About Exchequer Markets
Who is Exchequer Markets?
Exchequer Markets is a forex broker registered in the United Kingdom, with an official website at exchequerfx.com. The company was founded on January 18, 2022, and is based at 71-75 Shelton Street, London, England WC2H 9JQ. According to publicly available records, Exchequer Markets does not hold any known financial regulators, which is a significant factor for potential traders to consider.
Regulation and Safety
Our records indicate that Exchequer Markets has no regulatory licences from any major financial authority. This means that unlike regulated brokers, clients of Exchequer Markets have no recourse to a financial ombudsman or compensation scheme in the event of a dispute or broker failure. The lack of regulation is reflected in FXCanary's Scam Risk Score of 75 out of 100, which falls into the 'Severe' category, indicating a high level of risk for traders.
Company Background
Exchequer Markets was established relatively recently, in January 2022. The registered address at 71-75 Shelton Street is a common registered office location for many companies in London, and does not necessarily represent a physical trading floor. Without access to the broker's official website, we are unable to confirm the specific services, trading platforms, or account types offered. Traders should exercise extreme caution when dealing with unregulated entities.
Trading Services and Offerings
Based on the limited public information available, we cannot specify the full range of trading instruments, platforms, or account types offered by Exchequer Markets. Typically, forex brokers provide access to currency pairs, CFDs on indices, commodities, and cryptocurrencies. However, without confirmation from the broker's official site or any independent reviews, these details remain unverified. Prospective clients should seek this information directly from the broker and verify any claims independently.
Client Suitability
Given the severe risk rating and lack of regulation, Exchequer Markets may not be suitable for retail traders who prioritise safety and regulatory oversight. The broker might appeal to experienced traders who are willing to accept high risk, but the absence of regulatory protection makes it a highly speculative choice. FXCanary strongly recommends that traders only use regulated brokers to ensure the safety of their funds.
Overview compiled by FXCanary from regulatory records and public data. full Exchequer Markets review