Warning: Is DuraMarkets a Scam?

Is DuraMarkets (duramarkets.com) a Scam?

Be wary of DuraMarkets (duramarkets.com); it shows several indicators of a scam.

We found that the company name is DuraMarkets Ltd, it is located at P.B. 1257 Bonovo Road, Fomboni, Comoros, KM, the phone number is '+1 971 434 5122, and the support email is contactus@duramarkets.com.

DuraMarkets presents itself as a investment platform, but it appears currently illegal by any major authority, like the ASIC or CySEC.

Cannot Withdraw from DuraMarkets?

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Regulatory Check: DuraMarkets

Our investigation confirms that DuraMarkets lacks a valid license.

Trading with unlicensed entities is extremely risky. Legitimate firms are always authorized with bodies like the FCA, CySEC, or CFTC to protect investors.

DuraMarkets operates without this supervision. As a result, there is no safety net if they withhold your funds. Many online scams involve unlicensed actors, and recovering money from them is challenging without professional help.

For example, in the UK, unlicensed firms are not covered by the Financial Ombudsman. In the US, they are not members of SIPC, meaning your money is completely exposed.

How They Steal Money

Investment fraud is evolving. Scammers use manipulation to take wealth. Below are common tactics used by sites similar to DuraMarkets (duramarkets.com).

Pig Butchering & Romance Scams

The "Romance Scam" is a common method where scammers groom victims over weeks. They build a relationship on social media. Once trust is built, they introduce a special crypto opportunity. It is a lie to lure you onto a fake platform like DuraMarkets.

Fake Trading Dashboards

Fraudsters build websites that mimic legit trading apps. They have charts and balances that go up. But it is a game. The broker controls the prices to convince you so you invest more. When you try to withdraw, the "profits" disappear.

Red Flags

• Cold Calling: They call you from "brokers" out of the blue.
• Unregulated: The firm has no authorization.
• Guaranteed Profits: They guarantee huge profits or risk-free trades.
• Cannot Withdraw: You cannot get your money out. They demand "tax fees" first.
• Pressure Tactics: "Account managers" push you to deposit more.

Ignore fake reviews. Scammers often post their own positive comments to appear real.

Verdict

DuraMarkets is not trusted. It is likely a fraud. Save your funds and find a licensed broker. Avoid duramarkets.com at all costs.