This is an archived reading from Sep 20, 2026. It is not the current one, and SalmaMarkets may have changed these documents since.Read the current report

Wikilix
Contract reading

What SalmaMarkets legally published, but does not want you to read

Every clause below was published by SalmaMarkets itself, on its own website, on the day we read it. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. This is what they said on .

Contracting entity: Salma Markets LLC.

deemed acceptancesole discretionunilateral amendmentwithdrawalsbalance adjustmentbonus lockclient moneycomplaint windowconclusive evidenceconflict of interest

SalmaMarkets links one legal page from its entire site, and that page is not a privacy policy. The contract you actually agree to is a 25 page English PDF you meet only at the signup form. It lets Salma Markets LLC. lend out your deposit, deal ahead of your order, and correct your balance at a price it sets itself. A trade confirmed on the platform binds you immediately, and any dispute goes to a court in Belize.

Back to SalmaMarkets

Contract risk

Money at risk
8.5/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
6
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
14
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
6
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
9

How the 14 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical6
Warning8
Notice0

section 54 of 54is where the deepest clause sits: the very end of the document it is in

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

2 of these 4 figures come from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical2 working daysWithdrawal limit. Jump to the clause this comes from.Withdrawals need a signed form and two business days minimumCritical2 working daysTime to complain. Jump to the clause this comes from.Platform confirmations bind you immediately$20Bonus requirement. Jump to the clause this comes from.Five lots of turnover for a maximum of $20 you can keep$30Fee you were not shown. Jump to the clause this comes from.No brokerage fees today, changeable without notice tomorrow

What the documents say

14 clauses worth knowing about, worst first, each quoted from SalmaMarkets's own files

01

Salma Markets can pool your deposit with its own money, pledge it, and use it as collateral for a loan to itself. Clause 9 grants that right, and it opens by setting aside any law that says otherwise.

Why this matters

The Advantages page tells you your funds are secure and untouched. The contract you tick at signup says Salma Markets may commingle and re-use them, so your money is exposed to the firm's own borrowing, not only to your trading.

Exhibit 1CriticalRarely seen

Notwithstanding applicable laws or regulations, Salma Markets shall have the right to sell, pledge, rehypothecate, assign, invest, commingle and otherwise use any Collateral it holds
Clause 9 in SALMA MARKETS CUSTOMER ONLINE AGREEMENT, p.11
Read from the broker's site on Open the reference
Our own capture of content.salmamarkets.net, taken on Sep 20, 2026What the contract says, clause 9Visit this page on the broker's siteDownload the full size image file
Our own capture of content.salmamarkets.net, taken on Sep 20, 2026What the contract says, clause 34Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus), ASIC (Australia)

Firms licensed by the FCA, CySEC or ASIC must hold retail client money in segregated accounts and may not use it to fund themselves. Clause 9 claims the opposite right, and says so notwithstanding applicable laws or regulations.

SalmaMarkets is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingRehypothecation is a device used between professional firms. Pointed at a retail deposit, and written with an express override of applicable law, it removes the one protection a retail client assumes they have.

  • Worse together with Exhibit 4If the money is used and not returned, clause 30 sends you to a court in Belize to argue about it.
02

Getting paid starts with a withdrawal request form you have to sign and send in writing. Clause 9 of the trading policies then takes a minimum of two business days to issue payment, while the withdrawal page advertises one to two hours.

Why this matters

The form the contract requires is published nowhere on the site, so you cannot see what you must sign until you want your money out. The two business day minimum is a floor, and nothing in the contract caps how long it can take.

Exhibit 5CriticalHarder than usual2 working days

Payments from a Customer Account require a withdrawal request form signed by all required account holders and submitted in writing to Salma Markets. The Withdrawal Request Form requires a minimum of two (2) Business Days from receipt of the withdrawal request for issuance of a check or wire transfer of funds.
Clause Trading Policies and Procedures, 9 in SALMA MARKETS CUSTOMER ONLINE AGREEMENT, p.25
Read from the broker's site on Open the reference
Our own capture of content.salmamarkets.net, taken on Sep 20, 2026What the contract says, clause Trading Policies and Procedures, 9Visit this page on the broker's siteDownload the full size image file
Our own capture of content.salmamarkets.net, taken on Sep 20, 2026What the contract says, clause Trading Policies and Procedures, 9Visit this page on the broker's siteDownload the full size image file
  • Worse together with Exhibit 8A wire withdrawal carries a $30 minimum fee on top of the wait, and that fee appears in no legal document.
03

Every trade you place is a bet against Salma Markets itself. Clause 4.2 says it enters each contract as principal and is not acting as your broker, and the risk disclosure lets its own staff fill orders ahead of yours.

