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Dowmarkets
Operating status: SCAM
Website: https://dowmarkets.com/
Broker violations and abnormal records
Dowmarkets does not disclose any regulatory information on its website and only claims to operate under Update Ltd, registered in the Republic of the Marshall Islands. While the company’s registration with the Marshall Islands Registry (IRI) has been verified, the IRI is not a government body or financial regulator and does not license or supervise forex activities, meaning such registration does not authorize financial services. We have found no evidence of regulation by any recognized authority, leaving investors with no protection, transparency, or recourse. Trading with Dowmarkets carries substantial risk, and the broker should be considered a potential scam.
Dowmarkets does not disclose any regulatory information on its website and only claims to operate under Update Ltd, registered in the Republic of the Marshall Islands. While the company’s registration with the Marshall Islands Registry (IRI) has been verified, the IRI is not a government body or financial regulator and does not license or supervise forex activities, meaning such registration does not authorize financial services. We have found no evidence of regulation by any recognized authority, leaving investors with no protection, transparency, or recourse. Trading with Dowmarkets carries substantial risk, and the broker should be considered a potential scam.
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