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Solana Markets

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Operating status: SCAM

Website: https://www.solana-markets.com/; https://solana-markets.net/

Broker violations and abnormal records
  • 2022-10-11 The UK FCA Added Solana Markets into Its Warnings

    On 12 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Solana Markets was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/solana-markets


    On 12 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Solana Markets was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/solana-markets
  • 2022-10-13 BrokersView has Reviewed that Solana Markets is an Unregulated Forex Broker

    Solana Markets claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. 

    According to its website, the broker has offices in Australia and the UK. 

    First, we searched Australian Securities & Investment Commission (ASIC) but found no matching results. That means the broker is not regulated in Australia.

    Moreover, we searched the United Kingdom Financial Conduct Authority (UK FCA) and found a warning against this broker. The regulator issued a warning that Solana Markets was providing financial services or products in the UK without authorisation. 

    The truth is that Solana Markets 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.

    Solana Markets claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. According to its website, the broker has offices in Australia and the UK. First, we searched Australian Securities & Investment Commission (ASIC) but found no matching results. That means the broker is not regulated in Australia.Moreover, we searched the United Kingdom Financial Conduct Authority (UK FCA) and found a warning against this broker. The regulator issued a warning that Solana Markets was providing financial services or products in the UK without authorisation. The truth is that Solana Markets 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.
  • 2023-08-09 The UK FCA updates its warning against Solana Markets

    On August 10, 2023, the Financial Conduct Authority (FCA) updated its warning against Solana Markets, cautioning the public of  the new domain. https://www.fca.org.uk/news/warnings/solana-markets

    On August 10, 2023, the Financial Conduct Authority (FCA) updated its warning against Solana Markets, cautioning the public of  the new domain. https://www.fca.org.uk/news/warnings/solana-markets

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