FTMX Global

What Is This Scam?

FTMX Global is a fraudulent online trading platform operating through the website ftmxglobal.com. The Financial Services and Markets Authority (FSMA), Belgium's financial regulatory body, has officially listed this operation in its public warnings as a fraudulent trading platform. The FSMA issues such warnings when a firm is found to be offering financial services or investment products without the required authorisation, posing a serious risk to consumers. FTMX Global has no verifiable regulatory licence, no legitimate business registration, and no legal authorisation to solicit investments from the public.

Who Are They Impersonating?

Based on the information available, FTMX Global does not appear to be directly cloning a single specific authorised firm. Instead, it presents itself as a legitimate trading platform in order to gain the trust of potential investors. This type of fraud, known as a clone firm scam or impersonation scam, relies on professional-looking websites, fake credentials, and fabricated licensing information to convince victims that they are dealing with a regulated and trustworthy entity. The use of a formal-sounding name and trading-related branding are deliberate tactics to create a false sense of legitimacy.

Domain Information

The domain ftmxglobal.com was registered on 26 May 2025, making it less than one year old at the time of this alert. A very recently registered domain is a significant red flag when associated with financial services, as legitimate regulated brokers and investment firms typically have an established online presence spanning several years. The domain was registered through Internet Domain Service BS Corp. and the registrant country is listed as the Bahamas. This is notable because the FSMA is a Belgian authority, and a registration linked to an offshore jurisdiction such as the Bahamas is inconsistent with operating as a properly regulated European financial services firm. Scammers frequently register domains in offshore locations to obscure their true identity and evade regulatory oversight.

Red Flags

• Officially flagged by the Financial Services and Markets Authority (FSMA) of Belgium as a fraudulent trading platform.
• No verifiable regulatory licence or authorisation from any recognised financial regulator.
• Domain registered in May 2025, less than one year old, which is highly unusual for a legitimate investment firm.
• Registrant country listed as the Bahamas, conflicting with any claimed European regulatory standing.
• Domain registered through an offshore registrar, a common tactic used to hide the true identity of scam operators.
• Contact limited to an unverified email address at [email protected] with no independently verifiable business address or phone number.
• Unsolicited contact or aggressive marketing are common features of platforms like this.

What To Do If You Have Been Contacted

If you have been approached by FTMX Global or have already deposited funds with this platform, you should act promptly. Stop all communication with the platform immediately and do not send any further funds, even if you are told it is necessary to release a withdrawal. Contact your bank or payment provider as soon as possible to report the transaction and request a chargeback or recall of funds where applicable. Report the scam to the FSMA using their official website and to your national consumer protection authority. If you are based in the United Kingdom, report it to the Financial Conduct Authority (FCA) and Action Fraud. Keep all records of communications, transaction receipts, and any documentation provided by the platform, as these may be needed for any investigation or recovery attempt.