Is Markets.com a Scam? Regulation Check 2026
We checked Markets.com's licence in the official FSB register. Here is what the public records say.
Verdict
Markets.com is NOT a scam. It holds FSB licence 43906, authorising it to offer trading services in South Africa.
How to verify on the official register
| Regulator | FSB FSB |
| Licence Number | 43906 |
| Regulated Entity | Finalto (IOM) Ltd |
| Founded | 2008 |
What FSB regulation means
FSB-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with FSB directly.
What FSB regulation means for your money
- Client funds held in segregated bank accounts, separate from Markets.com's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with FSB if Markets.com fails to resolve your issue
- Markets.com submits to regular independent financial audits under FSB oversight
Frequently Asked Questions
Is Markets.com a scam or legitimate?
Markets.com is NOT a scam. It holds FSB licence number 43906. FSB is one of the world's most respected financial regulators. The licence is publicly verifiable in the FSB official register.
How do I check Markets.com's FSB licence?
Go to the official FSB website and use the public register search. Search for licence number 43906 or the entity name. The record will confirm Markets.com's authorisation status and the scope of its permissions.
Are my funds safe with Markets.com?
As an FSB-regulated broker, Markets.com must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if Markets.com encounters financial difficulties.
What protection do I have as a Markets.com client in South Africa?
In South Africa, Markets.com operates under FSB supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with FSB.
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