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Operating status: SCAM
Website: https://www.itgmarket.net/
On 28 Nov 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that ITG Market was not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=ITGMARKET.NET
ITG Market claims to be registered in Saint Vincent and the Grenadines (company name: Dev Global LLC) and regulated by "MISA".
We searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found the company. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services. And "MISA" is not a forex regulator.
Moreover, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that ITG Market was not authorised to provide the investment services in Spain.
The truth is that ITG Market is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
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