About Forex Market
Overview
Forex Market operates under the domain global-fxmarket.cn and claims to be registered in the United States as of May 16, 2018. The name suggests a focus on foreign exchange trading, but independent verification of its actual business activities is lacking. No official website content or marketing materials were available for review during this assessment.
Regulatory Status
According to our records, Forex Market has no registered regulatory licenses. This absence of oversight means there is no supervisory body to ensure compliance with financial standards or to protect client funds. Traders should be aware that operating without regulation carries significant risks, including potential lack of recourse in disputes.
Limited Public Information
Web searches for this broker returned no relevant results, suggesting a minimal online presence or possible misattribution. There are no independent user reviews, forum discussions, or third-party analyses to provide insights into the broker's reliability, platform quality, or customer service. This lack of transparency is a common red flag in the forex industry.
Risk Assessment
FXCanary has assigned Forex Market a Scam Risk Score of 45 out of 100, indicating a 'Guarded' level of risk. This score reflects the absence of regulation, limited public information, and the potential for the entity to be misrepresented. The score is not a definitive label of fraud but highlights the need for extreme caution.
Conclusion for Traders
Given the lack of regulatory oversight, no verifiable track record, and a guarded risk score, Forex Market is not recommended for traders who require a licensed broker. Those considering this entity should perform extensive due diligence, including seeking direct contact and verifying any claims made. In a market where trust is paramount, the absence of independent information speaks volumes.
Overview compiled by FXCanary from regulatory records and public data. full Forex Market review