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SecureFX
Regulators:
SecureFX claims to be a legitimate broker with proper registration, but research shows it's unlicensed.
Despite boasting a long history, SecureFX's domain was only registered in late March of this year. Such a discrepancy is a significant concern that casts doubt on the broker's authenticity.
It alleges to be registered in Canada, St. Lucia, and the UK, but lacks the necessary licenses from financial authorities. It is critical to note that St. Lucia's Financial Services Regulatory Authority (FSRA) has clarified that it does not license forex trading activities. In Canada, there is no evidence to suggest that SecureFX is recognized by the Investment Industry Regulatory Organization of Canada (IIROC). Regarding its UK operations, the Financial Conduct Authority (FCA) has issued an alert, identifying SecureFX as an unlicensed entity.
In light of this, SecureFX is operating in an unregulated environment, presenting substantial risks to investors. To protect themselves from potential fraud and identity theft, investors are advised to steer clear of unlicensed brokers like SecureFX and instead choose fully regulated ones.
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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.
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.


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