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Glorymarkets

Operating status: SCAM

Website: https://www.glorymarkets.com/

Broker violations and abnormal records
  • Nov 02, 2022 BrokersView has Reviewed that Glorymarkets is an Unregulated Forex Broker

    Glorymarkets claims to be a brand name of Glorymarkets Limited, a company that has subsidies authorized and regulated by multiple regulators, including:

    1) Glorymarkets Limited (Mauritius) is regulated by the Financial Services Commission of the Republic of Mauritius (Mauritius FSC) with license number GB20025826;

    2) Glorymarkets Limited (Malaysia) is registered by the Labuan Financial Services Authority (LFSA) with license number MB/21/0072;

    3) Glorymarkets (St. Vincent and The Grenadines) is registered by St. Vincent & The Grenadines Financial Services Authority (SVG FSA) with registration number 25034 IBC 2018.

    However, we did not find any match results to Glorymarkets in the above watchdogs' registries. The regulatory information this broker claim is a false statement for unsuspecting traders. The truth is, Glorymarkets is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Glorymarkets claims to be a brand name of Glorymarkets Limited, a company that has subsidies authorized and regulated by multiple regulators, including:1) Glorymarkets Limited (Mauritius) is regulated by the Financial Services Commission of the Republic of Mauritius (Mauritius FSC) with license number GB20025826;2) Glorymarkets Limited (Malaysia) is registered by the Labuan Financial Services Authority (LFSA) with license number MB/21/0072;3) Glorymarkets (St. Vincent and The Grenadines) is registered by St. Vincent & The Grenadines Financial Services Authority (SVG FSA) with registration number 25034 IBC 2018.However, we did not find any match results to Glorymarkets in the above watchdogs' registries. The regulatory information this broker claim is a false statement for unsuspecting traders. The truth is, Glorymarkets is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

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