Winvest Brokers Review

About Winvest Brokers

Winvest Brokers LLC operates the website winvestbrokersllc.com and advertises CFD trading across forex pairs (“Parities”), commodities, cryptocurrencies and stocks. The site displays a CFD risk disclosure stating that 77.93% of retail investor accounts lose money and notes that clients from the United States and Turkey are not accepted. Contact details shown include a registry address at “Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines,” a head office location “Dzordza Vasingtona, Podgorica,” and phone +382 20 268 496. Official site

The website does not publish a supervising regulator or license number. While it lists a St. Vincent and the Grenadines address, the Financial Services Authority of St. Vincent and the Grenadines states that Forex/Brokers licenses are not issued in that jurisdiction and that BCs/LLCs engaged in forex trading or brokerage are not regulated by the Authority. SVG FSA SVG FSA

Pros and cons

Pros

• Offers multiple CFD asset classes: forex, commodities, cryptocurrencies and stocks, as described on the website. Official site
• Publishes a clear CFD risk warning with the stated loss percentage. Official site

Cons

• No regulator name or license number is disclosed on the website. Official site
• Listed registry address is in St. Vincent and the Grenadines, where the Authority confirms it does not issue Forex/Brokers licenses and does not regulate BCs/LLCs engaged in such activities. SVG FSA
• Website states it does not accept clients from the United States and Turkey. Official site