Market House Review

markethouseio

Warning Investors Market House – Regarding Emerging Digital Threats including ICOs and crypto-assets. Market House (markethouse.io) is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec. Last known city: Amsterdam, The Netherlands

Introduction To Market House:

Market House is a website that claims to provide a platform for trading various crypto-assets, such as Bitcoin, Ethereum, Litecoin, and more. The website promises high returns, low fees, and secure transactions. However, several red flags indicate that Market House is not a legitimate or trustworthy service.

Regulation and Compliance Of Market House:

One of the most important factors to consider when choosing a trading platform is whether it is regulated and compliant with the laws and regulations of the jurisdiction where it operates. Market House claims to be based in Amsterdam, The Netherlands, but it does not provide any proof of its registration or license. Moreover, the AMF, the financial regulator of Quebec, has issued a warning that Market House is not registered with them and is not authorized to solicit investors in Quebec. This means that Market House is operating illegally and without any oversight or protection for its customers.

Customer Support Offered by Market House:

Another factor to consider when choosing a trading platform is the quality and availability of its customer support. Market House claims to offer 24/7 customer support via phone, email, and live chat. However, many customers have reported that they were unable to reach anyone from the platform when they had issues or questions. Some customers also reported that they were pressured by the platform’s representatives to deposit more money or to upgrade their accounts.

Customer Reviews Of Market House:

One of the best ways to evaluate a trading platform is to read the reviews and testimonials of its customers. Market House has a section on its website where it displays positive reviews from its supposed customers. However, these reviews are likely fake and fabricated, as they are very generic and do not provide any specific details or evidence of their trading experience. Moreover, there are many negative reviews and complaints about Market House on other websites and forums, where customers claim that they were scammed by the platform and lost their money.

Measures to Avoid Fraud Brokerages:

Market House is one of the many examples of fraud brokerages that target unsuspecting investors who are interested in crypto-assets. These brokerages use deceptive marketing tactics, such as fake testimonials, unrealistic promises, and aggressive sales pitches, to lure customers into their schemes. To avoid falling victim to such scams, investors should always do their due diligence before choosing a trading platform. Some of the measures that investors can take are:

– Check the registration and authorization status of the platform with the relevant financial regulators in their jurisdiction.

– Verify the identity and location of the platform and its owners.

– Read the terms and conditions and the privacy policy of the platform carefully.

– Avoid platforms that ask for personal or financial information upfront or that require large deposits or fees.

– Beware of platforms that offer too-good-to-be-true returns or guarantees.

– Research the reputation and reviews of the platform from independent sources.

– Use secure and reputable payment methods and wallets for transactions.

– Report any suspicious or fraudulent activity to the authorities.

Conclusion:

Market House is a potential fraud brokerage that claims to offer trading services for crypto-assets, but it is not registered or authorized by the AMF. Investors should avoid this platform and follow the measures mentioned above to protect themselves from such scams.


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