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Why was the withdrawal in Europa Trade Capital so slow?
David Park
Andorra
2022-07-25
ANSWER Europa Trade Capital is not a regulated or authorized broker for traders even though it states offers that look good to be true. Europa Trade Capital claims to be operated by FD Trade LLC, a company registered with St. Vincent and the Grenadines Financial Service Authority (SVG FSA) under the company registration number: 329 LLC 2020. We do find a match result to the number in SVG FSA, but please be informed that SVG FSA does not regulate forex activities or issue forex licenses. Moreover, the Belgian Financial Services and Markets Authority (FSMA), the UK Financial Conduct Authority (FCA), and the Austrian Financial Market Authority (FMA) issued warnings against Europa Trade Capital as a fraudulent online trading platform without authorization and regulation. You can check full warnings from FSMA, FCA and FMA.The truth is, Europa Trade Capital 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 Europa Trade Capital and trade with licensed brokers.
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