Reported as a scam / unregulated
Why Glorymarkets is on the register
Glorymarkets claims to be a brand name of Glorymarkets Limited, a company that has subsidies authorized and regulated by multiple regulators, including: 1) Glorymarkets Limited (Mauritius) is regulated by the Financial Services Commission of the Republic of Mauritius (Mauritius FSC) with license number GB20025826; 2) Glorymarkets Limited (Malaysia) is registered by the Labuan Financial Services Authority (LFSA) with license number MB/21/0072; 3) Glorymarkets (St. Vincent and The Grenadines) is registered by St. Vincent & The Grenadines Financial Services Authority (SVG FSA) with registration number 25034 IBC 2018. However, we did not find any match results to Glorymarkets in the above watchdogs’ registries. The regulatory information this broker claim is a false statement for unsuspecting traders. The truth is, Glorymarkets is not under valid regulation by any regulators to do forex. Investors’ funds in this broker are unsafe and cannot be protected by any law. 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.