ANSWER IMF Capital Limited is not a regulated or licensed broker for traders even though it states offers that look good to be true. IMF Capital Limited claims to be registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and Saint Vincent and the Grenadines Financial Services Authority (SVG FSA). We only found a matching result in the FINTRAC but no matching results to IMF Capital Limited in SVG FSA. However, pleased be informed that neither FINRAC nor SVG FSA regulates entities engaging in forex services. Having registration does not mean having valid regulations.What's more, IMF Capital Limited also claims to be regulated by the United States National Futures Association (NFA) under the number 0524299. When we searched in NFA, we only found that IMF Capital Limited is not under valid regulation by NFA since it is not an approved member of this regulator.The truth is that IMF Capital Limited 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 IMF Capital Limited and trade with licensed brokers.
See more