ANSWER CBERRY WT purports to have its headquarters in the UK. However, we strongly advise against any transactions with this unlicensed forex broker.CBERRY WT holds only an MSB registration with the Financial Crimes Enforcement Network (FINCEN). It's important to understand that MSB registration does not equate to authorization from a financial regulatory body. The US forex markets are overseen by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). Yet, CBERRY WT is not registered as an NFA member and is therefore not regulated in the US. Moreover, despite claiming to be based in the UK, it has been flagged by the Financial Conduct Authority (FCA) as an unauthorized firm providing financial services without their authorization.Consequently, traders should avoid unlicensed brokers like CBERRY WT, which lack credibility. Those who trade with them risk falling prey to fraud and identity theft. It is always safer to choose fully regulated brokers with strong reputations.
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