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4xempires

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I've just started to trade with 4XEmpires but I just heard they had got a warning. Is that true????
daniel
Vietnam
2022-07-07
ANSWER 4XEMPIRES is not a licensed or regulated broker even though it states offers that look good to be true. 4XEMPIRES claims to be owned and operated by 4XEmpires Company, a company authorized and regulated by the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Securities Commission of The Bahamas(Bahamas SCB).However, we did not find any match results to 4XEMPIRES in CySEC and Bahamas SCB. When we searched in FCA, we only found 4XEMPIRES had been blacklisted by FCA for providing financial services without authorization. You can check the full warning from here.The truth is, 4XEMPIRES is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like 4XEMPIRES and trade with licensed brokers.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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