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Operating status: SCAM
Website: https://www.soho-markets.com https://www.sohomarkets.com/sc/

BrokersView found that the domain "https://www.soho-markets.com;https://www.sohomarkets.com/sc/" are 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.


Fake SohoMarkets claims to be operated by Vstar & Soho Markets Ltd, a company supposedly regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 409/22. While we did locate a company called Vstar & Soho Markets Ltd in the CySEC registry, it is critical to note that the registered domain and email address left on the CySEC website are different from that provided by Fake SohoMarkets, casting doubts on this trading platform's authenticity.
Turning to the claim that they are regulated by the Mauritius Financial Services Commission (Mauritius FSC) under license number GB21026599. Even though there are entries matching Soho Markets Global Limited, Fake SohoMarkets doesn't provide an address for us to verify the license. Therefore, we cannot confirm whether the registered company is the one operating the platform.
Additionally, Fake SohoMarkets claims to be operated by Soho Markets LLC registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under 1310LLC2021. Although corresponding records exist in the SVG FSA register, investors must be aware that the offshore financial watchdog has explicitly stated that it does not issue any licenses for forex trading or brokerage nor does it regulate, monitor, supervise or license international companies engaging in such activities. Consequently, Fake SohoMarkets remains unsupervised by the relevant regulatory body.
In essence, Fake SohoMarkets 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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