ANSWER Target trading is an unlicensed broker we advise against trading with despite the seemingly attractive deals it offers.Target trading claims to be trusted but provides zero details about its regulatory status, which is a clear indication of an unlicensed broker, as legitimate ones always display their accreditation and licenses. When looking through their website, we noticed that it claims to be located in Netherlands. As per local law, brokers operating in this country must be licensed and regulated by the Dutch Authority for the Financial Markets (AFM). However, our search for Target trading in the AFM registry didn't yield any results.Regarding your question, Target trading is an unregulated broker. Entrusting this broker to hold and control your funds or trading with it is highly risky, as there are no safeguards in place to prevent fraud or theft. Therefore, we strongly suggest investors avoid dealing with unlicensed brokers like Target trading and choose fully regulated ones instead.
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