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active forex-trade-(activeforextrade)

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I am interested to open an account in ACTIVE FOREX TRADE. Is it safe?
Jakub Schreurs
Jamaica
2023-08-31
ANSWER No, ACTIVE FOREX TRADE (ACTIVEFOREXTRADE) is not safe for investors.While selecting a trading platform, its regulatory compliance should be your number one focus. Since ACTIVE FOREX TRADE (ACTIVEFOREXTRADE) fails to disclose its regulatory information and licensing data, you should scrap the plan to engage with the platform. The lack of transparency is a significant scam indicator.While ACTIVE FOREX TRADE (ACTIVEFOREXTRADE) claims to be located in the UK, there are no indications that it is registered with the Financial Conduct Authority (FCA). According to the FCA warning, the platform is illegally targeting British residents without their authorization.Therefore, ACTIVE FOREX TRADE (ACTIVEFOREXTRADE) is a scam. Entrusting the platform with investors' funds and personal information is highly risky, as there are no rules in place to prevent fraud or theft. To protect traders' interests, a fully regulated alternative could be better.
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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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