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DowMarkets goes on the list of KNF warnings
Today, a new entity - Prometheus Ltd. - which owns the DowMarkets trademark operating under the dowmarkets.com website, has been placed on the public warning list of the Polish Financial Supervision Authority.
DowMarkets on the "black" list
When entering the DowMarkets.com website, we have 3 language versions - English, German and Polish. The company itself boasts that it has been on the market for over 12 years. It offers its clients 5 types of accounts with the required margin in the range from $ 250 to as much as $ 100. Interestingly, the broker also provides participation in the promotion of the so-called deposit bonus, which in the case of a VIP account ($ 100) can be up to 000% of the deposited amount (!). This should be the first warning sign for people who found the Dow Markets website. However, there are many opinions on the web that we are dealing with an ordinary scam, as well as a high probability that it is another branch of the "popular" Maxitrade.
MyChargeBack.com is an American company specializing in the recovery of funds extorted by unreliable companies and "scams" pretending to be honest Forex brokers, binary options brokers and cryptocurrency projects. If you've been scammed, there's a good chance that MyChargeBack.com will be able to help you!
The UKNF communique reads:
"Prometheus Ltd. with headquarters in Beachmont Kingstown, Saint Vincent and the Grenadines (operating under the DowMarkets trademark, owner of the dowmarkets.com platform. Proceedings for an act under Article 178 of the Act on Trading in Financial Instruments are conducted by the District Prosecutor's Office in Warsaw. Chairman of the Polish Financial Supervision Authority) joined the procedure initiated by another entity. "
Company's data:
- Website: dowmarkets.com
- Telephone number given on the website:+43720883293
- Address: Exellium Ltd, Ajeltake Road, Ajeltake Island, Majuro, MH96960, Marshal Islands.
Prometheus Ltd. on the warning list. Source: KNF
We warn against using the services of unlicensed companies. Before opening an account, always make sure that the broker has the appropriate regulations and permits from the indicated institution supervising the financial market.
