Glorymarkets

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CheckBroker register › Glorymarkets
AC-506482

Glorymarkets

⚠ Flagged on the register · High risk

We checked Glorymarkets against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.

Why it’s flagged

⚑ Offshore / shell registration⚑ False or fabricated claims

What we found

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.

Assessment source: FastBull BrokersView.

What to do next

  1. Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
  2. Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
  3. Report it to your regulator and to local police / action-fraud line so it’s on the official record.
  4. Add your report here so the next person searching this name is warned — report Glorymarkets.
  5. Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.
Beware recovery scams. After a loss, fraudsters often return posing as “recovery agents” who guarantee your money back for an up-front fee. AskCheck is a free public checker — we don’t recover funds and we don’t guarantee funds can be recovered. Never pay anyone who promises a guaranteed recovery.

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