ANSWER Dear Investor,Thank you for reaching out. We have looked into the website of Performance Investment Pte Ltd and can confirm that it appears to be a scam. The trading platform seems to be quite new, with its domain registered in August 2024. It claims legitimacy by listing the Financial Services Authority of St. Vincent and The Grenadines (SVG FSA) as its regulator. However, our search for the company on the SVG FSA register found no matching records. Adding to the concerns, the Federal Financial Supervisory Authority (BaFin) has flagged Performance Investment Pte Ltd as an unauthorized firm and cautioned investors against accepting services offered through the associated website.Therefore, we strongly advise you to avoid using Performance Investment Pte Ltd. For a safer trading environment, it is recommended to opt for fully regulated brokers.
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