AndroMarkets is pinned to our watch chart for a reason. When our cartographers traced the operation, the trail lined up with an official warning record rather than with any verifiable licence.
Position on the risk map
AndroMarkets claims to operate under the name Andro Markets Ltd, registered in Saint Lucia, and maintains a physical presence in Dubai. First, while its registration with the Saint Lucia International Financial Centre (IFC) could be found, this only grants it International Business Company (IBC) status, which is not a valid financial services license. Second, a search of the public registers of all relevant UAE financial regulators, including the Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA), and the Central Bank of the UAE (CBUAE), shows no record of Andro Markets Ltd or any affiliated entity. This confirms that the platform is not authorized to operate as a broker in Dubai or anywhere else in the UAE. In effect, AndroMarkets holds no legitimate regulatory license. Therefore, it is a scam.
Red flags on the map
- Appears on an official regulator or fraud-warning list
- No verifiable licence for the jurisdictions it targets
- Withdrawal friction: new fees or conditions appear at cash-out time
- Aggressive outreach through social platforms and messaging apps
If you have funds with AndroMarkets
Stop sending money immediately – especially any payment framed as a tax, unlock fee, or verification deposit. Preserve everything: transaction hashes, wallet addresses, receipts, chat logs and emails. The paper trail is what a recovery review runs on.
Cointiverse can chart where the funds moved and give you an honest read on whether a realistic path exists. Start a confidential case review – there is no obligation, and the first assessment is free.