ANSWER Irrespective of its trading conditions, we strongly advise against trading with Reltex Group due to its unlicensed status. Despite claiming to be a secure and transparent forex broker, Reltex Group hasn't provided any licensing or company details to substantiate its legitimacy, thereby raising suspicions of potential fraud. Further exacerbating concerns, the Ontario Securities Commission (OSC) has issued a warning that Reltex Group isn't registered in Ontario for securities trading. This warning serves as a red flag, indicating issues with the broker's credibility. Operating in an unregulated environment, Reltex Group poses additional risks to investors. Its customers face the risk of losing money with no means of recovery. For a safer trading environment, we highly recommend avoiding unlicensed brokers like Reltex Group and opting for fully regulated ones instead.
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