SNPbroker is an offshore Forex broker that opened in February of 2019. Their websites no longer work.
S&P Broker is actually owned by Gelko Partners LTD, and located at: Trust Company Complex, Ajeltake Road, Ajeltake Islands, Majuro, MH96960 Marshall Islands. Contact phone number in England is: +442080898260. Email address for withdrawals is: [email protected].
The website of SNP changed from https://snpbroker.io/ to https://snp-broker.io/.
For withdrawal problems and investor complaints read this.
SNPBroker Review
Our in depth review of this new Forex / CFD broker SNPBroker shows, that they give you the MetaTrader4 trading platform. You are able to select the desktop standalone version, or you can use the online platform or mobile app. They offer hundreds of underlying assets for trading CFD’s including all the popular Major & Minor Forex Pairs, Market Indexes, Cannabis Shares, and Commodities.
You will see three types of trading accounts, which offer various benefits, and the smallest account size starts at $250. A bonus on deposit of 25% – 75% is offered when you open a new trading account. If you are a new investor that has never taken a bonus before, then make sure you read the terms and conditions three times before accepting a bonus. You will need massive trading volume before you can withdraw your money.
We have received many complaints from traders about withdrawal problems, which stem from their accepting a bonus.
Is SNPBroker a Regulated Company?
At the time of this review, we see that SNPbroker is not a licensed broker. Listed on their website is a shared office address of: 2 Rue Edward Steichen, 2540 Luxembourg.
When the Scam Broker Investigator reviews a Stock Broker or Forex Broker to determine if they are scam or legit, we check for a local license. Typically a broker will get a license from CySEC in Europe, or from the FCA in United Kingdom. The reason investors use a licensed broker, is so that they will not have problems withdrawing their profits.
Compare CFD Brokers
Trading and investing with a licensed and regulated broker is the smart thing to do. You can see all the licensed broker reviews here.
FPMarkets is a smart choice, because they are a licensed broker in Europe and Australia, see here. Get a Free Demo Account on their unique trading platform, with over 1,000 CFDs available, register here.
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