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Fargo Markets
Operating status: SCAM
Website: https://www.fargomarkets.com/
Broker violations and abnormal records
On September 19 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Fargo Markets, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warnungen/warning-list/fargo-markets/
On September 19 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Fargo Markets, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warnungen/warning-list/fargo-markets/According to its website, it is located in the Switzerland. Upon investigation, we found that the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Fargo Markets, stating that this broker is not entered in its commercial register.
In essence, Fargo Markets is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Fargo Markets appears to be a scam.
According to its website, it is located in the Switzerland. Upon investigation, we found that the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Fargo Markets, stating that this broker is not entered in its commercial register.In essence, Fargo Markets is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Fargo Markets appears to be a scam.
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