ANSWER Dear Investor,
FXRoad claims to be the trading name of 4Square SY Ltd., which is regulated by the Seychelles Financial Services Authority (FSA). Our investigation confirms that the company is indeed listed as a licensee with the FSA, and that the official website and trading name match those presented by FXRoad.
However, it is important to note that, as an offshore regulator, the FSA is known for its relatively lax oversight and limited investor protection. Therefore, holding a Seychelles FSA licence alone should not be regarded as strong evidence of compliance or transparency.
We therefore advise investors to exercise caution when dealing with this broker in order to protect their funds fully.
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