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navitas markets

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Is Navitas Markets regulated or not？
David Russel
Ireland
2021-10-16
ANSWER Navitas Markets is an UNREGULATED firm claiming to be a Forex, indices and commodity broker operated by Salvax Limited, a company registered in Bermuda Montary Authority (BMA) with registration number 53275. However, we didn't find any information about its regulation from the BMA, as well as any other regulatory authority. What's worse, the Spanish regulator CNMV has added Navitas Markets into the unregistered firm alert, warning the public that the firm is not authorised to provide the investment services in the country. You can check full alert or warning from CNMV on Navitas Markets here. We would recommend you to stay away from Navitas Markets and any other unregulated brokerages, since they are not subject to necessary laws and principles of operation, resulting in a high risk to trade with them.
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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.

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