Scan to download
It is more convenient and faster to find brokers and complain
Fotmarkets
Regulators: Mauritius FSC
https://fotmarkets.com/
Dear Investor,
Fotmarkets claims to be operated by FOT Limited, which is authorized by the Financial Services Commission (FSC) in Mauritius. A search of the Mauritius FSC’s licensing register does show a matching company. However, the Mauritius FSC does not publicly disclose the domain names or websites of its licensees, making it difficult to independently verify whether the firm you're dealing with is genuinely linked to the licensed entity.
Additionally, Fotmarkets also states that FOT Solutions Ltd, registered in Cyprus, is part of the FOT Limited group. However, there is no record of FOT Solutions Ltd being regulated or authorized by the Cyprus Securities and Exchange Commission (CySEC), which raises further concerns about its legitimacy and regulatory standing.
Meanwhile, please note that the Mauritius FSC is considered an offshore regulator with relatively lenient oversight and limited investor protection. This means that holding an FSC license alone does not provide comprehensive safeguards for your investments.
Therefore, we recommend that you still exercise caution when dealing with this broker. Be sure to conduct thorough due diligence before deciding to invest.
I'd like to know about the license of Binomo, can you please confirm it for me?
Is Esplanade-MS a licensed investment broker or not?
Can I deal with Toptrade? Please confirm it for me.
Is SM-INVEST a regulated broker in Belize?How would you rate this broker?
Is DK Trade a trustable firm to deal with?
I am wondering whether CMG is a regulated platform or not. Could you review this broker?
What is your professional assessment of Primotrade? Would you say it's a trustworthy broker?
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.
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.


Comments