ANSWER 24 World Fx is not a licensed or regulated broker even though it states offers that look good to be true. 24 World Fx claims to be strictly licensed by the Seychelles Financial Services Authority (Seychelles FSA) and the Cyprus Securities and Exchange Commission (CySEC). However, we did not find any match results to this broker in Seychelles FSA or CySEC. The regulatory information this broker claim is a false statement for unsuspecting traders.The truth is, 24 World Fx is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like 24 World Fx and trade with licensed brokers.
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