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AdmiralFX is regulated????
Tibisay RM
Guernsey
Feb 21, 2023
ANSWER AdmiralFX is not a regulated or licensed broker for traders even though it states offers that look good to be true.AdmiralFX claims to be an online financial trading platform owned by Admiral Markets UK Ltd, a company authorized and regulated by the Financial Conduct Authority (FCA) under FRN: 595450.We indeed found a match result to Admiral Markets UK Ltd. But as per the regulatory details shown on FCA, the only approved domain of this licensed firm is "https://www.admiralmarkets.com/" instead of the one used by AdmiralFX. That means AdmiralFX is high possibly a clone firm that falsely uses the regulatory information of an FCA-licensed firm.More improtantly, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that AdmiralFX is not authorized to provide financial services. You can check the full warning from here.The truth is, AdmiralFX is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like AdmiralFX and trade with licensed brokers.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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