Reported Website: https://www.wintersnowfx.com/
Wintersnow claims it is a professional and experienced broker while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here. Besides, Wintersnow shows its company address is in Hong Kong. As a forex traders, you should know that any regulated forex brokers in Hong Kong are monitored by the Securities And Futures Commission (HK SFC). However, we did not find any match results to Wintersnow in SFC. That means Wintersnow is not under valid regulation to do forex by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
