PSI Markets (TBC International Markets) Review
Fast Facts
About PSI Markets (TBC International Markets)
TBC International Markets Ltd operates the trading service under the name PSI‑Markets via the domain psi‑markets.com and is presented as a Dominican investment company regulated by the International Financial Services Commission of Dominica with license number 2019 and headquartered at Tavernier Street, Wall House, Loubiere, Dominica .
The Portuguese Securities Market Commission (CMVM) has issued a regulatory warning that TBC International Markets Ltd (Psi‑Markets) is not authorised to conduct any financial intermediation activity in Portugal under Article 295 of the Portuguese Securities Code. The entity is not legally permitted to advertise, promote, or offer investment services in Portugal . Additionally, on May 12, 2025, CMVM included Psi‑Markets on its blacklist as an unregistered/unlicensed entity offering financial products or services in Portugal .
The broker is not authorised by the UK Financial Conduct Authority (FCA), and the listing is not found in the FCA register . No record of legitimate regulation by recognised authorities such as the FCA, SEC, ASIC, or CySEC is evident . Independent reviews also report that Psi‑Markets lacks proper regulatory oversight and exhibits characteristics commonly associated with fraudulent brokers .
Pros and cons
Cons
- Not authorised to operate in Portugal; included in CMVM blacklist as unlicensed entity, May 12, 2025
- No authorization from FCA or other major regulators; not listed in FCA register
- Presents itself as regulated in Dominica, but no confirmation via recognised regulatory registries
