Is Fxglory legit or a scam?

https://fxglory.com/

Dear Investor,

We believe that FXGlory may be a scam, as it does not hold a legitimate broker license.

The platform claims to operate under the name Glory Group Limited and states it is registered in Saint Lucia. While our investigation confirms its existence on the registry of Saint Lucia International Financial Centre(IFC), the registration only grants International Business Company (IBC) status, which does not constitute a valid financial license. The Saint Lucia IFC does not regulate or license forex activities.

Additionally, FXGlory mentions they were established in the UAE in 2011, and recently registering a new company in Saint Vincent and the Grenadines. However, no record of the company was found with the Securities and Commodities Authority (SCA) in the UAE or the Financial Services Authority (FSA) of Saint Vincent and the Grenadines.

Based on these findings, FXGlory appears to be unregulated, and there is a strong possibility of fraudulent activity. We strongly advise investors to exercise caution and avoid engaging with such platforms.