request for broker license

By Edward, from Italy, June 28, 2019 at 04:09 PM

Please can you tell me if this broker is licensed

Answer: Hi Edward,

4xincome is not a licensed broker. It is an offshore company registered in the St. Vincent and the Grenadines. The FSA of the St. Vincent and the Grenadines has announced that it does not issue any licenses for forex trading or brokerage nor does it regulate, monitor, supervise or license international companies, which engage in such activities.

We recommend traders to avoid offshore companies, as they are not supervised by any authorities and there’s a high risk of losing the investment. You can read our full 4xincome Review here.

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