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Pioneer Markets

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Operating status: SCAM

Website: https://pioneermarkts.com/

Broker violations and abnormal records
  • 2025-04-07 The BCSC issued a warning against Pioneer Markets

    On April 8, 2025, the British Columbia Securities Commission (BCSC) issued a warning that Pioneer Markets was providing financial services or products without authorisation. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2025/pioneer-markets

    On April 8, 2025, the British Columbia Securities Commission (BCSC) issued a warning that Pioneer Markets was providing financial services or products without authorisation. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2025/pioneer-markets
  • 2025-04-08 BrokersView has reviewed that Pioneer Markets is an unregulated broker

    It claims on its website that it is affiliated with TCW Group and is registered in St. Lucia. As we all know, St. Lucia does not have the right to regulate foreign exchange. More importantly, the British Columbia Securities Commission (BCSC) issued a warning that Pioneer Markets was providing financial services or products without authorisation.

    In essence, Pioneer 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. Pioneer Markets appears to be a scam.

    It claims on its website that it is affiliated with TCW Group and is registered in St. Lucia. As we all know, St. Lucia does not have the right to regulate foreign exchange. More importantly, the British Columbia Securities Commission (BCSC) issued a warning that Pioneer Markets was providing financial services or products without authorisation. In essence, Pioneer 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. Pioneer Markets appears to be a scam.

Related Complaints

Q&A

Is Pioneer Markets a reliable broker?

Palofha
Luxembourg
2025-04-10
ANSWER Dear Investor, Pioneer Markets is not a legitimate forex broker. The platform serves as a forex broker, but merely relies on the claimed registration in St. Lucia to appear authentic, which cannot constitute a valid financial license. The British Columbia Securities Commission (BCSC) has issued a warning about Pioneer Markets for providing investment services without being properly registered. Given these points, Pioneer Markets cannot be considered a reliable broker. We strongly advise against trading with Pioneer Markets to protect your investments.
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