ANSWER No, it is not a safe decision to trade with Jetafx.Jetafx claims to be a regulated ECN/STP broker with offices in Dubai and Saint Lucia, but our investigation suggests otherwise. No corresponding records are found in the registers of the Dubai Financial Services Authority (DFSA), the Securities and Commodities Authority (SCA), and the Central Bank of the UAE (CBUAE). Its mere registration with the International Financial Centre (IFC) in Saint Lucia cannot considered authorization from a financial regulator, and this country does not license forex trading activities.Since Jetafx is operating in the absence of the required licenses, it is by no means a safe choice. Investors should steer clear of Jetafx and instead opt for fully regulated brokers.
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