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Phase Markets
Operating status: SCAM
Website: https://www.phasemarkets.com/
Broker violations and abnormal records
Phase Markets claims to be based in Vanuatu, but it does not state whether it holds a license from the Vanuatu Financial Services Commission (VFSC), which is the country’s official financial regulator.
Upon checking the VFSC’s official list of licensed entities, we found no record of Phase Markets Ltd or any similarly named company. This indicates that the platform is not authorized to provide financial or forex trading services in Vanuatu.
Moreover, our investigation uncovered no evidence of regulation by any other recognized financial authority elsewhere. Operating as an unlicensed forex broker poses significant risk to investors. Phase Markets appears to be a scam.
Phase Markets claims to be based in Vanuatu, but it does not state whether it holds a license from the Vanuatu Financial Services Commission (VFSC), which is the country’s official financial regulator. Upon checking the VFSC’s official list of licensed entities, we found no record of Phase Markets Ltd or any similarly named company. This indicates that the platform is not authorized to provide financial or forex trading services in Vanuatu. Moreover, our investigation uncovered no evidence of regulation by any other recognized financial authority elsewhere. Operating as an unlicensed forex broker poses significant risk to investors. Phase Markets appears to be a scam.
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