Breakaway Market
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Broker violations and abnormal records
On Jan 15, 2026, the Financial Conduct Authority (FCA) issued a warning regarding Breakaway Market, suspecting that this company may be offering financial services or products without the necessary authorization. https://www.fca.org.uk/news/warnings/breakaway-market
On Jan 15, 2026, the Financial Conduct Authority (FCA) issued a warning regarding Breakaway Market, suspecting that this company may be offering financial services or products without the necessary authorization. https://www.fca.org.uk/news/warnings/breakaway-marketAccording to its website, it claims to be registered in St. Lucia and states at the bottom that it is an authorized representative of Opheleo Holdings Pty Ltd (AFSL No. 224485). However, our investigation revealed that Breakaway Market's website does not match the registered address of the authorized representative company as listed with ASIC. Therefore, it is clear that Breakaway Market stole information from a compliant company. Furthermore, it is well known that St. Lucia does not have the authority to regulate foreign exchange. Additionally, the Financial Conduct Authority (FCA) issued a warning regarding Breakaway Market, suspecting that this company may be offering financial services or products without the necessary authorization.
In fact, Breakaway Market is not regulated by any authority. Therefore, Breakaway Market is a scam. 
According to its website, it claims to be registered in St. Lucia and states at the bottom that it is an authorized representative of Opheleo Holdings Pty Ltd (AFSL No. 224485). However, our investigation revealed that Breakaway Market's website does not match the registered address of the authorized representative company as listed with ASIC. Therefore, it is clear that Breakaway Market stole information from a compliant company. Furthermore, it is well known that St. Lucia does not have the authority to regulate foreign exchange. Additionally, the Financial Conduct Authority (FCA) issued a warning regarding Breakaway Market, suspecting that this company may be offering financial services or products without the necessary authorization. In fact, Breakaway Market is not regulated by any authority. Therefore, Breakaway Market is a scam.
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