Raffles Market
We checked Raffles Market against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Raffles Market's registration with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) has been cancelled. Consequently, this forex brand is not currently registered with or regulated by any governing body. Furthermore, its website has become inaccessible, and numerous complaints have been lodged, accusing it of being a scam. These negative indicators suggest that Raffles Market may have ceased operations or absconded by shutting down its platform. Investors are advised to remain vigilant. If this brand solicits investors in the future, traders are strongly advised to avoid it.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Raffles Market.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.