Reported as a scam / unregulated
Why FizmoFX Markets is on the register
The website of FizmoFX Markets was registered in April 2024, making it a relatively new trading platform. The broker relies solely on an alleged registration in St. Lucia to demonstrate its legitimacy and regulatory compliance, which is insufficient. As an offshore center, St. Lucia provides lax supervision and minimal protections. Moreover, this jurisdiction does not license forex trading activities. In essence, FizmoFX Markets is not regulated by any governing body. Entrusting it with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. FizmoFX Markets appears to be a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- 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.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.