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Operating status: SCAM
Website: https://ciscoglobalmarkets.com/
On 16 Jan 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that CISCO GLOBAL MARKETS may be providing financial services or products in the UK without authorization. You may visit: https://www.fca.org.uk/news/warnings/cisco-global-markets
CISCO GLOBAL MARKETS claims to be authorized and regulated by multiple regulatory bodies, including:
1) The Cyprus Securities and Exchange Commission (CySEC) with license number 192/12;
2) The Financial Sector Conduct Authority (FSCA) of South Africa under FSP number 46687;
3) The United Kingdom Financial Conduct Authority (FCA);
4) The Mauritius Financial Services Commission (Mauritius FSC).
However, we did not find any match results to this broker in CySEC, FSCA, or Mauritius FSC. What's more, when we searched in FCA, we only found a warning against Pro FX Trading for providing financial services or products in the UK without authorization.
The truth is, CISCO GLOBAL MARKETS is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.
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