Reported Website: https://www.alamiyamarkets.com/
Alamiya Markets is not a reliable broker even though it states offers that look good to be true. Alamiya Markets presents zero details about its regulation. Lacking regulation info is a distinctive characteristic of unlicensed brokers, as legit brokers always display their licenses and certificates in a prominent place. It is a red flag here. Downloading its official MT5 trading platform, we found the office address of this broker is in Belize. However, we did not find any match results to Alamiya Markets in the Belize Financial Services Commission (Belize FSC). That means Alamiya Markets is not regulated by any regulators. Investors’ money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
