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WHIZ FX
Regulators: SVG FSA
https://whizfx.com/
Trading with WHIZ FX, a non-regulated broker, is strongly advised against despite the enticing deals it presents.
WHIZFX claims to be operated by WHIZFX LIMITED, a company assigned with a MSB number M22571616 by the Financial Transactions and Reports Analysis Center of Canada (FINTRAC) and registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under registration number 2546LLC2022. While corresponding records do exist in the registries of regulators thereof, it is crucial to note that these two watchdogs don't regulate forex activities. As such, the investment services provided by WHIZFX remains unsupervised by relevant regulatory bodies.
Regarding your question, your personal information on WHIZFX platform is not under legal protection due to its status as an unregulated broker. There are no rules and law in place to prevent fraud and theft. To safeguard your funds and protect your interests, it is advisable to stay away from unregulated brokers like WHIZFX and opt for fully regulated ones.
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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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