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ospreyfx

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ANSWER Dear Investor,We are concerned that OspreyFX is a scam.OspreyFX is operated by Osprey Ltd, which claims to be registered with the Financial Services Authority of St. Vincent and The Grenadines (SVG FSA) under registration number 25288 BC 2019. However, it is important to note that St. Vincent and The Grenadines is a popular offshore jurisdiction known for its lax regulations. The SVG FSA does not regulate, monitor, supervise, or license forex brokers. Therefore, OspreyFX's claim of being registered with the SVG FSA does not constitute authorization to offer financial services or products in the forex market. In essence, OspreyFX is not regulated.Therefore, we strongly advise against using OspreyFX. We frequently receive complaints from individuals who have dealt with forex brokers registered solely with the SVG FSA, and these brokers often have poor reputations.

Is OspreyFX regulated??

Mohammad Abdullah

Costa Rica

2023-03-07

ANSWER OspreyFX is an unregulated trading platform even though it states offers that look good to be true.As is mentioned in its "Terms & Conditions", OspreyFx belongs to Osprey Ltd which is registered in St. Vincent and the Grenadines. We then did find this company's records in St Vincent and the Grenadines Fiancial Services Authority (SVG FSA). However, it should be noted that SVG FSA is not a regulatory body for forex markets.The truth is, OspreyFX 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 OspreyFX and trade with licensed brokers.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.