EPIC PIPS claims to operate as the brand of EPIC PIPS LTD, registered in Saint Lucia and regulated there. While we did locate this entity in the Saint Lucia International Financial Centre (IFC) registry, this registration only confers International Business Company (IBC) status, but not a valid financial services licence. Importantly, Saint Lucia has no authority that regulates forex trading, so any claim of being “regulated in Saint Lucia” is misleading and inaccurate. Additionally, EPIC PIPS states it holds an MSB registration from the U.S. Financial Crimes Enforcement Network (FinCEN). Although a matching record exists in FinCEN’s database, it must be emphasized that FinCEN does not regulate forex brokers. An MSB registration offers no trading authorization and regulatory oversight. Finally, the platform lists a physical address in Bulgaria, yet we found no trace of EPIC PIPS LTD in the official register of the Bulgarian Financial Supervision Commission (FSC). EPIC PIPS' claims of compliance in its jurisdiction are either incorrect or deliberately deceptive. Therefore, it appears to be a scam.