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Edge Markets

Operating status: SCAM

Website: https://edgemarkets.com/

Broker violations and abnormal records
  • Aug 07, 2023 BrokersView has reviewed that Edge Markets is an unregulated broker

    Edge Markets previously claims to be registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under registration number 1578, a number currently removed from the SVG FSA register. Besides, the SVG FSA has explicitly stated that entities engaging in forex trading and brokerage are not licensed from this jurisdiction.

    Edge Markets displays an address in Anguilla and thus we searched for it in the register of Anguilla Financial Services Commission. However, there isn't a company called Edge Markets LLC in the list of Money Services Business Regulated Entities. Furthermore, this Anguilla's financial regulator doesn't supervise forex trading.

    In essence, Edge Markets 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.

    Edge Markets previously claims to be registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under registration number 1578, a number currently removed from the SVG FSA register. Besides, the SVG FSA has explicitly stated that entities engaging in forex trading and brokerage are not licensed from this jurisdiction.Edge Markets displays an address in Anguilla and thus we searched for it in the register of Anguilla Financial Services Commission. However, there isn't a company called Edge Markets LLC in the list of Money Services Business Regulated Entities. Furthermore, this Anguilla's financial regulator doesn't supervise forex trading.In essence, Edge Markets 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.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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