ANSWER Under US law, forex brokers must register with the National Futures Association (NFA) before engaging with investors. However, BTC Trade is not listed in the NFA's records, making it unauthorized to serve US customers.Furthermore, BTC Trade lacks regulation, as evidenced by the absence of verifiable regulatory information and a warning from the Financial Conduct Authority (FCA) in the UK, labeling it as an unauthorized entity.Investors are at risk of fraud and financial loss when dealing with BTC Trade. For a secure trading experience, it is wise to avoid unregulated brokers like BTC Trade and opt for those that are fully regulated.
See more