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psi markets-(tbc-international-markets)

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Hello, I wonder if you could help check whether PSI Markets is legit?
Vusi
Greenland
2024-07-16
ANSWER PSI Markets is not a legitimate broker.According to PSI Markets' statements, it is operated by TBC International Markets LTD, supposedly authorized by the International Financial Services Commission of Dominica with license number 2019.However, the reality is that the Financial Services Unit (FSU) of the Ministry of Finance is the sole regulatory authority in Dominica, and forex brokers there are not governed by any governmental entity. As a result, PSI Markets' claims are questionable.Further compounding the concerns, the Financial Conduct Authority (FCA) has issued a warning against PSI Markets for providing financial services without proper authorization in the UK.With all signs pointing to PSI Markets being suspicious, investors should stay away from PSI Markets to protect their hard-earned money. It is strongly advised to opt for fully regulated brokers instead.
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