Is Rich Point Capital legally registered?

https://www.richpointcapital.com/

Dear Investor,

Thank you for reaching out. We are concerned that Rich Point Capital is a scam for the following reasons:

Firstly, Rich Point Capital solely relies on its claim of registration with the Financial Services Authority of St. Vincent and The Grenadines (SVG FSA) to appear legitimate. However, we found this claim to be baseless, as there are no corresponding records on the SVG FSA register.

Secondly, Rich Point Capital does not provide any other valid licensing information to demonstrate its compliance with the industry, indicating that it may not be properly authorized or regulated.

Thirdly, the Ontario Securities Commission (OSC) has issued a warning about Rich Point Capital for carrying out unregistered investment activities. This is a significant warning sign.

Therefore, we have reasons to suspect that Rich Point Capital is a scam and strongly advise against trading with this unregulated broker. Otherwise, your money entrusted with Rich Point Capital may be lost forever as there are no legal protections in place.