FizmoFX Markets

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CheckBroker register › FizmoFX Markets
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FizmoFX Markets

⚠ Flagged on the register · High risk

We checked FizmoFX Markets against the AskCheck register. It has been reported (2024) and carries the red flags below. Treat it with extreme caution.

Why it’s flagged

⚑ Unregulated / unlicensed⚑ Offshore / shell registration

What we found

The website of FizmoFX Markets was registered in April 2024, making it a relatively new trading platform. The broker relies solely on an alleged registration in St. Lucia to demonstrate its legitimacy and regulatory compliance, which is insufficient. As an offshore center, St. Lucia provides lax supervision and minimal protections. Moreover, this jurisdiction does not license forex trading activities. In essence, FizmoFX Markets is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. FizmoFX Markets appears to be a scam.

Assessment source: FastBull BrokersView.

What to do next

  1. Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
  2. Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
  3. Report it to your regulator and to local police / action-fraud line so it’s on the official record.
  4. Add your report here so the next person searching this name is warned — report FizmoFX Markets.
  5. Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.
Beware recovery scams. After a loss, fraudsters often return posing as “recovery agents” who guarantee your money back for an up-front fee. AskCheck is a free public checker — we don’t recover funds and we don’t guarantee funds can be recovered. Never pay anyone who promises a guaranteed recovery.

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