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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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