- Company name: FAH Investment LTD
- Registration/license: St. Vincent and the Grenadines
- Registration/license requirement: $2,000
Is Time4X a regulated forex broker or a scam?
no, Time4X broker is Non-Regulated Broker. It is NOT SAFE to trade.while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.
Time4X is owned by the : FAH Investment LTD. It is an offshore Forex broker registered in the St. Vincent and the Grenadines with a Financial Services Authority. It is risky to deal with the offshore registration brokers as in average it takes $2000 to get the license. The main advantages of having an offshore license are low costs, speed of formation (it takes only a few weeks to get one) and tax free. Comparing the license from UK’s Financial Conduct Authority, that costs USD 50,000 and also needs USD 100,000 of capital for the STP license aside from client deposits. In case, of obtaining Italian trading license with the CONSOB, the company would need to have EUR 50,000 of corporate capital.
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