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Blink Trades
Regulators: SVG FSA
https://blinktrades.com/
If you are looking to engage with Blink Trades, we strongly suggest you drop that plan due to its status as an unregulated platform.
Blink Trades claims that it is operated by Blink Trade Ltd, incorporated in St. Lucia and registered by the Registrar of International Business Companies under Registered number 2023-00147. However, we have been unable to locate any record matching this company in the Financial Services Regulatory Authority of St. Lucia (FSRA), suggesting that it has failed to obtain any license from the financial watchdog. Further more, the FSRA doesn't regulate entities involved in forex trading.
In conclusion, Blink Trades is an unregulated broker which comes with significant risks, such as financial losses and identity theft, as there are no rules in place to protect investors from fraud or theft. Therefore, we highly recommend avoiding unregulated brokers like Blink Trades and instead opt for a fully regulated one.
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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.
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