Is GreatchainFX regulated?? Im really confused.

https://greatchainfx.net/    

GreatchainFX is not regulated.

GreatchainFX provides a certificate from FMRRC to appear legal. However, the so-called FMRRC is not a legit financial watchdog.

GreatchainFX is allegedly headquartered in the UK, but there are no indications that it is registered with the Financial Conduct Authority (FCA), which, hence, drew a warning from the UK financial watchdog. According to the FCA warning, GreatchainFX is not authorized to legally provide financial products or services in this jurisdiction.

As such, we strongly suggest investors steer clear of the unlicensed broker GreatchainFX. Without regulatory oversight, there are no rules in place to prevent fraud and theft. Traders' money and personal information, once held by the platform, will not get protected. It could be financially and personally devastating. To mitigate such risks, we highly recommend choosing a fully regulated broker.