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Operating status: SCAM

On August 10, 2023, the Financial Conduct Authority (FCA) issued a warning against CONFIDENCIAL FXMARKETS, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/confidencial-fxmarkets
CONFIDENCIAL FXMARKETS is an illegal broker. While it provides a company number issued by the Companies House (CH), it is still a fraudulent platform. Firstly, the company under the CH number seems has no association with CONFIDENCIAL FXMARKETS. Secondly, the Financial Conduct Authority (FCA) has issued a warning against CONFIDENCIAL FXMARKETS, saying it is an unauthorized firm targeting British residents.
In essence, CONFIDENCIAL FXMARKETS is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
BrokersView found that the domain "https://www.confidencialfxmarkets.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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