Reported as a scam / unregulated
Why Jewel Markets is on the register
Jewel Markets’ website fails to provide any verifiable information regarding regulatory status and merely states that its operational company, Jewel Markets Ltd, is registered in Saint Lucia. While we confirm that a matching company exists in the registry of Saint Lucia IFC, this registration merely grants it International Business Company (IBC) status, which does not constitute a valid financial license. The IFC neither regulates nor licenses forex trading activities. Besides, Jewel Markets displays an office address located in UAE. However, no matching result was found both with the database of The Securities and Commodities Authority (SCA) in UAE and Dubai Financial Services Authority (DFSA). Jewel Markets is in essence unlicensed by any recognized financial authority. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.