About Torch Markets
Company Overview
Torch Markets is a UK-registered entity founded on 11 September 2019. The company operates under the domain torchmarkets.com. Despite its registration in the United Kingdom, Torch Markets does not hold any known regulatory licences from the Financial Conduct Authority (FCA) or any other major financial regulator.
This absence of regulatory oversight places the broker in a high-risk category for traders. The lack of a regulatory framework means there are no guarantees of fund segregation, compensation schemes, or independent dispute resolution. Traders considering Torch Markets should be aware that they operate with minimal external oversight.
Regulatory Status
Our records indicate that Torch Markets has no regulators on file. This is a significant red flag because regulation is typically the first layer of protection for retail clients. Without it, clients have no recourse to a financial ombudsman or compensation scheme in case of disputes or broker insolvency.
FXCanary’s Scam Risk Score for Torch Markets stands at 48 out of 100, which is classified as 'Guarded'. This score reflects the uncertainty and potential risks associated with an unregulated broker. While a score of 48 does not automatically mean the broker is a scam, it signals that independent verification is extremely difficult and caution is warranted.
Available Information
Publicly available information about Torch Markets is very limited. No official marketing materials, account types, trading platforms, or fee structures could be independently verified from the web search. The absence of such details makes it impossible to assess the broker’s service quality or reliability.
Potential clients should approach any unregulated broker with extreme caution. Without verifiable information, the risk of misrepresentation or financial loss is heightened. Traders are strongly advised to only use regulated brokers that provide transparent details about their operations.
Overview compiled by FXCanary from regulatory records and public data. full Torch Markets review