ANSWER We strongly advise against engaging with Fiscal Markets, a forex broker operating without a license.The broker purports to be registered in St. Lucia and provides a registration number on its website. However, it's important to understand that forex trading activities are not licensed in this jurisdiction. This implies that even if it is registered with their financial regulator, its services remain unlicensed.It raises concerns when we observe that their physical address has transitioned from India to Dubai within a span of one month, casting a shadow of doubt on their authenticity and actual location.Consequently, Fiscal Markets presents considerable risks, including fraud and identity theft. In the absence of regulatory oversight, the interests of its clients are left unprotected. To circumvent such risks, it is strongly advised to refrain from unlicensed platforms like Fiscal Markets and instead opt for platforms that are fully regulated.
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