Can I invest with JP Markets?

https://www.jpmarkets.co.za/

Dear Investor,

JP Markets claims to be operated by JP Markets SA (Pty) Ltd, which is reportedly authorised by the Financial Sector Conduct Authority (FSCA), although it was previously suspended. Currently, the status of this licence is "authorised", meaning that it is active again. However, it is important to note that the FSCA does not publicly disclose the domain names or websites of its licensees, which makes it difficult to verify whether the firm in question is genuinely linked to the licensed entity.

Meanwhile, the FSCA is considered an offshore regulator with relatively lenient oversight and limited investor protection. This means that holding an FSCA licence alone does not provide comprehensive safeguards for your investments.

Therefore, we recommend that you exercise caution when dealing with this broker. Be sure to conduct thorough due diligence before deciding to invest.