About Clean Market
Who is Clean Market?
Clean Market is a financial services entity registered in the United Kingdom, operating under the domain cleanssfx.com. The company was founded on 11 October 2019. Despite its UK registration, Clean Market does not hold any regulatory licences from recognised financial authorities, which significantly limits the protections available to its clients.
As an unregulated broker, Clean Market is not subject to the oversight of bodies such as the Financial Conduct Authority (FCA) in the UK or other major regulators. This absence of regulation means that client funds are not necessarily held in segregated accounts, and there is no recourse to a financial ombudsman in the event of disputes.
What does Clean Market offer?
Due to the lack of publicly available information, the full scope of Clean Market's services is unclear. The domain name, which includes 'fx', suggests a focus on forex trading, but no official disclosures regarding account types, trading platforms, or financial instruments are readily available. This opacity makes it challenging for potential clients to evaluate the broker's offerings.
Without verifiable details, traders cannot ascertain the trading conditions, costs, or execution quality that Clean Market might provide. The absence of user reviews further compounds the difficulty in assessing the broker's reliability and service quality.
Regulatory status
Clean Market is not regulated by any major financial regulatory body. In the United Kingdom, the Financial Conduct Authority (FCA) oversees financial services, but Clean Market does not appear on the FCA register. The lack of regulation is a critical factor for any trader, as it removes safeguards such as negative balance protection, investor compensation schemes, and mandatory client fund segregation.
For traders who prioritise security, dealing with an unregulated broker carries substantial risk. Funds deposited with Clean Market would not be protected under the Financial Services Compensation Scheme (FSCS) in the UK, and any disputes would have to be resolved directly with the company without regulatory mediation.
Risk assessment
FXCanary has assigned Clean Market a Scam Risk Score of 48 out of 100, placing it in the 'Guarded' category. This score reflects the combination of the broker's unregulated status and the lack of verifiable operational history. The score is not an absolute measure of fraud but indicates that due diligence is essential before any engagement.
Traders should consider that the score is based on available information, which is limited. As more information becomes available, the risk assessment may change. However, the current evidence suggests a high level of caution is warranted.
Conclusion
Clean Market presents itself as a forex-focused entity registered in the UK, but without regulatory oversight. The limited public information and absence of user reviews make it difficult to form a comprehensive opinion. Traders are strongly advised to verify all details independently and to consider the risks of trading with an unregulated broker.
In summary, Clean Market is a high-risk broker that should be approached with extreme caution. Those seeking secure trading environments should prioritise regulated brokers with transparent operations.
Overview compiled by FXCanary from regulatory records and public data. full Clean Market review