Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighOne genuine but bottom-tier Anjouan licence verified active; a second St. Vincent claim is a registration misrepresented as a licence.
Identity & transparency
6/10 · HighEntities and addresses are disclosed, but the licence misrepresentation and an unverifiable St. Vincent contracting company reduce trust.
Withdrawals & conduct
6/10 · HighFund-integrity complaints about bonus seizure and KYC-blocked withdrawals exist but involve small amounts and the pattern is not fully confirmed.
Reputation
7/10 · HighA flood of generic five-star reviews alongside scattered withdrawal complaints and low aggregator ratings; net negative and astroturf-shaped.
Website claims
8/10 · CriticalPresents a non-licence as a licence, advertises 'Best Forex Broker' awards every year 2014-2026, and claims a founding year its records do not support.
Operational history
6/10 · HighDomain verified continuous since 2017 (about nine years), which is genuine, but the claimed 2014 start and 2026 licence entity overstate its track record.
Who they are
A quick desk file on the company behind the brand.
- Brand: Salma Markets (also styled SFX / Salma FX)
- Legal entity: Salma Markets (SV) LLC (St. Vincent and the Grenadines) and Salma Markets LLC (Anjouan, Union of Comoros)
- Registered: Suite 305, Griffith Corporate Centre, Kingstown, St. Vincent and the Grenadines; and Hamchaku, Mutsamudu, Anjouan, Comoros
- Website: salmamarkets.com, with regional portals for Indonesia and Vietnam
- Only genuine licence: Anjouan Offshore Finance Authority, No. L 17888/SM, active to 17 July 2027 (a very weak offshore registration)
- Offers: Forex, metals, indices, CFDs, commodities, crypto and options, with leverage up to 1:3000
- Not accepted: USA, Canada, Sudan, Syria, North Korea
- Age claim: advertises 'since 2014'; the domain dates to 2017 and the licence entity was created in 2026
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
Financial Services Authority (St. Vincent and the Grenadines)
Anjouan Offshore Finance Authority
Why we reached this verdict
How the evidence adds up.
We rate Salma Markets high risk because the good and the bad do not balance out. It has a real web history but a hollow regulatory story.
- The Anjouan licence is real. We opened the Anjouan Offshore Finance Authority register and saw Salma Markets LLC listed with number L 17888/SM, status Active. But Anjouan is one of the weakest offshore registrars in the world, and it offers clients little to no real protection or compensation.
- The same register shows the Anjouan company was only incorporated on 17 July 2026. That sits oddly beside a website that claims to have won 'Best Forex Broker' every year from 2014 to 2026.
- The St. Vincent 'Financial Services Authority License No. 317' is not a trading licence. St. Vincent's FSA has stated plainly that it does not license or supervise forex brokers. A company number is being presented to clients as if it were regulation.
- The website domain was registered in January 2017 and has run as Salma Markets ever since, so the operation itself is not brand new. Even so, that is three years after the 2014 date it advertises.
- Customers report a familiar pattern: a small no-deposit bonus is offered, then withdrawal is refused and identity checks are used to stall it. The amounts are small and the pattern is not fully confirmed, so this is a warning sign rather than proof of large-scale theft.
- The reviews are dominated by a burst of generic five-star praise with almost nothing in between, which is a classic reputation-management signal rather than genuine feedback.
Because the operating age rests mainly on the 2017 domain, and the St. Vincent contracting company could not be independently dated, treat the history figure as an upper bound.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The Anjouan Offshore Finance Authority register lists Salma Markets LLC, company number 17888, licence L 17888/SM, status Active, with an end date of 17 July 2027.
E2The same register records the Anjouan licence entity as incorporated on 17 July 2026, which conflicts with the site's claim to have operated and won awards since 2014.
E3The broker advertises a St. Vincent 'Financial Services Authority License No. 317', but St. Vincent's FSA does not license or regulate forex brokers, so this is a company registration presented as a licence.
E4The domain salmamarkets.com was registered on 31 January 2017 and has continuous archive snapshots through 2026, showing a genuine multi-year web presence under this brand.
E5Public reviews describe a no-deposit bonus being seized and identity checks being used to block withdrawals, set against a burst of generic five-star reviews with little in between.
ModerateTrustpilotE6The broker advertises leverage up to 1:3000 and runs dedicated Indonesian and Vietnamese portals, indicating aggressive offshore retail solicitation in Asia.
ModerateSalma Markets websiteE7The site claims to have been named 'Best Forex Broker' every year from 2014 to 2026, an unverifiable award pattern that no independent source supports.
E8As of September 2026 we found no government regulator warning-list entry naming salmamarkets.com, so no confirmed enforcement action exists.
The other side
The strongest case in this broker’s favour.
