DBFX Markets Limited presented itself as an online broker for trading foreign exchange (Forex) and Contracts for Difference (CFDs). However, the company has been the subject of severe warnings from several European financial regulators, including the UK's Financial Conduct Authority (FCA) and Spain's Comisión Nacional del Mercado de Valores (CNMV). These regulators have explicitly stated that the firm is not authorized to provide financial services in their jurisdictions and has been targeting residents illegally. The entity appears to be a "clone firm," a common tactic where a fraudulent company uses details of an authorized firm to seem legitimate. Its operational status is considered inactive or defunct from a legal standpoint.

Founded in

United Kingdom