Amigos Forex is a scam?

https://amigosfx.ae/

Dear Investor,

Amigos Forex appears to be a scam.

It displays no licensing information, and even its legal entity name is not disclosed. The website only states that it is registered in Saint Lucia. However, when we searched the official registry of the Saint Lucia International Financial Centre (IFC), we found no record of a company named Amigos Forex. This raises serious doubts about whether the company is actually registered.

Even if it were registered, it’s important to note that the IFC only grants International Business Company (IBC) status, which is not equivalent to a financial license. The Saint Lucia IFC does not regulate or authorize forex trading activities, and there is no financial regulatory body in Saint Lucia that oversees such services. This means that even a properly registered IBC would operate without any financial supervision or investor protection.

Furthermore, Amigos Forex is not licensed by any reputable financial authority worldwide. The complete lack of regulation is a major red flag of a fraudulent operation. We therefore strongly advise you to avoid trading with Amigos Forex to protect your funds.