Sunday, December 22, 2024

Urgent Warning Against Offshore Broker Equinox Markets Powered By cTrader!

Spread financial intelligence

Equinox Markets Limited, registered in St. Vincent & The Grenadines in September 2022, allegedly operates the broker scam Equinox Markets. The scam has been active since at least 2020, but has apparently reinvented itself with a new legal entity. The scammers eviently are about to switch to the cTrader broker platform where he is also hosted. The conversion may not be finished yet, then there are still numerous errors. In any case, you should stay far away from this offshore broker.

Key data

Trading namesEquinox Markets
Domainshttps://equinoxmarkets.com
https://app.gtech-int.com
Legal entityEquinox Markets Limited (est. Sept 2022)
Registration No 26854
Corporate advisorsWilfred Services Ltd
JurisdictionsSt. Vincent & The Grenadines
Seychelles
United Kingdom
PlatformcTrader (Spotware Systems Ltd)
AuthorizationNo

The scam narrative

Equinox Markets has until recently relied on the Cypriot-Russian Metaquotes MT4 and MT5 platforms and is now expected to switch to Ctrader.

The Cyrpus-based Spotware Systems Ltd d/b/a cTrader has been founded by Andrey Pavlov. It is a financial technology provider focusing on forex, CFD and crypto trading and management solutions for brokers, banks and traders. It offers its cTrader product suite to white label brokers and their clients. On its website, Spotware Systems informs that is just a technology vendor and does not issue investment advice, or operate a regulated/unregulated market.

Share information

If you have any information about Equinox Markets, its operators and facilitators, please share it with us through our whistleblower system, Whistle42.