The website of FizmoFX Markets was registered in April 2024, making it a relatively new trading platform. The broker relies solely on an alleged registration in St. Lucia to demonstrate its legitimacy and regulatory compliance, which is insufficient. As an offshore center, St. Lucia provides lax supervision and minimal protections. Moreover, this jurisdiction does not license forex trading activities.
In essence, FizmoFX 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.
FizmoFX Markets appears to be a scam.
The website of FizmoFX Markets was registered in April 2024, making it a relatively new trading platform. The broker relies solely on an alleged registration in St. Lucia to demonstrate its legitimacy and regulatory compliance, which is insufficient. As an offshore center, St. Lucia provides lax supervision and minimal protections. Moreover, this jurisdiction does not license forex trading activities.In essence, FizmoFX 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.FizmoFX Markets appears to be a scam.