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Funda Markets

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Operating status: SCAM

Website: https://fundamarkets.com/

Broker violations and abnormal records
  • Jul 29, 2025 BrokersView has found that Funda Markets appears to be a scam

    An investigation into Funda Markets reveals that its claims of regulatory oversight are unsubstantiated. Although the firm displays an NFA license, no such registration exists in the NFA’s official records. It states it is operated by FM Limited and regulated by the St. Vincent & the Grenadines Financial Services Authority (SVG FSA), but the SVG FSA has publicly clarified that it does not regulate forex trading entities, and while a related entity, FunDa Markets Limited, is listed, this does not imply legitimate oversight. Additionally, its Money Services Business (MSB) registration with Canada’s FINTRAC is valid but does not constitute regulatory supervision of forex activities. Overall, Funda Markets is not regulated by any credible financial authority, posing substantial risks to investors.

    An investigation into Funda Markets reveals that its claims of regulatory oversight are unsubstantiated. Although the firm displays an NFA license, no such registration exists in the NFA’s official records. It states it is operated by FM Limited and regulated by the St. Vincent & the Grenadines Financial Services Authority (SVG FSA), but the SVG FSA has publicly clarified that it does not regulate forex trading entities, and while a related entity, FunDa Markets Limited, is listed, this does not imply legitimate oversight. Additionally, its Money Services Business (MSB) registration with Canada’s FINTRAC is valid but does not constitute regulatory supervision of forex activities. Overall, Funda Markets is not regulated by any credible financial authority, posing substantial risks to investors.

Related Complaints

Q&A

Over a month since the Funda Markets withdrawal—still no word.

Sherry78
United States of America
Jul 29, 2025
ANSWER Dear Investor, Our investigation into Funda Markets reveals that, despite claims of being regulated by multiple financial authorities, these assertions are unsubstantiated. The firm displays an National Futures Association(NFA) license on its website, but no such registration can be verified in the NFA’s official records, which indicates a likely false claim. It also states it is operated by FM Limited and regulated by the Financial Services Authority (FSA) of St. Vincent & the Grenadines. While we did locate a listing for a related entity named FunDa Markets Limited on the SVG FSA’s official website, it is important to note that the SVG FSA has publicly clarified that it does not regulate or license entities engaged in forex trading activities. Additionally, Funda Markets references a Money Services Business (MSB) registration with the Financial Transactions and Reports Analysis Center of Canada (FINTRAC). While technically accurate, this status does not constitute regulatory supervision of forex operations. In reality, Funda Markets is not regulated by any legitimate financial authority, posing significant risks to its investors. If you have been affected, we strongly encourage you to report the matter to your local authorities and gather all relevant evidence—such as transaction records, chat logs, and screenshots. You may also file a complaint through our official website here, where our team will review your case and provide appropriate support. Please remain cautious of recovery scams. Fraudsters often take advantage of such situations by offering fake recovery services in exchange for upfront fees. Always verify the legitimacy of any party offering assistance.
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I wanna know its license. Thanks.

Carly Light
Macedonia
Jun 19, 2023
ANSWER Funda Markets is an unregulated broker that we advise against trading with despite the seemingly attractive deals it offers.Funda Markets claims to be registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under registration number 26822 IBC 2022. While it is true that we found matching records in the SVG FSA register, investors must be aware that the offshore financial watchdog has explicitly stated that it neither issues licenses for forex trading or brokerage nor regulates entities involved in such activities. As such, the financial services or products offered by Funda Markets remain unsupervised by the relevant regulatory body.Regarding your question, Funda Markets only holds a license from the SVG FSA, which still cannot support its legitimacy. This is an unregulated trading platform with significant risks including financial losses and identity theft, as there are no rules in place to safeguard investors. Therefore, we strongly suggest investors stay away from unregulated brokers like Funda Markets and choose fully regulated ones instead.
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3 comments

Funai Malaysia
Trading easy. But withdrawal need to be approved by "system". Always rejected. Suck.!Agent seems only target on asking customer/trader to making more deposit more and more.. When come to withdrawal, it near to impossible..!
Jun 30, 2025
Reply
Funai Malaysia
Funda Markets has no credible regulation, has been flagged by SC Malaysia, and is considered high-risk or outright scam by many independent reviewers. I’d strongly advise steering clear.
Jun 30, 2025
Reply
Kamil Aboul Hosn
They seem trustworthy and haven't let me down. Good support.
Aug 09, 2022
Reply
Wardell HMER
The deposit and withdrawal are smooth, the trading is not stuck, and the customer service is more patient and professional
Jul 17, 2022
Reply
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