ANSWER Oxygen Trade Solutions is an unreliable forex broker operating in the absence of the required authorization. While it provides an address "25 Old Broad Street, London, EC2N 1HN" to prove its existence, our research reveals that this is a virtual office address. As for its real physical address, it is unknown.Despite portraying itself as an over 10-year-old company in this industry, its domain name, "oxygentrade.solutions", was first registered in May 2023. This discrepancy strongly suggests that Oxygen Trade Solutions is untrustworthy. Along with its cealing information about the actual operator, such negative situation works as a red flag for a scam.Furthermore, the Financial Conduct Authority (FCA) has issued a warning about Oxygen Trade Solutions, identifying it as an unauthorized firm targeting British investors. You can access the full FCA warning here.Therefore, Oxygen Trade Solutions is an unlicensed platform you are advised to avoid. It poses significant risks to investors, including significant financial losses and identity theft, which could be financially and personally devastating. To mitigate these risks, it is recommended to opt for a fully regulated broker instead.
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