ANSWER Dear Investor,
SR Global Markets claims to be operated by SR Global Markets Ltd, which is authorized by the Financial Services Commission (FSC) in Mauritius. While a search of the Mauritius FSC's licensing register does show a matching company, the regulator does not publicly disclose the domain names or websites of its licensees, making it difficult to verify whether the firm is genuinely linked to the licensed entity. Furthermore, the Mauritius FSC is considered an offshore regulator with relatively lenient oversight and limited investor protection, meaning that holding an FSC license alone does not provide comprehensive safeguards for your investments.
Secondly, SR Global Markets also claims to operate under the brand name SRFX Financial Consultation, which is supposedly licensed by the UAE Capital Market Authority (UAE CMA). However, we were unable to find any record of this regulation in our search. Therefore, we remain skeptical regarding this claim until its authenticity can be verified.
Given that the platform is likely supervised by an offshore regulator and has not been fully verified, and considering we could not confirm the claimed UAE CMA regulation, we recommend that you exercise caution when dealing with this broker. Be sure to conduct thorough due diligence before deciding to invest.
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