ANSWER Dear Investor,
We have previously identified Eterwealth as a potentially fraudulent platform.
Our investigation reveals that it does not provide any verifiable regulatory information and merely claims to be registered in Saint Vincent and the Grenadines. While we did confirm the company’s registration with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, this registration only grants it International Business Company (IBC) status, which does not equate to a legitimate financial services license. The SVG FSA has publicly stated that it does not regulate or license forex trading activities.
We also previously noted its claim of regulation by Australian Securities and Investments Commission (ASIC). However, our latest checks confirm that this regulatory status has now been cancelled.
As a result, Eterwealth Limited currently holds no valid authorization from any reputable financial regulator, posing an extremely high risk to investors. Although the platform may still appear active, we strongly advise against any trading activities with this broker.
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