By Anonymous, from United States, March 6, 2022 at 04:51 AM

Hello. I am trying to find out if the broker I currently use a scam.

Answer: Hi Anonymous,

It is not safe to trade with WSXPRO as it is an offshore unregulated broker. WSX LLC is registered in the Saint Vincent Finance Service Authority (FSA). The fact is that 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. Therefore, it became an offshore zone for shady forex brokers such as WSXPRO. Read more about St. Vincent and the Grenadines regulation by the link.

We would recommend to stop any activity with this broker and try to withdraw the funds you deposited (without your profits) and close your account.

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