ANSWER SEVEN STAR FX is an unregulated forex broker, and it is advised not to place your trust in it.Previously, it claimed to be registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), a claim that was found to be baseless. Currently, it exhibits a certificate from the Belize Companies & Corporate Affairs Registry (BCCAR) to substantiate its legitimacy in Belize. However, upon verification with the financial regulator of this country, the Belize Financial Services Commission (Belize FSC), it appears that it does not hold a license for its financial services.This information implies that SEVEN STAR FX is unlicensed, thereby posing significant risks to investors. To prevent becoming a victim of potential fraudulent activities, it is strongly advised to avoid unlicensed brokers like SEVEN STAR FX and opt for fully regulated ones instead.
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