Reviews
Be the first to review.
Foti Markets
Operating status: SCAM
Website: https://www.fotimarkets.com/
Broker violations and abnormal records
Foti Markets claims to be based in the Comoros and states that it is a trading name of Foti Capital Ltd, which is authorized by the Union of Comoros Offshore Finance Authority (UCOFA). Our investigation reveals that it is actually regulated by the Anjouan Offshore Finance Authority (AOFA). This regulatory body is known for extremely weak oversight, offers very limited investor protection, and is widely regarded as lacking credibility. Furthermore, AOFA does not maintain a public registry of licensed brokers on an official website, significantly increasing the risks for investors. Notably, Foti Markets does not appear to be supervised or licensed by any recognized mainstream financial regulatory authority. Due to these serious concerns, we have classified Foti Markets as a fraudulent broker.
Foti Markets claims to be based in the Comoros and states that it is a trading name of Foti Capital Ltd, which is authorized by the Union of Comoros Offshore Finance Authority (UCOFA). Our investigation reveals that it is actually regulated by the Anjouan Offshore Finance Authority (AOFA). This regulatory body is known for extremely weak oversight, offers very limited investor protection, and is widely regarded as lacking credibility. Furthermore, AOFA does not maintain a public registry of licensed brokers on an official website, significantly increasing the risks for investors. Notably, Foti Markets does not appear to be supervised or licensed by any recognized mainstream financial regulatory authority. Due to these serious concerns, we have classified Foti Markets as a fraudulent broker.
Copyright © 2026 Wiki Technology Limited
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.
Disclaimer:
The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.