ANSWER Dear Investor,
BerryPAX is an untrustworthy platform that operates without authorisation from any recognised financial regulatory body.
Its website provides no verifiable information about its regulatory status, merely stating that the company is registered in Saint Lucia. However, to the best of our knowledge, Saint Lucia currently has no regulatory authority overseeing foreign exchange trading activities. While we can confirm that a matching company exists in the Saint Lucia IFC registry, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licenses forex trading activities.
Operating without proper oversight increases the likelihood of fraudulent trading practices leading to fund loss. Therefore, we strongly recommend that you avoid depositing funds or conducting any transactions through this platform.
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