ANSWER Fxcapitaltrade claims to be incorporated in the US, as it provides a "Business License" in America. However, its assertion lacks credibility as it operates outside of any regulatory frameworks enforced by the US authorities.For Fxcapitaltrade to be a legitimate forex broker in the US, it is mandatory to register as a member of the National Futures Association (NFA). However, the NFA register doesn't include this company.Given the unlicensed status, Fxcapitaltrade is far from a secure choice for investors. It poses risks of fraud and identity theft. To avoid falling victim to fraud schemes, it is advised to steer clear of unlicensed platforms like Fxcapitaltrade and instead choose those under strict regulation.
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