Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighHolds only a bottom-tier Anjouan (Comoros) licence, verified active on the register; misrepresents a Saint Vincent company number as an FSA licence; former Belize licence ceased in 2019.
Identity & transparency
5/10 · ModerateDiscloses its legal entities and offshore addresses and is not a clone, but uses mass-registration agent addresses, names no directors, and runs through Indonesian WhatsApp and Telegram support.
Withdrawals & conduct
6/10 · HighClients report small bonus balances blocked at withdrawal via KYC rejection and funds taken after trading, with support going silent; recurring but single-platform and small-stakes, so unconfirmed as systematic.
Reputation
7/10 · HighTrustpilot score 2.1 of 5; a burst of near-identical five-star reviews from Indonesia alongside genuine scam complaints; low ratings and a critical review on independent sites; no regulator warning names the domain.
Website claims
8/10 · CriticalAdvertises awards it appears never to have won, including a Best New STP Broker Asia 2017 award, labels a company registration as an FSA licence, and claims operation since 2014 although the website dates to 2017.
Operational history
6/10 · HighGenuinely established: the website has run since 2017 and the brand held a Belize licence from the same period, so roughly nine years of operating history, taken as an upper bound because the original offshore companies could not be dated.
Who they are
A quick desk file on the company behind the brand.
Salma Markets is an offshore forex and CFD broker that markets heavily to South-East Asia, especially Indonesia.
- Brand: Salma Markets (SFX)
- Legal entity: Salma Markets LLC (Saint Vincent and the Grenadines) and Salma Markets LLC (Anjouan, Union of Comoros); formerly Salma Markets Companies Corp. (Belize)
- Registered: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines; and Hamchaku, Mutsamudu, Anjouan, Comoros
- Website: salmamarkets.com (live, registered 2017); salmamarkets-trade.com (an Indonesian promo alias, not resolving)
- Only current licence: Anjouan (Comoros) Offshore Finance Authority, No. L 17888/SM, active to 17 July 2027
- Offers: forex, metals, indices, commodities, US stock CFDs, cryptocurrencies, options and futures on MetaTrader, with leverage up to 1:3000
- Not accepted: USA, Canada, Sudan, Syria, North Korea
- Age claim: says founded in 2014; the website and first (Belize) licence date to about 2017
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
Anjouan Offshore Finance Authority (Union of Comoros)
Saint Vincent and the Grenadines Financial Services Authority
Found by our investigation (1) — the broker does not list these on its own site
International Financial Services Commission of Belize (now Financial Services Commission)
Found by us — not listed by the broker
Why we reached this verdict
How the evidence adds up.
We rate Salma Markets high risk, at 60 out of 100, rather than a confirmed scam. The evidence shows real but very weak regulation and clear marketing deception, but not the kind of proven, systematic fund theft that a stronger verdict would need.
- Weak and partly misrepresented regulation. The only licence in force is from Anjouan in the Comoros, a bottom-tier offshore authority with no compensation scheme. We confirmed it on the authority own register (L 17888/SM, active to 17 July 2027). The Saint Vincent License No. 317 is a company registration dressed up as a licence, and a former Belize licence ceased in 2019.
- False and inflated claims. The site advertises awards it appears never to have received and calls itself the leading and most trusted forex broker, while labelling a company number as a regulatory licence.
- Fund-access complaints, not yet confirmed as systematic. Several clients describe a small no-deposit bonus that could not be withdrawn, a KYC rejection used to block the payout, and funds taken after trading, with support going silent. These are genuine fund-integrity concerns, but they are small-stakes, sit on a single review platform, and do not yet show a confirmed pattern.
- Genuinely established, which lowers the risk. The website has run since 2017 and the brand held a Belize licence from the same period, so this is roughly a nine-year operation, not a fresh shell. Saint Vincent and Belize do not publish an open company search, so the original operating companies cannot be dated from a registry and this figure rests on the website; the current Anjouan company was only set up in July 2026 as a licence vehicle.
- No regulator warning. No warning or alert list we checked, including international aggregators and major regulators, names salmamarkets.com, and the broker is not impersonating another firm.
Note on operating history: the 9.7-year track record rests on domain registration alone. No company incorporation date could be established, so this is an upper bound rather than a confirmed age.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The Anjouan Offshore Finance Authority register shows Salma Markets LLC holding licence L 17888/SM, status Active, incorporated 17 July 2026, licence end date 17 July 2027. The licence is genuine and currently in force, but Anjouan is a bottom-tier offshore authority with no meaningful client protection.
E2The site presents a Saint Vincent and the Grenadines Financial Services Authority License No. 317 as regulation. The number 317 is the company registration (317 LLC); the SVG FSA registers companies but does not license or regulate forex brokers, so this is a company registration shown as a licence.
E3The Belize regulator public notice states Salma Markets Companies Corp (licence IFSC/60/505/18) is no longer licensed with effect from 1 January 2019. This is the brand former licence; it is a routine non-renewal rather than a fraud finding, and the current site no longer advertises Belize.
E4The site advertises winning Best Forex Broker awards every year from 2014 to 2026 and a Best New STP Broker Asia 2017 award; independent review coverage reports these awards were never actually won.
E5Trustpilot shows a TrustScore of 2.1 of 5 across 46 reviews, with a cluster of near-identical five-star reviews from Indonesia in early 2023 and genuine one-star complaints that a no-deposit bonus balance was blocked at withdrawal after a KYC rejection and that funds were taken after trading, with the company not replying.
