ANSWER VOLO Finance is not a licensed or regulated broker even though it states offers that look good to be true. VOLO Finance claims to be a Master Introducing Broker (MIB) of Vlado Limited, a company licensed and regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the Australian Securities and Investments Commission (ASIC). First, we indeed find a match result to Vlado Limited in FINTRAC, but please be informed that FINTRAC is not a regulatory body that regulates entities engaging in forex services. Second, we did not find any match results to Vlado Limited in ASIC's registry.The truth is, VOLO Finance is not under valid regulation to do forex 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 VOLO Finance and trade with licensed brokers.
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