Falason Market, a platform that claims to offer cryptocurrency trading services. The company's establishment date and registered address are unknown. It also lacks crucial information on regulation, account registration processes, trading products, and customer support. The current official website URL is: https://falasonmarket.com/Home
Corporate Background of Falason Market:
The corporate background of Falason Market indicates that its domain was registered on January 18, 2024. It is claimed that the company was registered in Saint Vincent and the Grenadines, however, investigations into the registration information did not yield precise results, thus the company's registration time and address remain unclear.
Regulatory Information of Falason Market:
As for regulatory information, the official website claims to be regulated by the Australian Securities and Investments Commission (ASIC). However, inquiries using the regulatory number provided by the official website did not find any related regulatory information with ASIC. Thus, the company's regulatory status may be falsely advertised.
Account Registration at Falason Market:
There are issues with account registration on Falason Market. Clicking the registration button on the official website leads to no response, indicating a lack of professionalism in website operations.
Account Types at Falason Market:
Falason Market's official website lacks specific introductions and explanations regarding the account types offered. This absence of information not only makes it difficult for potential clients to understand the diversity and applicability of their services but also to determine which account type best fits their trading needs and risk preferences.
Trading Products at Falason Market:
Falason Market's official website only mentions cryptocurrency as its sole trading product, but does not provide any specific product details, such as supported cryptocurrency types, trading conditions, fee structures, and other key information. This superficial mention lacks in-depth explanation of product features and trading strategies, which is inadequate for investors who wish to gain a comprehensive understanding and invest in the cryptocurrency market. Additionally, the diversity of product lines is an important factor to attract different investors, and Falason Market's evident shortfall in this aspect might cause it to lose clients seeking diversified investment options.
Deposits and Withdrawals at Falason Market:
Falason Market's official website does not provide details on specific methods of deposit and withdrawal.
Trading Software at Falason Market:
While Falason Market claims to offer the widely used and powerful MetaTrader 5 (MT5) as its main trading software, merely mentioning the platform's name is not enough for potential clients to fully understand the trading experience offered. Falason Market fails to provide more detailed information on how to utilize the features of the MT5 platform, its customization options, and how to access its specific cryptocurrency products. This lack of information may lead investors to question the platform's actual application and optimization capabilities, influencing their final decision.
Customer Support at Falason Market:
Email: support@falasonmaket.com
Phone: +61 391003556
Summary:
Falason Market demonstrates significant transparency and professionalism issues across multiple key areas. From the uncertainty of the company registration information to the dubious regulatory status. Moreover, the lack of comprehensive introductions to its trading products and account types further limits its ability to attract a wide range of investors. Currently, Falason Market is flagged as "Suspected Fraud" on TraderKnows.
