ANSWER S.E Trend is not a licensed or regulated broker even though it states offers that look good to be true. S.E Trend claims to be owned and operated by S.E trend LTD, a company registered in the Marshall Islands Registry (IRI) with registration number 111781. We indeed find a match result to S.E trend LTD in IRI.Regarding the IRI, we'd like to remind traders that IRI does neither issue licenses for forex trading nor regulate international companies and brokers engaging in forex activities.More importantly, the Germany Federal Financial Supervisory Authority (BaFin) issued a warning that S.E Trend does not have authorisation under the KWG to conduct banking business or provide financial services. You can check the full warning from here.The truth is, S.E Trend is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like S.E Trend and trade with licensed brokers.
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