ANSWER Dear Investor,
Forexpress does not appear to be a reliable or secure trading platform.
Its website states that the company is registered in Saint Lucia and lists a physical address in Seychelles. First, we confirmed the existence of Forexpress Limited in the Saint Lucia International Financial Centre (IFC) registry. However, it is critical to note that this registration only confers International Business Company (IBC) status. The IFC does not regulate or authorize entities to conduct forex trading services.
Secondly, we have reviewed the public records of the Financial Services Authority (FSA) in Seychelles. The entity behind Forexpress is not licensed or supervised by the Seychelles FSA, despite claiming a local presence.
In summary, Forexpress operates without authorization from any credible financial regulatory authority. We strongly advise you not to engage in any trading activity with this platform.
See more