ANSWER Godlight trading is a scam.Godlight trading employs a shoddy website template that is commonly used by scammers. This template consists of fake regulatory information, company profile, and other elements. Not suprisingly, its claim that it is regulated by the Australian Securities and Investments Commission (ASIC) is unfounded as our search for Godlight trading in the ASIC register didn't yield any results.Furthermore, the Financial Conduct Authority (FCA) has added Godlight trading to its warning list. According to the FCA warning, Godlight trading is an unauthorized firm soliciting investors in the UK.Therefore, given its unlicensed status, it is recommended to steer clear of Godlight trading. Dealing with this unlicensed platform is at great risk. Its clients cannot get protections from rules and law. To mitigate such risks, investors are advised to choose fully regulated brokers instead.
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