ANSWER Wind Forex Trading doesn't have the license to legally provide investment services for traders.Wind Forex Trading claims to be founded in 2020 but its domain "windforex.biz" was recently registered in June 2023. When a website's age doesn't match its claim, investors must be wary, as it may be a scam.Despite having an address in the UK, Wind Forex Trading doesn't comply with the local laws. It fails to seek authorization from the Financial Conduct Authority (FCA), the financial regulatory body in this jurisdiction. Consequently, the FCA has added it to its warning list and warned the public about this unauthorized firm. You can refer to here for the full FCA warning.Therefore, Wind Forex Trading is an unlicensed platform that poses significant risks of fraud and identity theft, which could be financially and personally devastating. Individuals dealing with the scammer would not get protected by rules. To avoid such risks, it is advisable to choose a fully regulated broker instead.
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