Reported as a scam / unregulated
Why Madden Markets is on the register
Madden Markets claims to be regulated by Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and National Futures Association (NFA). We searched the FINTRAC and NFA, found a matching result. But FINTRAC doesn’t regulate forex or issue forex licenses, so having registration does not mean being authorized to provide financial services. And Madden Markets is not an NFA member and thus not subject to the regulator’s oversight. Its NFA ID is only for tracking purposes only. The truth is that Madden Markets is not under valid regulation by any regulators to do forex. Investors’ funds in this broker are unsafe and cannot be protected by any law. Madden Markets is 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.