Two weeks ago, we issued a warning against the offshore broker scheme Opoforex, registered in St. Vincent & The Grenadines (SVG) in Feb 2021 by corporate builder Wilfred Services Ltd. The Financial Services Authority (FSA) VSG has clarified in Feb 2022 that it does not regulate or authorize forex or CFD brokers. Opoforex has no authorization to offer its services in Europe or other regulatory regimes but continues to solicit consumers. Stay away from Opoforex and other offshore brokers.