Some operations earn a place on the Cointiverse map through victim reports; Foti Markets arrived by regulator flag. Both routes end at the same coordinates: elevated risk.
What the chart shows
Foti Markets claims to be based in the Comoros and states that it is a trading name of Foti Capital Ltd, which is authorized by the Union of Comoros Offshore Finance Authority (UCOFA). Our investigation reveals that it is actually regulated by the Anjouan Offshore Finance Authority (AOFA). This regulatory body is known for extremely weak oversight, offers very limited investor protection, and is widely regarded as lacking credibility. Furthermore, AOFA does not maintain a public registry of licensed brokers on an official website, significantly increasing the risks for investors. Notably, Foti Markets does not appear to be supervised or licensed by any recognized mainstream financial regulatory authority. Due to these serious concerns, we have classified Foti Markets as a fraudulent broker.
Red flags on the map
- Pressure to deposit more in order to unlock earlier deposits
- Appears on an official regulator or fraud-warning list
- No verifiable licence for the jurisdictions it targets
- Withdrawal friction: new fees or conditions appear at cash-out time
If you have funds with Foti Markets
Do not pay anything further, whatever label the request carries. Gather your records now – transaction hashes, wallet addresses, payment receipts, and every conversation – because the strength of a case rests on that trail.
Cointiverse can chart where the funds moved and give you an honest read on whether a realistic path exists. Start a confidential case review – there is no obligation, and the first assessment is free.