Why this matters

Your loss is the firm's gain, and it can put its own order in front of yours at the same or a better price. The site sells you the opposite arrangement, calling itself a 100% FULL STP BROKER.

Exhibit 2CriticalRarely seen

All Contracts made and entered into by Salma Markets hereunder will be entered into by Salma Markets as principal. Customer acknowledges, understands and agrees that Salma Markets is not acting as a broker, intermediary, agent, and advisor or in any fiduciary capacity.
Clause 4.2 in SALMA MARKETS CUSTOMER ONLINE AGREEMENT, p.7
Read from the broker's site on Open the reference
Our own capture of content.salmamarkets.net, taken on Sep 20, 2026What the contract says, clause 4.2Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must manage conflicts of interest in the client's favour and take sufficient steps to get the best result on a retail order. This contract reserves the right to trade ahead of that order.

SalmaMarkets is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingAgreements that admit the firm acts as principal usually stop there. Writing down a right to execute ahead of a customer order, under its own heading, is something retail contracts almost never put in print.

04

A trade confirmed on the Salma Markets platform counts as correct and binding on you the moment it appears. Clause 17 gives you two business days to object in writing, and treats your silence as approval of everything the firm did.

Why this matters

You get two business days to spot and challenge a bad fill or a wrong balance. Clause 32 counts a statement as received when Salma Markets makes it available, so the clock runs whether you opened it or not.

Exhibit 3CriticalHarder than usual2 working days

Reports of the confirmation of orders and statements of Accounts for Customer shall be deemed correct and shall be conclusive and binding upon Customer the sooner of: (x) two (2) Business Days after transmittal to Customer by posted mail; or (y) immediately with respect to Orders confirmed via the Salma Markets Trading Platform.
Clause 17 in SALMA MARKETS CUSTOMER ONLINE AGREEMENT, p.15
Read from the broker's site on Open the reference
Our own capture of content.salmamarkets.net, taken on Sep 20, 2026Platform confirmations bind you immediately (clause 17)Visit this page on the broker's siteDownload the full size image file
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must run a published complaints procedure for retail clients and point them to an independent ombudsman. This contract gives you two business days to object and names no outside body.

SalmaMarkets is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 7Salma Markets can adjust the balance, and your window to challenge the adjustment closes in two business days.
05

Clause 30 picks the law of St. Vincent and the Grenadines, then sends every dispute to the courts of Belize. The agreement names no Salma Markets company in Belize, and you waive any objection to being taken there.

Why this matters

To chase your money you would need a lawyer in Belize arguing St Vincent law, in a country where the firm states no presence. You give up any right to a jury as well.

Exhibit 4CriticalRarely seen

Customer hereby submits to the jurisdiction of the courts of Belize with respect to any proceeding arising out of and relating to this Agreement, any Contract or transaction in connection herewith, and waives any objection to jurisdiction it may otherwise be entitled to assert in any such proceeding.
Clause 30 in SALMA MARKETS CUSTOMER ONLINE AGREEMENT, p.18
Read from the broker's site on Open the reference
Our own capture of content.salmamarkets.net, taken on Sep 20, 2026St Vincent law, Belize courts, and no jury (clause 30)Visit this page on the broker's siteDownload the full size image file

Our readingSplitting the governing law and the court between two countries is unusual by itself. Choosing a third country where the contract names no company leaves a client with no obvious place to serve a claim.

Salma Markets can adjust your balance and set the price the dispute is settled at

The Salma Markets risk disclosure lets the firm correct or adjust your account after what it calls a quoting error, and settle any argument at a fair market value it determines itself. Clause 17 applies the same treatment to errors whether they made you money or cost you money. Neither clause sets a time limit.

Balance corrections1 clause flagged

If Salma Markets decides a price you traded on was a quoting error, it can adjust your account balance afterwards. Any argument about that is settled at a fair market value the firm works out itself.

Why this matters

Profit you have already banked can be taken back, and the firm that takes it also decides what the correct price was. The contract sets no time limit on how long after a trade this can happen.

