Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighGenuine Seychelles securities dealer licence confirmed on the regulator's own register, but it is a tier 3 offshore licence with no compensation scheme, the register records a different website, and the broker publishes no verify link.
Identity & transparency
4/10 · ModerateLegal entity, Seychelles registration number and registered address are disclosed and match the independent corporate record, though no management is named on the site and the register shows a different suite number and an outdated contact domain.
Withdrawals & conduct
3/10 · LowNo fund integrity complaints found on any platform we checked, but there is also no verified report of a withdrawal being paid, so the route cannot be called proven.
Reputation
6/10 · HighNo footprint whatsoever: no Trustpilot page for either domain, no forum discussion and no user reports on a broker directory, which is unusual for an operation soliciting deposits for over two years.
Website claims
4/10 · ModerateNames its real offshore regulator honestly with no fake tier-1 claim, no guaranteed returns and no invented awards, but leverage is stated as 400 to 1 on one page against a maximum of 1 to 200 elsewhere, and the English homepage omits the regulator entirely.
Operational history
4/10 · ModerateCompany created in July 2019 but the oldest CAMEL-branded domain dates from May 2023, giving a roughly three-year operating record, with no age misrepresentation on the site.
Who they are
A quick desk file on the company behind the brand.
- Brand: CAMEL INTERNATIONAL
- Legal entity: Camel International Limited, previously named QDM International Limited until December 2022
- Registered: Suite 3, Global Village, Jivan's Complex, Mont Fleuri, Mahe, Seychelles. Seychelles company number C8426166, entity created 12 July 2019
- Website: cicamel.com, with an alias site at camel-intl.com and a client portal at crm.cicamel.com
- Only licence: Seychelles Financial Services Authority securities dealer licence, advertised by the broker as SD074
- Offers: MetaTrader 5 only, with forex, gold and silver, crude oil and stock indices. ECN, Standard and Mini accounts, 0.01 minimum lot, 100 US dollars minimum deposit
- Not accepted: residents of the United States, Iran and Canada
- Age claim: the site makes no since-year claim. Its copyright reads 2024 to 2028, and the oldest CAMEL-branded domain dates from May 2023
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: Yes
We confirmed this broker on a genuine regulator’s register.
Licences the broker publishes
Seychelles Financial Services Authority
Why we reached this verdict
How the evidence adds up.
We could not find misconduct, and we could not find reassurance either. That combination is what the score reflects.
- The licence is real. We opened the Seychelles Financial Services Authority register of capital markets licensees on 14 August 2026 and found Camel International Limited on the securities dealer list, with a Mahe address and a named officer. The entity name matches the company in the site footer exactly.
- The licence is weak. A Seychelles securities dealer licence is tier 3. There is no investor compensation scheme, and the practical route to recover money is very limited compared with a UK, Australian or Cyprus licence.
- The regulator file points somewhere else. The register lists this company's website as an older domain belonging to its former QDM brand, and its contact email on that same old domain. The site actually taking clients today, cicamel.com, does not appear on the regulator record. Same company, but the regulator file is out of date and no one corrected it.
- The broker does not help you check. The site prints the licence number SD074 in its footer and legal pages, but links to no register entry. The number itself is not displayed on the regulator listing, so a visitor has no easy way to confirm it. We tie SD074 to this firm through its former name, QDM International Limited, in independent sources.
- No client trail at all. We searched Trustpilot, Reddit, MQL5 and a third-party broker directory. There is no Trustpilot page for either domain, no forum discussion, and the directory entry for this broker carries zero user reports. A broker that says it serves many active traders should leave some trace after more than two years.
- Reading of the figure. On our evidence the score works out at 49 percent. We raise it to 69 percent because the operation has no checkable client footprint, which is a risk carried by the profile rather than misconduct we found. We want to be plain about that: we are not saying this broker stole from anyone. We are saying nobody has left a public record of getting paid, and that is not the same as a clean bill of health.
- Age is an upper bound. The company dates from 2019 and the oldest CAMEL domain from May 2023, so the operating record is about three years. The Seychelles company registry is not publicly searchable, so the incorporation date comes from the global legal entity identifier record rather than the registry itself.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The Seychelles Financial Services Authority register of capital markets licensees lists Camel International Limited on its Securities Dealer list, with a Mahe address and a named officer, Huihe Zheng. The licence behind this brand is real and in force.
E2The regulator's entry for this licence holder records the company website and contact email on an older domain belonging to its former QDM brand, not the cicamel.com site that takes clients today.
E3The global legal entity record shows Camel International Limited as an active Seychelles company, registered as C8426166 at Suite 3, Global Village, Jivan's Complex, Mont Fleuri, Mahe, created 12 July 2019, with QDM International Limited recorded as its previous legal name.
