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How is the swap fee calculated?
Ethan Marchetti
Ethiopia
2022-12-14
ANSWER Fintegral is not a licensed or regulated broker even though it states offers that look good to be true.Fintegral claims to be owned by Ethereal Group LLC, a company registered in St. Vincent and the Grenadines Financial Services Authority (SVG FSA) with registration number 1450 LLC 2021. We indeed find a match result to this broker in SVG FSA. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services. Moreover, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Fintegral was not authorized to provide financial services. You can check the full warning from here.The truth is, Fintegral is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Fintegral and trade with licensed brokers.
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