On April 22, 2024, the Cyprus Securities and Exchange Commission (CySEC) added FPM Helenic to its warning list, stating it does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities. https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=1df3a7f6-6ce5-4cc8-9369-2b22837308e5

FPM Helenic is a fraudulent website that deliberately mimics the layout and content of the legitimate broker, FP Markets. This is done to create a false sense of legitimacy or to suggest a potential affiliation with the genuine entity. We have specifically prepared a comparison between these two sites, as depicted in the following image (FP Markets is on the left, and FPM Helenic is on the right).

FPM Helenic is found to be illicitly using the regulatory information of FP Markets. Our investigation in the register of the Cyprus Securities and Exchange Commission (CySEC), along with the warning issued by CySEC, further substantiates that FPM Helenic is not affiliated with any entity licensed or regulated by CySEC.

Moreover, compelling evidence of FPM Helenic's fraudulent activities comes from FP Markets themselves. They have confirmed that fpmhelenic.com is not associated with them and appears to be a scam. This clearly indicates the deceptive nature of FPM Helenic.

In essence, FPM Helenic 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.

FPM Helenic appears to be a scam.

BrokersView found that the domain "https://fpmhelenic.com/;https://client.clients-area.com/register" 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.