Could you please check if https://www.fxsuit.com is a legit broker?

I browsed through their website because I heard some really good review about it, and wanted to start trading with them. However, I found the broker looks very unprofessional. Could you please check if this is a legit broker?

FXSuit is not under any regulation and should be avoided at all events. FXSuit claims to be a trade name of Salvax Limited, a company registered in Bermuda. However, we didn't find any information about its regulation from the Bermuda Montary Authority (BMA). So FXSuit is actually not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is thoroughly a scam.

What's worse, the Spanish regulator CNMV has added FXSuit to its alert list to warn the public that this firm is not authorised to provide the investment services in the country. You can check full alert or warning here.

We would recommend you to stay away from FXSuit and any other unregulated brokerages, since they are not subject to necessary laws and principles of operation, resulting in a high risk to trade with them.