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Greetings, Could you tell me about license of North Trader? Best Regards.
AmerioLynn
Tanzania
2023-12-12
ANSWER North Trader does not possess the required licenses to operate or provide financial services as a forex broker. This trading platform significantly lacks transparency, leaving the public in the dark about its regulatory status and operator. Although it claims to be located in the UK, there are no indications that it is registered with the Financial Conduct Authority (FCA). Moreover, the Autorité des Marchés Financiers (AMF) has added North Trader to its warning list for being an unauthorized company engaging in forex activities. All these findings suggest that North Trader's offerings are unauthorized.Therefore, investors trading with North Trader are exposed to risks of fraud and identity theft, which could lead to severe financial and personal consequences. To protect their interests, traders are advised to avoid North Trader and other unlicensed brokers, and instead opt for those that are fully regulated and have solid reputations.
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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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