ANSWER We strongly advise against using Swiss Vests, an unregulated broker. While it purports to be registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), it's important to note that forex trading, brokerage, and binary options trading are not licensed within this jurisdiction. As a result, Swiss Vests is operating in an unregulated environment.Furthermore, the Financial Services and Markets Authority (FSMA) has added Swiss Vests to its warning list of fraudulent trading platforms, strongly advising against responding to any offers made by the platform. This highlights the substantial risks associated with Swiss Vests.Therefore, investors should steer clear of Swiss Vests to avoid potential fraud schemes. When choosing a forex broker, it's crucial to conduct due diligence rather than accepting their claims at face value.
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