E4The company number and registered address printed in the broker's own footer, NO.8426166 and Suite 3, Global Village, Mahe, match the independent corporate record exactly, which is consistent with a real disclosed operator rather than an impersonator.
E5The broker states in its footer and legal pages that it is regulated in Seychelles under licence number SD074, but provides no link to the regulator's register so a visitor can confirm it.
E6Domain records show cicamel.com was registered on 24 January 2024 through GoDaddy, with a ten-year term to 2034.
E7The alias site camel-intl.com, which carries the same brand, entity and licence number, was registered on 18 May 2023, making it the oldest CAMEL-branded domain we could date.
E8The Seychelles regulator's enforcement pages carry no action, suspension or revocation naming Camel International Limited or its former name QDM International Limited.
E9Searches of the major international warning lists on 14 August 2026, using both domains and both company names, returned no entry naming this operation.
E10No review page exists for either cicamel.com or camel-intl.com on Trustpilot, and searches of Reddit and the MetaTrader community returned no discussion of this broker. After more than two years of operation there is no public client trail in either direction.
E11A third-party broker directory records a live MetaTrader 5 server under the CAMEL name hosted in Hong Kong, and shows no user complaints or exposures filed against this broker. It also scores the firm as unregulated, which the regulator's own register contradicts.
WeakA third-party broker directoryE12A separate operation trading as CAMEL FINANCIAL on a different website attracts reports of being told to pay tax before a withdrawal. It is a different company with a different domain and registration, and none of its history belongs to this broker.
ModerateA third-party broker directoryE13The Chinese homepage advertises leverage of 400 to 1 while the account pages state a maximum of 1 to 200, and the English homepage names no regulator at all despite the Chinese footer claiming Seychelles supervision.
E14The broker runs a full Chinese-language site and portal on an offshore-only licence, excluding only the United States, Iran and Canada. Its marketing reach is far wider than the protection its licence provides.
The other side
The strongest case in this broker’s favour.
Several things here point the honest way, and they deserve stating plainly.
- The company exists, is active, and is on the regulator's own licensee list. That already puts it ahead of the large group of offshore sites that claim a licence nobody can find.
- The details line up. The registration number in the footer, C8426166, matches the number on the global legal entity record, and the Mahe address matches too. Impersonators rarely get this consistent.
- There is no warning anywhere. We checked the Seychelles regulator's enforcement pages and searched the main international warning lists for both domains and both company names. Nothing.
- The former brand does not carry a scandal. The company traded as QDM before December 2022. We found no regulator action, no warning entry and no documented victim reports against it. A third-party directory flags an older secondary Seychelles authorisation as revoked, which we could not confirm at source, and the current securities dealer licence is plainly still listed.
- The trading operation looks real. There is a live MetaTrader 5 server under the CAMEL name hosted in Hong Kong. Pure front-end scams usually have no verifiable server of their own.
- The website is honest about what it is. It names its offshore regulator rather than pretending to hold a European or Australian licence, promises no guaranteed profits, publishes its full legal document set, and states that withdrawals go only to the client's own accounts.
- A brand collision may be dragging its name down. A separate operation called CAMEL FINANCIAL LIMITED, on a different website, attracts complaints about being told to pay tax before a withdrawal. Those reports belong to that firm, not to this one, and we have not counted them here.
What would change this
What we would need to see to revise the verdict.
Concrete things that would move this report in either direction.
- Downgrade to lower risk: the Seychelles regulator updating its record so the licence entry shows cicamel.com as the licensed firm's website, and the broker publishing a direct link from its licence number to that entry.
- Downgrade to lower risk: a real client footprint building up, for example verified reviews across two platforms describing withdrawals that arrived, with amounts and dates.
- Downgrade: confirmation of the SD074 number against a numbered regulator list, rather than through the firm's former name.
- Upgrade to likely scam: three or more independent, specific reports of withdrawals refused, balances deleted or accounts frozen with money on them.
- Upgrade to confirmed scam, on its own: any credible report that a client was asked to pay a tax, fee or deposit before funds would be released.
- Upgrade: a warning notice naming cicamel.com or camel-intl.com from any regulator, or the Seychelles licence appearing as suspended, revoked or expired.
- Upgrade: evidence that the site is soliciting in a country where it holds no permission while telling clients it is covered by the Seychelles licence.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Seychelles FSA register of capital markets licensees
Open the Securities Dealer list and look for Camel International Limited.
Global legal entity record for Camel International Limited
Shows the Seychelles registration number, the address and the former name QDM International Limited.
