Seychelles FSA Flags Clone Website Impersonating Admiral Markets

The Seychelles Financial Services Authority (FSA) issued a fresh alert, explicitly designating the website https://admiralmarkets.live as an unauthorized fraudulent platform. The site claims oversight from the FSA but has no affiliation with any legitimate branch of the Admiral Markets Group, with the regulator confirming that its operators hold no valid licenses. The FSA has urged forex traders to refrain from depositing funds or providing sensitive information without thorough source verification, to avert potential scams.

The impersonating site employs time-tested yet highly deceptive tactics, replicating the Admiral Markets official website almost pixel-for-pixel: the signature deep blue color scheme, prominent brand logo, and polished slogans such as “Secure your trading account.” More insidiously, it appropriates the identity markers of Admiral Markets' Seychelles arm, Admirals SC Ltd, including the company registration number 8426894-1 and retail forex license SD073. The footer declares operations “under Admirals SC Ltd,” complete with a seemingly credible support email at support@admiralmarkets.live and a promised availability window from 7:00 a.m. to 9:00 p.m. on weekdays. However, attempts to engage these channels yield only silence, underscoring the site's hollow core and likely operation by a remote network of fraudsters lying in wait for unwitting victims.

Admiral Markets, an international broker with over two decades of operation, maintains a global footprint through multiple regulated entities, each holding bespoke licenses tailored to specific markets. This segmented structure, designed to enhance transparency and client safeguards, inadvertently becomes a vulnerability for cloners: they typically pilfer only the most conspicuous single credential, overlooking the broader framework. Below is an overview of the group's three core entities' regulatory details, provided for traders' reference and self-verification:

As evident from the table, the cloners targeted solely the FSA's SD073 license, bypassing details of the FCA's UK entity or CySEC's EU counterpart. This selective appropriation lends superficial credibility to the fake site, but deeper scrutiny reveals its flaws.

Clone frauds have become a persistent scourge in the forex sector, with Admiral Markets repeatedly ensnared. In June 2024, the UK Financial Conduct Authority (FCA) publicly exposed the “Admiral Trading” site as a facsimile of its UK entity, where scammers used bogus hotlines to lure deposits from victims. Earlier that year in January, the FCA warned of a counterfeit “Admiral Markets UK Ltd” portal, primarily ensnaring novice retail investors seeking low-barrier entry. Tracing back to August 2017, the FCA's initial alert on a similar “Admiral Markets Ltd” clone resulted in multiple fund evaporations. While CySEC has not issued direct statements, 2025 industry reports frequently cite such incidents spilling over into EU markets. Lesser-known is the December 2023 FCA takedown of a variant site, fxsadmiral.com, whose operators even fabricated full account interfaces.

In response to these proliferating digital forgeries, the Admiral Markets Group has bolstered internal monitoring and routinely disseminates anti-fraud advisories on its official site. Yet prevention demands proactive measures at the outset: traders are encouraged to leverage specialized platforms like WikiFX, which aggregates multi-entity broker licensing data and real-time alerts for seamless, one-stop authenticity checks—streamlining verification and sidestepping fragmented inquiries. In this way, participants can navigate the volatile markets with fortified defenses, securing their positions amid uncertainty.