
ALS Markets' website fails to provide any verifiable information regarding regulatory status and merely states that the company is registered in India. However, to the best of our knowledge, India currently has no regulatory authority overseeing foreign exchange trading activities. This means that forex trading in India remains entirely unregulated, exposing investors to significant financial and legal risks.
Operating without proper oversight increases the likelihood of fraudulent trading practices that lead to fund loss. Therefore, ALS Markets appears to be a scam.
