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esplanade

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What documents should I have if I want to open an account in this platform?
Shaman
Saipan
2023-04-13
ANSWER Esplanade is a non-regulated broker that we advise against trading with, despite the seemingly attractive deals it offers.Esplanade claims to operated by Esplanade Market Solutions Ltd., a company registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under registration number 22514 IBC 2015. Although we did find records matching this broker in the registry of the SVG FSA, it's important to note that the SVG FSA neither issues forex licenses nor regulates entities engaged in forex activities. In essence, Esplanade is not subject to any valid regulations.Regarding your question, we strongly advise against dealing with Esplanade since there are no legal protections in place to protect the funds you entrust it to hold and control. Trading with it is highly risky. As a result, we suggest investors avoid unlicensed brokers like Esplanade and opt for fully regulated ones instead.
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I've lost my credit card. How can I change the way I withdraw?
TKS
Great Falls
2022-11-30
ANSWER Esplanade claims to be owned and operated by Esplanade Market Solutions, a company registered in Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) with registration number 22514IBC2015. Providing retail and institutional Foreign Exchange services to investors, Trading Forex, Commodities, and other tradable instruments as part of their investment portfolio. However, SVG FSA does neither issue licenses for forex trading nor regulate brokers offering forex activities. For more details on this broker, you can check our full Esplanade review.We keep on reminding traders to be wary of offshore brokers in SVG as they don't provide any funds protection as well as withdrawals guarantee. If you are looking for brokers to deal with, we would recommend brokers regulated by top-tier regulators like FCA, CySEC, ASIC, etc.
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Is Esplanade-MS a licensed investment broker or not？
jason
Malta
2021-10-18
ANSWER Esplanade-MS is owned and operated by Esplanade Market Solutions Ltd., an offshore broker registered in the St. Vincent and the Grenadines. Financial Services Authority (FSA) of the St. Vincent and the Grenadines has announced that it does not issue any licenses for forex trading or brokerage nor does it regulate, monitor, supervise or license international companies engaging in such activities. Therefore, this broker is actually not under valid regulation. For more details about this broker, you can check our full Esplanade-MS review. We keep on remind the trader to be wary of offshore brokers as they don't provide any funds protection as well as withdrawals guarantee. If you are looking for brokers to deal with, we would recommend brokers regulated by top-tier regulators like FCA, CySEC, ASIC, etc.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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