ANSWER Irrespective of the appealing trading conditions on offer, it is strongly recommended to avoid Optimum Fx Trades. This online trading platform operates without any form of regulatory supervision.The absence of regulatory information is a red flag, casting doubts on its legitimacy. Despite having office addresses in the UK and the US, there are no indications that it is registered with the Financial Conduct Authority (FCA) or the National Futures Association (NFA). This non-compliance further fuels suspicions about potential fraudulent activities.As such, engaging with Optimum Fx Trades could lead to fraud and identity theft, and individuals dealing with it are not protected by rules or laws. To mitigate such risks, it is advisable to avoid such unlicensed brokers as Optimum Fx Trades and instead choose fully regulated ones with solid reputations.
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