ANSWER An unlicensed broker warned by a financial regulator, DURBAN TRADEFX comes with significant risks, such as financial losses and identity theft. As such, we strongly suggest you drop the plan to engage with this fraudulent platform.Regarding the company information, DURBAN TRADEFX solely claims to be operated by SKYNEST CAPITAL INVESTMENT LTD, a company registered with the Companies House (CH) under company number 13788032. While matching records do exist on the CH register, it is crucial to note that the CH only serves as a registrar of companies in the UK and has no authority to issue financial licenses. Mere registration with the agency doesn't imply being authorized to legally offer financial services/products.Furthermore, the UK Financial Conduct Authority (FCA) has added DURBAN TRADEFX to its warning list for illegally engaging in investment business without their authorization.In conclusion, investors using DURBAN TRADEFX would be exposed to high stakes, which could be financially and personally devastating, as there are no rules in place to safeguard investors' interests. To protect yourself from such risks, we highly recommend avoiding unlicensed brokers like DURBAN TRADEFX and instead choosing a fully regulated one.
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