464
Reviews
Yamarkets has not paid my IB of approx 5000 usd since long and this company is a big scamster. Do not open account or trade with this broker, your money will vanish overnight. YAMARKETS is in blacklist of Reserve Bank of India in India for illegal forex activities so never trade with them.
On 16/03/2025, the trade went into sale at 2.7761 from 10:21 AM, hence a loss of 83 usd has occurred. 1- Whereas on date-: 03.03.2025, the market was at this price of 2.7761 around 12 midnight. From 03.03.2025 to 16.03.2025, the market did not trigger this price, so how did it come into sale at this rate on 16.03.2025? And even if your point is accepted, Date-: 16 March 2025, the high price of the whole day candle was 2.41410 and low was 2.27357 Date-: 16/03/2025, the high and low price of the day candle was 2- How did the trade 2.7761 open at 10:21 am at such a high price and who is responsible for this?? 3- No matter how fast the market moves, a wick should be formed, nothing has been formed, the candle is not tapping the price the whole day on 16.03.2025 By doing this type of system failure with my account you guys will make my account blow Contact -
Lalit Matta is at the center of a well-structured scam network, involving forex companies that deceive and defraud innocent people. He is not acting alone — his wife, brother-in-law, and other family members are all deeply involved and knowingly supporting his illegal operations, making them accomplices. Their main office is in Dubai, with operations in India and a call center in Sri Lanka suspected of being involved in human trafficking. This is not a small operation — it’s a family-run fraud ring using fake companies and false promises. Please stay far away from any business associated with Lalit Matta or his team.
I am IB with 100+ clients. I have brought almost Million dollars within 2 months in Ya Markets, but Company didn’t pay client’s initial deposit and IB commissions. They manipulate with IB portals and steal IB rebates for themselves. Few times when we caught them, they recalculated commission, but in the end they just didn’t pay around $30,000 IB commission and $20,000 client’s initial deposits. CEO himself said that they will pay it soon, that they are short in funds and waiting for some money from India, but then he kept ignoring us for 3-4 months. People if you are looking for FX broker to invest your money, do yourself favor and invest with other broker which is regulated, trustworthy and safe. We will soon open case against Lalit (CEO of Yamarkets) in court, and everyone involved in this scam. We have all proofs to expose them
TOTALLY SCAM!!!!!