ANSWER GiroFX is an unlicensed broker that we do not recommend trading with.When we tried to access this broker's website through the link you provided, we found it is not working. The absence of a website which is essential for a broker to display regulatory status and facilitate trading may be interpreted as a negative indication, suggesting potential issues with the broker's reliability and resources. In addition, we would like to bring to your attention that the Swedish Financial Supervisory Authority (FI) has added GiroFX to its warning list for offering financial services without authorization. You can check the warning here.Regarding your question, GiroFX is an unlicensed broker. Letting this broker hold and control your funds or trading with them is very risky, as there are no safeguards in place to prevent fraud or theft. We strongly suggest investors avoid unlicensed brokers like GiroFX and choose the fully regulated ones instead.
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