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FCS Markets

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Operating status: SCAM

Website: https://fcs-markets.com/

Broker violations and abnormal records
  • 2022-04-12 The UK FCA Added FCS Markets into Its Warnings

    On 11 April 2022, FCA added FCS Markets to its alert list, saying that the firm is a clone firm by using some correct details of the FCA-supervised firm. You may visit: https://www.fca.org.uk/news/warnings/fc-markets-limited-fcmarkets-ltd-clone-fca-authorised-firm

    On 11 April 2022, FCA added FCS Markets to its alert list, saying that the firm is a clone firm by using some correct details of the FCA-supervised firm. You may visit: https://www.fca.org.uk/news/warnings/fc-markets-limited-fcmarkets-ltd-clone-fca-authorised-firm
  • 2022-04-12 BrokersView has reviewed that FCS Markets is an Unregulated Forex Broker

    As a UK-based forex company, FCS Markets claims to be regulated by the FCA under the name - FCS Capital Markets Limited and license number 772626. When searching on the financial authority’s register, we did find an FCA-supervised firm with that name and that license number– but with a completely different website, phone number and email. In addition, we also found out that the FCA has recently marked FCS Markets(or FC Markets Limited) as a clone firm of the licensed company.

    What’s more, we found the company was newly created in January 2022, just a few months ago.

    These proofs make it clear: FCS Markets is not a regulated broker. That means investors' funds in the broker is unsafe and cannot be protected by any laws. Therefore, it is a scam.

    As a UK-based forex company, FCS Markets claims to be regulated by the FCA under the name - FCS Capital Markets Limited and license number 772626. When searching on the financial authority’s register, we did find an FCA-supervised firm with that name and that license number– but with a completely different website, phone number and email. In addition, we also found out that the FCA has recently marked FCS Markets(or FC Markets Limited) as a clone firm of the licensed company.What’s more, we found the company was newly created in January 2022, just a few months ago.These proofs make it clear: FCS Markets is not a regulated broker. That means investors' funds in the broker is unsafe and cannot be protected by any laws. Therefore, it is a scam.
  • 2022-05-09 The British Columbia BCSC Added FCS Markets into Its Warnings

    On 10 May 2022, the British Columbia Securities Commission (BCSC) issued a warning that FCS Markets is not registered to trade in, or advise on, securities or derivatives in BC. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2022/fcs-markets

    On 10 May 2022, the British Columbia Securities Commission (BCSC) issued a warning that FCS Markets is not registered to trade in, or advise on, securities or derivatives in BC. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2022/fcs-markets

Related Complaints

Q&A

What are the accepted payment method if I resided in Bulgaria?

AliyuArma
Bulgaria
2022-04-20
ANSWER FCS Markets is not legitimate and should be avoided at all events. As a UK-based forex company, FCS Markets claims to be regulated by the Financial Conduct Authority (FCA) under the name - FCS Capital Markets Limited and license number 772626. When searching on FCA's register, we did find an FCA-supervised firm with that name and that license number– but with a completely different website, phone number and email. In addition, we also found out that the FCA has recently added FCS Markets (or FC Markets Limited) into its alert list to warn the public that this broker is a clone firm of the licensed company.What's more, we found the company was newly created in January 2022, just a few months ago.These proofs make it clear: FCS Markets is not a regulated broker. That means investors' funds in the broker are unsafe and cannot be protected by any laws. Therefore, it is a scam.We would recommend traders stay away from unregulated brokers like FCS Markets and trade with licensed brokers.
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What are one of the best features about FCS Markets that I should know?

Alina
Canada
2022-05-27
ANSWER FCS Markets is not a licensed or regulated broker even though it states offers that look good to be true. FCS Markets claims it is a UK-based company regulated by the UK Financial Conduct Authority (FCA) under regulation number: 772626. However, when we searched in FCA, we only found this broker had been blacklisted by FCA for providing financial services without authorization. You can check the full warning from here.The truth is, FCS Markets is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like FCS Markets and trade with licensed brokers.
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