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gbfx international

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ANSWER It is advised against trading with GBFX International, an unlicensed investment platform.GBFX International asserts to possess a license from the Australian Securities and Investments Commission (ASIC) but our investigation on the ASIC register reveals that it is not regulated within this jurisdiction. Contradicting the company's assertion of being operational since 2022, the domain name gbfx-intl.com was registered only in October 2023. These all serve as warning signs.Further exacerbating these issues, GBFX International is allegedly domiciled in the UK, but it has received a warning from the Financial Conduct Authority (FCA) for offering unauthorized financial services in the UK.In summary, GBFX International is not overseen by any regulatory body. Entrusting it with investors' funds poses a high risk, as there are no legal safeguards to protect the funds. To mitigate such risks, it is recommended staying away from unlicensed platforms like GBFX International and instead choosing fully regulated ones.

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Risk Warning

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.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.