The Official Website Of ZM MARKETS Cannot Be Accessed Normally At Present. The Company Seems To Have Closed Down. Therefore We Can Only Collect Some Relevant Information For Reference Only.
2022-07-14 Portugal CMVM Adds ZM MARKETS To The Warning List
On July 14, 2022, The Portuguese Securities And Markets Commission (CMVM) Issued A Warning That ZM MARKETS Provides Financial Services In Portugal Without Authorization. You Can Visit The Following Website For Details: Https://www.cmvm.pt/en/SDI/FinancialIntermediaries/Pages/20220714k.aspx?v =
2022-07-15 Our Review Confirms That ZM MARKETS Is An Unregulated Forex Broker
ZM MARKETS Claims To Be A Reliable Broker Regulated By The Cyprus Securities And Exchange Commission (CySEC) With Regulation 441/22. However, We Did Not Find A Result Matching This Regulatory Number In CySEC. This Means That ZM MARKETS Is Not Authorized By CySEC To Provide Financial Services.
More Importantly, The Portuguese Securities And Markets Commission (CMVM) Has Issued A Warning That ZM MARKETS Is Not Authorized To Provide Financial Services In Portugal.
In Fact, ZM MARKETS Is Not Regulated By Any Regulatory Authority. It Is Not Safe To Let This Broker Hold Or Control Investor Funds, And Investors Cannot Be Protected By Any Law. It Is A Fake Trader.
Since It Is Not Possible To Access The Broker's Website Now, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposit, Etc.
As For Regulation, It Has Been Verified That ZM MARKETS Has Not Obtained Any Valid License At Present.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Number Or Company Address.
NOTE: ZM MARKETS As A, Unregulated Broker, Which Means That The Client's Investment May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold The Company Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If You Invest In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious And Remind Everyone To Stay Away From These Unregulated As Much As Possible When Choosing A Broker.
