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ufxone

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ANSWER UFXONE purports to maintain offices in the UK and Cyprus, yet it lacks the necessary licensing to provide financial services in these locations. We strongly advise against engaging with this unlicensed platform.The Cyprus Securities and Exchange Commission (CySEC) has issued a public warning, affirming that UFXONE is not under their authorization or regulation. This fact underscores the significant risks associated with UFXONE.In light of these risks, and to safeguard investors from potential fraud and identity theft, we strongly recommend avoiding unlicensed platforms such as UFXONE. Instead, we advocate for the use of fully regulated platforms.

ANSWER UFXONE appears to be a scam.This broker's credibility is questionable due to the lack of regulatory oversight. It purports to have offices in the UK and Cyprus, but it is not licensed or regulated by the respective financial regulators in these countries, the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). Notably, the CySEC has included UFXONE in its warning list as an unauthorized entity.As a result, UFXONE presents significant risks of fraud and identity theft. Traders who interact with it are not safeguarded by regulations and laws. To avoid such risks, it is recommended to steer clear of UFXONE and other unlicensed brokers, and instead opt for fully regulated ones with strong reputations.

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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.