Dear Investor,
We do not recommend trading with Intercontinental Securities Limited due to a lack of valid regulatory credentials.
The broker claims to be regulated by the Financial Services Authority (FSA). Based on the registration number provided, this refers to the FSA of Saint Vincent and the Grenadines (SVG). Upon verification, we found that this registration has already been cancelled. Furthermore, even if the registration were still active, it would merely indicate its incorporation as an International Business Company (IBC) and does not constitute a valid financial license. The SVG FSA has explicitly stated that it does not regulate or issue licenses for forex trading activities.
Therefore, the claim of being regulated by the SVG FSA is misleading, especially since the registration has been revoked. We strongly advise you to avoid trading with this platform, as your funds would be left entirely unprotected.
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