Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighNo licence from any regulator while taking client deposits; the only identifier is a Saint Lucia company registration, which is not financial regulation, and the UAE register lists no Aqua entity.
Identity & transparency
6/10 · HighDiscloses an entity, address, phone and email, but the entity is an unverifiable offshore shell with no named owners, and even our own record's entity name does not match the site.
Withdrawals & conduct
3/10 · LowNo verified fund-withdrawal complaints tied to this exact domain; the only Trustpilot post is recovery-service spam, so the record is empty rather than clean.
Reputation
6/10 · HighAlmost no genuine footprint and no positive track record, and the site is linked by its template to a broker widely reported as a scam.
Website claims
5/10 · ModerateNo fake licence or guaranteed-profit claims, but unverified boasts of thousands of happy customers sit oddly with a site that has no real reviews.
Operational history
5/10 · ModerateDomain and company both date to 2024, making this an operation about one year old with no verified history.
Who they are
A quick desk file on the company behind the brand.
- Brand: AquaMarkets (also styled Aqua Markets), at aquamarkets.io
- Legal entity: AquaMarkets Ltd. Our record listed 'Aqua Index LLC', which actually belongs to a separate, now-offline Aqua site.
- Registered: Saint Lucia (Castries), company number 2024-000597, with an office in Dubai (Al Garoud)
- Website: https://www.aquamarkets.io
- Only credential shown: a Saint Lucia company registration, which is not a financial licence
- Offers: forex, precious metal, commodity, index, crypto and share CFDs; leverage up to 1:50; accounts from 500 USD
- Not accepted: United States residents
- Age claim: the site shows a 2024 copyright and names no founding year; the domain dates to August 2024
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
Licences the broker publishes
Saint Lucia company registration (no financial regulator named)
Why we reached this verdict
How the evidence adds up.
We rate AquaMarkets high risk and unverified for several reasons:
- No regulation at all. The website names no financial regulator on any page we read, and the UAE Securities and Commodities Authority register returns no Aqua entity, so the Dubai office is not backed by a UAE licence.
- An offshore shell, not a licence. The only identifier the site gives is 'AquaMarkets Ltd, registered under number 2024-000597', a Saint Lucia company registration. Saint Lucia does not license or supervise forex and CFD firms, so this number shows the company exists, not that anyone is watching it or protecting your money.
- Built from a scam template. The live-price panels on the site are tagged with the referral code of Smart Profit FX (smartprofitfx.com), another unregulated broker widely reported as a scam. The two sites share the same template.
- Young and almost invisible. The domain was registered in August 2024. For a broker soliciting deposits, it has almost no independent footprint: its Trustpilot page holds a single post, and that post is recovery-service spam rather than a real review.
- It still takes real money. Account tiers ask for 500 to 1,500 USD to trade leveraged CFDs, so the lack of oversight is not academic.
We publish 65 percent rather than a lower figure because this is an operation under three years old with no genuine track record. That number reflects a young, trace-less and unlicensed profile, not a specific act of theft we were able to document. Anyone deciding whether to deposit should treat it as unproven and unprotected.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The broker names no financial regulator on any page; its own legal text gives only 'AquaMarkets Ltd, registered under number 2024-000597', a Saint Lucia company registration.
StrongAquaMarkets legal textE2A search of the UAE Securities and Commodities Authority licensed-companies register for 'Aqua' returns no entity, confirming the Dubai-based operation holds no UAE licence.
E3The domain aquamarkets.io was registered on 10 August 2024, and its earliest security certificate dates to the same day, so the operation is about one year old.
E4AquaMarkets' live-price widgets are tagged with the referral code of smartprofitfx.com (Smart Profit FX), another unregulated broker reported as a scam, showing the two sites share one template.
ModerateAquaMarkets homepage sourceE5The Trustpilot page for aquamarkets.io holds a single review, and its text promotes a fund-recovery service rather than reviewing the broker, so there is no genuine customer footprint.
ModerateTrustpilotE6The contact page lists a registered address in Castries, Saint Lucia, alongside a Dubai office and a +971 phone; the contracting entity is a Saint Lucia company, and Saint Lucia does not regulate forex or CFD brokers.
ModerateAquaMarkets contact pageE7Account tiers require initial funding of 500 to 1,500 USD to trade leveraged CFDs, confirming the site takes client deposits and therefore needs a licence it does not hold.
ModerateAquaMarkets accounts pageE8The entity on our record, Aqua Index LLC, is not used on aquamarkets.io; it is associated with a separate, now-offline site, aquarising.com, a domain registered in 2018 that currently returns a dead hosting placeholder.
The other side
The strongest case in this broker’s favour.
