ANSWER We strongly advise against trading with ENCOREFX GLOBAL, an unlicensed trading platform.Although it purports to be registered with the National Futures Association (NFA), our investigation revealed that it is not an NFA member and is therefore not subject to the NFA's oversight. Its NFA ID serves only for tracking purposes. Moreover, its unlicensed investment activities have drawn a warning from the Financial Conduct Authority (FCA), further indicating the substantial risks involved.Consequently, investors who trade with ENCOREFX GLOBAL expose themselves to potential fraud and identity theft, as there are no regulatory protections in place. To protect their interests, traders are recommended to choose fully regulated brokers only.
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