ANSWER BreeTrade is not a licensed or regulated broker even though it states offers that look good to be true. BreeTrade claims it is registered in the Companies House of United Kingdom (CH) with registration number: 09110851. However, CH is the United Kingdom's registrar of companies which has no legit rights to regulate any forex activities. Having registration does not mean having any regulation. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). But there are no matching results to BreeTrade in FCA.What's more, BreeTrade claims to be owned by BREE LIMITED, a foreign exchange broker authorized and regulated by the US National Futures Association (NFA) under regulatory number: 0541392. When we searched in NFA, we found this broker is not under valid regulation by NFA since it is not an NFA member.The truth is, BreeTrade is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like BreeTrade and trade with licensed brokers.
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