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esta trade

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I read something about Esta Trade, i don't know, it just sound too good to be true, and sound like a scam. Could you please double check for me?
Ward Corey
美属维尔京群岛
2022-02-09
ANSWER Esta Trade is not a regulated broker and should be avoided at all events. We found that this broker's website is not available right now, as most probably it has been suspended, which is always a bad sign. Based on the information we hold, Esta Trade is a shady broker merely registered in the offshore financial institution, namely Financial Services Authority of the St. Vincent and the Grenadines (SVG FSA). SVG FSA actually does not issue any licenses for forex trading or brokerage nor does it regulate, monitor, supervise or license international companies engaging in such activities. Therefore, we highly recommend exercising caution when dealing with brokers claiming to be registered in or regulated by SVG FSA as they are actually under no valid regulation.
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