Hi, I was reminded by other people that TRADE INSTANTFX is a scam. Is that true?

https://tradeinstantfx.com/    

TRADE INSTANTFX seems to be a scam. 

Despite claiming to be a UK-based company, it only provides a registration certificate from the US. This is peculiar and raises concerns. Moreover, it fails to comply with US law, as it operates without the necessary permissions from the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC). Adding to the suspicion, the Financial Conduct Authority (FCA), the UK's financial regulator, has flagged TRADE INSTANTFX as an unauthorized firm (the FCA warning can be accessed here).

Engaging with TRADE INSTANTFX could expose clients to potential fraud and identity theft. Furthermore, clients would not be protected by regulatory rules. To avoid such risks, it is strongly advised to refrain from dealing with unlicensed platforms like TRADE INSTANTFX and instead opt for fully regulated ones with solid reputations.