ANSWER Dear Investor,
We do not recommend trading with Platinum FX due to a lack of valid broker credentials.
Platinum FX is a forex and CFD broker; however, its website does not provide any verifiable regulatory or licensing information. Currently, the website claims that the company is registered in Saint Vincent and provides an address in Dubai, UAE. Upon searching the databases of UAE regulatory authorities, including the UAE Capital Market Authority (UAE CMA), Dubai Financial Services Authority (DFSA), and Central Bank of UAE(CBUAE), we found no records associated with its claimed company name, PLATINUM INFOTECH LIMITED.
Furthermore, while we did locate this company in the registry of Financial Services Authority (FSA) of Saint Vincent and the Grenadines , please be advised that this merely signifies its incorporation as an International Business Company (IBC) and does not mean it holds any valid licenses. The SVG FSA does not regulate forex trading.
Therefore, Platinum FX operates without any regulatory authorization. We strongly advise you to avoid having any dealings with this platform to protect your financial security.
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