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Why did I fail to deposit with FSM Markets?
Shamyl Teideman
Malta
Jun 26, 2026
ANSWER Dear Investor, Our advice is not to trade with FSM Markets. The platform claims to be regulated in Saint Lucia. Although we were able to find FSM Markets Limited in the Saint Lucia International Financial Centre (IFC) system, please note that Saint Lucia does not have an authoritative regulatory body for derivative forex trading. The Saint Lucia IFC is only responsible for registering International Business Companies (IBCs). This does not mean that the company has been authorized to engage in forex trading, that its activities are supervised, or that it has obtained any relevant license to conduct such financial intermediary activities. In reality, FSM Markets appears to be an unlicensed broker, and its claim of being regulated in Saint Lucia is misleading. Therefore, we advise you to avoid trading with unlicensed brokers, as your funds will not be protected or regulated by any authority.
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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.