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true forex-funds

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I live in Europe, so I can trade with this broker right?
Fatma M
France
2023-08-02
ANSWER If you are a novice investor, we strongly suggest you remember the tip that you must verify a broker's license before making an investment decision. True Forex Funds is an unlicensed broker, and we advise you against trading with the platform, even if it offers services for European residents.True Forex Funds claims to be owned and operated by TFF International Kft registered in Hungary. While we did find this company's registration information, it is critical to note that mere incorporation data doesn't mean that it is legal to offer financial and investment services. We searched for the company in the Central Bank of Hungary (MNB) registry but found no matching entries. As such, True Forex Funds is operating outside the regulatory framework.In addition, the US Commodity Futures Trading Commission (CFTC) has added True Forex Funds to its RED List for illegal operations. You can find more information in the press release.In conclusion, True Forex Funds is an unlicensed broker that comes with signficant risks, such as financial losses and identity theft, which could be financially and personally devastating. Therefore, we strongly suggest investors steer clear of unlicensed brokers like True Forex Funds and instead choose a fully regulated one.
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.