Tradex Prime
Tradex Prime only claims to be registered in Saint Vincent and the Grenadines on its website. While we can find a matching company in the Financial Services Authority (FSA) registry of Saint Vincent and the Grenadines, this only grants International Business Company (IBC) status. This does not constitute a valid financial licence. The SVG FSA has clearly stated that it does not regulate or licence forex brokers.
Furthermore, Tradex Prime is not licensed by any recognised financial authority. This is a major red flag indicating fraudulent activity. Therefore, Tradex Prime appears to be a scam.
Tradex Prime only claims to be registered in Saint Vincent and the Grenadines on its website. While we can find a matching company in the Financial Services Authority (FSA) registry of Saint Vincent and the Grenadines, this only grants International Business Company (IBC) status. This does not constitute a valid financial licence. The SVG FSA has clearly stated that it does not regulate or licence forex brokers. Furthermore, Tradex Prime is not licensed by any recognised financial authority. This is a major red flag indicating fraudulent activity. Therefore, Tradex Prime appears to be a scam.
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