Will my deposit be in a segregated account? Is 247 Trade Base safe?

https://247trade-base.com/    

Please be informed that your funds will not be held in segregated accounts as 247 Trade Base is an unlicensed forex broker.

This brokerage firm has not provided any information regarding its regulatory status, which raises concerns due to the lack of transparency. Despite the presence of a UK phone number listed as a customer hotline, suggesting a potential office in the UK, it is important to note that the firm is not registered with the Financial Conduct Authority (FCA).

The non-compliance of 247 Trade Base indicates that it may not be a secure platform. Entrusting such a platform with your funds and personal information carries a high level of risk. For a safer trading experience, it is recommended to avoid unlicensed platforms like 247 Trade Base and instead opt for fully regulated ones.