ANSWER No, Capital Ex Pro is not safe to trade with.Capital Ex Pro confesses that it does not have the required authorization to operate as a trading platform and tries to brainwash potential clients into believing that licenses are not necessary for a business to offer its services. This is untrue, as regulation and authorization ensure legal security for traders and compliance with the rules by brokers.Capital Ex Pro claims to be based in the UK, but it is not registered with the Financial Conduct Authority (FCA). The FCA has warned against Capital Ex Pro, saying that it is an unauthorized firm that poses a high risk to investors. The full FCA warning can be accessed here.In short, Capital Ex Pro is not supervised by any authority. Trusting this broker with investors' funds is very risky, as there are no legal measures in place to protect the funds. Investors must bear in mind that the top priority when selecting a broker is to verify its license. It is advisable to stay away from unlicensed brokers regardless how tempting deals they offer, and instead choose a fully regulated one.
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