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Crib Markets is a big fraud do not deposit with them
Prakash Kumar Suprun
Saudi Arabia
Aug 04, 2025
ANSWER Dear Investor, Crib Markets claims to be authorized by the Financial Services Commission (FSC) of Mauritius under license number GB23201631. While a matching entity appears on the FSC’s official register, the regulator does not disclose domain names or websites linked to its licensees, making it difficult to verify whether the online platform is genuinely affiliated with the licensed firm. Notably, the Mauritius FSC is considered an offshore regulator with relatively light oversight and limited investor protection, meaning its license alone does not ensure strong safeguards for investors. Crib Markets also claims to operate in the UAE, but our research indicates it does not hold a valid brokerage license from key UAE regulators, such as the Securities and Commodities Authority (SCA) or the Central Bank of the United Arab Emirates (CBUAE). Given these concerns, we advise exercising caution when dealing with this broker. Therefore, if you are experiencing issues with this broker, we recommended that you report this to your local authorities. Gather all relevant evidence, including transaction records, chat logs and screenshots. In addition, you may file a complaint on our official website here, where our team will carefully review your case and provide guidance or explore potential solutions. Meanwhile, beware of recovery scams. Fraudsters often exploit such situations by offering fake recovery services in exchange for upfront fees. Always verify the legitimacy of anyone offering assistance.
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Hedging allowed?
Graham Alkema
Kenya
Dec 27, 2022
ANSWER Crib Markets is not a regulated or licensed broker for traders even though it states offers that look good to be true.Crib Markets claims to be an experienced broker registered in St. Vincent & Grenadines (SVG FSA) with registration number 13520657 and with the US National Futures Association (NFA) under an NFA ID: 0552052.First, we indeed find a match result to Crib Markets in SVG FSA, but the registration number of this company does not match the one presented on the broker's website. That means the registration information of SVG FSA which this broker claims on its website are suspicious.Second, we indeed found a matching result in NFA's registry, however, Crib Markets is not overseen by NFA as it is not an approved member of the regulator. As a forex trader, you must bear in mind that if a broker claims to be eligible to solicit US customers in forex activities, it must: 1) be accredited as an approved Forex Dealer Member of NFA; 2) be admitted as a "retail forex exchange dealer." Crib Markets doesn't satisfy these conditions. The truth is, Crib 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 Crib Markets and trade with licensed brokers.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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