Fx Markets
We checked Fx Markets against the AskCheck register. It has been reported (2021) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
FX Markets claims that it is a group of companies which include First Prudential Markets Pty Ltd, an ASIC regulated provider of CFD and Forex trading services (ABN 16 112 600 281, AFS License No. 886351). BrokersView has reviewed that First Prudential Markets Pty Ltd is indeed a legit broker regulated and licensed by ASIC, FCA and CySEC. However, there is no mention of FX Markets and its domain in the regulatory details of First Prudential Markets Pty Ltd given by ASIC, FCA and CySEC. Furthermore, the customer service of First Prudential Markets Pty Ltd states that they have no business with FX Market. That means FX Markets may be a clone firm who illegally uses the details of regulated firms with which it isn't related in any way.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Fx Markets.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.