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Im not sure about its license. Please help me.
Dan
Guernsey
2023-01-04
ANSWER ACA Invest is not a regulated or licensed broker for traders even though it states offers that look good to be true.ACA Invest claims to have won an award in the marketplace in 2020. However, we checked its domain name and found that it was created in 2022. How could it win the award before it starts the business? It is a red flag here. Besides, the broker mentioned the Monetary Authority of Singapore (MAS) on its website but did not mention whether it has a MAS license. However, when we searched in MAS, we only found a warning against this broker issued by MAS. You can check the full warning from here.The truth is, ACA Invest is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like ACA Invest and trade with licensed brokers.
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