Financial Services Authority

The St. Vincent and the Grenadines Financial Services Authority “(the Authority)” advises that an entity called FX Revenues is not registered, incorporated or regulated in St. Vincent and the Grenadines. According to their website – https://fxrevenues.com/, FX Revenues is operated by VHNX Limited, a business company registered with the Authority. Notwithstanding VHNX’s Limited registration, the Authority advises that, Forex/Brokers licenses are NOT issued from this jurisdiction. Please also be advised that the Financial Services Authority does not “Regulate, Monitor, Supervise or Licence” business companies (BCs) which engage in FOREX Trading or Brokerage. The extent of supervision goes no further than to ensure that the BCs comply with their obligations under the Business Companies (Amendment and Consolidation) Act, Chapter 149 of the Revised Laws of Saint Vincent and the Grenadines 2009. Business Companies which engage in forex trading/brokerage are required to ensure the appropriate authority or license is acquired from the relevant jurisdiction where their clients are located. The Authority advises that documents provided by FX Revenues which indicate that it is incorporated, registered, formed, licensed or in any way affiliated with the Authority are false and forged documents. The Authority strongly advises that persons should not engage in business with this entity as they may be subject to fraud.