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Fargo Markets

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Operating status: SCAM

Website: https://www.fargomarkets.com/

Broker violations and abnormal records
  • 2024-09-18 The Swiss FINMA adds Fargo Markets to its warning list

    On September 19 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Fargo Markets, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warnungen/warning-list/fargo-markets/

    On September 19 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Fargo Markets, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warnungen/warning-list/fargo-markets/
  • 2024-09-19 BrokersView has reviewed that Fargo Markets is an unregulated broker

    According to its website, it is located in the Switzerland. Upon investigation, we found that the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Fargo Markets, stating that this broker is not entered in its commercial register.

    In essence, Fargo Markets 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.

    Fargo Markets appears to be a scam.

    According to its website, it is located in the Switzerland. Upon investigation, we found that the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Fargo Markets, stating that this broker is not entered in its commercial register.In essence, Fargo Markets 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.Fargo Markets appears to be a scam.

Related Complaints

Q&A Complaints

Is Fargo Markets a licensed platform?

Stephen K
Namibia
2024-09-23
ANSWER Dear Investor,We are concerned that Fargo Markets is an unlicensed trading platform.The company does not provide valid licensing information to substantiate its legitimacy. While it claims to operate in Switzerland, the Swiss Financial Markets Authority (FINMA) has issued a warning about Fargo Markets for not being in the commercial register.Therefore, we strongly suggest you avoid using Fargo Markets due to its unlicensed status. For a safer trading environment and peace of mind, we recommend opting for fully regulated brokers.
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1 comments

Mary james
I will advice everyone all over the world to stop wasting their money on fake brokers and scammers who promise you instant cash out. it's not as easy as you think. Please try to stay off because you would loose money. People who have lost money are so much and it gives a bad name to real investors. If you really lost alot of money in the name of bitcoin mining and binary option trading because you kept meeting the wrong managers. I work with recovery expert/consultants. He help people recover money they have lost from binary options crypto currency trading and bitcoin investment. You can reach him out on via( lucassalex11 @gmail.com) and he will guide you on steps to take to recover all your lost money just in 5 working days
7 hours ago
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