ANSWER Forex4money is an unlicensed broker even though it states offers that look too good to be true.Forex4money claims to be operated by F4M LLC, an investment firm registered in Saint Vincent and Grenadines under license no. 2290LLC2022. However, it should be noted that the Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA) has no legal authority to issue forex licenses and regulate forex trading activities.Regarding your question, Forex4money has no licenses to provide financial services or products. Letting this broker hold and control your funds or trading with them is risky. We would suggest investors stay away from unlicensed brokers like Forex4money and trade with fully regulated brokers.
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