ANSWER Trade Vision Group is not a licensed or regulated broker even though it states offers that look good to be true. Trade Vision Group is owned and operated by Lencher ExPro LLC, a company registered with the St Vincent and the Grenadines Financial Services Authority (SVG FSA) with registration number: 1005 LLC 2021. We do find a match result to Lencher ExPro LLC in SVG FSA. However, SVG FSA does neither issue licenses for forex trading nor regulate brokers offering forex activities. What's more, the German regulator Federal Financial Supervisory Authority (BaFin) issued a warning that Lencher ExPro LLC is not authorized or regulated to conduct banking business or provide financial services. You can check the full warning from here.The truth is that Trade Vision Group is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Trade Vision Group and trade with licensed brokers.
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