ANSWER According to the US regulation, forex brokers need to be registered as a member of the National Futures Association (NFA) before they are allowed to accept the US customers. Our search for Global Trade Finance in the NFA BASIC didn't return matching records, indicating that this platform is not available in America.(Global Trade Finance purports to be operated by Global Trade Finance Group Inc. However, there is no such company in the BASIC.)Furthermore, our investigation has revealed that Global Trade Finance appears to be operating outside of the regulatory framework. Despite the claim that it is located in Samoa, this company is not included in the register of the Central Bank of Samoa.Therefore, we strongly suggest investors avoid Global Trade Finance. It is not safe to trade with this unlicensed platform and let it control the funds. Its clients are vulnerable to fraud and identity theft as no rules in place to safeguard their interests. To minimize such substantial risks in the trading journey, it is advisable to choose fully regulated brokers.
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