In fairness to AquaMarkets, several points cut the other way:
- Being registered offshore is not by itself proof of a scam. Many brokers use Saint Lucia or similar registrations and still return client funds.
- We found no regulator warning or alert naming aquamarkets.io at the time of writing. Absence from warning lists is not a clean bill of health, but it is worth stating plainly.
- We did not find verified, first-hand complaints of stolen deposits tied to this exact domain. Much of the negative material online is about other Aqua operations, or is written by fund-recovery marketing sites.
- The site is comparatively restrained: it does not fake a top-tier licence, invent regulator logos, or promise guaranteed profits, which sets it apart from the most aggressive scams.
These points are why our verdict is high risk and unverified, not confirmed fraud.
What would change this
What we would need to see to revise the verdict.
Our view would move if new facts appeared:
- Toward safe: a genuine, verifiable licence from a real regulator that lists aquamarkets.io as an authorised website would sharply lower the risk.
- Toward safe: a track record of several years plus independent, specific reviews describing successful withdrawals would help.
- Toward scam: a regulator warning naming this domain, or a cluster of first-hand reports describing blocked withdrawals or demands to pay a fee or tax before releasing funds, would push this to a likely or confirmed scam.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Frequently asked questions
Quick answers about this broker’s safety.
Is AquaMarkets a scam?
We rate AquaMarkets as high risk and unverified. It is unregulated, runs through a Saint Lucia shell company and takes deposits with no oversight. We did not find proof of theft, but there is no regulator protecting your money, so we advise strong caution.
Is AquaMarkets a fraud?
We cannot call it fraud, which is a crime a court decides. What we can say is that it operates with no financial licence, discloses only a Saint Lucia company registration, and was built from the same template as another broker reported as a scam. We assess the risk as high.
Is AquaMarkets regulated?
No. The site names no regulator, and the UAE Securities and Commodities Authority register shows no Aqua entity. The only identifier it shows is a Saint Lucia company registration number, which is not a financial licence.
Can I withdraw my money from AquaMarkets?
There is no regulator to guarantee it. We found no verified withdrawal reports for this exact site either way. Because it is unlicensed and very new, treat withdrawals as uncertain and test a small amount before depositing more.
Is my money safe with AquaMarkets?
There is no client-money protection. Unregulated offshore brokers are not required to keep your funds segregated and have no compensation scheme, so money you deposit is at risk.
Who owns AquaMarkets?
The site lists a company called AquaMarkets Ltd, registered in Saint Lucia under number 2024-000597, with an office in Dubai. It names no directors or owners, and Saint Lucia's registry is not open to the public, so ownership is not transparent.
How old is AquaMarkets?
The website domain was registered in August 2024, so the operation is about one year old. The site shows a 2024 copyright. Claims elsewhere that it has existed for five to ten years are not supported.
What is a Saint Lucia registration worth for a broker?
Very little for your protection. It only records that a company exists. Saint Lucia does not license or supervise forex and CFD brokers, so it is not the same as being regulated.
Is AquaMarkets the same as Aqua Index LLC or AquaFunded?
Not exactly. The name Aqua Index LLC is tied to a separate, now-offline site (aquarising.com). AquaFunded is a different prop-trading firm. Several unrelated operations use the word Aqua, so match the exact website, aquamarkets.io, before trusting any review.
Does AquaMarkets have a real trading platform?
The site advertises CFD trading and shows live prices, but it does not clearly offer the standard MetaTrader 4 or MetaTrader 5 platforms. A broker without a verifiable, third-party platform is harder to trust.
What should I check before depositing with any broker?
Confirm the licence number on the regulator's own website, check that the broker's exact domain is listed there, read independent reviews for that same domain, and test a small withdrawal. If any step fails, do not deposit.
I think I was scammed by AquaMarkets. What should I do?
Stop depositing, gather all records and screenshots, and ask your bank or card provider about a chargeback. Report it to your local financial regulator and the police. Ignore anyone who promises to recover your funds for an upfront fee, as that is usually a second scam.
What we recommend
The practical takeaway from everything above.
Our advice for anyone considering AquaMarkets:
- Treat it as unregulated. If a broker holds no licence, there is no regulator to complain to and no compensation scheme if the money disappears.
- Do not deposit money you cannot afford to lose, and be especially careful with larger transfers or crypto payments.
- If you already have funds there, test a small withdrawal before adding more, and keep records of every transaction and chat.
- Prefer a broker licensed by a recognised authority such as the FCA, ASIC, CySEC or the UAE regulators, whose licence you can confirm on the regulator's own register.
- Be wary of anyone who contacts you offering to recover money from this or any broker for an upfront fee. That is a common follow-up scam.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed September 21, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
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