ANSWER Dear Investor,
Classic Global Ltd is an untrustworthy platform that operates without authorisation from any recognised financial regulatory body.
Although Classic Global Ltd claims to be a regulated forex broker, its website does not provide any verifiable information regarding its regulatory status. It merely states that it 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 company with the same name is registered with the Saint Lucia International Financial Centre (IFC), this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities.
Furthermore, Classic Global Ltd appears to be unregulated by any authorities. Operating without proper oversight may be indicative of fraudulent trading practices that lead to fund loss. Therefore, we strongly advise against engaging with Classic Global Ltd and recommend that you avoid depositing funds through this platform.
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