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Pride Wealth
Pride Wealth claims to be authorized by the Financial Services Regulatory Authority (FSRA) in Saint Lucia, is a licensed broker located in Dubai, U.A.E., which offers a range of investment products to traders, including forex and CFD instruments for trading in global markets.
Upon investigation, we found that Pride Wealth Ltd is registered with the International Financial Centre (IFC) in Saint Lucia, an International Business Companies Registry that doesn't license forex trading brokerage activities. It is critical to note that this mere registration doesn't mean being licensed to carry on forex trading activities. The financial watchdog of St. Lucia, Financial Services Regulatory Authority (FSRA) has stated that forex trading activities are not licensed there. Without any other valid financial licenses, Pride Wealth's financial services for forex trading are not legitimate.
However, Pride Wealth is also not authorized and regulated by the DuBai Financial Services Authority (DFSA), the Central Bank of U.A.E.(CBUAE), the Securities and Commodities Authority(SCA) in the United Arab Emirates.
The truth is that Pride Wealth is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.
Pride Wealth is a scam.
Pride Wealth claims to be authorized by the Financial Services Regulatory Authority (FSRA) in Saint Lucia, is a licensed broker located in Dubai, U.A.E., which offers a range of investment products to traders, including forex and CFD instruments for trading in global markets.Upon investigation, we found that Pride Wealth Ltd is registered with the International Financial Centre (IFC) in Saint Lucia, an International Business Companies Registry that doesn't license forex trading brokerage activities. It is critical to note that this mere registration doesn't mean being licensed to carry on forex trading activities. The financial watchdog of St. Lucia, Financial Services Regulatory Authority (FSRA) has stated that forex trading activities are not licensed there. Without any other valid financial licenses, Pride Wealth's financial services for forex trading are not legitimate. However, Pride Wealth is also not authorized and regulated by the DuBai Financial Services Authority (DFSA), the Central Bank of U.A.E.(CBUAE), the Securities and Commodities Authority(SCA) in the United Arab Emirates.The truth is that Pride Wealth is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.Pride Wealth is a scam.
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Risk Warning:
FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.
Disclaimer:
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