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FMS Markets

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Operating status: SCAM

Website: https://fmsmarkets.com/

Broker violations and abnormal records
  • Nov 23, 2022 BrokersView has reviewed that FMS Markets is an unregulated forex broker

    FMS Markets claims to be owned and operated by FMS Markets Commercial Brokers LLC, a company registered and regulated in Dubai, United Arab Emirates by the Dubai Department of Economic Development (DED). We indeed find a match result to this company in DED, but please be informed that DED does not regulate entities engaging in financial derivatives services. Besides, we did not find any match results to this broker in the financial regulator of Dubai - the Dubai Financial Services Authority (DFSA).  The truth is, FMS Markets is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    FMS Markets claims to be owned and operated by FMS Markets Commercial Brokers LLC, a company registered and regulated in Dubai, United Arab Emirates by the Dubai Department of Economic Development (DED). We indeed find a match result to this company in DED, but please be informed that DED does not regulate entities engaging in financial derivatives services. Besides, we did not find any match results to this broker in the financial regulator of Dubai - the Dubai Financial Services Authority (DFSA). The truth is, FMS Markets is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
  • Nov 24, 2025 BrokersView has identified that FMS Markets's website is currently offline

    BrokersView found that the domain "https://fmsmarkets.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

    BrokersView found that the domain "https://fmsmarkets.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Related Complaints

Q&A

Scam?

Jafar Calley
Indonesia
Jan 13, 2025
ANSWER Dear Investor, Thank you for reaching out to us. We want to inform you that FMS Markets is suspected to be a scam. FMS Markets claims to be registered with the Dubai Department of Economic Development (DED) under license number 1099628. However, our investigation suggests that this license has been expired, and the claimed registration cannot be validated. Additionally, we have not found any records to support their purported registration with the Dubai Chamber of Commerce. For FMS Markets to operate legitimately in the forex market as a broker, it is required to obtain the necessary authorization. Unfortunately, we found no information indicating that it is properly authorized. Therefore, FMS Markets cannot be considered a legitimate or regulated broker. We strongly advise investors to exercise extreme caution and stay away from it.
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Does this broker safe to trade with?

bill
Haiti
Dec 14, 2022
ANSWER FMS Markets is not a licensed or regulated broker even though it states offers that look good to be true. FMS Markets claims to be owned and operated by FMS Markets Commercial Brokers LLC, a company registered and regulated in Dubai, United Arab Emirates by the Dubai Department of Economic Development (DED). We indeed find a match result to this company in DED, but please be informed that DED does not regulate entities engaging in financial derivatives services. Besides, we did not find any match results to this broker in the financial regulator of Dubai - the Dubai Financial Services Authority (DFSA). The truth is, FMS Markets is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like FMS Markets and trade with licensed brokers.
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1 comments

Jacky Pham
Dear brockersview, We see a lot of violations from incorrect information from the boards.Please click here to view and download the license.How to check the license of the Dubai government and Dubai Chamber of Commerce as the link of the e-government page as follows: Then scroll down find the * search license information*, Then input license number 1099628 , then click: search, website : https://eservices.dubaided.gov.ae/Security.fmsmarkets is posted on mainstream media sites and please update more on mainstream media sites for more information, such as Yahoo, MarketWatch, tradingview, Bloomberg.Tel: +84918131779
Jan 12, 2025
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