ANSWER AVFX Capital is not a licensed or regulated broker even though it states offers that look good to be true. Nation FX claims to be owned and operated by AVFX Technology (SV) Ltd, a company registered with the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) under registration number 24760. However, SVG FSA does neither issue licenses for forex trading nor regulate entities engaging in forex services.We keep on reminding traders to be wary of offshore brokers in SVG 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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