for it being an unauthorized company engaging in forex activities. https://www.amf-france.org/en/warnings/blacklists?page=0&conditions%5Bcategorie%5D=224

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