ANSWER Brokeragea is not a regulated or licensed broker for traders even though it states offers that look good to be true.Brokeragea claims to be registered in Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) with license number 26284BC2021. We indeed found a match result to this broker. However, please be informed that SVG FSA does not regulate forex brokers or issue forex licenses. So having the registration does not mean being authorized to provide financial services. Moreover, the France Autorité des Marchés Financiers (AMF) issued a warning that Brokeragea is not authorized to provide forex services. You can check the full warning from here.The truth is, Brokeragea is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Brokeragea and trade with licensed brokers.
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