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Salma Markets

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Operating status: SCAM

Website: http://www.salmamarkets.com/; https://www.sfxsalmamarketsidn.com/

Broker violations and abnormal records
  • Sep 18, 2025 BrokersView has found that Salma Markets appears to be a scam

    Salma Markets claims to operate as Salma Markets LLC and states it is registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. While our finding can prove this, please note that this registration only confers International Business Company (IBC) status. Importantly, such registration does not equate to financial licensing. The SVG FSA has explicitly clarified that it does not regulate or license foreign exchange brokers, meaning this registration offers no regulatory oversight or investor protection.

    As a result, Salma Markets operates without a valid license from a credible financial regulator. This absence of proper regulation is a significant warning sign of potential fraudulent activity.

    Salma Markets claims to operate as Salma Markets LLC and states it is registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. While our finding can prove this, please note that this registration only confers International Business Company (IBC) status. Importantly, such registration does not equate to financial licensing. The SVG FSA has explicitly clarified that it does not regulate or license foreign exchange brokers, meaning this registration offers no regulatory oversight or investor protection. As a result, Salma Markets operates without a valid license from a credible financial regulator. This absence of proper regulation is a significant warning sign of potential fraudulent activity.

Related Complaints

Q&A

Is Salma Markets a scam broker ??

Ashutosh Nazare
Denmark
Sep 19, 2025
ANSWER Dear Investor, After thorough investigation, we have determined that Salma Markets is not a legitimate brokerage firm, as it lacks authorization from any recognized financial regulatory authority. The platform claims to operate as Salma Markets LLC and states it is registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. While our finding with SVG FSA matches with the statement, it is important to note that this registration only confers International Business Company (IBC) status. Importantly, such registration does not equate to financial licensing. The SVG FSA has explicitly clarified that it does not regulate or license foreign exchange brokers, meaning this registration offers no regulatory oversight or investor protection. As a result, Salma Markets operates without a valid license from a credible financial regulator. This absence of proper regulation is a significant warning sign of potential fraudulent activity. For your financial safety, we strongly recommend avoiding any engagement with this entity.
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2 comments

Dimas Tambora
Hati-hati dengan broker ini. Banyak kasus kecurangan. Penarikan ditolak.
May 17, 2024
Reply
Nathaniel
I been with trading for this broker for a few months now and haven't had much problems with the platform or trade execution , but I did experience some level rudeness from customer service...
Jul 25, 2022
Reply
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