Exhibit 7CriticalHarder than usual

Should a quoting error occur due to a mistype of a quote or a misquote given by telephone and/or electronic means (including responses to Customer requests), Salma Markets is not liable for any resulting errors in Account Balances and reserves the right to make necessary corrections or adjustments on the Account involved.
Clause Risk Disclosure Statement, 14 in SALMA MARKETS CUSTOMER ONLINE AGREEMENT, p.22
Read from the broker's site on Open the reference
Our own capture of content.salmamarkets.net, taken on Sep 20, 2026Salma Markets can correct your balance and set the settling price (clause Risk Disclosure Statement, 14)Visit this page on the broker's siteDownload the full size image file
  • Worse together with Exhibit 2The same firm quotes the price, takes the other side of the trade, and then decides whether its own quote was an error.

The segregated accounts promise and the clause that lets Salma Markets lend your money

Clause 9 of the SalmaMarkets customer agreement lets the firm commingle, pledge and rehypothecate the money you deposit, and use it as collateral for a loan to itself. The Advantages page tells you the same money is secure and untouched. The promise is published in Indonesian too, while the clause that overrides it exists only in English.

Promise against contract1 clause flagged

SalmaMarkets sells in Indonesian across its whole site, and the box you tick says Saya menerima perjanjian pelanggan. The agreement behind that link is 25 pages of English, and clause 3.7 has you confirm you have read and understood it.

Why this matters

You are agreeing in your own language to a contract written in one you may not read. It is also the only place the agreement appears: no page on the site links it except the signup form.

Exhibit 13WarningHarder than usual

Customer has read and understands the provisions contained in this Agreement, including Salma Markets's Trading Policies and Procedures, and Customer will review the Agreement each time it is amended.
Clause 3.7 in SALMA MARKETS CUSTOMER ONLINE AGREEMENT, p.6
Read from the broker's site on Open the reference

No brokerage fees today, and the fee structure can change without notice

Clause 15 says Salma Markets charges no brokerage fees, then reserves the right to change its fee structure at any time without notice. Clause 5 lets it take fees out of your account without telling you. A wire withdrawal costs 0.2% with a $30 minimum, published only on the withdrawal page.

What it costs1 clause flagged

Clause 15 says Salma Markets charges no brokerage fees, then reserves the right to change its fee structure at any time without notice. Clause 5 lets it take fees straight out of your account without telling you first.

Why this matters

A wire withdrawal costs 0.2% with a $30 minimum, and that figure appears only on the withdrawal page, in no legal document. If you came through an introducing broker, extra commission or a wider spread can be added to your account.

Exhibit 8WarningHarder than usual$30

At this time, Salma Markets charges no brokerage fees. Salma Markets is compensated for its Services through the bid/ask spread and/or commissions.
Clause 15 in SALMA MARKETS CUSTOMER ONLINE AGREEMENT, p.14
Read from the broker's site on Open the reference
Our own capture of content.salmamarkets.net, taken on Sep 20, 2026What the contract says, clause 15Visit this page on the broker's siteDownload the full size image file

What it costsA $100 wire withdrawal is the smallest the page allows, and it carries the $30 minimum fee. You receive $70.

Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA and CySEC must disclose costs and charges to a retail client before they trade. This contract states the current position and reserves the right to change it without notice.

SalmaMarkets is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Five lots of turnover for a maximum of $20 you can keep

The SalmaMarkets no deposit bonus gives you $10 you cannot withdraw. You must trade 5 lots before any profit can be requested, and $20 is the most any customer can ever take out. Salma Markets can refuse the profit if it detects more than one IP address during the promotion.

The free $101 clause flagged

The $10 welcome credit cannot be withdrawn. You must trade 5 lots before asking for any profit, the most any customer can take out is $20, and everything closes after 30 days.

Why this matters

You take 5 lots of real risk for a ceiling of $20. Salma Markets can also refuse the profit if it detects more than one IP address, which catches anyone sharing a home or office connection.

Exhibit 6WarningHarder than usual$20

Volume perdagangan minimum adalah 5 lot. Pelanggan dapat melakukan permintaan untuk menarik keuntungan yang diperoleh ketika persyaratan lot terpenuhi.
Clause Syarat & Ketentuan in Welcome SFX Bonus 10$ Tanpa Deposit
Read from the broker's site on Open the reference
Our own capture of salmamarkets.com, taken on Sep 20, 2026What the contract says, clause Syarat & KetentuanVisit this page on the broker's siteDownload the full size image file

What it costsFive standard lots means 500,000 units of currency bought and sold. The most you can ever withdraw from that effort is $20.

