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Investors unable to withdraw funds from EcoMarkets

EcoMarkets | 2022-03-04 11:34

Abstract:FMA is concerned that EcoMarkets may be operating a scam

EcoMarkets-website__ResizedImageWzYxMCwzNjhd.jpg

FMA is concerned that EcoMarkets may be operating a scam, for the following reasons:

  • EcoMarkets is not registered in New Zealand, nor listed on the Financial Service Providers Register (FSPR).

  • Investors are unable to withdraw funds, after repeated requests.

  • EcoMarkets provide a link to a web-based platform, where the representative of EcoMarkets show investors how to trade, through phone or zoom calls.

  • Complainants have found fictitious amounts and profits being displayed on the platform.

  • EcoMarkets discourage investors paying with their MasterCard or Visa card - these card providers allow chargebacks within 540 days from transactions.

  • EcoMarkets caught the attention of complainants through their advertisements on social media platforms, such as Facebook.

FMA recommend exercising caution if dealing with this entity or their representatives James Martin and Adam Green.

Entity name & website: EcoMarkets; EcoMarkets.com

Email: support@ecomarkets.com

Address: Overschiestraat 65, 1062 XD Amsterdam, Netherlands

Phone: International +31 0102005641, Australia 0272538449, United Kingdom 01615271075

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Related broker

Not Regulated
EcoMarkets
Company name:EcoMarkets
Score
1.51
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.51

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Have you lost a significant amount of capital on the MT.COOK platform? Did you face losses due to wide spreads? Have the overall trading conditions been unpleasant for you as a trader? Did you feel that the platform worked as a Ponzi scheme? You’re not alone! Many traders have accused the brokerage entity of these issues on broker review platforms such as WikiFX. In this MT.COOK review article, we have investigated several complaints. Read on!

Original 2026-05-06 20:35

HYCM UK Swings to £236,304 Loss in 2025 as Costs Outpace Revenue Growth

HYCM Capital Markets (UK) Limited reported a £236,304 loss for 2025, as higher administrative costs offset a small rise in revenue and reversed the previous year’s profit.

Original 2026-05-06 13:53

XELLION Review: Users Claim They Can’t Withdraw Funds - Full Investigation

XELLION, a Saint Lucia-based forex broker, is reportedly facing many complaints from users. Among the complaints, the lack of smooth fund withdrawals remains the most disturbing one. This issue was not only highlighted by real users but also the Introducing Broker (IB) who expressed shock over this issue on broker review platforms. In this XELLION review article, we have examined these allegations against the brokerage entity.

Original 2026-05-05 20:53

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