ANSWER Mishov Forex is a non-regulated broker we advise against trading with despite the seemingly attractive deals it offers.Mishov Forex claims to be the trading name of Mishov Markets LLC, a company registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under Registration Number 512 LLC 2020. While it is true that corresponding records can be found in the SVG FSA registry, it is critical to note that the SVG FSA has explicitly announced that it neither issues forex licenses nor regulates entities involved in such activities. Consequently, Mishov Forex's provision of financial services remains unsupervised by the relevant regulatory authority.Regarding your question, we suggest you avoid dealing with Mishov Forex because it comes with significant risks including financial losses and identity theft. Once your money enters its system, there are no rules to safeguard it. Therefore, investors are strongly advised to stay away from non-regulated brokers like Mishov Forex and choose fully regulated ones instead.
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