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Tradon
Regulators:
Tradon is an unauthorized broker and should be avoided at all events. Tradon claims to be owned and operated by Ingenue Consulting LLC, a registered firm with St. Vincent and Grenadines Financial Service Authority (SVG FSA). However, SVG FSA does not regulate forex trading, which means only having registration with SVG FSA is not enough for brokers to do forex. This firm is merely a registered firm under no regulation.
What's worse, the Spain CNMV and Italy CONSOB have successively added Tradon to the alert lists to warn the public that this firm is not authorised to provide the investment services in their countries. You can check the full alert or warning from CNMV and CONSOB via the hyperlinks.
As per the evidences above, our conclusion is that Tradon is thoroughly a scam on account of running its business without any relevant license approved by a reputable regulator. Therefore, we would recommend traders stay away from this broker and deal with licensed brokers.
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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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