In fairness, here is the strongest case for the broker.
- It does hold a genuine, currently active licence that we verified on the issuer's own register, so it is not a pure fake with no paperwork at all.
- The website has a continuous nine-year history under the same brand, which a throwaway scam site usually does not have.
- The withdrawal complaints involve very small bonus amounts, which is the kind of dispute that even ordinary aggressive brokers generate, not clear evidence of stealing large client deposits.
- It publishes company names and physical addresses rather than hiding entirely behind anonymous messaging apps.
- We found no government regulator warning naming this exact domain, so nothing here is a confirmed enforcement action.
What would change this
What we would need to see to revise the verdict.
Our view would move if new facts appeared.
- Worse: a national regulator publishing a warning that names salmamarkets.com, or several detailed reports of large deposits being frozen or seized, would push this toward a scam verdict.
- Worse: credible reports of a demand for an extra 'tax' or 'fee' before releasing funds would be decisive on its own.
- Better: the broker removing the misleading St. Vincent 'licence' language, obtaining a genuine tier-1 or tier-2 licence, and showing a clean record of paid-out withdrawals would lower the risk substantially.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Anjouan Offshore Finance Authority — Salma Markets LLC register entry
The broker's only genuine licence record, shown active until 17 July 2027
Salma Markets official website
The broker's own site and its licence claims
Trustpilot reviews for salmamarkets.com
Customer reviews, including withdrawal complaints
Frequently asked questions
Quick answers about this broker’s safety.
Is Salma Markets a scam?
We rate it high risk, not a confirmed scam. It holds one genuine but very weak offshore licence, misrepresents a second registration as a licence, and has withdrawal complaints. That is enough to be cautious, but we found no government warning naming the site.
Is Salma Markets regulated?
Only lightly. It holds an Anjouan (Comoros) Offshore Finance Authority registration, number L 17888/SM, which we confirmed is active. Anjouan is a bottom-tier offshore registrar that provides little real protection for your money.
Is the St. Vincent 'FSA License No. 317' real regulation?
No. St. Vincent and the Grenadines' Financial Services Authority does not license or supervise forex brokers. That number reflects a company registration, and presenting it as a licence is misleading.
Can I get my money out of Salma Markets?
Some traders report problems. The common complaint is that a small welcome bonus was taken back and that identity verification was used to delay or refuse withdrawals. If you trade there, test withdrawals with small amounts first.
Is my money safe with Salma Markets?
There is no meaningful safety net. The Anjouan registration carries no serious client compensation scheme, and there is no tier-1 oversight. If the firm failed or refused to pay, you would have very limited recourse.
Who owns Salma Markets?
The site names two entities: Salma Markets (SV) LLC in St. Vincent and the Grenadines, and Salma Markets LLC in Anjouan, Comoros. Beyond those company names and addresses, no clear beneficial owner is disclosed.
How old is Salma Markets?
The website has run under this brand since early 2017, so about nine years. The Anjouan licence company, however, was only created in July 2026, and the advertised 'since 2014' is not supported by the records we could check.
What is the Anjouan licence worth?
Very little. Anjouan in the Comoros is widely regarded as one of the weakest places to get a financial licence. It is cheap to obtain and comes with minimal supervision, so it should not reassure you the way a UK, Australian or EU licence would.
Is Salma Markets a clone of another broker?
No. We found no evidence it is impersonating a specific regulated firm. Its problems are its own weak licensing and misrepresentation, not stolen identity.
Why is there a flood of five-star reviews?
The review profile is heavily skewed to generic five-star praise with a few withdrawal complaints and little in between. That bimodal shape is a common sign of managed or planted positive reviews rather than genuine feedback.
What should I check before depositing with any broker?
Confirm the licence on the regulator's own register, prefer tier-1 regulators, read recent withdrawal reviews, avoid extreme leverage and pushy bonuses, and never send extra 'fees' to release your own funds.
What do I do if I was scammed by Salma Markets?
Stop depositing, gather your records, and report it to your national financial regulator and your bank or card issuer. Do not pay any 'recovery service' that asks for money upfront, as those are frequently second scams.
What we recommend
The practical takeaway from everything above.
Treat Salma Markets as high risk and do not rely on its regulation claims.
- Do not deposit money you cannot afford to lose. The only real oversight is an Anjouan registration that offers little practical protection.
- Ignore the 'St. Vincent FSA licence' wording. It is a company registration, not financial regulation.
- Be very cautious with any bonus offer, since bonuses are where the reported withdrawal problems start.
- If you are already trading there, withdraw in small test amounts first and keep records of every request.
- If you have lost money, report it to your local financial regulator and your bank or card provider, and avoid 'recovery agents' who ask for an upfront fee.
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 1, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.