ANSWER ActionMarkets is not a regulated or licensed broker for traders even though it states offers that look good to be true.ActionMarkets claims to be registered in the Marshall Islands Registry (IRI) with registration number 114411. We indeed found a match result to ActionMarkets in IRI, but please be informed that IRI is not a financial regulator that issues licenses for forex brokers or regulates entities engaging in forex.More importantly, the Comisión Nacional del Mercado de Valores (CNMV) issued a warning against ActionMarkets for not being authorized to provide investment services. You can check the full warning from here.The truth is, ActionMarkets is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like ActionMarkets and trade with licensed brokers.
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