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Abstract:Revalmarkets is a brand name belonging and operated by Realise Value Capital Limited, UK based Investment Firm, authorized and regulated by the the Financial Conduct Authority in the United Kingdom (reference number: 679651) .
General Information & Regulation
Revalmarkets is a brand name belonging and operated by Realise Value Capital Limited, UK based Investment Firm, authorized and regulated by the the Financial Conduct Authority in the United Kingdom (reference number: 679651) . The company is physically located at: 35 Albert Embankment, London, SE1 7TLS, UNITED KINGDOM. In this case, RevalMarkets uses the company name, registered company number, and even the address of a legitimate firm that is licensed by the FCA – Realise Value Capital Limited. RevalMarkets has nothing to do with this firm which is not a forex broker – it provides advisory financial services.
Firm cloning appears to be on the rise in recent years, so be cautious and always double-check all company and license information provided on a brokers website in the registers of the respective agencies – addresses, contact numbers, approved domains, etc. which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.
Markets Instruments
Trading instruments available at RevalMarkets includes Forex, Get access to a large variety of currency pairs, including major, minor and exotics. Indices, Which user can Benefit from a wide range of major global indices including – NASDAQ 100, DAX 30, CAC 40 and etc. Crypto and Stocks.
Account & Leverage
RevalMarkets has five investment accounts. Basic, Silver, Gold, Diamond, and Corporate. For the Basic account the minimum deposit is €5000 and Silver with €20,000 as the minimum deposit. The Gold package requires a deposit of 60,000 EUR. It has a 1-3 leverage, trading software, an FCA senior broker, and technical and fundamental educational resources. The Diamond Account accepts a deposit of 100,000 EUR. It offers a leverage of 1 to 10, Day trading, and a low-risk stock portfolio. RevalMarkets advertises account tiers that start from €5000 – a pretty excessive amount of money. A standard forex trading account shouldnt cost more than $250 to open. Despite the basic plan being expensive, it does not offer leverage. There is an account manager, financial plan, and clients can trade crypto CFDs. The silver account comes with forex signals, 1 to 2 leverage, senior FCA broker, and technical educational resources.
The Gold package requires a deposit of 60,000 EUR. It has a 1-3 leverage, trading software, an FCA senior broker, and technical and fundamental educational resources.
The Diamond Account accepts a deposit of 100,000 EUR. It offers a leverage of 1 to 10, Day trading, and a low-risk stock portfolio. For the corporate package, there is the leverage that ranges from 1 to 20. Investors allegedly also receive full market analysis.
Trader Security
Before investing in any firm, we suggest that you check whether the platform is operating legally. Financial watchdogs have created a conducive environment in the industry.
Traders are warned to confirm the legitimacy of this broker before trading with them.
Spreads & Commissions
No information is found either from their official website or from a third party Reviews regarding their Spreads and commissions because of the suspicious reviews found regarding the false Reulation of this Broker.
Trading Platform Available
RevalMarkets purports to be a forex trading entity. However, this is a nasty scheme that does not even have trading software. Investors cannot access the trading area. A genuine forex broker will avail the MetaTrader platform, which is the leading in the industry. The software has several desirable features, and it allows investors to trade automatically.
The venture provides investors with leverage of 1:20. The big question is, how are they able to do this while they are not actually trading. The regulatory bodies in the industry set limits. In the USA and Canada, a licensed forex venture can only offer leverage of 1:50, while in the UK, it is 1:30.
Deposit & Withdrawal
RevalMarkets accepts credit/debit cards, SEPA transfers, and FasaPay. As we are talking about a confirmed scam website, however, better stick with legit brokers, which do accept VISA and MasterCard – the safest payment method there is.
Customer Service
RevalMarkets offered a dedicated customer service team that will help and take great care of any issue clients might encounter. Although they can only be contacted through email, they do not have a phone number which is a big red flag. The people that are behind this scheme are dangerous, and entrusting your data to them is unwise. Legit investment entities have a phone number that clients can use. It is more convenient as clients can reach the firm fast.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.