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Phoenix Brokage
Regulators:
https://phoenixbrokage.com
Phoenix Brokage is an unlicensed broker that we strongly advise against trading with, despite the seemingly attractive deals it offers.
Phoenix Brokage displays a certificate of incorporation from the Companies House (CH) with company number 12125159 on their homepage to appear legitimate. However, we found this number belongs to a company named GLEX INVESTMENTS (U.K.) LIMITED on the website of the CH. That means this broker is using false information to deceive investors. Moreover, the CH is only a registrar of companies in the UK responsible for incorporating and dissolving companies, and the authority to regulate financial industry in the UK rests with the Financial Conduct Authority (FCA). But we did not find any results matching Phoenix Brokage in the FCA registry. Therefore, Phoenix Brokage is not subject to any valid regulations.
Regarding your question, we strongly suggest you avoid Phoenix Brokage since it is an unlicensed broker. Entrusting it with your funds or trading with it is highly risky, as there are no safeguards in place to protect your funds. Therefore, we strongly suggest investors stay away from unlicensed brokers like Phoenix Brokage and opt for fully regulated ones instead.
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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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