ANSWER It is strongly advised against opening an account with Cap House, an unregulated broker.Cap House claims to be a reliable broker by showcasing an incorporation certificate from Saint Lucia. However, such a registration does not equate to financial certification, licensing, or regulation. A search for Cap House in the Financial Services Regulatory Authority (FSRA) database yielded no matching information. Additionally, it is important to note that Saint Lucia does not authorize foreign exchange trading.Given these factors, Cap House should be approached with caution, as it exhibits characteristics that are commonly associated with untrustworthy operations. Investors should stay away from unregulated brokers like Cap House and instead opt for fully regulated ones.
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