ANSWER Trading with WHIZ FX, a non-regulated broker, is strongly advised against despite the enticing deals it presents.WHIZFX claims to be operated by WHIZFX LIMITED, a company assigned with a MSB number M22571616 by the Financial Transactions and Reports Analysis Center of Canada (FINTRAC) and registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under registration number 2546LLC2022. While corresponding records do exist in the registries of regulators thereof, it is crucial to note that these two watchdogs don't regulate forex activities. As such, the investment services provided by WHIZFX remains unsupervised by relevant regulatory bodies.Regarding your question, your personal information on WHIZFX platform is not under legal protection due to its status as an unregulated broker. There are no rules and law in place to prevent fraud and theft. To safeguard your funds and protect your interests, it is advisable to stay away from unregulated brokers like WHIZFX and opt for fully regulated ones.
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