Markets Adv Scam

Markets Adv (marketsadvgroup.com) claims itself as a platform for Trading. Markets Adv has recently raised red flags due to warnings issued by “Comisión Nacional del Mercado de Valores” which is the Regulatory Authority of Spain.

On 14th October of 2024, Pursuant to the second paragraph of Article 18 of the Securities Markets and Investment Services Act (Law 6/2023, of 17 March) the Comisión Nacional del Mercado de Valores (National Securities Market Commission) warns that: “https://marketsadvgroup.com MARKETS ADV is not authorised to provide the investment services and activities subject to the activity restriction in accordance with the provisions of Article 129 of the Spanish Securities Markets and Investment Services Act, in relation to the financial instruments detailed in Article 2 of said Act, including, for those purposes, foreign currency transactions.” on CNMV’s website (www.cnmv.es). These warnings confirmed that the Markets Adv is running as a unregulated and unregistered firm.

Markets Adv on it’s Website claiming that they got approval and regulated under CYSEC, BAFIN, CONSOB & ASF. But in reality they are not either authorized or regualated by any of those regulatory authority. In fact after they registered in May 2024 it’s not even possible to get all those regulatory authorities approval in that short period of time. There fraud claim by itself enough proof that they are doing some shady business.

Upon further investigation we also found that the domain marketsadvgroup.com is registered on 20th May of 2024 only for a year. Also noticable fact is that the company has provided false information for domain Registry. We also got several reports of fraudulent activities thoroughout our investigation and there are many more reports on verified reviews websites.

After Analyzing recent cases and all the facts we have come to conclusions that Markets Adv poses a significant risk to investors funds. We at Nathan Reclaim LLC categorizes Markets Adv as a “Scam” Company. If you have “Scammed” by Markets Adv please contact us as soon as possible so that we can help you to take necessary steps and recover your funds.

We highly recommend our clients and everyone to choose brokers with proper regulation & transparency to keep themselves safe from potential financial losses.