ANSWER Dear Investor,
Devise Fx Markets claims to be a regulated entity under the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. However, our investigation reveals that a search of the official registry maintained by the SVG FSA does not return any record of Devise Fx Markets or any associated entity. This confirms that the company is not even registered with this authority.
Moreover, it is critical to understand that the Saint Vincent and the Grenadines FSA does not regulate forex trading. The jurisdiction only offers International Business Company (IBC) registration, which does not constitute financial regulation.
Additionally, Devise Fx Markets provides a company address in the United Kingdom, suggesting a possible UK presence. However, checks with the UK’s Financial Conduct Authority (FCA) show no record of the firm being authorized. This further confirms that the entity operates without proper regulatory supervision in the UK.
In summary, Devise Fx Markets is not regulated by any credible financial authority. We strongly advise you to avoid all dealings with Devise Fx Markets to protect your funds.
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