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Open Markets

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Operating status: SCAM

Website: https://openmarkets.cfd/

Broker violations and abnormal records
  • 2023-05-28 The Spain CNMV added Open Markets to warning list

    On May 29, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added Open Markets to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

    On May 29, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added Open Markets to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0
  • 2023-05-29 BrokersView has reviewed that Open Markets is an unregulated broker

    Open Markets fails to provide regulatory information and licensing data, a significant indicator of scam. Legitimate brokers typically display their accreditation and licenses prominently to instill trust and transparency, whereas the lack of information thereof may suggest the status as an unlicensed broker. In addition, the Comisión Nacional del Mercado de Valores (CNMV) added Open Markets to its warning list for providing investment services without authorization.

    In essence, Open Markets is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

    Open Markets fails to provide regulatory information and licensing data, a significant indicator of scam. Legitimate brokers typically display their accreditation and licenses prominently to instill trust and transparency, whereas the lack of information thereof may suggest the status as an unlicensed broker. In addition, the Comisión Nacional del Mercado de Valores (CNMV) added Open Markets to its warning list for providing investment services without authorization.In essence, Open Markets is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

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