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Profitmarkets
On Aug 29, 2024, the Belgian Financial Services and Markets Authority (FSMA) added Profitmarkets to its warning list as a fraudulent trading platform. https://www.fsma.be/en/warnings/look-out-traps-beware-these-fraudulent-trading-platforms-0
On Aug 29, 2024, the Belgian Financial Services and Markets Authority (FSMA) added Profitmarkets to its warning list as a fraudulent trading platform. https://www.fsma.be/en/warnings/look-out-traps-beware-these-fraudulent-trading-platforms-0It claims to be a reliable broker but does not display any regulatory information on the website for reference, which is very unreliable. In addition, the Belgian Financial Services and Markets Authority (FSMA) added Profitmarkets to its warning list as a fraudulent trading platform.
In essence, Profitmarkets 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.
Profitmarkets appears to be a scam.
It claims to be a reliable broker but does not display any regulatory information on the website for reference, which is very unreliable. In addition, the Belgian Financial Services and Markets Authority (FSMA) added Profitmarkets to its warning list as a fraudulent trading platform.In essence, Profitmarkets 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.Profitmarkets appears to be a scam.
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