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Shiba Markets

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Operating status: SCAM

Website: https://www.shibamarkets.com/

Broker violations and abnormal records
  • 2024-02-28 The FINMA issues a warning about Shiba Markets

    On Feb 29, 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Shiba Markets, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warning-list/shiba-markets/

    On Feb 29, 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Shiba Markets, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warning-list/shiba-markets/
  • 2024-03-04 BrokersView has reviewed that Shiba Markets is an unregulated broker

    Shiba Markets purports to be a brokerage firm with operations in the UK, Switzerland, and Australia.

    However, upon verification with pertinent financial regulators - the Financial Conduct Authority (FCA), the Swiss Financial Market Supervisory Authority (FINMA), and the Australian Securities and Investments Commission (ASIC) - it appears that Shiba Markets is not registered with any of these authorities. In fact, FINMA has issued a public warning against Shiba Markets due to its unlicensed status.

    In essence, Shiba 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.

    Shiba Markets appears to be a scam.

    Shiba Markets purports to be a brokerage firm with operations in the UK, Switzerland, and Australia.However, upon verification with pertinent financial regulators - the Financial Conduct Authority (FCA), the Swiss Financial Market Supervisory Authority (FINMA), and the Australian Securities and Investments Commission (ASIC) - it appears that Shiba Markets is not registered with any of these authorities. In fact, FINMA has issued a public warning against Shiba Markets due to its unlicensed status.In essence, Shiba 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.Shiba Markets appears to be a scam.