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sfm global

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ANSWER Dear Investor, Thank you for reaching out to us. We are concerned that SFM Global is a potential scam. SFM Global claims to provide financial services for trading different assets, including Forex, Futures, and Indices. However, the broker only relies on the purported registration in St. Lucia to demonstrate its crediblity and compliance, which cannot constitute a valid license for its business. Firstly, St. Lucia is an offshore area known for its lax regulation and minimum protections for investors. Secondly, the country doesn't license forex trading activities. Therefore, your money entrusted with SFM Global is not safe. For a safer trading environment and peace of mind, it is critical to do thorough research and opt for fully regulated brokers.

Please verify SFM Global's legitimacy.

JP Rossi

Vietnam

Sep 11, 2024

ANSWER Dear Investor,We are concerned that SFM Global is a scam.Offshore Registration: SFM Global claims to be registered in St. Lucia, a jurisdiction known for its lax regulatory environment. Additionally, forex trading is not licensed in St. Lucia, indicating that SFM Global operates without regulatory oversight.Lack of Valid Licenses: SFM Global does not provide any valid licenses to support its legitimacy in the market. This is a strong indication that it is an unlicensed broker.Given these factors, we strongly advise against using SFM Global. For a safer trading environment, we recommend choosing brokers that are fully regulated.

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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.

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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.