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Endurings Markets Review | "Achieve Your Financial Goals" or be Scammed?

by Kevin Berry
Rating: 
  1.1/5   Reviews: 4
Endurings Markets - logo

Endurings Markets promises to help you “achieve your financial goals through trading.” You might find numerous positive reviews about the company online. However, don’t let the praise and alluring promises sway you. Why? The broker lacks a license from any regulatory body, fails to share any legal documentation, and hasn’t even been revealed when it was founded. We’ll dig deeper to uncover the real story behind this firm, is it a scam or legitimate? We’ll also explore why it has so many glowing reviews despite being unlicensed, before wrapping up with our final take.

Highlights

🏛️ Country United Kingdom, Singapore
⚠️ Regulation
🖥️ Website https://enduringsmarkets.com/
🎲 Demo Account No
⏳ Start Time 2022
💲 Minimum Deposit $250
⚖️ Minimum and Maximum Leverage 1:2000
⚙️ Trading Platform WebTrader
📨 E-mail support@enduringmarkets.com
📞 Phone +3197010266459

First Impression of Enduringsmarkets.com

When you land on the website, it’s pretty much what you’d expect from any brokerage – basic and standardized. It sports a dark blue color scheme with some images and eye-catching graphics. Navigation is straightforward, with sections at the top for the trading platform, account types, how to deposit, and withdraw money, educational materials, and contact information. Curiously, there’s no specific section that dives into what Endurings Markets is all about. The homepage itself is a dull rundown of features and benefits, while the footer simply reiterates the main sections and offers a standard risk disclaimer.

Endurings Markets - site

The website is sprinkled with images of “successful individuals” in suits, dress shirts, and luxury watches, all seemingly engrossed in their laptops and monitors. Overall, the official Endurings Markets website looks decent, but it still lacks something, for example, uniqueness and informativeness. Where’s the section detailing the company’s background? Where are the legal documents beyond the cookie-cutter user agreement and standard risk disclaimers?

Partnership and Bonuses

Endurings Markets entices you with deposit bonuses, but there’s a catch: you’ll need to deposit at least $3,500 to qualify. And don’t think for a moment that this bonus money is easy to cash out. The broker sets specific conditions that usually require a hefty trading volume before you can withdraw any bonus or related profits. Additionally, there’s a time limit, the required turnover for the bonus amounts to 7 lots. To put it in perspective, if you get a $1,000 bonus, you’ll have to complete 7,000 lots in trades. These hurdles are challenging to clear, even for seasoned traders, let alone newcomers.

Endurings Markets does not have an affiliate program. There is no mention of it on the website, and you don’t need to enter a promo code when registering an account. Perhaps there will be a section dedicated to a referral program in the personal dashboard, but that’s unlikely. And it seems strange for a firm to offer additional income through an affiliate program, yet hide its terms.

Account Opening on Enduringsmarkets.com

The account creation process in Endurings Markets starts with providing basic information: full name, country, phone, email, and password. You also need to agree to the terms and confirm that you are 18 years old or older. After that, you need to log in to the account using your email and password.

Registration

The dashboard is integrated into the trading platform, or conversely, the platform is embedded in the dashboard. The Endurings Markets personal cabinet allows you to communicate with customer support through an online chat, deposit funds, request withdrawals, view transaction history, change personal data, and upload documents for verification. No demo account is available from the broker.

Endurings Markets - dashboard

In fact, it’s unusual to see such a structure for a personal account. It’s doubtful that it is a convenient solution for traders. It’s more customary for the account to be separate from the trading platform. Moreover, to put it mildly, the interface is generic and simplistic, which again suggests that Endurings Marekts lacks seriousness and credibility.

