ANSWER We advise you not to engage with FX Margine, which is suspected of being a fraudulent scheme.The investment website purports to be regulated by the Financial Conduct Authority (FCA) under FRN 562170. However, this license number is associated with a different company that seems unrelated to FX Margine. The FCA has issued a warning, further substantiating this conclusion by identifying FX Margine as a clone firm.This deceptive practice strongly indicates the significant risks associated with FX Margine. Their aim appears to be fraudulent, and clients could potentially fall victim to fraud and identity theft. To prevent such a damaging trading experience, we strongly advise investors to steer clear of unregulated trading platforms like FX Margine and opt for fully regulated ones with solid reputations.
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