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FOREIGNMARKETOPTIONS LIMITED (FMO)

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Operating status: SCAM

Website: https://www.foreignmarketoptions.com/

Broker violations and abnormal records
  • 2024-07-24 The FCA adds FOREIGNMARKETOPTIONS LIMITED (FMO) to its warning list

    On July 25, 2024, the Financial Conduct Authority (FCA) issued a warning against FOREIGNMARKETOPTIONS LIMITED (FMO), believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/foreignmarketoptions-limited-fmo

    On July 25, 2024, the Financial Conduct Authority (FCA) issued a warning against FOREIGNMARKETOPTIONS LIMITED (FMO), believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/foreignmarketoptions-limited-fmo
  • 2024-07-29 BrokersView has reviewed that FOREIGNMARKETOPTIONS LIMITED (FMO) is an unregulated broker

    FOREIGNMARKETOPTIONS LIMITED (FMO) fails to provide any regulatory information to substantiate its legitimacy. This is a big warning sign. Despite claiming to be located in the UK, the broker has been warned by the Financial Conduct Authority (FCA) for providing financial services in the country without authorization.

    In essence, FOREIGNMARKETOPTIONS LIMITED (FMO) is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    FOREIGNMARKETOPTIONS LIMITED (FMO) appears to be a scam.

    FOREIGNMARKETOPTIONS LIMITED (FMO) fails to provide any regulatory information to substantiate its legitimacy. This is a big warning sign. Despite claiming to be located in the UK, the broker has been warned by the Financial Conduct Authority (FCA) for providing financial services in the country without authorization.In essence, FOREIGNMARKETOPTIONS LIMITED (FMO) is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.FOREIGNMARKETOPTIONS LIMITED (FMO) appears to be a scam.

Related Complaints

Q&A

Can I deposit a little at first on FOREIGNMARKETOPTIONS?

Leigh
Australia
2024-08-01
ANSWER We strongly suggest you do not risk any real money. FOREIGNMARKETOPTIONS LIMITED (FMO) cannot be trusted as it is an unregulated broker.There is no regulatory information on the website of FOREIGNMARKETOPTIONS LIMITED (FMO). Despite claiming to be located in the UK, the company has received a warning from the Financial Conduct Authority (FCA) for lacking the required authorization.Therefore, FOREIGNMARKETOPTIONS LIMITED (FMO) is risky. Your money entrusted to it might be gone. To protect yourself from fraud schemes, it is strongly advised to steer clear of unregulated brokers like FOREIGNMARKETOPTIONS LIMITED (FMO) and instead choose fully regulated ones.
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