ANSWER ScroMarket is an unlicensed brokerThe broker presents a vague claim of being licensed by a Financial Services Authority. However, it fails to specify the jurisdiction under which it falls, thereby obstructing the verification of this claim. Considering its alleged location in the US, we undertook a search in the National Futures Association (NFA) register, in line with US financial regulations. The absence of any matching records implies that ScroMarket is not under the NFA's supervision.ScroMarket's operation in an unregulated environment poses significant risks to investors. To protect their hard-earned money from potential fraud schemes, investors are strongly advised to steer clear of ScroMarket and instead, choose brokers who are fully regulated.
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