Madden Markets
We checked Madden Markets against the AskCheck register. It has been reported (2023) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Madden Markets claims to be regulated by Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and National Futures Association (NFA). We searched the FINTRAC and NFA, found a matching result. But FINTRAC doesn't regulate forex or issue forex licenses, so having registration does not mean being authorized to provide financial services. And Madden Markets is not an NFA member and thus not subject to the regulator's oversight. Its NFA ID is only for tracking purposes only. The truth is that Madden Markets is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Madden Markets is a scam.
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 Madden Markets.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.