ANSWER Dear Investor,
F1 Capitals is not a secure or reliable platform, as it appears to hold no valid regulatory licenses.
Its website provides no statements regarding regulatory oversight, listing only a registered address in Saint Lucia and a physical office address in Dubai, United Arab Emirates.
We located the registration details for F1 Capitals Limited in the system of the Saint Lucia International Financial Centre (IFC). However, this registration does not authorize the company to conduct forex activities, as the Saint Lucia IFC does not regulate forex trading. Furthermore, we conducted thorough searches across the three primary regulatory authorities in the UAE: the Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA), and the Central Bank of the UAE (CBUAE). No record of F1 Capitals being licensed or authorized by any of them has been found.
Therefore, F1 Capitals operates without regulatory supervision from any recognized financial authority, meaning there is no investor protection or accountability. We strongly advise against engaging in any trading activities with this entity.
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