Tag: First Prudential Markets

CySEC-Regulated FP Markets And Its Offshore Mutation Placed On Orange Compliance List!

CySEC Ben - September 20, 2023

The offshore broker FP Markets is operated through FP Markets LLC, registered in St. Vincent & The Grenadines and related to the CySEC-regulated broker of the same name. The only discernible difference between the CySEC-regulated and the unregulated offshore broker is the domain. The offshore mutation of FP Markets was recommended to us via Daily Forex. The KYC at onboarding does not comply with ESMA requirements. We have added FP Markets to our Orange Compliance list.

Spanish CNMV warns against Australian ZeroMarkets and its offshore entity

CNMV Ben - June 28, 2021

CNMV issued a warning against Australian broker Zero Markets and its offshore entity Zero Markets LLC. Zero Markets is a group of companies that include Zero Financial Pty Ltd, Australia, and Zero Markets LLC, registered in St. Vincent & the Grenadines. While Zero Financial Pty Ltd as the operator of www.zeromarkets.com.au, is an Authorised Representative of First Prudential Markets Pty Ltd, the offshore entity Zero Markets LLC as the operator of www.zeromarkets.com has no license to offer financial services in the European Union.

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