ANSWER If you are looking to engage with Blink Trades, we strongly suggest you drop that plan due to its status as an unregulated platform.Blink Trades claims that it is operated by Blink Trade Ltd, incorporated in St. Lucia and registered by the Registrar of International Business Companies under Registered number 2023-00147. However, we have been unable to locate any record matching this company in the Financial Services Regulatory Authority of St. Lucia (FSRA), suggesting that it has failed to obtain any license from the financial watchdog. Further more, the FSRA doesn't regulate entities involved in forex trading.In conclusion, Blink Trades is an unregulated broker which comes with significant risks, such as financial losses and identity theft, as there are no rules in place to protect investors from fraud or theft. Therefore, we highly recommend avoiding unregulated brokers like Blink Trades and instead opt for a fully regulated one.
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