ModerateTrustpilot (salmamarkets.com)E6salmamarkets.com was registered on 31 January 2017, establishing roughly nine years of operation. This contradicts third-party claims that the broker started in 2024 and also undercuts the site own since-2014 claim.
ModerateVerisign RDAP (salmamarkets.com)E7salmamarkets-trade.com, the domain on our record, was registered on 13 December 2025 and is on client hold (not resolving); it served an Indonesian introducing-broker promotion for the same brand.
E8The site runs an Indonesian-language risk warning and support funnel (a Telegram handle Salmamarketsid and an Indonesian WhatsApp number) and advertises leverage up to 1:3000, indicating aggressive retail solicitation of South-East Asian clients under only offshore cover.
ModerateSalma Markets website
The other side
The strongest case in this broker’s favour.
The fair case in Salma Markets favour:
- It genuinely holds a current licence. The Anjouan registration is real and active on the regulator own register, not an invented number.
- It is a real, long-running operation. The website has been live since 2017, which is unusual for a pure fly-by-night scam.
- It discloses its legal entities and registered addresses, and it is not pretending to be a different, well-known regulated firm.
- No financial regulator has issued a warning against the website, and the Belize notice was a routine licence lapse, not an accusation of wrongdoing.
- Many reviews are positive, and the broker restricts higher-protection markets such as the USA and Canada rather than illegally soliciting them.
What would change this
What we would need to see to revise the verdict.
What would move this verdict up or down:
- Worse: a warning or alert from a national regulator naming salmamarkets.com, or a documented pattern of real-money (not just bonus) withdrawals refused across several independent platforms, would push this toward likely or confirmed scam.
- Worse: evidence of demands for an extra fee or tax before releasing funds would be a serious escalation on its own.
- Better: a genuine, verifiable licence from a credible regulator such as the FCA, ASIC, CySEC or the FSCA, with the broker own entity and website on the register, would materially improve it.
- Better: dropping the false award claims and the Saint Vincent License No. 317 framing, plus a consistent record of clients being paid on time, would lower the risk.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Frequently asked questions
Quick answers about this broker’s safety.
Is Salma Markets a scam?
We rate Salma Markets high risk, not a confirmed scam. It holds only a near-worthless Anjouan (Comoros) offshore licence, misrepresents a Saint Vincent company number as a regulatory licence, and some clients report blocked withdrawals. We advise avoiding it.
Is Salma Markets regulated?
Only lightly. Its one current licence is from the Anjouan Offshore Finance Authority in the Comoros, a bottom-tier offshore body with no investor protection. It is not regulated by any major authority such as the FCA, ASIC or CySEC.
Is Salma Markets a fraud?
No court or financial regulator has found Salma Markets guilty of fraud, and we make no such finding. What we can say is that it operates under only a bottom-tier offshore registration, presents a company number as a licence, and that some clients report bonus balances blocked at withdrawal. We assess the risk as elevated.
Can I withdraw my money from Salma Markets?
Some clients say yes and some say no. Several reviews describe small no-deposit bonus balances that could not be withdrawn after a KYC rejection, and funds taken after trading. Withdrawal problems are a real reported risk here.
Is my money safe with Salma Markets?
There is no meaningful protection. The Anjouan licence has no compensation scheme, and the broker holds no major regulator licence, so deposits are at your own risk.
Who owns Salma Markets?
The site names the entities Salma Markets LLC in Saint Vincent and the Grenadines and in Anjouan, Comoros, with a former Belize company, Salma Markets Companies Corp. No individual owners or directors are named, and support runs through Indonesian WhatsApp and Telegram channels.
How old is Salma Markets?
Its website has run since 2017 and it held a Belize licence from around the same time, so roughly nine years. The 2014 claim on the site is not something we could confirm, and the current Anjouan company was only created in July 2026.
What is the Anjouan (Comoros) licence worth?
Very little. Anjouan is one of the weakest offshore registrations available, is not a recognised supervisor, and offers no compensation if the broker fails or refuses to pay. It is cheap to obtain and gives clients almost no protection.
What is the Saint Vincent FSA License No. 317?
It is a company registration number (317 LLC), not a licence. The Saint Vincent FSA registers companies but has publicly stated it does not license or regulate forex brokers, so presenting 317 as an FSA licence is misleading.
Is Salma Markets a clone of another broker?
No. It uses its own brand and entities consistently and is not impersonating a well-known regulated firm, so it is not a clone.
What do customer reviews say?
Its Trustpilot score is 2.1 out of 5. There is a cluster of near-identical five-star reviews from Indonesia that look promotional, alongside genuine one-star complaints about blocked bonus withdrawals and seized funds. An independent review also flags fabricated award claims.
What should I check before depositing with any broker?
Confirm a licence from a strong regulator on that regulator own register, check the licensed entity and website match, read independent reviews for withdrawal complaints, avoid brokers that lean on bonuses and very high leverage, and never treat an offshore registration or a company number as real protection.
What we recommend
The practical takeaway from everything above.
If you are considering or already using Salma Markets:
- Treat it as an unprotected offshore broker. The Anjouan licence carries no compensation scheme, so money sent here is at your own risk.
- Do not deposit more than you can afford to lose, and be very cautious with bonus offers, which are the subject of the withdrawal complaints.
- Verify any licence yourself on the regulator own register before trusting it, and remember that a Saint Vincent company number is not a forex licence.
- If you cannot withdraw, keep all records (deposits, chat logs, account manager names), request a card chargeback or bank recall where possible, and report the matter to your local financial regulator and police.
- Be wary of anyone who later contacts you offering to recover your funds 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 October 13, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
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