✔️ Information reviewed and updated in September 2024 by Eduardo López

IS DuraMarkets RELIABLE? OPINIONS

In this analysis, we will evaluate DuraMarkets. Is DuraMarkets (available at duramarkets.com), a forex, commodities, indices and cryptocurrency broker? a reliable option? Is it wise to invest your money with this company? I will examine the company in detail.

I will explain to you why I consider DuraMarkets to be a NOT VERY SECURE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!


ℹ️ BROKER INFORMATION:

There are two key aspects to highlight: (1) regulation and (2) the location of the company. These two factors are crucial to evaluate the seriousness and reliability of any company.

Is the company unregulated or poorly regulated in a country? Is the company located in an unknown location or does it not specify its location? These are important questions for any investor who wants to evaluate the trustworthiness of the company.

InformationAbout the company
📄 Attend the eventMentions being registered in the Union of Comoros with registration number HT00224018
???? AddressMentions being located at PB 1257, Bonovo Road, Fomboni, Comoros, KM
️ ️ Phone+971-48249604
🛡️ RegulatorMentions being regulated by the Mwali International Services Authority on the Island of Mohéli
🌐 Webduramarkets.com
(I.e. PaymentBitcoin (BTC), Ethereum (ETH – ERC-20 Network), USDC (ERC-20 Network), USDT (ERC-20 Network), Litecoin (LTC)
???? Live ChatNo
🕑 Website ageYour registration date was: June 29, 2022 (very recent)
Company typeforex, raw materials, indices and cryptocurrencies broker
(I.e. CompanyMentions being part of DuraMarkets Ltd

📞 LIST OF PHONE NUMBERS:

+971-48249604


💰 DEPOSITS AND ACCOUNTS:

Here is an analysis of the types of accounts offered by DuraMarkets; There are 4 types of accounts available. The following table shows the minimum deposits required for each account type.

ACCOUNT TYPEMINIMUM INITIAL DEPOSIT
Standard Account$10
Zero Account$10
VIP Account$500
Swap Free Account$100

🌐 WEBSITE:

Below is an analysis of the company's website:

DuraMarkets website
  • The age of the domain “duramarkets.com” is from June 29, 2022, so the website is relatively new. 🚩
  • Even though the website mentions the company as “DuraMarkets Ltd“, has not been found in official records. This could indicate that the company is not legitimate. 🚩
  • The company claims to be regulated by an unreliable regulatory body, such as the case of Moheli. 🚩

⭐ DuraMarkets EVALUATION:

After carrying out an analysis of the company, I have come to the following observations:

1) The company's location in Vanuatu raises concerns about its security.

2) DuraMarkets indicates that it is regulated by an entity in Mohéli, which is not very reliable.

3) The company appears to be relatively new. According to the information, the domain “duramarkets.com” was registered on June 29, 2022, which suggests that it is a fairly recent entity.

4) On the internet, the company has a rather negative reputation, with various customer complaints.

5) DuraMarkets offers a 100% deposit bonus, which could be a strategy to attract new investors.

“To be honest, I would not recommend investing in this company: it is regulated in Mohéli (a rather unsafe regulation). It claims to be part of DuraMarkets Ltd, which appears to be a dubious entity. “I cannot advise on a company with these characteristics.”


💬 WHAT TO THINK OF A COMPANY LIKE DuraMarkets?:

DuraMarkets is a broker that has raised several red flags that investors should take into account. The domain “duramarkets.com” was registered on June 29, 2022, suggesting that the website is relatively short-lived. Although the site lists “DuraMarkets Ltd” as the operating entity, no reference to this company has been found in official corporate records, which could indicate that it is a fictitious entity.

Additionally, the company's regulation comes from Mohéli, a jurisdiction known for its weak financial supervision. The lack of robust and reliable regulation raises serious questions about the security and legitimacy of the platform. This is particularly concerning in an environment where investor protection and transparency are critical.

The company also has a poor reputation online, with numerous customer complaints highlighting issues and negative experiences with the platform. These problems, coupled with the recent age of the site and questionable regulation, suggest that great caution should be taken. DuraMarkets offers a 100% deposit bonus, which may seem attractive, but it is common for such offers to be designed to attract customers without providing clear guarantees of security or benefits. In summary, the combination of lack of transparency, weak regulation, and negative reputation indicates a high level of risk associated with this broker.


📣 LATEST UPDATES:

At the moment there are no updates.


✔️ CLAIM MONEY FROM DuraMarkets:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can recover your capital.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT DuraMarkets:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is DuraMarkets?

DuraMarkets is an investment broker that allows investors to trade a wide range of financial assets, including currency pairs in the forex market, commodities such as gold and oil, stock indices and cryptocurrencies.

Is DuraMarkets a scam – is it a scam?

From my analysis, yes it is. I am sure DuraMarkets is a scam. This conclusion is based on multiple alarming indicators of the company, such as unfavorable reports and unethical business practices that have been identified by users and professionals in the market. I strongly suggest avoiding any type of business association with this organization due to the high level of risk it presents.

Is DuraMarkets trustworthy?

From my point of view, DuraMarkets does not seem like a safe option. There are worrying aspects that indicate a lack of integrity and transparency on the part of the company. It is essential to carefully evaluate the risks before any involvement with it.

How to get money back from DuraMarkets?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month. .


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (468 votes)

2 comments on «IS DuraMarkets RELIABLE? OPINIONS»

  1. Finn Reply

    They are forcing me to decide to invest with them, I am afraid, I don't want to lose my savings or be scammed. do you have information? Thank you so much!.

    • reliableforexbroker.com Reply

      Hello Finn, DuraMarkets is a SCAM, we are receiving many complaints from investors, they do not return the money, they should never invest in a broker without REGULATION.

      They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).

      When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money you can do it from the CHAT on our website or by filling out the form at this link: Get your money back, we are with you

      Greetings.

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