ANSWER StonewallFX is a non-regulated broker we advise against trading with, despite the seemingly attractive deals it offers.Although StonewallFX claims to be owned and operated by H1 Tech Solutions LLC which is registered with Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA) under registration number 2554 and we did find records matching this company in the SVG FSA registry, it is important to note that the SVG FSA neither issues forex licenses nor regulates entities engaging in such activities. This means StonewallFX is literally not subject to any valid regulations in forex markets.Regarding your question, we would recommend avoiding dealing with unregulated brokers like StonewallFX. Using unregulated brokers would pose significant risks, such as loss of funds and identity theft. Therefore, we strongly suggest investors stay away from unregulated brokers and opt for fully regulated ones instead.
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