BrokersView has Reviewed that EQ Markets is an Unregulated Broker There is no any regulatory information on its website. The truth is that EQ Markets is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Is EQ Markets legit now? Dear Investor, EQ Markets has not provided any verifiable regulatory or licensing information, merely listing an address in Nigeria. However, based on our current knowledge, Nigeria does not have a direct regulatory authority for forex and CFD derivative trading. Brokers operating in Nigeria must obtain valid broker licenses from international regulatory bodies, such as the Financial Conduct Authority (FCA). Based on the information provided on its website, EQ Markets does not have any regulatory authorization and holds no valid licenses, which poses a high risk. We strongly advise you to avoid having any dealings with such a broker to prevent potential fraud and protect your financial security. View Source