ANSWER Metro Fxtrading is an unlicensed broker we advise against trading with, despite the seemingly attractive deals it offers.Metro Fxtrading doesn't provide details about its regulatory status, which is a clear indication of an unlicensed broker, as legitimate ones always prominently display their accreditation and licenses. In addition, when browsing through their website, we noticed that it claimed to be located in the US. However, our search for this broker in the National Futures Association (NFA), America's authority to regulate futures and derivatives markets, didn't yield any results matching it.Regarding your question, we strongly suggest you avoid dealing with Metro Fxtrading since it is not subject to any recognized regulatory body. Entrusting this broker with your funds is highly risky, as there are no safeguards in place to prevent fraud or theft. Therefore, investors are suggested to stay away from unlicensed brokers like Metro Fxtrading and opt for fully regulated ones instead.
See more