Fair Markets seems to be a legitimate online trading platform offering forex and CFD services; however, what we found indicates otherwise. Many complaints talk of strange withdrawal experiences including forced currency conversions to another currency at outdated rates, cancelled profits from using a bonus without contacting the trader, and many more. The broker claims to have a transparent business model; however, it does not disclose who owns the company, gives vague answers or doesn’t reply to clients, or is not known to any regulatory agency to verify any affiliation with the broker. This should raise a red flag for you about Fair Markets and that it could be a potential scam broker.
Website – https://www.fair.markets/
Website Availability – Yes
Address – Level 26, 1 Bligh St, Sydney NSW 2000, Australia
Warning – Not recommended by the review website like Lycan Retrieve
Domain Blacklisted Status -It seems there is no direct mention of this domain being on a blacklist.
Lack of Transparency & Withdrawal Issues.
Not only are employees of Fair Markets in question, but investors are also worried about the security of their funds based on the handling of withdrawal requests and processing. Several users reported that their withdrawal requests were denied or delayed significantly after submitting their requests. One investor stated she made a withdrawal request for her bitcoin and was denied the withdrawal, and expected to receive a wire transfer withdrawal as her only option. After deciding to choose this method, communication stopped altogether. Some have noted that even if withdrawals were honored, the currency conversion was used with old or manipulated exchange rates, which reduced the cash being returned significantly.
Misleading Promotions & Cancellation Errors
Fair Markets “Learn and Earn” promotional program also took backlash from clients. Investors stated that upon completing the 30-day bonus program, the contract was not honored, and all the profit she had earned was canceled. Some users have even suggested that the Fair Markets platform engages in misleading ways for investors to deposit funds, without any intention to allow investors to access their funds or their profits.
Questionable Business Practices & Design to Disappear
Users report that Fair Markets is neither transparent nor cooperative with inquiries and complaints. Several users still hear only bureaucratic excuses for action taken before Handshake domains changed owners. The platform utilizes WHOIS privacy services to hide information about the ownership of the domain and has little to no online presence. Fair Markets is associated with high-risk cryptocurrency services and does not mention any governing terms, which causes concerns.
Frequently Asked Questions (FAQs)
Q1: Is Fair Markets regulated?
There seems to be no evidence that Fair Markets is regulated by any recognized financial authority, and investing in this company is high risk.
Q2: Can you withdraw your profits, which are made from bonuses?
Several users have indicated that all profit categories with a bonus from Fair Markets are cancelled, and they will not honor legitimate withdrawal processing.
Q3: What should I do about my funds if I have invested with Fair Markets?
If you have lost funds on this platform, you might want to consider filing a report with either a financial fraud recovery service or seeking legal advice from a legal advisor who specializes in investment scams.
Take Action Today
Do not hesitate to act if you believe Fair Markets has deceived you. Contact us for a free consultation to find out more about your options and start the recovery process. Protecting your financial interests starts with being proactive and knowledgeable.
Remember, at Lycan Retrieve, we build trust, recover losses, and deliver results. Allow us to assist you in receiving your money back.
Contact us right now to safeguard your future and take back financial control.
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