Match Securities
Basic Information
Pros and Cons
Pros
- Various trading options
- Multiple customer support channels
- MT5 platform provided
Cons
- Unregulated status
- Limited info on accounts
- Limited info on trading fees
- No demo account
- Complexity for beginners
Is Match Securities Safe and Legit?
Match Securities is an unregulated brokerage based in Mauritius, founded in 2021, with 2-5 years of operational experience. The broker offers a range of trading instruments including FX, CFDs, ETFs, Futures, Metals, and Indices, utilizing platforms such as ML Trader and Meta Trader 5 (MT5). However, specific trading conditions like leverage and spreads are not disclosed publicly.
Currently, Match Securities does not hold any valid regulatory licenses, which raises significant concerns regarding its legal status and safety for users. Potential clients should exercise caution due to the lack of oversight.
In the market, Match Securities has garnered a mixed reputation. Users have reported issues related to customer service responsiveness and the ease of withdrawals, alongside a general lack of transparency in trading fees. While some highlight the variety of trading options available, the unregulated status has led to a notable number of complaints regarding fund safety and service reliability.
Is Match Securities a Regulated Broker?
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
Match Securities does not provide information regarding the holding of client funds in independently regulated bank accounts or any separation from the broker’s own assets. Additionally, the broker does not participate in any investor compensation funds or insurance schemes, which raises concerns about fund safety and protection for traders.
Match Securities Leverage
Specific details regarding leverage multiples for various product categories are not disclosed by Match Securities. As the broker is unregulated, there are no applicable legal limits or classifications for client types, leaving potential traders without clear leverage guidelines or compliance assurance.
Match Securities Withdrawal Review
How to Contact Match Securities?
Does Match Securities Have Withdrawal Issues?
Match Securities has received a range of complaints from users, particularly concerning withdrawal issues. Users have reported difficulties with the responsiveness of customer service and the ease of processing withdrawals. Credible sources of these complaints include online trading forums and review platforms. The broker’s handling of complaints appears to be inconsistent, with notable delays in response times. Additionally, there have been repetitive complaints regarding fund safety and withdrawal processes, but the broker has not faced any regulatory penalties or warnings due to its unregulated status. Overall, caution is advised due to these concerns.
Frequently Asked Questions
A1: No, Match Securities is an unregulated brokerage based in Mauritius and does not hold any valid regulatory licenses. This lack of regulation raises significant concerns about its legal status and the safety of its users’ funds.
A2: Match Securities does not provide information regarding the holding of client funds in independently regulated bank accounts or any separation from its own assets. Additionally, it does not participate in any investor compensation funds or insurance schemes, which raises concerns about the safety of client funds.
A3: Yes, Match Securities has received numerous complaints regarding withdrawal issues. Users have reported difficulties with customer service responsiveness and processing withdrawals, leading to concerns about fund safety and the reliability of the broker’s services.
A4: You can contact Match Securities through several channels. Their customer support number is +230 454 3200, and you can also reach them via email at support@matchsecurities.com. They offer support for traders from Monday to Friday.
A5: Match Securities offers a variety of trading instruments including Forex, CFDs, ETFs, Futures, Metals, and Indices. Traders can utilize platforms such as ML Trader and Meta Trader 5 (MT5) to access these markets.
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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.