ANSWER Unifi Forex operates without any financial licenses.While it provides an Australian Business Number (ABN) to demonstrate its legal standing within Australia, it fails to obtain an Australian Financial Services (AFS) license. A search for Unifi Forex on the Australian Securities and Investments Commission (ASIC) yielded no results that would validate its forex trading operations. This means it is not approved to offer financial or investment products or advice in Australia.Since Unifi Forex is not under the regulation of any authority, investing with this broker carries a high level of risk. No legal protections designed to secure investors' funds. Therefore, we strongly suggest investors steer clear of Unifi Forex and instead choose fully regulated brokers.
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