ANSWER THOR FX is a forex broker merely registered with the Marshall Islands Registry (IRI). It appears to have no financial licenses to carry on business in forex trading. Even worse, its unlicensed trading activities have prompted a warning from the Comisión Nacional del Mercado de Valores (CNMV), making it on the Spanish regulator's alert list.It is crucial to note that the IRI is only a privately held maritime and corporate registry service provider, without the authority to issue licenses for or regulate forex trading. Mere registration with this agency doesn't equate to financial authorization.Therefore, THOR FX is not regulated. Trading with it will expose investors to potential fraud and identity theft. To minimize such risks, it is always recommended to choose fully regulated brokers only.
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