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Is Time Markets a licenced platform?
TANABOON
Brazil
2023-08-29
ANSWER No, Time Markets is not a licensed platform.While Time Markets claims to be fully regulated, it fails to disclose any regulatory information. The lack of transparency raises a red flag.Time Markets is allegedly domiciled in the UK, but our search for it in the register of Financial Conduct Authority (FCA) doesn't suggest that it has obtained the authorization from the UK financial watchdog.Furthermore, the Ontario Securities Commission (OSC) has issued a warning against Time Markets, stating that this broker is not registered in Ontario to engage in the business of trading in securities.As such, BrokersView has come to the conclusion that Time Markets is an unregulated broker. Investors dealing with the platform are exposed to significant risks such as the financial losses and identity theft, as there are no legal protections to prevent fraud or theft. To mitigate such risks, we strongly suggest investors avoid unregulated brokers like Time Markets and instead choose a fully regulated one.
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