Verification

Endurings Markets follow AML & KYC policies, so the verification procedure is mandatory for every trader. Document uploads occur through the dashboard in the relevant section. The company requires the following set of documents:

  • A color scan of both sides of the ID card/passport/driving license.
  • A color scan of a utility bill or similar document showing the client’s name, actual residential address, and valid issue date (not older than 3 months). This document is required to confirm the client’s home address.
  • Color copies of the credit/debit card on both sides (for clients activating the account with a card transaction). When sending scanned copies of the card, the client should close the personal CVV code on the back of the document, leaving the rest of the information available. The last 4 digits of the card number must remain visible (on both sides), and the client’s signature on the back of the card must also be visible. The first 12 digits of a debit or credit card number can be hidden.
Pros
  • It’s convenient to upload documents.
Cons
  • They require you to take a picture of your bank card.
  • Verification is mandatory. You cannot trade without KYC.

Trading Software

The Endurings Markets website lacks a description of its trading platform. What we have in front of us is a webtrader, possibly own development. The terminal is extremely simplified and looks outdated and primitive. In the center, there’s a chart from the TradingView service; to the left is the list of assets, and to the right are the trade volume and social trading. An order panel and account information are also available. The language can be switched from English to French, Dutch, German, Italian, and Chinese. Both dark and light themes are available. Clients can earn money on both rising and falling prices and can also set stop-loss and take-profit orders.

Platform

The terminal can hardly be called professional. The platform doesn’t allow for the use of custom indicators, saving settings into templates for future use, or automated trading. Endurings Markets’ platform looks unconventional. It would be great if the company added a well-known and popular alternative, like MetaTrader, which could solve most of the issues and remove limitations.

Features Endurings Markets Kiplar Bithebanx.pro
Demo Account ✔️
Mobile App ✔️ ✔️
Own Development ✔️ ✔️

How Can I Trade With Endurings Markets?

The broker allows trading in a variety of asset classes: forex, commodities, crypto, stocks, indices, and ETFs. However, only CFDs are available; there are no spot or futures assets. Before starting to trade with Endurings Markets, it’s necessary to decide on the type of account. That’s what we will look at now.

All Info About Accounts

Endurings Markets has developed 7 tariffs, differing in minimum deposit size and additional services:

  1. Standard. From $250, standard leverage, platform presentation, personal account assistant.
  2. Bronze. From $3,500. Bonus, 1 insured trade, educational course of beginner level.
  3. Silver. From $10,000. Educational course is more advanced, company financing, and investment strategy.
  4. Gold. From $25,000. The client receives from Endurings Markets more insured trades, better education, and a senior personal manager.
  5. Platinum. From $50,000. In this tariff, the number of additional services increases dramatically: trading signals, order notifications, premium contracts, mutual investment programs, economic events, current trend updates, and other services of better quality.
  6. Pro. From $100,000. Premium customer care, exclusive program, and the same features as in previous tariffs.
  7. VIP. From $250,000. Refined by an Endurings Markets team of specialists for VIP Customers. Feel free to contact your personal advisor for more information.

Account types

The additional services offered at Endurings Markets are diverse and interesting, but they are only available to well-funded clients. Only starting from the “Silver” tariff are there truly worthwhile opportunities offered. However, who would be willing to invest even $10,000 in a little-known and unpopular brokerage firm that operates without licenses? Such traders are likely to be rare. The broker is clearly involved in extortion, offering such a division of account types. Newbies get nothing except a personal account assistant.

Many trading conditions are not even indicated. For example, where are the leverage, size, and type of spreads, and commissions? Endurings Markets hides important parameters but offers more than 10 additional services of questionable quality. Do personal analysts have certificates and licenses? Can they somehow confirm their competence? Do trading signals bring profits? Where is the history of signal results for at least one year? Many questions remain after studying the broker’s terms. It is also unknown whether there are ECN or Islamic accounts. And the high minimum deposit size. $250 is excessive, especially compared to popular platforms where the minimum deposit threshold starts at $10.

Pros
  • None.
Cons
  • High minimum deposit.
  • Endurings Markets is engaged in extortion, as the principle “pay more to get more opportunities” is applied.
  • There is no demo account, and Islamic account.
  • Many terms and conditions are not disclosed.

