Market House Review

Who is Market House:

Market House is a website that claims to be a leading provider of trading services in the crypto-asset market. According to its website, it offers access to over 1000 digital assets, including Bitcoin, Ethereum, Litecoin, Ripple, and many more. It also claims to provide trading opportunities in ICOs, or initial coin offerings, which are a form of crowdfunding for new crypto projects. Market House says it has a team of experts who can help investors make informed decisions and achieve high returns.

Regulation of Market House:

However, there is a major red flag when it comes to the regulation of the Market House. The Autorité des marchés financiers (AMF), which is the regulatory body for financial markets in Quebec, has issued a warning regarding Market House and other emerging digital threats. The AMF states that the Market House is not registered with the AMF and is not authorized to solicit investors in Quebec. The AMF also reminds investors that crypto-assets are not subject to the same rules and protections as traditional securities and that they involve high risks of fraud, hacking, theft, and volatility.

Location of Market House:

Another cause for concern is the location of the Market House. According to its website, it is based in Amsterdam, The Netherlands. However, there is no physical address or contact information provided on the website. Moreover, the domain name of the website (markethouse.io) was registered where the registrant’s details are hidden by a privacy service. This makes it very difficult to verify the identity and legitimacy of the company behind Market House.

Services offered by Market House:

Market House claims to offer a variety of services to its clients, such as:

– A user-friendly and secure trading platform that supports multiple devices and languages

– A wide range of crypto-assets and ICOs to choose from

– Competitive fees and commissions

– Fast execution and settlement of trades

– Professional guidance and support from experts

– Educational resources and tools to help investors learn about the crypto market

– A referral program that rewards clients for inviting others to join Market House

However, these claims are not backed by any evidence or testimonials from actual clients. Moreover, some of these services may be misleading or illegal. For example, offering ICOs without proper registration or disclosure may violate securities laws and expose investors to fraud and scams.

Reviews of Market House:

There are very few reviews of Market House available online, and most of them are negative or suspicious. On Trustpilot, a popular review site, Market House has only one review, which gives it a one-star rating and accuses it of being a scam. A user posted a warning about Market House, saying that they lost money after depositing funds with them and that they could not withdraw their money or contact customer service. Market House is listed as a blacklisted broker that should be avoided at all costs.

Customer Service of Market House:

Market House claims to have a dedicated customer service team that is available 24/7 via phone, email, or live chat. However, this claim is contradicted by the complaints from users who say that they could not reach anyone from the company after depositing money with them. Moreover, the phone number provided on the website does not seem to be valid or operational. The email address also does not inspire confidence, as it uses a generic domain name instead of a company-specific one.

Securing Your Investments Against Unscrupulous Brokers:

Given the numerous red flags and warnings about Market House, we strongly advise you to stay away from this company and any other similar ones that offer crypto-asset trading without proper regulation or authorization. If you are interested in investing in crypto-assets or ICOs, you should do your own research and due diligence before making any decisions. You should also be aware of the risks involved and only invest what you can afford to lose.

Some tips on how to secure your investments against unscrupulous brokers are:

– Check the registration and authorization status of any broker or platform you want to use with your local financial regulator (such as the AMF in Quebec)

– Avoid brokers or platforms that operate from offshore jurisdictions or do not provide clear contact information

– Read reviews and testimonials from other users and look for signs of fraud or scam

– Use secure payment methods and avoid sharing your personal or financial information with anyone

– Be wary of offers that sound too good to be true, such as high returns, low fees, guaranteed profits, or free bonuses

– Educate yourself about the crypto market and the legal and regulatory framework in your jurisdiction

Conclusion:

Market House is an online platform that claims to offer trading services in various crypto-assets, including ICOs. However, it is not registered or authorized to operate in Quebec, and the AMF has issued a warning about it and other emerging digital threats. Market House also has a dubious location, a lack of transparency, a poor reputation, and questionable customer service. Therefore, we recommend that you avoid this company and any other similar ones that pose a high risk to your investments. Instead, you should look for reputable and regulated brokers or platforms that can provide you with reliable and secure crypto-asset trading services.