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Is CAPITALBMARKET regulated in Australia?
AntonPavlovskyi
Australia
2023-07-21
ANSWER CAPITALBMARKET is not regulated by any governing body.CAPITALBMARKET falsely claims to be regulated by the Belize Financial Services Commission (Belize FSC). We searched for this company in the Belize FSC registry but didn't find any matching records, confirming that it is not regulated by the Belize financial watchdog.CAPITALBMARKET claims to have an address in the UK, where almost all individuals and firms are required to be authorized by the Financial Conduct Authority (FCA) before they can solicit investors. However, the FCA has issued a warning against CAPITALBMARKET for illegally providing financial products or services without their authorization.In conclusion, dealing with CAPITALBMARKET could lead to financial losses and identity theft due to the lack of regulatory oversight. There are no legal protections to safeguard investors. As such, we strongly suggest investors stay away from unlicensed brokers like CAPITALBMARKET and instead choose a fully regulated one to mitigate such risks.
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