Though the Reg. Number IBC22945 with the Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA) is still valid, it cannot provide traders with funds protection and withdrawal guarantees as SVG FSA does not issue any licenses for forex trading or brokerage nor does it regulate, monitor, supervise or license international companies engaging in such activities.
In short, Instaforex (BVI) is a licensed broker because of its regulation by BVI FSC, not registration with SVG FSA. For more details of this broker, you may check our full Instaforex (BVI) review.
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