ANSWER We strongly suggest that you avoid depositing any money on MakroFX. This broker is unlicensed, posing significant risks.Not only does MakroFX lack the necessary licenses to operate as a trading platform, but it also falsely claims an association with FOREX.com, a regulated forex broker. However, this connection appears to exist solely within its own assertions and they are literally not connected.The lack of authorization, combined with its dishonest claims, makes MakroFX an unsafe choice for investors. Trading with this unregulated platform could lead to fraud and identity theft, and victims may have limited legal recourse to recover their funds. To mitigate such risks, we advise avoiding unlicensed brokers and instead choosing fully regulated ones with solid reputations.
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