Is Equiti Global Markets Ltd a Scam?

When we at FXCanary sit down to judge whether a broker is safe to trade with, we start from a simple premise: trust must be earned through verifiable evidence, not marketing copy. We cross-check the legal entity, its regulators, the licence status and the official domain against public registers, and we look for any signs of cloning, impersonation or unreported offshore activity. Where independent user reviews are scarce — as they are for Equiti Global Markets Ltd — we lean even harder on the regulatory record and on what the firm itself publishes, while keeping a clear line between the two.

For Equiti Global Markets Ltd, our assessment yields a Scam Risk Score of 34 out of 100, which we classify as 'Guarded'. That score is not an accusation of fraud; it is a measured warning that the available evidence is thin in places and that traders should proceed with caution. The single risk flag we have on file is the absence of a verifiable website or social-media presence tied to this specific entity — a notable gap for a firm that claims to operate under a CySEC licence. In this review we explain exactly what that score is built from, what protections the licence does and does not offer, and how you can protect yourself if you choose to deal with this broker.

The known facts in our records show that Equiti Global Markets Ltd is registered in Cyprus and holds one licence from the Cyprus Securities and Exchange Commission (CySEC), with the status 'Authorised'. The licence is a CIF (Cyprus Investment Firm) licence, number 415/22, and it covers the entity as a Cyprus-based investment firm. CySEC is a full member of the European regulatory family, and its CIF licences are issued under the MiFID II framework, which is among the most demanding regulatory regimes in the world for retail brokers.

What does that mean in practice? A CySEC-authorised firm must meet ongoing capital requirements, submit regular financial reporting, keep client money segregated from its own operational funds, and adhere to conduct-of-business rules that govern how it markets, executes and handles client orders. The licence also brings with it the protections of the Investor Compensation Fund (ICF), which in Cyprus covers eligible client claims up to €20,000 per person. That is a real safety net, but it is not unlimited, and it only applies to clients who are covered under the fund's rules — typically retail clients of the authorised entity.

Under CySEC rules, client funds must be held in segregated accounts, separate from the firm's own money. That means that in the event of the broker's insolvency, your funds should not form part of the firm's estate and should be returned to you, subject to the administrator's process. Segregation is a core safeguard, but it is not a guarantee of immediate return — in practice, clients can face delays while the administrator verifies claims, and the ICF only steps in where the segregated accounts are found to be short.

The ICF compensation limit of €20,000 is worth repeating because it sets a hard ceiling on the protection you get from the fund. If you hold more than that with the broker and the firm fails, the excess is at risk. On negative balance protection, MiFID II rules require firms to offer retail clients protection against owing more than their account balance, but this is not automatic for professional or eligible counterparty clients — and Equiti Capital's own website states that its products are directed to professional clients and eligible counterparties only. That is a crucial distinction: if you are classified as a professional client, you may lose some of the retail-level protections, including the full negative balance safeguard.

Our web searches returned a substantial presence for 'Equiti Capital' at the domain equiti-capital.com, which matches the official domain in our records. The site describes Equiti Capital as the brand name of Equiti Global Markets Ltd, regulated by CySEC under licence number 415/22, with a company registration number HE415535. That is consistent with the known facts we hold, and it gives us reasonable confidence that the web results describe the same entity we are reviewing — not a similarly named impostor.

However, we must be careful about what the web results do not tell us. The Equiti Capital site is aimed squarely at institutional clients, offering bespoke liquidity solutions, and it explicitly states that its products are directed to professional clients and eligible counterparties only. There is no mention of a retail-facing trading platform, minimum deposit, or standard account offering on that site. The other 'Equiti' results — such as those for equiti.com, which is licensed by the UAE's CMA, or the various review sites that describe a broker founded in 2008 with a UK FCA licence — appear to describe a different, retail-focused entity within the broader Equiti group. We treat those as separate from the CySEC-licensed Equiti Global Markets Ltd, and we do not import their figures or claims into our assessment.

Our records show zero clone or impersonator sites found for Equiti Global Markets Ltd. That is a positive sign, because cloned brokers are a persistent threat in the forex industry — fraudsters routinely copy the name, logo and licence details of a legitimate firm to lure clients into fake platforms. The fact that we have not identified a clone does not mean one does not exist; it means we have not found one in our monitoring. Given the Equiti brand is well known in some regions, the risk of impersonation is always present, and traders should remain vigilant.

To protect yourself, always verify the broker's official domain directly from the regulator's register. For Equiti Global Markets Ltd, that means checking the CySEC register for licence 415/22 and confirming that the website you are using is the one listed there. Never click through from an email, social media ad or third-party review site to reach the broker's site — type the address yourself. If you are approached by someone claiming to represent Equiti, ask for their licence number and verify it independently. A legitimate firm will not pressure you to deposit quickly, and it will never ask you to send funds to a personal bank account or a third-party payment processor.

We have to be honest about what we do not know. Our records do not list a founding date for Equiti Global Markets Ltd, and we have no independent user reviews to draw on. The web results give us a clear picture of the firm's institutional liquidity business, but they do not tell us about retail trading conditions, spreads, commissions, minimum deposits or leverage — and we will not invent those figures. The absence of verifiable retail-facing information is itself a red flag for a trader who is considering opening an account, because it means you cannot easily compare the broker's offering against its peers.

More importantly, the risk flag on our file — no verifiable website or social-media presence — is a warning that we could not confirm the firm's online footprint beyond the institutional site. For a CySEC-regulated entity, that is unusual, because authorised firms are normally required to maintain a clear public presence. It may simply be that the firm focuses on institutional clients and does not market to retail traders, but for a retail trader, the lack of a transparent, verifiable retail offering is a reason to pause and ask questions before committing funds.

If you are considering trading with Equiti Global Markets Ltd, our advice is to start by verifying the licence directly on the CySEC register. Confirm that the entity name, licence number 415/22 and the official domain equiti-capital.com all match. Then, check whether the firm is authorised to provide services to retail clients in your jurisdiction — remember that the institutional site says its products are for professional clients and eligible counterparties only. If you are a retail client, you may not be eligible for the firm's services at all, and you should not attempt to open an account under false pretences.

Before depositing any money, ask the broker for written confirmation of how your funds will be held, whether they are segregated, and what compensation scheme applies to you. Confirm the ICF coverage limit and understand that it applies per person, not per account. Set a deposit amount you can afford to lose, and never trade with money you need for living expenses. Finally, keep your own records of all communications and transactions — if something goes wrong, you will need evidence to support a complaint to the broker or to CySEC.

In FXCanary's assessment, Equiti Global Markets Ltd is not a broker we would call a scam. It holds a valid CySEC licence, the licence number matches across our records and the firm's own website, and we have found no evidence of cloning or impersonation. The regulatory framework in Cyprus provides a genuine layer of protection, including segregation and the ICF compensation scheme, and the firm's institutional focus suggests it is a legitimate liquidity provider rather than a fly-by-night operation.

But 'guarded' is the right word. The lack of independent reviews, the absence of a verifiable retail-facing presence, and the fact that the firm appears to target only professional clients mean that a retail trader has little public information to rely on. If you are a professional or institutional client, the CySEC licence is a meaningful safeguard. If you are a retail trader, our advice is to treat this broker with caution, verify everything independently, and consider whether a more transparent, retail-focused regulated broker might better suit your needs. The absence of evidence is not evidence of absence — but in safety terms, it is a reason to keep your guard up.