ANSWER We strongly advise against using TEXTTFOREX, an unlicensed forex broker. Despite its claim of being headquartered in London, there's no evidence of its registration with the Financial Conduct Authority (FCA). The FCA has issued a warning about TEXTTFOREX, highlighting its unlicensed status and advising the public to avoid it.Regarding its alleged MSB registration with the Financial Crimes Enforcement Network (FinCEN) and supposed membership of the National Futures Association (NFA), our investigation indicates these claims are unfounded.Considering these factors, TEXTTFOREX is not a safe choice for investors. To protect themselves from potential scams, investors should opt for fully regulated brokers instead of unregulated ones like TEXTTFOREX.
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