Is Motion Markets a Legitimate or a Scam Broker?
Motion Markets claims to offer a wide variety of assets for profitable trading. However, it’s most likely nothing more than a scam broker. It doesn’t even tell prospective clients where it’s located. There are no names or any other information about who runs it. Motion Markets has been flagged by the British Columbia Securities Commission or the BCSC. Their concern is the lack of licenses or transparency.
We Have Found Problems with Motion Markets
Motion Markets has a very high leverage, which is hazardous for traders. In addition, there is a very high minimum fee, which is often a sign of a fraudulent broker. Fake brokers will ask for very high deposits and then won’t allow clients to withdraw their money. We aren’t certain that this broker is committing crimes, but we don’t like the fact it’s been flagged, that it provides no information about who is in charge of it and has a high minimum fee.
These Classic Red Flags Indicate Motion Markets May Be a Broker Scam
- No license
- No transparency
- Misleading claims
- Flagged by BCSC
- Negative reviews
What You Should Do If You Have an Account with Motion Markets
If you currently hold an account with Motion Markets, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from this broker contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!