ANSWER Dear Investor,
Regarding your inquiry, Oval Markets claims to be a trade name of Oval Ltd and asserts that it is regulated by the Financial Services Authority (FSA) of Seychelles under license number SD221. We have conducted an investigation and can verify that the platform you are consulting is indeed regulated by this body and holds a valid license issued by the Seychelles FSA. For specific details regarding the account types they offer, we recommend contacting their customer support team directly.
However, it is important to note that the Seychelles FSA is considered an offshore regulatory authority, often associated with less stringent oversight and limited investor protection compared to top-tier jurisdictions. As such, this regulatory status should not be viewed as a guarantee of the platform’s reliability or the safety of your investments.
We strongly advise exercising caution when considering engagement with such entities. Thorough due diligence is essential before making any investment decisions.
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