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EXCO
Operating status: SCAM
Website: https://excotrader.com/
Broker violations and abnormal records
While its website claims to be registered in St. Vincent, inquiries revealed its status with the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) as "Cancellation Pending." In reality, as is well known, this only confirms the company's status as an International Business Company (IBC), which does not constitute a valid forex license. This is a very dangerous signal; investors are advised to be cautious and stay away.
While its website claims to be registered in St. Vincent, inquiries revealed its status with the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) as "Cancellation Pending." In reality, as is well known, this only confirms the company's status as an International Business Company (IBC), which does not constitute a valid forex license. This is a very dangerous signal; investors are advised to be cautious and stay away.
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