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Operating status: SCAM
Website: https://fcs-markets.com/

On 11 April 2022, FCA added FCS Markets to its alert list, saying that the firm is a clone firm by using some correct details of the FCA-supervised firm. You may visit: https://www.fca.org.uk/news/warnings/fc-markets-limited-fcmarkets-ltd-clone-fca-authorised-firm
As a UK-based forex company, FCS Markets claims to be regulated by the FCA under the name - FCS Capital Markets Limited and license number 772626. When searching on the financial authority’s register, we did find an FCA-supervised firm with that name and that license number– but with a completely different website, phone number and email. In addition, we also found out that the FCA has recently marked FCS Markets(or FC Markets Limited) as a clone firm of the licensed company.
What’s more, we found the company was newly created in January 2022, just a few months ago.
These proofs make it clear: FCS Markets is not a regulated broker. That means investors' funds in the broker is unsafe and cannot be protected by any laws. Therefore, it is a scam.
On 10 May 2022, the British Columbia Securities Commission (BCSC) issued a warning that FCS Markets is not registered to trade in, or advise on, securities or derivatives in BC. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2022/fcs-markets
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