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MarketFXM

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Operating status: SCAM

Website: https://marketfxm.com/

Broker violations and abnormal records
  • 2022-09-06 The UK FCA Added MarketFXM into Its Warnings

    On 7 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that MarketFXM is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/marketfxm


    On 7 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that MarketFXM is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/marketfxm
  • 2022-09-07 BrokersView has Reviewed that MarketFXM is an Unregulated Forex Broker

    MarketFXM, operated by TRADE MARKET CAPITAL LIMITED, claims to be registered in the UK. So we searched Companies House of United Kingdom (CH) and found a matching result. However, please be informed that CH does not regulate forex brokers or issue forex licenses. So having registration does not mean being authorized to provide financial services. 

    As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against this broker in UK FCA.

    The truth is that MarketFXM is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    MarketFXM, operated by TRADE MARKET CAPITAL LIMITED, claims to be registered in the UK. So we searched Companies House of United Kingdom (CH) and found a matching result. However, please be informed that CH does not regulate forex brokers or issue forex licenses. So having registration does not mean being authorized to provide financial services. As per United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against this broker in UK FCA.The truth is that MarketFXM is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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