Tag: TIO Markets UK

FinTelegram has been following the offshore activities of the FCA-regulated TIO Markets for some time. The Spanish CNMV and the Italian Consob have already issued warnings against the offshore broker TIOmarkets, operated by TIO Markets Ltd in St. Vincent & The Grenadines. This offshore broker is evidently related to the FCA-regulated investment firm. TIOmarkets is chasing after new European clients via Google ad campaigns. Praxis Pay and Monsas are the payment processors.

CNMV and Consob have already issued warnings against the offshore broker scam TIOmarkets. TIO Markets Ltd, registered in St. Vincent & The Grenadines, allegedly runs the fraud. The offshore entity claimed to be related to UK-registered TIO Markets, a financial institution regulated by the FCA. TIOmarkets is again chasing after new victims and fresh funds, offering a 50% discount on the required deposit for opening a VIP

The Spanish regulator CNMV today issued a warning against broker scam TIOMarkets (www.tiomarkets.com). TIO Markets Ltd, registered in St. Vincent & The Grenadines, is allegedly running the scam. Potential victims are chased via the fake site of DonauCapital Wertpapier GmbH (www.donaucapital.es) pretends to be a German investment company regulated by the CNMV. After registration, victims receive a welcome email from TIOMarkets and are redirected to their website.