Open Markets Review : Fees, Pros and Cons, Reviews by Real Traders

Open Markets

Operating status: SCAM

Website: https://openmarkets.cfd/

Broker violations and abnormal records

May 28, 2023 The Spain CNMV added Open Markets to warning list
On May 29, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added Open Markets to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

On May 29, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added Open Markets to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0
May 29, 2023 BrokersView has reviewed that Open Markets is an unregulated broker
Open Markets fails to provide regulatory information and licensing data, a significant indicator of scam. Legitimate brokers typically display their accreditation and licenses prominently to instill trust and transparency, whereas the lack of information thereof may suggest the status as an unlicensed broker. In addition, the Comisión Nacional del Mercado de Valores (CNMV) added Open Markets to its warning list for providing investment services without authorization.
In essence, Open Markets is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.

Open Markets fails to provide regulatory information and licensing data, a significant indicator of scam. Legitimate brokers typically display their accreditation and licenses prominently to instill trust and transparency, whereas the lack of information thereof may suggest the status as an unlicensed broker. In addition, the Comisión Nacional del Mercado de Valores (CNMV) added Open Markets to its warning list for providing investment services without authorization.In essence, Open Markets is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
Dec 07, 2025 BrokersView has identified that Open Markets's website is currently offline
BrokersView found that the domain "https://openmarkets.cfd/" is 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.

BrokersView found that the domain "https://openmarkets.cfd/" is 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.

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