Market Analysis and Education With Enduringsmarkets.com

The absence of analytical services at Endurings Markets is a significant drawback for traders who rely on comprehensive tools and insights for informed decision-making. Neither the website nor the trading platform provides essential features such as a news feed, an economic calendar, or ready-made technical analysis. The company does offer some basic educational material, introducing new traders to the concepts of technical and fundamental analysis, along with a rather limited glossary containing only 12 terms. However, these resources are hardly enough to compensate for the lack of more robust analytical tools.

Additionally, the broker offers educational and investment programs. There are educational courses for both beginners and experienced traders, as well as five investment plans for different purposes. Detailed terms, such as the minimum investment amount, fees, and costs are missing, which is not even surprising. Overall, Endurings Markets follows a policy of secrecy and opacity. There are many promises and offers, but specifics and details are missing.

Deposit, Withdrawal, and Fees

To replenish the deposit balance in Endurings Markets, you can use credit/debit cards, and bank wire transfers. Such information is indicated in a special section dedicated to depositing, however, digital currencies are also mentioned in the user agreement. Withdrawals are made in the same way as the deposit, and processing requests can take up to 5 business days. Specific commission fees are not indicated; the firm suggests contacting technical support for details. Overall, the information about commissions is vague; they are mentioned in the user agreement, but it is not specified what exactly the fees are for.

Features Endurings Markets Kloredex Trezo Capital
Debit/Credit Cards ✔️ ✔️
Electronic Payments
Crypto Transfers ✔️ ✔️
Deposit Fee ✔️
Withdrawal Fee ✔️

How Can I Contact It?

The official website provides a phone number and email address. Endurings Markets lacks an online chat for quick communication, as well as social media accounts. Office addresses are listed in Singapore and the United Kingdom.

Checking the contact information revealed some interesting points. First, the phone number is in the format 3197010266459, which does not follow international standards. In other words, it’s not even a phone number; it’s just a string of digits signifying something else. Second, the email address turned out to be non-existent. So Endurings Markets gives a fake email.

Email

Endurings Markets is not listed in the Companies House registry, meaning the UK office address is also fake. We didn’t bother to check the Singapore business registry, as it’s clear that the firm doesn’t exist there either.

Endurings Markets - Companies House

Pros
  • None.
Cons
  • Email is fake.
  • The phone of Endurings Markets does not follow the international format. It is not known what the numbers are.
  • There is no online chat for prompt communication.
  • Social media accounts are not created.
  • Office addresses are fictitious.

Is Endurings Markets Dangerous?

At this point, it’s safe to say that the broker raises serious concerns and doubts. Fake contact information, dubious and partially hidden trading conditions, and a rudimentary trading platform – all point to the suspicious activities of the brokerage firm Endurings Markets. What remains is to investigate the company’s operating history and legality to conclude.

How Long Does The Broker Work?

The official website of Endurings Markets lacks a section dedicated to the facts about the company’s activities. Moreover, registration documents are not uploaded, so the date of establishment is unknown. However, based on the domain registration date, one can infer that the platform was launched in May 2023.

Domain

Upon reviewing online feedback, we stumbled upon an interesting situation. The fact is that comments began to appear as early as the fall of 2022, but they mention a broker called “Enduring Markets,” and its website enduringmarkets.com was created in August 2022. What’s even more suspicious is that the email listed on the site we are reviewing is support@enduringmarkets.com, that is, there is no “s” at the end of the word. Most likely, the company previously operated under the name without the “s” at the end and later changed the domain and slightly modified the name.

Therefore, it is presumed that Endurings Markets started operating in August 2022. By the way, on the popular Trustpilot site, where there are also reviews about the organization, a note reads: “We’ve removed a number of fake reviews for this company”. It means the broker is also involved in publishing fake reviews.

How Is Endurings Markets Regulated?

The broker provides no information about regulation. We can check the registries of financial regulators MAS (Singapore) and FCA (United Kingdom), as the company’s offices are supposedly located in these jurisdictions. We found no mention of Endurings Markets in either registry, indicating the absence of a license and, consequently, illegal activity.

