Can you please help check their current regulation?

https://www.yamarkets.com/

Dear Investor,

YaMarkets claims to operate under YA Group Ltd., a company incorporated in Mauritius and regulated by the Financial Services Commission (FSC) of Mauritius. Our investigation confirms the existence of a licensed entity under this name. However, the absence of a registered domain name for the licensee makes it difficult to confirm a direct link to YaMarkets, thereby posing a potential risk of identity misrepresentation.

It is also important to note that the Mauritius FSC is an offshore regulator known for its relatively lenient oversight and limited investor protections, which further raises concerns regarding the level of regulatory scrutiny.

Additionally, YaMarkets Limited claims to be registered with Financial Services Authority (FSA) of Saint Vincent and the Grenadines as an International Business Company (IBC). While this registration has been confirmed, it does not equate to a valid financial services license. The SVG FSA has publicly stated that it does not regulate or license foreign exchange trading activities.

In conclusion, while YaMarkets appears to hold a license, investors should exercise caution when engaging with this broker due to the limitations and risks associated with its regulatory background.