After reviewing BAB Markets, we assess it as a high-risk, likely fraudulent broker. Below we break down exactly why, and what your options are if you have already deposited.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is BAB Markets?
BAB Markets markets itself as an online trading and investment service. Its public site is presented at https://www.charlestonmarkets.com/. As with most operations of this kind, the polished front end conceals a lack of the basic protections a real, regulated broker is required to provide.
Is BAB Markets regulated?
BAB Markets provides no verifiable regulatory licence. An unregulated broker answers to no one: it can freeze withdrawals, invent fees, and disappear with deposits, all without consequence. This alone is reason enough to stay away.
Red flags we identified
- Offshore or shell-company registration used to avoid oversight
- Unrealistic profit claims and pressure to deposit more
- Opaque or anonymous corporate ownership
- No verifiable licence from a recognised financial regulator
- Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
Our analysis
BAB Markets claims to be regulated by the MWALI International Services Authority (MISA) in Comoros. However, the MISA is an offshore regulatory body that is known for its weak oversight and lack of international recognition. The jurisdiction offers limited investor protection, and its regulatory framework is generally considered to be unreliable by global financial standards. Although we were able to confirm the existence of the company within MISA’s registry, MISA does not list or verify the official domain(s) associated with the licensed entity. This absence of domain registration makes it difficult to confirm whether this platform is genuinely authorised under this licence. Given these concerns, we consider BAB Markets to pose a high risk to investors and appear to be a scam.
Can you recover money lost to BAB Markets?
If you have deposited with BAB Markets, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.
Were you scammed by BAB Markets?
You may still have options. Our team can trace where your funds went and tell you honestly whether recovery is realistic — with a free, confidential case review.
Start a free recovery review →Warning: never pay an upfront fee to anyone “guaranteeing” recovery. Cleverecovery does not guarantee outcomes.