BrokersView has found that Central Trade Markets appears to be a scam Central Trade Markets does not claim to be licensed by any regulator; it only claims to be registered in Saint Lucia. While we can confirm that there is a company with the same name in the Saint Lucia International Financial Centre (IFC) registry, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities. Being unregulated is a major red flag for a fraudulent operation. Therefore, Central Trade Markets appears to be a scam.

I want to trade on their trading platform. Any advice? Dear Investor, Central Trade Markets may not be a safe and reliable trading platform, despite its claims of being regulated in Saint Lucia. While we did locate Central Trade Markets Limited in the Saint Lucia International Financial Centre (IFC) registry, this only signifies its incorporation as an International Business Company (IBC) and does not mean it holds any valid regulatory licenses. The Saint Lucia IFC does not regulate forex trading, nor does it issue licenses to brokers. Therefore, the claim of being regulated in Saint Lucia is inherently misleading. In reality, Central Trade Markets is highly likely to operate without any regulatory authorization or valid licenses. We strongly advise you to avoid trading with such an unlicensed broker to protect your financial security. View Source