What happens, and when

The stages this clause runs through, taken from the broker's own document
TriggerWhat the broker may then doClause
On claimingYou receive $10 of credit that cannot be withdrawn.Syarat & Ketentuan
5 lots tradedOnly now can you ask to withdraw the profit you made.Syarat & Ketentuan
$20 of profitNothing above $20 can be withdrawn by any customer.Syarat & Ketentuan
Day 30Trading stops and the system closes every open position.Syarat & Ketentuan

Placing one trade counts as accepting the new terms

Clause 25 binds you to any Salma Markets amendment ten days after it is posted, or the moment you enter an order. Clause 18 makes the firm's notices effective whether you receive them or not, while yours do not count until Salma Markets accepts them. The five countries it says it will not serve are all still offered on the signup form.

Changing the deal2 clauses flagged

Salma Markets can change the agreement by posting it on its website. Clause 25 binds you ten days later, or the moment you enter any order that is not closing a position, whichever comes first.

Why this matters

You can be bound by terms you never saw, because one trade counts as agreement. If you object, clause 25 requires you to close everything and instruct Salma Markets within ten business days.

Exhibit 9WarningHarder than usual10 days

Customer agrees to be bound by the terms of such amendment or change on the earlier of: (x) ten (10) days after Salma Markets has posted notice of such amendment or change to the Website or sending an e-mail message to Customer; or (y) on the date of the entry of any Order other than a Liquidating Order.
Clause 25 in SALMA MARKETS CUSTOMER ONLINE AGREEMENT, p.17
Read from the broker's site on Open the reference

Salma Markets says it does not serve residents of the USA, Canada, Sudan, Syria and North Korea. That line sits in the last paragraph of the only legal page the site links, and the registration form still lists all five countries to choose from.

Why this matters

If you open an account from one of those countries, you have broken the rule the firm states, and it is the firm that decides what follows. The signup form gave you no warning at all.

Exhibit 11WarningStandard wording5

Regional Restrictions: Salma Markets LLC does not provide services to residents of the USA, Canada, Sudan, Syria, North Korea.
Clause Regional Restrictions in Privacy Policy
Read from the broker's site on Open the reference

Buried at section 54 of 54 in the Privacy Policy, 100% of the way through.

Not answering an information request is a default that can close your positions

Clause 1.15 treats failure to promptly provide any information Salma Markets requests as an Event of Default, and clause 12 then permits liquidation with no notice. The page the site calls its Privacy Policy contains the terms of a mobile app and no privacy terms at all. Clause 6 is the only rule on your data, and it permits sharing with affiliates and third parties.

Your data and your documents2 clauses flagged

Clause 1.15 treats your failure to promptly supply any information Salma Markets asks for as an Event of Default. Clause 12 then lets the firm close your positions and apply your funds, with no notice at all.

Why this matters

A missed email while you are travelling can put you in default. Your open positions can then be liquidated before you know a document was wanted.

Exhibit 10WarningHarder than usual

(e) Customer's failure to promptly provide Salma Markets any information requested pursuant to this Agreement
Clause 1.15 in SALMA MARKETS CUSTOMER ONLINE AGREEMENT, p.2
Read from the broker's site on Open the reference

The page SalmaMarkets calls its Privacy Policy holds the terms of its mobile app instead, in English and in the Indonesian version alike. Nothing on it says what happens to your data, and clause 6 of the agreement lets the firm pass your personal data to affiliates and third party companies.

Why this matters

You cannot find out what Salma Markets does with your identity documents, because the page that should say it does not exist. The only rule you get is the one that permits sharing.

Exhibit 14WarningHarder than usual

Application SALMAFX is an application developed by SALMA MARKETS LLC
Clause APPLICATION SALMAFX TRADER TERMS AND CONDITIONS in Privacy Policy
Read from the broker's site on Open the reference

License No. 317 is the company registration number, on the broker's own page

The SalmaMarkets footer prints Financial Services Authority License No. 317. Its own bonus page describes 317 as the registration number of an International Business Company in St. Vincent and the Grenadines. Clause 13 of the agreement says the firm is registered with the authority, and a second licence in the Comoros appeared in the footer only after April 2026.

