The Official Website Of FirstCoast Cannot Be Accessed Properly At The Moment. It Seems That The Company Has Gone Out Of Business. Therefore We Can Only Gather Some Relevant Information For Reference Only.
2022-06-06 We Have Confirmed After Review That FirstCoast Is An Unregulated Forex Broker
FirstCoast Claims To Be A Trusted Broker, But Neither Provides Detailed Information About Its Regulation Nor Provides Legal Documents (terms And Conditions, Risk Disclosure And Privacy Policy, Etc.). Lack Of The Above Information May Be A Distinct Feature Of Unlicensed Dealers, As Compliance Dealers Always Display Their Certifications And Operating Licenses In A Prominent Position.
In Addition, FirstCoast Claims That Its Company Headquarters Are Located In Switzerland. However, We Did Not Find Any Results Matching FirstCoast In The Swiss Financial Marekt Regulatory Authority (FINMA). This Means That FirstCoast Is Not Regulated By Any Regulatory Authority. Investors' Funds Invested In This Broker Are Not Safe And Cannot Be Protected By Any Laws. It Is A Fake Trader.
Since We Cannot Access The Broker's Website Now, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That FirstCoast Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose To Provide Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: FirstCoast Is An, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious When Selecting Traders, And Remind Everyone To Stay Away From These Unregulated Ones As Much As Possible.
