MOVES MANAGER LTD
Basic Information
Pros and Cons
Pros
- Offers leverage up to 1:400
- Utilizes MetaTrader 5 trading platform
- Provides various tradable instruments
- Claims to separate client funds
Cons
- Flagged as a ‘Suspicious Clone’
- Withdrawal complaints reported by users
- Lacks valid regulatory licenses
- Mixed reputation regarding customer service
Is MOVES MANAGER LTD Safe and Legit?
MOVES MANAGER LTD is registered in the United Kingdom and has been operational for approximately 2-5 years. The broker offers a variety of tradable instruments including forex, crude oil, indices, and precious metals, with leverage up to 1:400 and ultra-low spreads, utilizing the MetaTrader 5 platform for trading.
Despite its claims of regulation by the Cyprus Securities and Exchange Commission, MOVES MANAGER LTD is flagged as a ‘Suspicious Clone,’ raising concerns about its regulatory status and overall safety for investors. Potential clients should exercise caution and verify the broker’s legitimacy before engaging in trading activities.
In the market, MOVES MANAGER LTD has garnered a mixed reputation, with users highlighting concerns regarding customer service quality and transparency. While some evaluations mention ease of withdrawals, others report frequent complaints and the necessity for vigilance against potential risks, suggesting a cautious approach for prospective traders.
Is MOVES MANAGER LTD a Regulated Broker?
What Are the Regulatory Licenses Held by MOVES MANAGER LTD?
MOVES MANAGER LTD claims to be regulated by the Cyprus Securities and Exchange Commission; however, it is flagged as a ‘Suspicious Clone.’ As such, the broker does not hold valid regulatory licenses, raising significant concerns regarding its legitimacy and safety for investors. Potential clients should be cautious and verify the authenticity of any regulatory information before engaging in trading activities. Overall, MOVES MANAGER LTD lacks mainstream regulation, putting investors at risk without adequate oversight.
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
MOVES MANAGER LTD claims to hold client funds in separately regulated bank accounts, distinct from its operational assets. However, it is important for potential clients to exercise caution, as the broker is flagged as a ‘Suspicious Clone,’ raising doubts about the effectiveness of these protections.
MOVES MANAGER LTD Leverage
The broker offers leverage of up to 1:400 across various product categories. This leverage is consistent with the maximum limits typically observed in jurisdictions where regulatory oversight exists, yet the lack of valid regulation raises concerns about the safety of this offering for retail and professional clients alike.
MOVES MANAGER LTD Withdrawal Review
How to Contact MOVES MANAGER LTD?
MOVES MANAGER LTD faces a range of complaints primarily related to withdrawal issues. Users have reported delays and difficulties in processing withdrawals, which raises concerns about the broker’s reliability. Complaints often originate from online forums and review sites that highlight negative experiences. While some users have noted satisfactory withdrawal experiences, there is a notable presence of repetitive complaints regarding withdrawal times. The broker has not publicly addressed these complaints in a timely manner, and there are no records of regulatory penalties related to these issues. Overall, potential clients should be cautious given the broker’s status as a ‘Suspicious Clone’.
Frequently Asked Questions
A1: MOVES MANAGER LTD claims to be regulated by the Cyprus Securities and Exchange Commission; however, it is flagged as a ‘Suspicious Clone.’ This raises significant concerns about its legitimacy, and potential clients should verify the authenticity of its regulatory claims before engaging in any trading activities.
A2: MOVES MANAGER LTD claims to hold client funds in separately regulated bank accounts, distinct from its operational assets. However, due to its status as a ‘Suspicious Clone,’ potential clients should be cautious and assess the effectiveness of these protections before proceeding.
A3: Users have reported various complaints related to withdrawal issues at MOVES MANAGER LTD, including delays and difficulties in processing requests. While some individuals have had satisfactory experiences, there is a notable trend of repetitive complaints regarding withdrawal times, suggesting a need for caution.
A4: You can reach out to MOVES MANAGER LTD by sending an email to support@movesmarketlimited.com. However, given the broker’s mixed reputation regarding customer service, responses may vary in timeliness and effectiveness.
A5: MOVES MANAGER LTD offers a variety of tradable instruments, including forex, crude oil, indices, and precious metals. The broker provides access to a range of financial products, allowing users to diversify their trading strategies.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.