High Risk
Reported as a scam / unregulated
SF-702531registry entry
Why ALS Markets is on the register
ALS Markets’ website fails to provide any verifiable information regarding regulatory status and merely states that the company is registered in India. However, to the best of our knowledge, India currently has no regulatory authority overseeing foreign exchange trading activities. This means that forex trading in India remains entirely unregulated, exposing investors to significant financial and legal risks. Operating without proper oversight increases the likelihood of fraudulent trading practices that lead to fund loss. Therefore, ALS Markets appears to be 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.