The case coordinates for Base Markets were fixed the moment an official warning list picked the operation up. Our review of the available trail supports that placement.
Position on the risk map
Base Markets states that it is regulated by the Mauritius Financial Services Commission (FSC). However, upon searching the official FSC register using the company name Base Markets Ltd., we found no record of a licensed entity matching that name. This indicates that Base Markets is not authorized by the Mauritius FSC—or any other credible financial regulator—to offer investment or forex trading services. Therefore, Base Markets appears to be a scam.
Red flags on the map
- Dashboard balances that cannot be verified on-chain
- Pressure to deposit more in order to unlock earlier deposits
- Appears on an official regulator or fraud-warning list
- No verifiable licence for the jurisdictions it targets
If you have funds with Base Markets
Do not pay anything further, whatever label the request carries. Gather your records now – transaction hashes, wallet addresses, payment receipts, and every conversation – because the strength of a case rests on that trail.
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.