ANSWER Dear Investor,
ParadTrade claims to be the brand name of Paradice Trade LTD. Previously, our investigation confirmed that the company was licensed and regulated by the Mwali International Services Authority (MISA) in the Comoros. However, upon our latest verification, we found that the status of this license is currently "suspended." This indicates that the company may be experiencing operational issues and is currently operating without valid regulatory oversight.
Furthermore, it is important to note that MISA is an offshore regulatory authority with extremely weak oversight. Given these significant risks, we strongly advise you to temporarily avoid trading with this broker and instead choose platforms that hold valid licenses from reputable and strictly regulated authorities.
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