Fiscal Markets Review – Is Investing in Fiscalmarkets.com Safe?
This Fiscal Markets review raises significant questions regarding the safety and trustworthiness of the broker. With a very low WikiFX score of 1.31/10, a non-functioning website, and no confirmed trading software, Fiscal Markets appears to be a high-risk platform. The company claims to be registered in Saint Lucia under number 2023-00307, but Saint Lucia has no official financial regulator overseeing forex brokers. A search of the Financial Services Regulatory Authority (FSRA) returned no results, which strongly indicates the broker is not regulated.
About Fiscal Markets
Company Name – Fiscal Capital LTD
Website – https://fiscalmarkets.com/
Address – Ground Floor, The Sotheby Building, Rodney Bay, Gros Islet, P.O. Box 838, Saint Lucia.
Regulatory Warning – Not Recommended By Review Website Like Scams Report
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
Lack of Regulation and Oversight
Fiscal Markets operate without valid regulatory approval. This means there are no legal protections for investors using the platform. Without regulatory oversight, the broker is not required to follow financial standards, putting users’ funds at serious risk. Unregulated brokers frequently lack transparency in their operations and are subject to sudden disappearance.
Website and Platform Concerns
The broker’s website, http://fiscalmarkets.com, is currently down. A non-functional website suggests that the broker may have ceased operations or is avoiding scrutiny. Additionally, there is no verified trading software associated with the broker, limiting the user’s ability to manage trades securely.
Poor Reputation and Complaints
- Trustpilot rating: 1.6 out of 5
- Multiple user complaints about withdrawal issues and unresponsive customer support
- The platform lacks clear information on payment methods or trading conditions
These signs point to unprofessional conduct and potential fraudulent activity.
Key Risks
- Not regulated by any financial authority
- The website is down and inactive
- No official trading platform
- Numerous negative reviews and unresolved complaints
Conclusion
This Fiscal Markets review clearly shows that the platform is not safe for trading. With no regulation, no working platform, and consistent negative feedback, Fiscal Markets appears to be a scam. Traders should avoid using this broker and instead choose a licensed and transparent alternative for investing.
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About Scams Report
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Disclaimer: This review is based on online reports and customer complaints. Always research carefully before investing with any broker.