Is there any issue with Foti Markets?

Can I consider working with them?

Dear Investor,

Foti Markets claims to be headquartered in Comoros and operates under the name Foti Capital Ltd, allegedly authorized by the Union of Comoros Offshore Finance Authority (UCOFA). However, our investigation indicates that the correct regulatory body should be the Anjouan Offshore Finance Authority (AOFA).

A search of AOFA’s license registry confirms the existence of a registered entity with a matching name. That said, the registry does not disclose the entity’s website or any associated brand names, making it impossible to independently verify whether the Foti Markets platform is genuinely linked to the licensed entity.

Moreover, AOFA is widely regarded as a weak regulator, offering minimal investor protection and lacking credibility.

It’s also worth noting that Foti Markets does not appear to be supervised or authorized by any mainstream financial regulatory authority. Given these serious concerns, we strongly advise against engaging with this broker.