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Operating status: SCAM
Website: http://www.zmmarkets.com/
On 14 July 2022, the Portuguese Securities Market Commission (CMVM) issued a warning that ZM MARKETS is not authorized to provide financial services in Portuguese. You may visit: https://www.cmvm.pt/en/SDI/FinancialIntermediaries/Pages/20220714k.aspx?v=
ZM MARKETS claims to be a reliable broker regulated by the the Cyprus Securities and Exchange Commission (CySEC) under license number 441/22. We searched CySEC but found no matching result. That means ZM MARKETS is not authorized by CySEC to provide financial services.
What's more, the Portuguese Securities Market Commission (CMVM) issued a warning that ZM MARKETS is not authorized to provide financial services in Portuguese.
The truth is ZM MARKETS 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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