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ANSWER Given its fraudulent nature, we strongly suggest you drop the plan to engage with MEGAFOXTRADE, regardless of the regions it provides services to.It is a red flag that MEGAFOXTRADE fails to disclose its regulatory information and licensing data, as legitimate brokers always prominently display such information.Additionally, the UK Financial Conduct Authority (FCA) has issued a warning against MEGAFOXTRADE for illegally providing financial services/products in the UK without their authorization.In conclusion, MEGAFOXTRADE is an unlicensed broker coming with significant risks, such as financial losses and identity theft, as there are no rules in place to prevent fraud or theft. Therefore, we strongly suggest investors stay away from unlicensed brokers like MEGAFOXTRADE and instead choose a fully regulated one.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.