Check › Broker register › STEP Markets
AC-507052
STEP Markets
⚠ Flagged on the register · High risk
We checked STEP 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
What we found
According to its website, it claims to provide trading services such as foreign exchange, stock indexes, and cryptocurrencies. It is operated by STEP Markets LLC, and the company is registered in Montenegro. Upon investigation, no matching information was found in the Capital Market Authority of Montenegro (SCMN). In essence, STEP 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. STEP Markets appears to be 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 STEP Markets.
- 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.