Every entity in this index passes through the Cointiverse cartography pipeline before it is pinned to the chart. Alice Markets enters with its coordinates already flashing: an official warning record sits behind the listing, and the surrounding pattern matches operations our team has mapped many times before.
What our cartographers found
Alice Markets claims to be registered in Saint Lucia and to maintain an office address in the United Arab Emirates. In the registry of Saint Lucia International Financial Centre (IFC), we were unable to locate the entity named Alice Markets Limited. Besides, Saint Lucia has no regulatory authority overseeing forex activities. Second, Alice Markets asserts it is regulated by the “Security and Commodities Authorities (SCA) in BVI” under license number SIBA/Q/31/2408. However, the correct regulatory body in the British Virgin Islands (BVI) should be the BVI Financial Services Commission (BVI FSC). SCA is actually the acronym for the Securities and Commodities Authority of the UAE. Besides, while the license number format does resemble that used by the BVI FSC, our search of the official BVI FSC register found no record of Alice Markets Limited or any entity holding license number SIBA/Q/31/2408.
Red flags on the map
- 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
- Dashboard balances that cannot be verified on-chain
If you have funds with Alice Markets
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.