Our investigation into Clover Markets found an operation with the classic markings of an investment scam. If you are weighing a deposit — or trying to get one back — read this first.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is Clover Markets?
On the surface, Clover Markets looks like an ordinary forex and crypto broker. Its public site is presented at https://clovermarkets.com/. But surface impressions are exactly what these operations rely on — the substance behind Clover Markets is where the problems begin.
Is Clover Markets regulated?
Clover 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
- Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”
- Account dashboards that show “gains” with no real market exposure
- Offshore or shell-company registration used to avoid oversight
- No credible physical address or verifiable corporate record
- No verifiable licence from a recognised financial regulator
Our analysis
Clover Markets claims that Clover Markets Limited is authorized by the Vanuatu Financial Services Commissions(VFSC). However, our search of the official VFSC licensee register found no record of it or the stated licence. This discrepancy strongly suggests that the firm’s regulatory claims are inaccurate or deliberately misleading. Besides, VFSC does not provide any other licensing information. Until verifiable evidence of legitimate authorization is provided, we assess Clover Markets as a likely unlicensed or fraudulent broker and advise extreme caution.
Can you recover money lost to Clover Markets?
If you have deposited with Clover 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 Clover 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.