Who you are dealing with1 clause flagged

The site footer prints Financial Services Authority License No. 317. The broker's own bonus page says 317 is the registration number of an International Business Company in St. Vincent and the Grenadines, and clause 13 of the agreement says the firm is registered with the authority rather than licensed by it.

Why this matters

A company registration number is not supervision, and nothing in these documents names a compensation scheme or an ombudsman. A second licence, in Anjouan, appeared in the footer only after April 2026.

Exhibit 12WarningStandard wordingNew

LEGAL: Salma Markets LLC (St. Vincent and the Grenadines) Financial Services Authority License No. 317 Registered Address: Suite 305, Griffith Corporate Centre, Beachmont, P.O. Box 1510, Kingstown, St. Vincent and the Grenadines.
Clause Footer legal notice in Privacy Policy
Read from the broker's site on Open the reference
Our own capture of salmamarkets.com, taken on Sep 20, 2026What the contract says, clause Footer legal noticeVisit this page on the broker's siteDownload the full size image file

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

The page promises segregation and the contract reserves the right to commingle the same money.

Said in public, in English

In accordance with international regulation standards, SalmaMarkets uses separate accounts to keep protected customers' funds segregated from the company's balance sheets. This keeps your funds secure and untouched.

Advantages page, Segregated Accounts section

In the contract · clause 9

Notwithstanding applicable laws or regulations, Salma Markets shall have the right to sell, pledge, rehypothecate, assign, invest, commingle and otherwise use any Collateral it holds

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of content.salmamarkets.net

02

The safety promise is made in Indonesian while the clause that undoes it exists only in English.

Said in public, in Indonesian

Sesuai dengan standar peraturan internasional, SalmaMarkets menggunakan akun terpisah untuk menjaga dana pelanggan yang dilindungi dipisahkan dari neraca perusahaan. Ini membuat dana Anda aman dan tidak tersentuh.

Word for word in English: In accordance with international regulatory standards, SalmaMarkets uses separate accounts to keep protected customer funds separated from the company balance sheet. This makes your funds safe and untouched.

Indonesian Keuntungan page, Rekening Terpisah section

In the contract · clause 34

Customer authorizes Salma Markets to sell, pledge, rehypothecate, assign, invest, commingle and otherwise use any Collateral held by Salma Markets, including, but not limited to, using the Contracts as collateral for a loan to Salma Markets

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of content.salmamarkets.net

03

The site sells order flow passed to liquidity providers while the contract says Salma Markets is the counterparty.

Said in public, in English

100% FULL STP BROKER

Advantages page, Exceptional Client Services list

In the contract · clause 4.2

All Contracts made and entered into by Salma Markets hereunder will be entered into by Salma Markets as principal. Customer acknowledges, understands and agrees that Salma Markets is not acting as a broker, intermediary, agent, and advisor or in any fiduciary capacity.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of content.salmamarkets.net

04

The page promises hours and the contract sets a floor of two business days.

Said in public, in English

1-2 hours during financial department business hours (maximum 48 hours)

Withdrawal Options fee table, Account credit column

In the contract · clause Trading Policies and Procedures, 9

The Withdrawal Request Form requires a minimum of two (2) Business Days from receipt of the withdrawal request for issuance of a check or wire transfer of funds.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of content.salmamarkets.net

05

Indonesian clients are promised the fastest withdrawals and owe a signed written form first.

Said in public, in Indonesian

Deposit dan Penarikan tercepat

Word for word in English: Fastest deposit and withdrawal

Indonesian homepage banner

In the contract · clause Trading Policies and Procedures, 9

Payments from a Customer Account require a withdrawal request form signed by all required account holders and submitted in writing to Salma Markets.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of content.salmamarkets.net

06

The page says no commission and the contract names commission as a way the firm is paid.

Said in public, in English

NO SWAP AND COMMISION

Advantages page, benefits list

In the contract · clause 15

Salma Markets is compensated for its Services through the bid/ask spread and/or commissions.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of content.salmamarkets.net

07

Automated trading is advertised as allowed and barred on any account holding a bonus.

Said in public, in English

EXPERT ADVISORS ALLOWED

Advantages page, benefits list

In the contract · clause Syarat & Ketentuan

Baik penguncian, lindung nilai, atau perdagangan dengan EA tidak diperbolehkan di akun dengan bonus

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of salmamarkets.com

08

The same number 317 is printed as a licence on one page and as a company registration number on another.

