Dear Investor,
FirewoodFX claims to be operated by Firewood Global Ltd, which is authorized under License T2023361 issued by the Mwali International Services Authority (MISA). We have verified that this company is indeed listed as a licensed entity with MISA. The registered domain associated with this license matches the platform address you provided. However, we would like to emphasize that MISA is an offshore regulatory authority with limited oversight. Its regulatory framework lacks broad international recognition, and the level of investor protection it offers is minimal. Therefore, this licensing should not be regarded as a strong guarantee of the company’s reliability or financial security.
Additionally, FirewoodFX claims to be registered in Saint Vincent and the Grenadines. Our verification confirms that the entity is registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. It is important to note that this IBC registration is a basic corporate registration and does not constitute a financial services or forex brokerage license.
In light of the above, while FirewoodFX appears to be formally licensed, we still strongly advise exercising caution when trading with this broker.
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