Dominion Markets Review – Is Dominion Markets Regulated?
- Website: https://www.dominionmarkets.com/index.php
- Website Availability: Yes
- Address: Misa Building, B.P. 724, Fomboni, Island of Mohéli, Comoros Union
- Warning: Not Recommended By Review Website Like Proupshot.co
- Domain Blacklisted Status: It seems there is no direct mention of this domain being on a blacklist.
Dominion Markets Forex Warning Signs That Shouldn’t Be Ignored
Dominion Markets is an online trading platform registered in Mauritius in 2020. It offers trading in Forex, cryptocurrencies, indices, and shares through platforms like cTrader and MetaTrader 5 (MT5). The broker provides leverage up to 500:1 and a minimum deposit of $50.
While Dominion Markets claims to be regulated by the Financial Services Commission (FSC) of Mauritius and holds a Retail Forex License (GB24203525), it is also registered with SVG FSA, which does not regulate forex trading. This raises concerns about investor protection.
Several users have reported negative experiences. Traders mention issues like withdrawal problems, frozen funds, account suspensions, and lack of customer support. For example:
- A user from Indonesia warned that withdrawals near full capital are often blocked without notice.
- A trader from Pakistan reported a $3,000 profit account suspension with no response from the broker.
- Another user from Hong Kong deposited $480, withdrew $300, but could not access the remaining balance.
- Complaints also include the platform not allowing withdrawals and unresponsive support.
These experiences suggest high risk when trading with Dominion Markets. Traders should proceed cautiously, verify regulatory claims, and be aware of potential withdrawal and support issues before investing.
Why You Must Be Careful?
We’ve been tracking down fake brokers and dark investment plans for many years. Our investigations cover many cases, from forex trading scams to currency trading scams and crypto scams. After years of research and hundreds of real cases, we now know how these scams work and how they play with innocent victims.
Grand promises, unusually high excess returns, and withdrawal issues – these are all common investor-trapping tactics.
If trading with Dominion Markets is a possibility, remain cautious. There has to be thorough research and intelligence supervision so that one is not made a victim of any such dishonest practice.
Avoid Trending Financial Frauds
Scammers never stop inventing new techniques for scamming unsuspecting people. Some of the most trending frauds include:
Investor Impersonation Scams: Fraudulent investment companies promise high profits within a short time; they disappear with every deposit.
Romantic Scams: Scammers pretend to develop online relationships merely to gain victims’ financial trust before scamming them.
Gift Card Scams: Scammers insist on payments being made through gift Card, hence making the transactions irreversible.
Bank Account Fraud: Identity theft and unauthorized access are applied for the purpose of empty bank accounts.
Phishing Fraud: Emails and messages trick people into sharing confidential information.
Cryptocurrency scams: Ponzi schemes and deceptive exchanges trick traders into losing funds.
Forex scams: Unregistered brokers manipulate trades and hold up withdrawals.
Ransomware: Frauds demand ransom to decrypt the information they have encrypted.
When doing financial transactions online, always be observant and handle it cautiously. Meanwhile, verify the legitimacy of a particular broker.
How to Recover Lost Funds?
If you’ve lost money to Dominion Markets or similar forex trading scams, you’re not alone. Victims of crypto scams, currency trading scams, and other scam brokers or shady platforms often struggle with scam money recovery.
We assist to recover money from scammers using proven strategies like chargebacks, dispute resolution, and legal action. Our team provides expert advice to help with scammed money recovery and guides victims through the entire recovery process.
Contact Us for a free consultation regarding the recovery of your funds.
Frequently Asked Questions
Q1. Is Dominion Markets a safe broker?
No. dominionmarkets.com shows major red flags, including no verified regulation and scam-like practices.
Q2. What problems do traders face with Dominion Markets?
Users report withdrawal issues, hidden fees, and false promises of high returns.
Q3. How can I recover money lost to Dominion Markets?
Document all transactions, report to regulators, and seek expert recovery help. Services like Proupshot assist victims with scam money recovery.
About Proupshot
Proupshot.co is dedicated to revealing every fraudulent broker and delivering accurate information to a trader. We aim to protect investors from scams or fraud in finance and also help victims in recovering their lost funds.
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