ehamarkets claims to be authorized by the Labuan Financial Services Authority (LFSA). However, while a licence under the stated details does appear in the official LFSA register, the registered website domain associated with that licence does not match the website currently used by ehamarkets. This mismatch raises serious doubts about whether ehamarkets is genuinely operating under the claimed authorization. Moreover, ehamarkets does not provide any additional verifiable licensing information or clarification regarding this discrepancy. Until the firm can demonstrate that its current website and operations are explicitly covered by a valid licence, we assess ehamarkets as likely unlicensed or potentially fraudulent. Therefore, ehamarkets appears to be a scam.