Is sqmarketsfx.com a scam?

Item: sqmarketsfx.com
Rating: 1
Author: Stingray Security

'LIKELY SCAM'

Risk: HIGH

Website Screenshot

Overview

Extremely likely pig-butchering investment scam: this is a new site impersonating a well-known financial brand. Numerous concrete red flags and regulatory lies are present.

Similar Sites Detected

This site shares a visual template with 1 other flagged site, suggesting a coordinated scam network.

sqfxglobal.com

Why We Think This Is A Scam

Domain registered ~3 hours ago but claims established history, regulation, and association with Swissquote Bank Ltd.

Heavy impersonation: copies identity, branding, and regulatory claims of a real, regulated Swiss bank (Swissquote).

Claims of Swissquote Bank Ltd offering services and being regulated by FINMA, which cannot be true for a 3-hour-old, differently hosted domain.

Prominent promises around safety, low fees, and strong asset growth ('합리적인 비용으로 스위스 은행의 안전성과 안심 서비스를 누리며 투자 수익을 높이세요').

Encourages fast onboarding and funding: '단 몇 분, 3단계면 충분합니다 ... 자금 입금 원하는 금액을 새 계좌로 이체하고...'.

Hosted with RackNerd LLC, not matching any infrastructure for Swissquote or reputable banking entities; no verifiable Swiss presence.

Mix of overblown and misleading product claims (52 cryptocurrencies, trading platforms, regulatory coverage) on a completely fresh site.

Circular or generic KYC language ('여권·신분증 등 신분 증명 서류...'), typical of scam onboarding but does not provide a verifiable location or regulatory identifier.

No verifiable company registry, Swiss address, real contact data, or legal disclosures specific to actual financial operations.