简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Fortuno Markets falsely claims NFA regulation. Unlicensed, with no physical offices found. Traders report scams, vanished funds, and withdrawal issues.
Fortuno Markets, a broker that claims to offer a wide array of trading instruments, including Forex, Metals, Indices, and Cryptos, has recently come under scrutiny for its dubious operations. Despite its bold claims of being regulated by the National Futures Association (NFA), a simple search on the NFAs official website reveals no records of this broker. This blatant misrepresentation is just the beginning of a series of red flags that potential investors should be aware of.
Fortuno Markets touts itself as a trustworthy entity, boasting of regulatory oversight and two registered offices—one in Saint Lucia and another in the United Kingdom. However, upon closer investigation, it appears these offices are nothing more than paper entities. The WikiFX Survey team found no physical presence at either of these locations, further suggesting that Fortuno Markets operates without any genuine infrastructure.
Another glaring issue with Fortuno Markets is its poorly maintained website. Key navigational elements need to be more functional, indicating a lack of professionalism and possibly a tactic to avoid scrutiny. For a company that supposedly handles significant financial transactions, this is a major red flag.
The most concerning aspect of Fortuno Markets is the feedback from traders who have used their platform. Reports to WikiFX support describe instances of disappearing funds and the inability to withdraw money. These experiences are not isolated; multiple traders have reported similar issues, suggesting a pattern of fraudulent activity designed to exploit unsuspecting investors.
Fortuno Markets presents itself as a reliable broker with a diverse portfolio of trading instruments, but the reality appears to be far more sinister. Unregulated, unlicensed, and with no legitimate offices, the broker is likely engaging in fraudulent activities. Potential investors should steer clear of Fortuno Markets to avoid falling victim to their schemes.
Expose the corrupt actions of Fortuno Markets that have duped countless traders. Visit the Fortuno Markets page on WikiFX to reveal the full scope of their fraud.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
The UK Financial Conduct Authority (FCA) has issued a public warning regarding a fraudulent entity impersonating Admiral Markets, a legitimate and authorised trading firm. The clone firm, operating under the name Admiral EU Brokers and the domain Admiraleubrokerz.com, has been falsely presenting itself as an FCA-authorised business.
A 57-year-old Malaysian man recently fell victim to a fraudulent foreign currency investment scheme, losing RM113,000 in the process. The case was reported to the Commercial Crime Investigation Division in Batu Pahat, which is now investigating the incident.
FXTM is a global forex broker founded in 2011. In today’s article, we are going to show you what FXTM looks like in 2024.
Protect your investments! Learn about unregulated firms flagged by the FCA and discover how WikiFX helps traders avoid scams and choose legitimate brokers.