Reported as a scam / unregulated
Why FMS Markets is on the register
FMS Markets claims to be owned and operated by FMS Markets Commercial Brokers LLC, a company registered and regulated in Dubai, United Arab Emirates by the Dubai Department of Economic Development (DED). We indeed find a match result to this company in DED, but please be informed that DED does not regulate entities engaging in financial derivatives services. Besides, we did not find any match results to this broker in the financial regulator of Dubai – the Dubai Financial Services Authority (DFSA). The truth is, FMS Markets 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.