Equity X Markets is presented online as an investment broker and trading platform that offers Forex, CFDs and other products. It markets itself to retail clients and claims easy account setup and fast returns. However, the firm is not listed on the FCA register and appears on the regulator’s unauthorised firms warning list, which raises trust issues and complaints about withdrawals and misleading contact details.
The FCA has placed Equity X Markets on its Warning List because the firm is not authorised to carry out or promote regulated financial services in the UK. Reasons include: the business is not on the FCA register, contact information may be false or recycled, and there are reports of aggressive outreach and misleading promotional material. These factors suggest risk to UK consumers and justify the FCA notice. If a firm cannot prove FCA authorisation, it’s commonly added to the list to protect the public.
Name: Equity X Markets Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the information looks genuine.
Unauthorized This firm may be providing or promoting financial services or products without our permission. You should avoid dealing with this firm and beware of scams. Almost all firms and individuals must be authorised or registered by us to carry out or promote financial services in the UK. This firm is not authorised by us and may be targeting people in the UK. Search our Warning List for other unauthorised firms and individuals we’re aware of. Unauthorised firm details Name: Equity X Markets Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the information looks genuine. What this means for you If you deal with this firm, you won’t have access to the Financial Ombudsman Service if you want to complain. You also won’t be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong. This means it’s unlikely you’d get your money back if the firm goes out of business. If you sent money to a fraudster on or after 7 October 2024, you may be covered by protections introduced by the Payment Systems Regulator (PSR). Find out what to do if you’ve been tricked into making a payment to a scam account. How to protect yourself You should only deal with financial firms that are authorised by us. If a financial firm is authorised by us, it gives you greater protection if things go wrong. You can use the FCA Firm Checker to make sure a financial firm is authorised by us and has our permission to provide the services you’re looking for. You’ll also be able to find: information on how you’re protected contact details for authorised firms If you’re contacted unexpectedly by a financial business, make sure you reply using the contact details on the Firm Checker. Find out more about how to protect yourself from scams. Report an unauthorised firm If you think you’ve been approached by an unauthorised firm, call us on 0800 111 6768, or use our contact form. This page also collects user opinions, feedback and customer stories so readers can compare experiences. For example: Equity X Markets review and complaints, Equity X Markets FCA Warning details, user experiences with Equity X Markets.
You should only deal with financial firms that are authorised by us. If a financial firm is authorised by us, it gives you greater protection if things go wrong. You can use the FCA Firm Checker to make sure a financial firm is authorised by us and has our permission to provide the services you’re looking for. You’ll also be able to find: information on how you’re protected contact details for authorised firms If you’re contacted unexpectedly by a financial business, make sure you reply using the contact details on the Firm Checker. Find out more about how to protect yourself from scams. Stay informed by subscribing to our website, follow updates about scam brokers, check reviews regularly, and always verify licenses before investing.
Equity X Markets is a scam broker and you should not trust this broker. The FCA has placed Equity X Markets on its Warning List because the firm is not authorised to provide financial services in the UK and may be targeting UK consumers. This review of Equity X Markets in 2025 highlights the risks: no FSCS protection, no access to the Financial Ombudsman Service, and likely fraudulent or misleading contact details. If you are approached by Equity X Markets, do not invest and report the firm to the FCA immediately.
