WeOnMarket Review

About WeOnMarket

WeOnMarket is not regulated by any recognized financial authority. The Cyprus Securities and Exchange Commission added weonmarket.com and platform.dashboardweonmarket.live to its warning list on November 14, 2024, stating the entity is not authorized to provide investment services or perform investment activities in Cyprus. The entity falsely claimed an FCA registration, purportedly FRN 834224, but that registration belongs to an unrelated legitimate firm and is misleadingly used by WeOnMarket.

The domain weonmarket.com was registered in February 2024, shortly before CySEC issued the warning. Investigations reveal fabrication of regulatory information, including fake CySEC and FCA licenses. These claims are unsupported and designed to mislead potential clients.

Multiple third-party analyses assign WeOnMarket a very low trust score and flag it as unsafe. ScamAdviser reports a trust score of zero with indicators such as a young domain, high-risk hosting, and potential links to fraudulent activities. WikiFX classifies the broker as high-risk, noting the absence of valid forex regulation and warning from CySEC.

User feedback further raises concerns. Scam Detector assigns a trust score of 19.6/100 and includes reports of refused withdrawals and aggressive sales tactics. Trustpilot reviews include complaints about blocked withdrawals and pressure from agents seeking personal data access.

Pros and cons

Cons

• No regulatory authorization; blacklisted by CySEC for providing investment services without licence.
• False claims of FCA registration using a misleading FRN linked to an unrelated firm.
• Very low trust scores from independent analysis; domain shows attributes common to scam operations.
• User reports cite difficulty withdrawing funds and aggressive marketing or support behavior.