Warning: Is DuraMarkets a Scam?
DuraMarkets (duramarkets.com) has been flagged as a potential scam broker. It lacks regulation from major authorities.
Investigation: DuraMarkets (duramarkets.com)
We analyzed DuraMarkets (duramarkets.com) and uncovered alarming details.
We found that the company name is DuraMarkets Ltd, it is located at P.B. 1257 Bonovo Road, Fomboni, Comoros, KM, the phone number is '+1 971 434 5122, and the support email is contactus@duramarkets.com.
DuraMarkets presents itself as a financial firm, but it appears unlicensed by any credible commission.
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Safety Analysis: DuraMarkets
DuraMarkets operates without regulation.
Trading with unregulated entities is very risky. Real firms are must be registered with agencies like the FCA, CySEC, or CFTC to protect investors.
DuraMarkets lacks this protection. This means there is no legal recourse if they keep your money. Many investment fraud use unregulated entities, and getting back funds from them is difficult without expert assistance.
For instance, in the UK, unlicensed firms are not covered by the Financial Ombudsman. In the US, they are not members of regulatory bodies, meaning your capital is at risk.
How DuraMarkets Might Scam You
Online trading fraud is getting smarter. Fraudsters use social engineering to steal your savings. Here are typical tactics seen in brokers like DuraMarkets (duramarkets.com).
Pig Butchering & Romance Scams
"Pig Butchering" is a common tactic where scammers build trust over months. They fake a relationship online. Eventually, they mention a secret investment. It is a lie to get you onto a scam site .
The "Bonus" Trap
Scammers build websites that look exactly like real trading apps. They have charts and profits that increase. But it is a simulation. The broker controls the prices to convince you to deposit more. If you ask for a payout, the "profits" are gone.
Red Flags
- Cold Calling: They call you from "brokers" you don't know.
- No License: The company has no legal registration.
- Guaranteed Profits: They guarantee 1% daily returns or risk-free trades.
- Withdrawal Issues: You cannot get your money out. They ask for "tax fees" before releasing funds.
- Pressure Tactics: "Account managers" pressure you to invest bigger amounts.
Do not trust fake reviews. Scammers often post their own positive reviews to look legitimate.
Conclusion
Our verdict is to block DuraMarkets. It is likely a fraud. Save your funds and use a regulated broker. Avoid duramarkets.com at all costs.
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