GeneveMarket is a new financial trading platform, with a domain registered on March 11, 2024. Despite offering a variety of trading products and account types, the platform's business registration address is not yet available, and it has not obtained any authorization or license from financial regulatory authorities. Investors should exercise caution when choosing to trade on this platform. GeneveMarket's official website is: https://genevemarket.com/
Corporate Background of GeneveMarket:
The domain registration time for the GeneveMarket platform is March 11, 2024. Although the platform claims to offer a variety of financial trading services, its specific corporate registration address is not yet available. This lack of transparency raises doubts about the platform's legality and credibility. The registration information of a company is crucial for assessing the reliability and legality of a trading platform. The absence of clear registration information may indicate that the platform is not subject to appropriate legal oversight and protection.
Regulatory Information of GeneveMarket:
GeneveMarket has not yet obtained any authorization or license from financial regulatory authorities. In other words, the platform is not subject to supervision and management by any national or regional financial regulatory agencies. In the financial industry, the authorization and licensing of regulatory agencies are important measures to ensure compliant operations and protect investors' interests.
Account Registration Process at GeneveMarket:
- Log in to the GeneveMarket official website and click on the registration button
- Fill out the application form
- Submit identity verification/phone number verification documents
- Make a deposit and start trading
Account Types at GeneveMarket:
GeneveMarket offers four different account types to meet the needs of different investors:
Field Account:
- Minimum Deposit: USD/EUR 250
- No commission
- Leverage: Up to 1:30 depending on the trading instrument
- Spread: From 1.3
Hill Account:
- Minimum Deposit: USD/EUR 1000
- No commission
- Leverage: Up to 1:30 depending on the trading instrument
- Spread: From 1.5
Mountain Account:
- Minimum Deposit: USD/EUR 10000
- No commission
- Leverage: Up to 1:30 depending on the trading instrument
- Spread: From 0.1
Sky Is The Limit Account:
- Minimum Deposit: USD/EUR 50000
- No commission
- Leverage: Up to 1:30 depending on the trading instrument
- Spread: From 0.1
These account types are designed to offer flexible options for different levels of investors, from beginners to advanced traders. Whether for small or large investors, GeneveMarket's various account types provide a commission-free trading environment with leverage limits set based on trading instruments, meeting different investment needs to the maximum extent.
GeneveMarket's Trading Software:
GeneveMarket has not yet disclosed detailed information about its trading software, adding to investors' concerns about its technical support and trading tools. The choice of trading software is directly related to the smoothness and security of trading. Therefore, investors should exercise caution when selecting a trading platform and prioritize those that provide transparent information and well-known trading software to ensure the safety of funds and the smooth conduct of transactions.
Trading Products at GeneveMarket:
GeneveMarket offers a variety of financial trading products to meet different investors' needs:
Forex:
Investors can trade multiple currency pairs, including major pairs (such as EUR/USD, GBP/USD), minor pairs, and emerging market pairs.
Commodities:
Includes precious metals (such as gold and silver), energy (such as crude oil and natural gas), and agricultural products (such as coffee and sugar).
Stocks:
Provides trading on major global companies' stocks, allowing investors to capitalize on fluctuations in the stock market.
Cryptocurrencies:
Supports trading in multiple popular cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.
Indices:
Offers trading on major global stock indices, such as the S&P 500, Dow Jones Industrial Average, and Nasdaq 100, allowing investments in overall market performance through index trading.
By offering these diverse trading products, GeneveMarket provides investors with extensive market opportunities, catering to different investment strategies and risk preferences.
What are the Spreads, Leverage, and Commissions at GeneveMarket?
GeneveMarket has not publicly disclosed the specific trading conditions such as spreads, leverage, and commissions on its official website.
Withdrawal and Deposit Methods at GeneveMarket:
maestro, wire transfer, MasterCard, visa, secured connection, Norton secured.
Customer Support at GeneveMarket:
Email:support@GeneveMarket.com
Conclusion:
While GeneveMarket offers a variety of account types and trading products, investors need to exercise caution due to its lack of transparent registration information and regulatory authorization. When choosing a trading platform, prioritize those with transparent information, regulatory oversight, and a good reputation to ensure the safety of funds and smooth transactions. GeneveMarket is listed as "Suspected Fraud" on TraderKnows.