ANSWER Dear Investor,Accumarkets claims to be licensed by the Financial Sector Conduct Authority (FSCA) under number 52677. However, the FSCA doesn't provide adequate information to confirm that the company behind the brand (accumarkets.co.za) is the one that really holds this FSP number. Therefore, it is not guaranteed that Accumarkets is operating under the FSCA license.In addition, the FSCA, compared to top-tier financial regulators, is known for having more lax regulations. Therefore, investors dealing with Accumarkets are not trading in a well-regulated environment.From a regulatory standpoint, Accumarkets may not be considered a fully safe option. Investors should exercise extreme caution.
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