The ADGM Financial Services Regulatory Authority (FSRA) issued an alert about false and misleading claims made by an entity or purported entity named Oscar Markets Limited, trading as Oscar Markets, on oscarmarkets.com. The website purports to offer access to trading in Contracts for Difference across forex, cryptocurrencies, commodities and bonds, and falsely claims a physical location within ADGM. FSRA warned that these statements could mislead investors into believing Oscar Markets is licensed and authorised to operate in ADGM when it is not. Oscar Markets is not, and has never been, granted Financial Services Permission by FSRA to carry on any Regulated Activity in or from ADGM, and is not, and has never been, incorporated in ADGM or licensed to undertake commercial activities in ADGM; FSRA advised market participants to verify authorisation on the FSRA Public Register and, where relevant, check incorporation or registration status on the ADGM Registration Authority’s Public Register before dealing with any firm.
ADGM Financial Services Regulatory Authority 2025-09-24
ADGM Financial Services Regulatory Authority alerts market to misleading ADGM authorisation claims by Oscar Markets Limited
The ADGM Financial Services Regulatory Authority (FSRA) issued an alert about false claims by Oscar Markets Limited on oscarmarkets.com. The entity falsely claims to offer trading in Contracts for Difference and a physical presence in ADGM, without FSRA authorisation or incorporation in ADGM. FSRA advises verifying firm authorisation on the FSRA Public Register and checking incorporation status on the ADGM Registration Authority’s Public Register.