FinMarketHub Review

About FinMarketHub

BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht) issued a warning on 24 January 2024 concerning the website finmarkethub.co, stating that the operator under the name FinMarketHub is providing financial and investment services without the required authorisation and that no legal form is disclosed. The website lists an incomplete business address in Saint‑Josse‑ten‑Noode, Belgium, and falsely claims to hold a licence issued by the European Union—a claim that is invalid as the EU does not issue EU‑wide financial licences.

Further corroboration by BrokersView confirms that FinMarketHub is unregulated and highlights the absence of any listing in the Mauritius FSC register, despite the broker’s claim to hold a Mauritius Financial Services Commission licence. The company’s assertion of EU regulation is also unspecified and unsubstantiated. Additionally, operating in Belgium under its offered services is illegal under Belgian law, which bans leveraged OTC derivatives and binary options.

Who it’s for

• None. No confirmed regulation, licences, or registrable status exist for FinMarketHub; it has been publicly warned against by a reputable regulator.

Pros and cons

Cons

• No valid regulation or licence; claims to hold Mauritius FSC and EU licences are unverified and unsupported by official registries.
• BaFin has issued a warning that the firm operates without authorisation, identifying the website as unauthorised.
• Operating from Belgium under its stated services is illegal due to national bans on such high-risk leveraged products.