ANSWER Profitto is not a licensed forex broker. Profitto claims to be a forex broker registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA).Regarding the SVG FSA, we'd like to remind traders that SVG FSA does not regulate international companies and brokers engaging in forex activities.We keep on reminding traders to be wary of offshore brokers in SVG FSA as they don't provide any funds protection as well as withdrawals guarantee. If you are looking for brokers to deal with, we would recommend brokers regulated by top-tier regulators like FCA, CySEC, ASIC, etc.
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