EENmarket Detailed Review – Don’t Fall For Trading Scam
EENmarket Detailed Review – Don’t Fall For Trading Scam

EENmarket is another offshore broker owned by the notorious Bodacious Consulting LLC, already well-known among regulators. Since the firm is unlicensed, we’ve checked how their brand EENmarket operates and what are the main issues clients are experiencing. Read our review and find out.

Broker status:Offshore Broker
Regulated by:Unlicensed Scam Brokerage
Blacklisted as a Scam by:N/A
Owned by:Bodacious Consulting LLC
Headquarters Country:Saint Vincent and the Grenadines
Foundation year:2021
Supported Platforms:WebTrader
Minimum Deposit:250 EUR
Types of Assets:FX, commodities, indices, shares
Maximum Leverage:1:300
Free Demo Account:No
Accepts US clients:Yes

What About EENmarket Regulation?

EENmarket is owned by Bodacious Consulting LLC and is based in Saint Vincent and the Grenadines. Since this offshore island has no financial regulator, we’ve looked into the company’s regulations with the FCA, ASIC, BaFin, and several other Tier1 license providers. As suspected, the EENmarket never obtained a license and provided financial services illegally.

EENmarket Is Not The Only Scam Broker In The Company

The company owner already made it to the blacklist of the Spanish CNMV and the Italian CONSOB, thanks to the other brand they own – UnionsMarket. It looks like this brand scammed many, earning its place as a fraudulent investment service provider.

In addition, we recommend you to read our most current updates on the scam brokers GetPrimeCrypto, GreenlinePro, and BlueRoyalInv. Be cautious while dealing with these brokers.

Traders Reviews About EENmarket

EENmarket investors are not quite thrilled with what they get. While at the beginning everything seems perfect, the issue starts when they ask for a withdrawal. Basically, this firm will go above and beyond to prevent you from getting your money back, up to a point they’ll install AnyDesk or TeamViewer on your device, wipe off your bank account, and disappear.

What Platforms Does EENmarket Offer? – Available Trade Software

EENmarket offers a proprietary WebTrader, allegedly making it easy to access the software without any installation. Furthermore, the company claims to provide live prices, news, historical data, and dozens of technical indicators. While there are certainly some indicators, this WebTrader cannot be compared to MT4 or MT5.

Trading Using a Web Trader

Trading on WebTrader is far less secure than using MetaTrader. When all of your information is processed via the web, there’s always an option of data breach and lags. Furthermore, as it’s a proprietary platform built and owned by the broker, the trading company has access to your trades and funds and can easily manipulate them.

All About EENmarket Accounts

EENmarket Accounts

There are 3 EENmarket account types:

  1. Individual – 250 EUR
  2. Premium – 2,500 EUR
  3. Business – 25,000 EUR

Accounts differ in bonuses, spread, leverage, etc.

Does The Broker Have A Demo Account?

The broker doesn’t offer a Demo account, meaning you will have to deposit the money first and then check out the offer.

Countries Where EENmarket Operate

Based on our review, the firm mainly operates in:

  • Germany
  • Slovenia
  • Serbia
  • UK
  • Czech Republic

EENmarket Range of Trading Instruments & Markets

EENmarket offers trading in currency pairs, commodities, indices, and shares. While crypto is the most popular asset at the moment, it looks like the the broker is not trying to follow the trends and stay competitive. And it’s just a reason more to avoid this fraudulent offshore firm.

About EENmarket Trading Conditions – Spread and Leverage

The company offers a raw spread, starting with 0 pips on the Individual account and leverage from 1:100 to 1:300. If you know that leverage regulators approve is up to 1:50 for the Forex market, you can already understand why EENmarket is considered a risk. Besides, legitimate firms profit from spreads and fees, so if this company charges none, it makes it clear that the goal is not to charge fees and increase the trading volume but to steal every penny you invest.

EENmarket’s Fraudulent Bonus Policy

While the firm approves bonuses, it also has very specific requirements to repay the funds. For instance, if you accept any money, you cannot withdraw your profit before having a rollover of the deposit plus the bonus amount 25 times. This means you will need to deposit more and enter the never-ending cycle of repaying bonuses.

However, keep away from scammers such as�GMGroup�and�Tradiso. If possible, tell us about your scam experience.

EENmarket Deposit, Withdrawal Methods, and Fees

Clients can deposit and withdraw funds using:

  • Debit/credit cards
  • Wire transfer

Allegedly, it takes up to 5 days for the funds to appear after you submit a withdrawal request. However, the broker never specified any fees and commissions you would have to pay, leaving it to its employees to discretionary decide and take from you any money they want.

Scammed by EENmarket Broker? – Let Us Hear Your Story

If you were scammed by EENmarket, let us know. Our chargeback specialists are here to hear you and help you file a dispute.

But What Is A Chargeback?

This is a way for your bank to recover the funds directly from the merchant. Contact us via online chat to book a free consultation, and let’s get your money back before the broker vanishes.

What Is EENmarket?

EENmarket is an online Forex and CFD provider without financial regulation.

Is EENmarket a Scam Broker?

EENmarket is based offshore, and its owner has been blacklisted all around Europe for scam activities.

Is EENmarket Available in the United States or the UK?

Yes, the firm provides its services in both the UK and the US.

Does EENmarket Offer a Demo Account?

No, EENmarket doesn’t offer a Demo; only 3 Live account types.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

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