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Fake Exclusive Markets

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Operating status: SCAM

Website: https://globalexclusivemarkets.com/

Broker violations and abnormal records
  • 2023-08-13 The Seychelles FSA issues a warning against Fake Exclusive Markets

    On August 14, 2023, the Financial Services Authority of Seychelles (FSA) issued a warning against Fake Exclusive Markets, saying the website https://globalexclusivemarkets.com/ is not linked to any entity licensed or regulated by the FSA in any capacity. https://fsaseychelles.sc/media-corner/regulatory-updates/unauthorized-use-of-websites-the-unlawful-website-6

    On August 14, 2023, the Financial Services Authority of Seychelles (FSA) issued a warning against Fake Exclusive Markets, saying the website https://globalexclusivemarkets.com/ is not linked to any entity licensed or regulated by the FSA in any capacity. https://fsaseychelles.sc/media-corner/regulatory-updates/unauthorized-use-of-websites-the-unlawful-website-6
  • 2023-08-14 BrokersView has reviewed that Fake Exclusive Markets is an unregulated broker

    Fake Exclusive Markets copies the logo and the regulatory information of the real one to impersonate a legitimate platform licensed by the Financial Services Authority of Seychelles (FSA). Therefore, the Seychelles FSA issued a warning against the fake platform, saying the website https://globalexclusivemarkets.com/ is not linked to any entity licensed or regulated by the FSA in any capacity.

    As such, Fake Exclusive Markets has no association with the Seychelles FSA licensed company, Exclusive Markets Ltd, and is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Fake Exclusive Markets copies the logo and the regulatory information of the real one to impersonate a legitimate platform licensed by the Financial Services Authority of Seychelles (FSA). Therefore, the Seychelles FSA issued a warning against the fake platform, saying the website https://globalexclusivemarkets.com/ is not linked to any entity licensed or regulated by the FSA in any capacity.As such, Fake Exclusive Markets has no association with the Seychelles FSA licensed company, Exclusive Markets Ltd, and is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Related Complaints

Q&A

Greetings, Im not sure about whether Fake Exclusive Markets is regulated or not. Can you help me?

Saeid Rist
Guyana
2023-09-10
ANSWER Fake Exclusive Markets is not regulated.Fake Exclusive Markets's fraudulent activities have drawn a warning from the Financial Services Authority of Seychelles (FSA). The scam broker copied the logo and the regulatory information of a legtimate counterpart, licensed by the Seychelles FSA, to pretend to be an authorized firm to get an advantage. Therefore, to warn the public of the fraudster, the Seychelles FSA issued the warning, saying the Fake Exclusive Markets which operates website https://globalexclusivemarkets.com/ is not linked to any entity licensed or regulated by the FSA in any capacity.Therefore, Fake Exclusive Markets is an unregulated broker and we strongly suggest avoid it. Entrusting the platform with investors' funds and personal information is highly risky, as there are no rules in place to safeguard them. If any violation occurs, traders are vulnerable and helpless. To mitigate such risks, we highly recommend choosing a fully regulated broker.
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