Is Finzo Markets Licensed?? finzomarkets.com
I would like to whether this broker is regulated or not. Is this broker licensed? Do they manipulate charts?
Finzo Markets is a Forex and CFDs broker, incorporated as an International Business Company in Saint Vincent and the Grenadines with the registration number 25993 BC 2020. We have warned about this type of license many times, as St. Vincent and the Grenadines is an offshore zone, which does register the financial investment firm, but provides very poor if none requirements to the company operation. That means, the broker is not regulated, not overseen and does not comply with strict international rules that provide protective measures to the traders. Read more about St. Vincent and the Grenadines regulation by the link. The broker also claims to have offices in Mauritius and Russia, however, Finzo Markets is not regulated in these countries.
Finzo Markets is NOT regulated and should be avoided. If you are looking for a reliable broker, check the list of the Regulated Brokers.