ANSWER Ufina Capital appears to be an unregulated broker and thus you should avoid it.Despite its claims of being based in the UK, Ufina Capital is not registered with the Financial Conduct Authority (FCA), the financial regulatory authority in the country. This means it operates outside the regulatory framework enforced by the FCA. Highlighting the significant risks involved, the FCA has issued a warning against Ufina Capital, urging the public to steer clear of it.Therefore, to prevent falling prey to potential fraud and identity theft, investors are strongly advised not to engage with Ufina Capital. It is always recommended to opt for fully regulated brokers.
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