I am considering to trade with TradeFXP. Is this a good choice?

https://tradefxp.com/

TradeFXP is not a regulated or licensed broker for traders even though it states offers that look good to be true.

TradeFXP claims it is a full subsidiary of NAFA markets, a company with an address in Dubai, United Arab Emirates. As per the relevant regional and national law. We did searching in the following regulatory bodies, including:

1) the Central Bank of the United Arab Emirates (CBUAE);

2) the Dubai Financial Services Authority (DFSA).

However, we did not find any match results to TradeFXP in the above watchdog's registries. 

The truth is, TradeFXP 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 TradeFXP and trade with licensed brokers.