Seychelles FSA enforcement actions
Where the regulator publishes suspensions and revocations. No entry names this company.
CAMEL INTERNATIONAL legal documents
The broker's own terms, complaints policy and risk disclosure.
Frequently asked questions
Quick answers about this broker’s safety.
Is CAMEL INTERNATIONAL a scam?
We found no proof that it is a scam, and no proof that it pays clients either. The company is real and holds a genuine Seychelles licence, but after checking several review platforms we found no client reviews at all. We rate it 69 percent risk, which means unproven rather than confirmed fraud.
Is CAMEL INTERNATIONAL regulated?
Yes, but only offshore. The Seychelles Financial Services Authority lists Camel International Limited on its securities dealer register, and the broker advertises licence number SD074. It holds no licence from a major regulator such as the FCA, ASIC or CySEC.
What is a Seychelles licence actually worth?
Not much in practical terms. It is a tier 3 offshore licence. There is no investor compensation fund, no ombudsman that will force a payout, and enforcement is limited. It proves the company was vetted and pays a fee, not that your deposit is protected.
Can I get my money out of CAMEL INTERNATIONAL?
We cannot tell you, because no public record exists of anyone succeeding or failing. The site promises same-day processing and withdrawals only to your own accounts. If you use it, withdraw a small amount early to test that the route works before depositing more.
Is my money safe with this broker?
Your money sits with a Seychelles company under a licence that carries no compensation scheme. If the firm stopped paying, recovery would be difficult and slow. Only risk an amount you could afford to lose entirely.
Who owns CAMEL INTERNATIONAL?
The operator is Camel International Limited, a Seychelles company registered as C8426166 at Suite 3, Global Village, Jivan's Complex, Mont Fleuri, Mahe. The regulator's register names an officer, Huihe Zheng. The website itself names no management team.
How old is CAMEL INTERNATIONAL?
The company dates from July 2019, but under a different name. The CAMEL brand is newer: its oldest domain was registered in May 2023 and cicamel.com in January 2024. So the working track record under this brand is roughly three years.
Was CAMEL INTERNATIONAL called something else before?
Yes. The same legal entity traded as QDM International Limited until the name changed in December 2022. The Seychelles regulator's record still lists the old QDM website for this licence holder. We found no scandal, warning or enforcement action attached to the QDM name.
Is CAMEL INTERNATIONAL a clone of another broker?
No. The licence, the company name, the registration number and the registered address all belong to this same firm, so it is not wearing another company's credentials. Be aware there is a separate and unrelated firm called CAMEL FINANCIAL on a different website, which does attract withdrawal complaints.
Why does the regulator list a different website?
Because the record was never updated after the rebrand from QDM. The licensed company is the same, but the site taking client money today is not the one on the regulator's file. That gap is one reason we rate the broker unproven rather than clean.
Does it appear on any regulator warning list?
No. We checked the Seychelles regulator's enforcement pages and searched the main international warning lists for both the brand and its domains on 14 August 2026 and found nothing. Warning lists lag new operations by months, so this is not clearance.
What should I check before depositing anywhere?
Confirm the licence on the regulator's own register, not on the broker's page. Check that the website you are depositing into is the one on that register. Test a small withdrawal first. Refuse any request to pay a fee or tax to release your funds.
What do I do if I cannot withdraw from this broker?
Send a written complaint quoting the broker's own complaints policy and keep the reply. Then report it to the Seychelles Financial Services Authority and contact your bank or card provider about a chargeback. Never pay a recovery agent who asks for money upfront.
What we recommend
The practical takeaway from everything above.
Treat this as an unproven offshore broker and size any money accordingly.
- Do not deposit more than you are prepared to write off. A Seychelles licence gives you no compensation scheme.
- Check the licence yourself before you fund an account. Open the Seychelles Financial Services Authority capital markets register and look for Camel International Limited on the securities dealer list.
- Test the exit before you trust it. Deposit a small amount, trade a little, then withdraw all of it and confirm it arrives in your own bank account before adding more.
- Never pay a tax, fee, insurance or verification charge to release a withdrawal. No legitimate broker asks for that, and it is the clearest sign that money is gone.
- Keep your own records: deposit receipts, withdrawal request dates, ticket numbers and chat transcripts. Without them a complaint goes nowhere.
- Refuse pressure. If someone contacts you privately to manage your account or push top-ups, stop and walk away.
- If you are already stuck, write a formal complaint to the broker citing its published complaints policy, then report it to the Seychelles Financial Services Authority and to your bank or card issuer for a chargeback.
- If you want the protection of a regulator that can actually enforce, choose a broker licensed in your own country instead.
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 August 14, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.