Reported as a scam / unregulated
Why LS Markets is on the register
LS Markets claims to be the brand name of LS MARKETS PTY LTD, a company registered in the British Virgin Islands and regulated by the Australian Securities & Investment Commission (ASIC) and National Futures Association (NFA). However, we found the company’s registration status in ASIC is disregistered. According to NFA, the broker is not an NFA member, which means the broker is not under valid regulations of NFA. The truth is that LS Markets is not regulated by any regulators. Letting this broker hold or control investors’ money is unsafe, and the money can not be protected by any laws. 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.