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I wonder if Edge Markets is regulated?
mani
Libya
2023-08-08
ANSWER Edge Markets is not regulated.Edge Markets doesn't provide information regarding its regulatory status, a significant scam indicator. Legitimate brokers always prominently display their licenses and accreditation, whereas the lack of information thereof may suggest that it is an unlicensed broker.Edge Markets provides an address in Anguilla and thus we searched for it in the register of Anguilla Financial Services Commission. However, there isn't a company called Edge Markets LLC in the list of Money Services Business Regulated Entities. Furthermore, this Anguilla's financial regulator doesn't supervise forex trading.In conclusion, Edge Markets is a non-regulated broker coming with significant risks, such as financial losses and identity theft, as there are no rules in place to safeguard investors. Therefore, we strongly suggest investors stay away from unregulated brokers like Edge Markets and instead choose a fully regulated one.
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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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