SENTFUNDS

CityMarkets

Written by

in

High Risk

Reported as a scam / unregulated

SF-703911registry entry

Why CityMarkets is on the register

CityMarkets claims it is a trading name of City M Limited which is authorized and regulated by the Vanuatu Financial Services Commission (VFSC) under License number: 15038. However, we did not find any match results to the company name or the license number in VFSC. Apparently, CityMarkets is not regulated by any regulators. That means investors’ money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

If you have money with this broker

  1. Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
  2. Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
  3. Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
  4. Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
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SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.