ANSWER CedarFX is an unregulated broker even though it states offers that look too good to be true.CedarFX presents zero details on its regulatory status, which is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position.Regarding your question, the client manager being unresponsive for several days is usually a sign of dishonest brokers. Letting an unlicensed broker hold and control investors' funds and trading with them is very risky, as there are no safeguards in place to protect inverstors from fraud or theft. We would recommend staying away from unlicensed brokers like CedarFX and trading with fully regulated brokers.
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