- 2026-05-26 BrokersView has found that EXO Markets appears to be a scam
EXO Markets claims to be operated by EXO MARKETS (Pty) Ltd, which is authorized by the Financial Services Conduct Authority (FSCA). However, our search of the official FSCA licensee register found no record of EXO MARKETS (Pty) Ltd. The licensed entity under the license number does not match EXO MARKETS (Pty) Ltd, either. This discrepancy strongly suggests that the firm’s regulatory claims are inaccurate or deliberately misleading.
Besides, EXO Markets does not provide any other licensing information. Until verifiable evidence of legitimate authorization is provided, we assess EXO Markets as a likely unlicensed or fraudulent broker and advise extreme caution.
EXO Markets claims to be operated by EXO MARKETS (Pty) Ltd, which is authorized by the Financial Services Conduct Authority (FSCA). However, our search of the official FSCA licensee register found no record of EXO MARKETS (Pty) Ltd. The licensed entity under the license number does not match EXO MARKETS (Pty) Ltd, either. This discrepancy strongly suggests that the firm’s regulatory claims are inaccurate or deliberately misleading.
Besides, EXO Markets does not provide any other licensing information. Until verifiable evidence of legitimate authorization is provided, we assess EXO Markets as a likely unlicensed or fraudulent broker and advise extreme caution.
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