The Financial Services and Markets Authority (FSMA) warns the public against the activities of Marketsx.fr, which offers savings and investment plans without complying with Belgian financial legislation.
The persons behind the entity named Marketsx.fr are not authorized to provide investment services in or from Belgium.
Moreover, the offers made by Marketsx.fr show numerous indications of fraud and seem to be similar to the fraudulent savings plan or wealth management offers denounced by the FSMA in the warning it published on 1 March 2019.
This entity has usurped the name of the Safecap Investment Ltd investment firm, based in Cyprus.
Furthermore, Marketsx.fr has links to the persons operating the website www.marketsx.co.uk (now inactive) about which the FSMA received several complaints from consumers.
Marketsx.fr also uses bank accounts in Portugal, Greece and Bulgaria which it claims were opened respectively in the names of Special Parallel LDA, Acces Development and TM Gloubal M.I.K.E.
The FSMA thus strongly advises against responding to any offer of financial services made by Marketsx.fr and against transferring money to any account number it might mention.
If you have the least doubt about whether financial services being offered to you are lawful, please don't hesitate to contact the FSMA directly via the consumer contact form. As well, feel free to notify us of any suspicious company that has not yet been the subject of a warning by the FSMA.