ANSWER Trader House is not a licensed or regulated broker even though it states offers that look good to be true. Trader House claims to be a trustworthy broker without presenting any information about its regulation. Lacking regulatory information may be a distinct characteristic of an unlicensed broker, as regulated brokers always present their certificates and licenses in a prominent position. It is a red flag.Besides, Trader House presents two company addresses in the United Kingdom and Saint Vincent and the Grenadines. So we searched the United Kingdom Financial Conduct Authority (FCA) and the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA). However, we did not find any results matching Trader House in the above two watchdogs' registries.More importantly, the Belgian Financial Services and Markets Authority (FSMA) issued a warning that identifies Trader House as a fraudulent online trading platform. You can check the full warning from here.The truth is, Trader House 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 Trader House and trade with licensed brokers.
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