Endurings Markets - FCA

Features Endurings Markets FxPro Clark Financial
European Zone ✔️
Asian Zone
American Zone
African Zone ✔️
Offshore ✔️

Frequently Asked Questions (FAQ)

How to Trade With Endurings Markets?

First, you need to create an account on the broker's official website. After that, you'll need to upload documents for KYC verification, and then fund your deposit account. Only then can you start trading.

Is Endurings Markets Legit?

No, the company is operating illegally. The firm has provided fake office addresses and also lacks a license.

How Risky Is It?

It's not advisable to engage with illegal brokers like Endurings Markets. Sooner or later, such firms deceive traders and prevent them from withdrawing their money.
Kevin Berry
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Expert Opinion

We are dealing with a company that changes its websites and names like gloves. What will come after Endurings Markets? What will scammers come up with next to once again swindle trusting traders out of their money? From the very beginning, it was clear that we were dealing with a fake platform. First, there was the generic design, then the unreasonable trading conditions with a high minimum deposit and no demo account, followed by fake contact details. In the end, it turned out that the fraudsters bought fake positive reviews about themselves and published them on the internet. Moreover, they had a different website earlier, and they updated it to the current one in May 2023. In short, it is a blatant scam, and transferring money here should be avoided at all costs.

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Endurings Markets rating

The level of trust
Quick withdrawal of funds
Efficiency of technical support
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The level of trust
Quick withdrawal of funds
Efficiency of technical support

4 reviews about Endurings Markets

Dwar September 6, 2023 - 10:39
Scambroker buys fake reviews
The level of trust
Quick withdrawal of funds
Efficiency of technical support

Where did the positive reviews come from? I don’t understand. Endurings Markets steal money from people. It’s obvious that any positive review about the firm will be fake. So don’t believe these scammers.

Reply
Ivan Dreko September 11, 2023 - 01:24
What's there to comment on? enduring markets is fake and fraud.
The level of trust

I won’t write much about endurings markets. I’ll just say that the company operates illegally and is involved in spreading fakes. The addresses in Singapore and the United Kingdom are fake, as is the phone number and email. The entire organization is fake; it doesn’t exist. The broker is unlicensed, and it has only been in operation for a year. It’s a fraud scheme, not a broker.

Reply
RollingStone September 14, 2023 - 16:02
Scammers who do not contact me and do not withdraw my money
Quick withdrawal of funds
Efficiency of technical support

There’s nothing worse than falling into the trap of a fraudulent forex broker. I invested all my money into Endurings Markets. Well, not all, just my entire savings, amounting to $2,000. Unsurprisingly, there were no profits. Trade after trade ended in losses, and my deposit gradually dwindled. After trading for a short time, I realized it was a dead-end and decided to save what was left. I requested to withdraw the remaining $1,500. That’s when the real trouble began. Endurings Markets did not process my withdrawal request. The money is still hanging in the balance, unprocessed. I don’t know how to contact the broker’s management because the contact details turned out to be fake. I learned this only when I wanted to withdraw my money. Unfortunately, I should have researched all this earlier. Several months have passed, and I still haven’t received my money. I’ve come to terms with the loss, but it’s regrettable to have lost such a significant sum. Now you know for sure that Endurings Markets is fraud and a scam.

Reply
CatMouse September 18, 2023 - 12:45
Scammers cheat gullible traders
The level of trust
Quick withdrawal of funds
Efficiency of technical support

The brokerage firm Endurings Markets is engaged in fraud. Instead of proper advertising, the scambrokers buy fake reviews online, hoping to find a naive trader who will believe in these tales and invest money in their scam platform. It’s a typical fraud scheme, nothing more. Note that they have no licenses, despite the two listed headquarters. By the way, those headquarters are also fake. The broker has no offices in these countries. I assume that Endurings Markets has no offices anywhere, neither in Singapore nor in the United Kingdom nor anywhere else. It is a nonexistent fraudulent organization whose goal is to scam and steal money from trusting people.
So you shouldn’t collaborate with such a company. There’s nothing safe or verified here. Such fake companies will just steal the money you’ve earned through honest labor.

Reply

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