broker license

By PROFITFX, from India, July 15, 2022 at 01:26 PM

Is the licence broker? If yes then which under regulatory.

Answer: Hi PROFITFX,

Although ProfitFX claims to be registered in the United Kingdom, it is licensed in St. Vincent and the Grenadines. This means that it is an offshore broker trying to represent itself as a broker with tight and trustworthy regulations. This only gives ground for concerns. So, the wisest thing to do is to avoid making an investment with ProfitFX.

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