Locus Market-Some important Details about This Broker
Abstract：Locus Market, a trading name of Locus Market Int Ltd, is allegedly a forex broker registered in China that claims to provide its clients with various tradable financial instruments on the leading MT5 PC, MT5 Web and Mobile trading platforms.
Locus Market 1366460184
Note: For some unknown reason, we cannot open Locus Markets official site (https://www.locusmarkets.com/En/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.
General Information & Regulation
Locus Market, a trading name of Locus Market Int Ltd, is allegedly a forex broker registered in China that claims to provide its clients with various tradable financial instruments on the leading MT5 PC, MT5 Web and Mobile trading platforms.
However, as this brokerage's website cannot be accessed, we were unable to obtain further details about its leverage, spreads, minimum deposit, etc.
As for regulation, it has been verified that Locus Market does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.10/10. Please be aware of the risk.
Negative Reviews
A trader shared his terrible trading experience in the Locus Market platform at WikiFX. He said this platform is malicious romance fraud. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams.
Market Instruments
Locus Market advertises that it offers access to a wide range of trading instruments in financial markets, covering over 5 forex currency pairs, gold, silver, index and oil.
Trading Platform Available
Platforms available for trading at Locus Market are said to be MT5 PC, MT5 Web and Mobile. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Customer Support
Unluckily, we didn‘t find any useful information about Locus Market’s customer support on the Internet. Generally, regulated brokers will reveal their telephone numbers, email or company address to let their clients get in touch with them.
Risk Warning
Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
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