Check Broker

Fotmarkets claims to be a registered trademark of FOT Limited, an entity authorized and regulated by the Financial Services Commission (FSC) of Mauritius. While an investigation of the Mauritius FSC registry confirms the existence of a corporate license for FOT Limited, the regulator does not publicly list the authorized website domains or brands connected to that license. This gap makes it difficult to independently verify if the fotmarkets.com website is genuinely tied to the licensed corporate entity or if it is an unverified brand extension. The company also lists a subsidiary called FOT Solutions Ltd in Cyprus, but this entity holds no regulatory license or authorization from the Cyprus Securities and Exchange Commission (CySEC). A review of corporate reporting models indicates that Fotmarkets has been expanding its retail presence by offering simple account tiering and integrated MetaTrader 5 access with low minimum deposit requirements ($30). However, feedback on Trustpilot and trading forums reveals operational friction points. Users report experiencing wider floating spreads during low-liquidity market transitions and note that the offshore FSC Mauritius framework provides limited investor compensation protections compared to tier-1 structures. Given these verification gaps and the relaxed rules of offshore oversight, traders should exercise caution.