MARK & CONNOR is a forex broker registered in 2021, mainly offering trading services in forex, precious metals, stocks, and contracts for difference among other financial products. The transparency of MARK & CONNOR's official website is low, and it provides false regulatory information, posing a significant trading risk if one opts for their services.
Company Background:
MARK & CONNOR is a financial service provider established in 2021, and its registration number has not been disclosed. The broker's corporate entity is Mark & Connor Trading Limited, located at 82/F International Commerce Centre, 1 Austin Road West, Kowloon, Hong Kong. The domain name of the broker was registered on August 24, 2021, approximately two years ago.
This broker offers trading services on the MT4 and AT platforms and has offices and sales centers in countries and regions such as the UK, New Zealand, Australia, Mexico, Chile, and Hong Kong, although specific details about these branches have not been published.
Regulatory Status:
Mark & Connor Trading Limited claims to be regulated by the United States' National Futures Association (NFA), but in reality, it has not disclosed any specific regulatory license information. Investigations reveal that the company does not have a regulatory record with the US NFA, indicating that Mark & Connor Trading Limited is suspected of false advertising of regulatory information, deceiving investors.
When choosing a broker, investors should be wary of such behaviors and opt for compliant brokers that are strictly regulated to ensure the safety of their investments. Therefore, investors should stay away from platforms that falsely advertise regulatory information and choose reliable, strictly regulated compliant brokers to avoid financial losses.
Trading Products:
MARK & CONNOR primarily offers trading services in currencies, precious metals, stocks, and contracts for difference among other financial products.
Forex Trading: This broker offers more than 60 tradable instruments, including currency pairs, featuring ultra-low spreads and leverage up to 1:100, providing traders with flexible trading options and the potential for high returns.
Precious Metals: Traders can engage in spot gold, spot silver, and other precious metals trading on this platform, which also supports trading in metals like platinum and palladium. Additionally, the platform enables gold/offshore RMB trading, offering diversified investment opportunities.
Contracts for Difference (CFDs): The broker offers trading in stock indices, agricultural products, and bulk commodities among other CFDs. CFDs allow traders to profit from predicting the price movements of assets without actually owning them, thus offering convenience and flexibility.
European and American Stocks: The platform provides trading in over 100 selected European and American stocks with up to 20 times leverage and without commission or fees, offering a convenient channel for stock trading and additional leverage support to enhance investment efficiency.
Trading Software:
MARK & CONNOR offers the MetaTrader 4 (MT4) trading platform, widely recognized as powerful, stable, and reliable software suitable for trading various financial products such as forex, stocks, and commodities. However, investors have reported issues with the MT4 download link provided by the broker, resulting in failure to redirect to the download page, causing inconvenience and distress for investors unable to download from the official website. This highlights a lack in the broker's services, posing certain trading risks. When selecting trading software and a broker, in addition to the software's features and stability, investors should also consider the broker's reputation and quality of service to ensure safety and smoothness during trading.
Deposit and Withdrawal Methods:
MARK & CONNOR offers multiple deposit and withdrawal methods to facilitate clients in managing their funds. Clients can choose to deposit through bank transfer or by using credit/debit cards, with support for VISA, MasterCard, and China UnionPay. Additionally, the company has set a minimum deposit amount of 500 RMB. For withdrawals, clients can also opt for bank transfer or use China UnionPay cards. These methods provide clients with choices, enabling them to manage their funds according to their needs and preferences.
Customer Support:
MARK & CONNOR offers a singular channel for customer support; users can contact the broker by sending an email to info@mandc.ws. However, the broker does not provide phone support or other contact methods such as online services. This limited customer support channel may restrict customers' options and convenience when seeking assistance.
Conclusion:
MARK & CONNOR is a broker that falsely advertises its services, and investors need to be wary of its offerings in forex and related services to avoid being scammed. Additionally, the broker's website design is highly similar to those of several fraudulent brokers such as EFSPFX, suggesting it might be built using the same website template.
Currently, MARK & CONNOR is marked as "suspected fraud" on TraderKnows.
