ANSWER Dear Investor,
SecureFX currently claims only to be registered in Saint Lucia and to maintain an office in the UAE. While we did locate an entity named SecureFX Capital LTD in the Saint Lucia International Financial Centre (IFC) registry, it is crucial to ·understand that this registration merely grants International Business Company (IBC) status, which does not constitute a valid financial services or forex trading license. The Saint Lucia IFC neither regulates nor authorizes brokerage activities.
Moreover, despite its UAE presence, SecureFX is not authorized by any UAE regulatory body, including the Securities and Commodities Authority (SCA), to operate as a broker in the region. This means its trading services are not legally permitted in the UAE either.
More alarmingly, on June 11, 2024, the UK’s Financial Conduct Authority (FCA) added SecureFX to its warning list, stating that the company might be providing financial services or products without proper authorization in the UK, which is a serious red flag indicating potential misconduct.
These factors strongly suggest that investor funds are at significant risk. We therefore strongly advise you to avoid any engagement with SecureFX and to steer clear of this platform entirely.
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