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ANSWER The first tip to before the decision to engage with a forex broker is verifying its licenses. Since it is un unlicensed platform, we strongly suggest you avoid WEALTHY HARGREAVES OPTIONS even if it provides services to customers from the US.The WEALTHY HARGREAVES OPTIONS' fails to disclose information about its regulatory status can be considered a significant scam indicator, as legitimate brokers always prominently display such information.Although WEALTHY HARGREAVES OPTIONS provides an address in the UK to appear legitimate, this country's financial watchdog, the Financial Conduct Authority (FCA) has issued a warning against this platform, saying it is illegally providing financial products/services to British citizens.In conclusion, due to its fraudulent nature, we strongly suggest investors stay away from WEALTHY HARGREAVES OPTIONS. Once your money and personal information enter this platform, there are no rules in place to safeguard them. Therefore, to mitigate such risks, a fully regulated broker is a better choice.

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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.

Disclaimer:

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.