LOCUS MARKET Review

Possible scam activities of scam broker LOCUS MARKET

Here are some of the very possible reasons why we have flagged this broker as a scam broker in this LOCUS MARKET review.

• The broker may have made a number of false claims through its website.
• The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding traders.
• The broker makes continuous calls to the traders and urge them to invest higher and higher amounts.
• The broker promises return which are too good to be true.
• The risk warnings may not be disclosed on their webpage or that would be hidden.
• The broker may be located in the countries or small islands where there is no proper regulation and registering a company is very easy. Usually, these countries are haven for the scam brokers.
• This broker provides you good chances of making profits and when you decide to withdraw your money, they will state their illegitimate rules of withdrawals and ultimately you are not able to make withdrawal.
• Broker remains operational for some time and suddenly you are not able to contact the broker or the website seems down. The broker also changes name and website URL without any notice to existing traders.

Negative LOCUS MARKET Reviews and Complaints

LOCUS MARKET has got many negative reviews and traders who traded with this broker have raised many complaints against it. ReportScam has investigated a lot about this broker and based on the negative reviews, complaints and other scam features, we have listed this broker in the list of scam brokers 2022.

Example of Negative LOCUS MARKET Review

Review site Forex Peace Army says- They will not disclose their real identity. Start by taking screenshots of all trades, communication, their website, etc. to document for your records. Then let us know what country you are from so we can advise where to report this crime.

DO NOT pay any fees or taxes to get your money back as this is part of the scam to steal more money from you. Also DO NOT hire any recovery companies as those are also run by scammers.

Is LOCUS MARKET scam or legit broker?

ReportScam does not recommend traders to trade with this broker and your funds may not be safe with this broker and LOCUS MARKET reviews are negative. Instead we recommend looking for regulated and reputed brokers who can really help in growing your investments.