ANSWER DXJM is not a licensed or regulated broker even though it states offers that look good to be true. DXJM claims to be owned and operated by DXJM Future Ltd, a UK-based company. As per 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 we did not find any match results to DXJM in FCA. Besides, DXJM claims to be registered in the China mainland with registration number: 13954706. But please be informed that there is currently no regulatory body regulating entities engaging in forex services in China mainland.The truth is, DXJM 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 DXJM and trade with licensed brokers.
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