High Risk
Reported as a scam / unregulated
SF-700494registry entry
Why Blue Whale Markets is on the register
It claims to be registered in San Francisco. Upon investigation, no matching information was found in the National Futures Association (NFA). The truth is that Blue Whale Markets is not regulated by any regulators. Letting it hold or control investors’ money is unsafe, and the funds can not be protected by any laws. Blue Whale Markets 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.