Said in public, in English

LEGAL: Salma Markets LLC (St. Vincent and the Grenadines) Financial Services Authority License No. 317

Site footer legal notice

In the contract · clause Footer legal notice

is a Legal Firm since 2014 incorporated in St. Vincent & the Grenadines as an International Business Company with registration number 317 LLC.

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of salmamarkets.com

09

The acceptance is offered in Indonesian and the agreement it accepts is published only in English.

Said in public, in Indonesian

Saya menerima perjanjian pelanggan

Word for word in English: I accept the customer agreement

Indonesian registration form, acceptance checkbox

In the contract · clause 3.7

Customer has read and understands the provisions contained in this Agreement, including Salma Markets's Trading Policies and Procedures, and Customer will review the Agreement each time it is amended.

What changed quietly

This is our first reading of SalmaMarkets, so there is nothing to compare it against. Two facts about the documents are worth recording: the customer agreement has not changed since November 2024, and the two licence lines in the site footer are new since April 2026.

  • ADDEDClause Footer legal notice

    An address became a licence number, with no change to the terms underneath it.

    LEGAL: Salma Markets LLC (St. Vincent and the Grenadines) Financial Services Authority License No. 317 Registered Address: Suite 305, Griffith Corporate Centre, Beachmont, P.O. Box 1510, Kingstown, St. Vincent and the Grenadines.

  • ADDEDClause Footer legal notice

    A second company and a second licence, in the Comoros, appeared in the footer after April 2026.

    LEGAL: Salma Markets LLC (Anjouan Union of Comoros) Offshore Finance Authority License No. L17888 / SM Registered Address: Hamchaku, Mutsamudu, Autonomes Island of Anjouan Union of Comoros.

The documents this reading is based on

6 files, all published by SalmaMarkets. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording SalmaMarkets publishes.

How this reading was done

Every clause above was read out of a document SalmaMarkets publishes itself

This reading was published on .

Documents
6 of 6downloaded from the broker's site, and 6 read in full
Pages opened
68pages walked to find those documents, footer links included
Older copies
2earlier versions downloaded, 1 identical to the copy we hold by fingerprint
Marketing pages
11public pages set against what the contract says
Languages
EN vs IDthe language it advertises in, against the language it contracts in
Position measured
1clauses whose position was counted: which numbered section of the document holds them, out of how many

Who the contract is with

Salma Markets LLC.

Your contract is with Salma Markets LLC., named in the opening line of the customer agreement. The same company publishes four other names: Salma Markets (SV) LLC and Salma Markets (Hongkong) LLC on its bonus page, Salma Markets Companies Corp in that page's legal notice, and a Salma Markets LLC in Anjouan, Union of the Comoros, in the site footer. The agreement names only St. Vincent and the Grenadines, and clause 13 says Salma Markets is registered with the Financial Services Authority there. The footer prints that as Financial Services Authority License No. 317, while the broker's own bonus page calls 317 the registration number of an International Business Company.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

The customer agreement is detailed and specific where many offshore contracts stay vague. Clause 12 limits what you owe on a negative balance to deficits caused by a mark to market after a weekend or holiday, which is narrower than the open liability most offshore firms write. The withdrawal page names an exact fee and an exact minimum for every payment method, one by one, which many brokers never publish at all. The agreement has also been left alone: the file served today matches the copy archived in November 2024.

We read the customer agreement in full, both versions of the page the site calls its Privacy Policy, and the deposit, withdrawal and $10 bonus pages. Clause 14 binds you to a Bonus Policy, and no Bonus Policy is published anywhere on the site, so the terms of the 50% deposit bonus stay unknown. The bonus page the site links from its own menu shows nothing but the word Error. We checked the November 2024 copy of the agreement by fingerprint only and did not read it. SalmaMarkets publishes no complaints procedure and no anti money laundering policy, and the risk warnings sit inside the agreement PDF rather than in a document of their own. The Vietnamese site offered in the language menu no longer exists, so we compared the Indonesian pages only.

How to check any of this yourself

Every quote above links to the SalmaMarkets file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document SalmaMarkets publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge SalmaMarkets on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Sep 20, 2026.

If you represent SalmaMarkets and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on SalmaMarkets. Whether its licence is real and current is a separate check on the broker profile.

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